Adani Group Awards BHEL Rs 70 Bn Orders for Power Plants

18 Jun 2024 CW Team

The Adani Group has awarded Bharat Heavy Electricals Limited (BHEL) contracts worth Rs 70 billion for the construction of two power plants, marking a significant milestone in India's power sector. The contracts were finalised between Adani Group and BHEL, signalling a strong partnership between the two entities in advancing India's energy infrastructure.

Under the agreements, BHEL will be responsible for the design, engineering, procurement, construction, and commissioning of the two power plants. These plants, once operational, are expected to contribute to India's energy security and support the nation's efforts towards achieving universal electricity access.

The awarded contracts reaffirm BHEL's position as a key player in the power generation sector, leveraging its expertise in delivering reliable and efficient power solutions. The collaboration between Adani Group and BHEL underscores the commitment of both organisations to drive sustainable growth and development in India's energy landscape.

The power plants, to be constructed by BHEL, will utilise advanced technologies and adhere to stringent quality standards to ensure optimal performance and environmental sustainability. Additionally, these projects are expected to generate employment opportunities and stimulate economic growth in the regions where they are located.

As India continues to prioritise the expansion of its power generation capacity, partnerships between industry leaders like Adani Group and BHEL play a crucial role in accelerating project execution and meeting the nation's growing energy demands. The contracts awarded to BHEL by Adani Group mark a significant step towards achieving India's energy goals and fostering long-term collaboration in the power sector.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..