Saatvik Wins Rs 288m Solar EPC Order

12 Jan 2026 CW Team

Saatvik Green Energy said it has secured a solar engineering, procurement and construction order worth about Rs 288 million from a leading solar developer.

The order covers the design, engineering, procurement, supply, testing and commissioning of a solar power project under a turnkey EPC contract and is scheduled to be executed by the end of March 2026.

Saatvik Green Energy is an integrated solar energy solutions provider engaged in the manufacturing of high-efficiency photovoltaic modules and the execution of EPC projects across utility-scale, commercial and industrial segments.

On the financial front, the company reported a 36 per cent year-on-year rise in net profit to around Rs 832 million in Q2 FY26, compared with Rs 612 million in the same quarter last year. Revenue from operations increased 61.6 per cent year-on-year to about Rs 7.68 billion from Rs 4.75 billion in Q2 FY25.

Shares of Saatvik Green Energy were trading 1.98 per cent lower at Rs 409 on the National Stock Exchange of India.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..