INFRASTRUCTURE
TARIL To Invest ₹1,250 Cr In Three Manufacturing Plants In Gujarat
Transformers and Rectifiers (India) Ltd (TARIL), a manufacturer of power and distribution transformers, will invest ₹1,250 crore to establish three greenfield manufacturing plants at its Chiyada manufacturing complex in Gujarat. The facilities will manufacture high-voltage bushings, pressboard and insulation materials, and continuously transposed conductors (CTC), key components used in transformer manufacturing. The investment is aimed […]
CW Bureau
·
Oct 27, 2026
INFRASTRUCTURE
Transrail Lighting To Invest ₹20 Cr In Maharashtra Solar Power Portfolio
Transrail Lighting Ltd, an engineering, procurement and construction (EPC) company in the power transmission and distribution sector, has approved the acquisition of a 49% equity stake in NOPL Pace Green Energy Pvt Ltd for ₹20 crore. NOPL is developing a solar power portfolio with an aggregate capacity of about 990 MW (AC) in Maharashtra under […]
CW Bureau
·
Oct 20, 2026
MANUFACTURING
Lumino Industries Bags ₹496-Cr Contract, Order Book Hits ₹3,215 Cr
Lumino Industries Ltd, a manufacturer of conductors and cables for India’s power transmission and distribution sector, has secured orders worth ₹496 crore across its product portfolio from customers in the power sector and other industries. The orders cover conventional and high-performance conductors, high-tension (HT) and low-tension (LT) cables, and railway signalling cables. EPC orders account […]
CW Bureau
·
Oct 12, 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
STARTUP/TECHNOLOGY
Reliance Infrastructure Incorporates Three AI-Focused Subsidiaries
Reliance Infrastructure Ltd., part of the Anil Ambani-led Reliance Group, has expanded its presence in the artificial intelligence (AI) space by establishing three dedicated subsidiaries focused on AI and allied technology-driven services. As part of its strategy to participate in the rapidly evolving AI and new-age technology sectors, the company has incorporated artificial intelligence and […]
CW Bureau
·
Jun 8, 2026
