Adani Energy Plans Rs 160-180 Bn Capex for FY26 Growth
Adani Energy Solutions Ltd (AESL) plans a capital expenditure of Rs 160-180 billion for FY26, focusing on transmission, smart meters, and distribution, according to Chief Executive Officer Kandarp Patel. The company will allocate Rs 120-130 billion for transmission, Rs 40 billion for smart meters, and Rs 16 billion for distribution.AESL had incurred a capex of Rs 114.44 billion in FY25. The company’s transmission pipeline remains strong, with Rs 540 billion worth of inter-state transmission system (ISTS) projects in the bid-out stage. AESL expects states to increase transmission investments ..
Patel Engineering Wins Rs 7.18 Bn NEEPCO Hydro Project In Arunachal
Patel Engineering (PEL) has emerged as the lowest bidder for a hydroelectric project awarded by North Eastern Electric Power Corporation (NEEPCO) in Arunachal Pradesh. The contract, valued at Rs 7.18 billion, involves the 240 MW project located in Shi Yomi district.The project, upon completion, is expected to generate approximately 1,000 million units of energy annually. This will enhance the energy infrastructure of the region and contribute significantly to sustainable development initiatives in the state.The awarded scope of work includes the construction of civil structures and associated ..
Biogas Sector Secures Rs 2 Bn Investment Commitments at RenewX
The biogas sector has secured investment commitments exceeding Rs two billion during the three-day renewable energy exhibition RenewX 2025, according to the Indian Biogas Association (IBA).Held from 23 to 25 April at the Chennai Trade Centre, the event was organised by Informa Markets and facilitated several MoUs aimed at boosting the biogas industry. RenewX brought together stakeholders from bioenergy, solar, wind, energy storage, and management sectors to foster strategic collaborations and policy dialogue.IBA Chairman Gaurav Kedia stated that showcasing biogas capabilities in Chennai for th..
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