INFRASTRUCTURE CG Power Expands EHV Switchgear Capacity With New Nashik Facility

Murugappa Group company CG Power and Industrial Solutions Ltd (CG) has commenced manufacturing operations at its new extra high-voltage (EHV) switchgear facility, S3 Unit-II, in Nashik, significantly enhancing its ability to cater to the growing demand for power transmission equipment in India and overseas markets. The ₹39.49 crore new facility, located alongside the company’s existing […]

CW Bureau · Jun 4, 2026

INFRASTRUCTURE Trinity, Touax, Texmaco Pact To Build Railcar Leasing Platform For India

TrinityRail Global Inc., a subsidiary of Trinity Industries, has joined hands with Touax Group and Texmaco Rail & Engineering Ltd in their railcar leasing joint venture called Touax Texmaco Railcar Leasing Pvt Ltd (TTRL), marking a significant step towards creating an integrated freight rail ecosystem for India. Under the revised structure, Trinity will acquire a […]

CW Bureau · Jun 4, 2026

INFRASTRUCTURE Adani Portfolio Posts ₹1.53-Lakh-Cr Capex, Asset Base Nears ₹8 Lakh Cr

The Adani Portfolio, India’s largest infrastructure and utilities platform, reported a record capital expenditure of ₹1,52,967 crore ($16.1 billion) in FY26, the highest annual capex undertaken by any Indian corporate, as it accelerated investments across energy, utilities, transport and logistics businesses. The group said nearly 80% of the investments were directed towards its core infrastructure […]

CW Bureau · Jun 2, 2026

INFRASTRUCTURE Adani Power Sees Energy As Base For AI-Led Growth, Says Gautam Adani

Adani Power Ltd believes that the next phase of global growth will be driven by the convergence of digital intelligence and physical infrastructure, with energy emerging as the critical foundation for the AI era, Chairman Gautam Adani said in the latest annual report. “We understood then that the coming age of AI would demand far […]

CW Bureau · May 29, 2026

INFRASTRUCTURE Adani Power To Acquire JPVL 24% Stake, UP Thermal Plant For ₹4,194 Cr

Adani Power Ltd, part of the diversified Adani Group with interests across energy, infrastructure and logistics, has signed definitive agreements with Jaiprakash Associates Ltd (JAL) to acquire a 24% stake in Jaiprakash Power Ventures Ltd (JPVL) and a 180-MW thermal power plant in Uttar Pradesh for a total consideration of ₹4,193.59 crore. The acquisition is […]

CW Bureau · May 21, 2026

INFRASTRUCTURE Adani Ports & Logistics To Acquire Jaypee Fertilizers Firm For ₹1,500 Cr

Adani Ports and Logistics Ltd, a logistics and integrated transport infrastructure arm of the Adani Group, has entered into a Share Purchase Agreement with Jaiprakash Associates Ltd (JAL) to acquire 100% shareholding in Jaypee Fertilizers & Industries Ltd (JFIL) for a cash consideration of ₹1,500 crore. JFIL is the holding company of Kanpur Fertilizers and […]

CW Bureau · May 21, 2026

MANUFACTURING Ambuja Cements Q4 Profit Jumps 37%; Normalised Profit Declines

Ambuja Cements Ltd, the world’s ninth largest building materials solutions company, reported a 37% increase in consolidated net profit at ₹1,857 crore for the March quarter compared with the year-ago period. However, normalised net profit declined 34% to ₹569 crore, impacted by one-time reversals of income tax provisions (₹761 crore) and deferred tax liabilities (₹604 […]

CW Bureau · May 4, 2026

INFRASTRUCTURE Adani Pitches Worker-Centric Growth Strategy Backed By Capex Push

Adani Group Chairman Gautam Adani has outlined a growth strategy centred on worker welfare, local employment and entrepreneurship, as the conglomerate accelerates capital expenditure backed by strong liquidity. Addressing employees on International Labour Day, he said the Group, which operates more than 700 assets across 24 States and engages nearly 400,000 employees, partners and contractors, […]

CW Bureau · May 2, 2026

INFRASTRUCTURE Adani Enterprises Q4 Net Up 31% To ₹9,339 Cr, Income Crosses ₹1 Lakh Cr

Adani Enterprises Ltd (AEL), the flagship company of the Adani Group, reported a 31% increase in consolidated net profit at ₹9,339 crore for FY26, while revenue rose 3% to ₹1,02,943 crore compared with the previous year. With the close of FY26, the company said it has transitioned to a core infrastructure-led model, with 80% of […]

CW Bureau · Apr 30, 2026

INFRASTRUCTURE APSEZ Q4 Net Profit & Revenue For FY26 Outperform Guidance

Adani Ports and Special Economic Zone Ltd (APSEZ) reported a 16% increase in consolidated net profit at ₹12,782 crore for FY26, while revenue rose 25% to ₹38,736 crore compared with the previous year. The company became the first Indian integrated transport operator to handle over 500 million tonnes of port cargo in a single year, […]

CW Bureau · Apr 30, 2026

INFRASTRUCTURE HCC Bags ₹2,917-Cr CIDCO Water Infrastructure Project In Maharashtra

Hindustan Construction Company Ltd (HCC) has secured an infrastructure contract worth ₹2,917 crore from City and Industrial Development Corporation of Maharashtra Ltd for construction of a 22.21 km raw water tunnel and a 250 MLD water treatment plant in Raigad. The project has been awarded to the LCESPL-HCC joint venture, with HCC’s share of execution […]

CW Bureau · Apr 24, 2026

INFRASTRUCTURE HPCL Rajasthan Pachpadra Refinery Project Cost Revised To ₹79,459 Cr

Ministry of Petroleum and Natural Gas has approved the revision in the project cost of HPCL Rajasthan Refinery Limited (HRRL) for the Pachpadra refinery-cum-petrochemical complex in Rajasthan, from ₹43,129 crore to ₹79,459 crore. Hindustan Petroleum Corporation Ltd (HPCL) is setting up the 9 million tonnes per annum (MTPA) joint venture project, which includes 2.4 MTPA […]

CW Bureau · Apr 18, 2026