INFRASTRUCTURE
Adani Ports To Buy European Liquid Storage Operator Evos For ₹27,148 Cr
Adani Ports and Special Economic Zone Ltd (APSEZ) has agreed to acquire 100% of Netherlands-headquartered Evos B.V. from Igneo Infrastructure Partners in an all-cash transaction at an enterprise value of €2.56 billion (27,148 crore). The transaction values Evos at an equity value of €1.18 billion, implying an acquisition multiple of 11.7 times its CY25 enterprise […]
CW Bureau
·
Nov 5, 2026
MANUFACTURING
Perma-Pipe, Welspun Corp To Invest $125 Mn In Jordan Pipe Facilities
Welspun Corp Ltd and Perma-Pipe International Holdings Inc. have approved a joint investment of up to approximately $125 million to establish spiral pipe manufacturing and advanced coating facilities in Jordan. The project follows a memorandum of understanding signed with the developers of Jordan’s National Water Carrier Project and the Government of the Hashemite Kingdom of […]
CW Bureau
·
Oct 29, 2026
MANUFACTURING
Welspun Corp To Invest $115 Mn In US Pipe Manufacturing Capacity
Welspun Corp Ltd, a manufacturer of large-diameter steel pipes and pipeline solutions, has approved an investment of up to $115 million to expand its spiral pipe manufacturing capacity in the United States, supported by a strong order book and long-term demand visibility in the oil and gas sector. The company will establish an additional helical […]
CW Bureau
·
Oct 29, 2026
STARTUP/TECHNOLOGY
Chevron, IIT Madras Launch Energy Technology Incubation Programme
Chevron ENGINE (Engineering and Innovation Excellence Center) and the Indian Institute of Technology Madras (IIT Madras) have launched the Chevron-IITM Energy Technology Incubation Programme to support innovators, student teams, researchers and social entrepreneurs developing technology-led solutions for the energy sector. The programme will focus on early-stage innovations addressing energy infrastructure, carbon utilisation, circular economy and […]
CW Bureau
·
Sep 25, 2026
INFRASTRUCTURE
Adani Power Lays Foundation For ₹48,000-Cr 3,200-MW Assam Plant
Assam Chief Minister Himanta Biswa Sarma laid the foundation stone for Adani Power Ltd’s 3,200 MW Ultra-Supercritical Thermal Power Plant (USTPP) at Chapar in lower Assam’s Dhubri district. The project involves an investment of around ₹48,000 crore and is expected to generate up to 20,000 jobs during construction and around 5,000 jobs once operational. Commissioning […]
CW Bureau
·
Sep 21, 2026
INFRASTRUCTURE
OIL Targets 10-12 MMTOE Production By 2030, Expands Energy Push
Oil India Ltd (OIL) is strengthening its role in India’s energy security through full-value-chain integration, with a continued focus on upstream growth, midstream infrastructure, petrochemicals, city gas distribution, offshore exploration and energy-transition opportunities. In a letter to shareholders, OIL Chairman and Managing Director Ranjit Rath said the company is targeting 10-12 MMTOE of production by […]
CW Bureau
·
Aug 25, 2026
MANUFACTURING
Welspun Bags Record $1.8-Bn Pipe Order, Global Order Book Hits $4.4 Bn
Welspun Corp Ltd has secured the largest single order in its history, valued at approximately $1.8 billion (₹17,200 crore), for the supply of pipes from its manufacturing facility in the United States. Record order The landmark order will be executed during FY2028 and FY2029, marking a defining milestone in Welspun Corp’s global growth trajectory and […]
CW Bureau
·
Aug 21, 2026
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
