INFRASTRUCTURE
Adani Energy Solutions To Acquire 100% IntelliSmart Stake For ₹3,050 Cr
Adani Energy Solutions Ltd. (AESL) has signed a binding securities purchase and subscription agreement to acquire a 100% equity stake in IntelliSmart Infrastructure Pvt. Ltd., along with the redemption of optionally convertible debentures of Intellismart held by NIIF, for an enterprise value of ₹3,050 crore. The acquisition is expected to strengthen AESL’s position in the […]
CW Bureau
·
Jun 9, 2026
INFRASTRUCTURE
PNGRB Bets Big On Pipeline Build-Out To Transform LPG Logistics By 2030
The Petroleum and Natural Gas Regulatory Board (PNGRB) has kicked off a large-scale bidding process to develop Liquefied Petroleum Gas (LPG) pipeline infrastructure, in a decisive move to phase out bulk LPG transportation by road. Strengthening safety, efficiency and supply securityThe proposed pipeline network is aimed at enhancing the reliability, safety and efficiency of LPG […]
CW Bureau
·
Apr 17, 2026
STARTUP/TECHNOLOGY
Lineage Power Secures ₹159-Cr Energy Storage Contract from Reliance
Lineage Power Pvt. Ltd., the material subsidiary of Pace Digitek Ltd, has secured a ₹159-crore purchase order from Reliance Industries Ltd for the supply of high-capacity lithium-ion battery packs. Under the agreement, Lineage Power will manufacture and supply 50,000 units of 48V 15S1P 314Ah lithium-ion battery packs. These industrial-grade systems are designed to provide backup […]
CW Bureau
·
Feb 24, 2026
