GE Vernova Secures Rs 5 Bn Order From Power Grid

07 Mar 2025 CW Team

GE Vernova T&D India saw a rise of 2.29%, reaching Rs 1,391.15, following the announcement of securing orders worth Rs 500 crore from Power Grid Corporation of India. The order involves the supply and installation of transformers and reactors under a bulk procurement agreement.

The project covers the bulk procurement of 765kV class transformers and reactors of various capacities, and the execution is expected within 36 months.

As a leading player in the power transmission and distribution sector, GE Vernova T&D India provides a diverse range of solutions to efficiently transfer power from generation sources to the grid. The company offers products ranging from medium to ultra-high voltage (up to 1200 kV) for the power generation, transmission, and distribution industries.

The Power Grid Corporation of India, established by the Government of India, is the central transmission utility of the country. A Maharatna company under the Ministry of Power, the Government holds a 51.34% stake in the company as of December 31, 2024.

Real Estate

01 Dec 2025

Serene, Gardencity to Develop Rs 3 Billion Senior Living Project in Bengaluru

Serene Communities, a leading senior living brand, has partnered with Gardencity Realty to develop a premium senior living community in Budigere, one of Bengaluru’s fastest-growing residential micro-markets. The project will span approximately 300,000 sq ft, with a Gross Development Value of about Rs 3 billion, and will add roughly 250 senior-friendly residences to the city’s growing retirement housing segment.The launch forms part of Serene Communities’ national expansion strategy. The company has 11 new projects under development with a planned investment of Rs 25 billion that will add..

Alliance City Developers Marks Major 2025 Milestones in Vile Parle

Alliance City Developers Realtors has announced significant project milestones and expansions in 2025, underscoring what the company terms a transformational year. The developer completed multiple residential projects and launched two premium developments in Vile Parle (East), one of Mumbai’s most sought-after neighbourhoods.During the year, Alliance Legacy in Matunga (East) received its Occupancy Certificate (OC), while Alliance Eternis in Borivali (West) and Alliance Vista in Vile Parle (East) were granted Completion Certificates (CC), marking final project delivery. Alliance Abhimanyu is ..

Moro Hub and PwC Middle East Partner to Accelerate Smart City Solutions

Moro Hub, a subsidiary of Digital DEWA, the digital arm of Dubai Electricity and Water Authority (DEWA), has announced a strategic collaboration with PwC Middle East to advance Smart City, Integrated Command Centre (ICC), Critical Infrastructure Monitoring and Internet of Things (IoT) initiatives across the region. The partnership brings together Moro Hub’s digital infrastructure and IoT capabilities with PwC’s global expertise in digital trust, smart city strategy and cybersecurity to support the UAE’s vision for intelligent and sustainable cities.“Our collaboration with PwC Middle Ea..