L&T Promotes Subramanian Sarma to Deputy MD & President

Govt May Extend Deadline for Mega Power Projects to Sign PPAs

The Indian government is considering extending the timeline for power projects under the Mega Power Policy by two to three years to allow additional time for signing power purchase agreements (PPAs). The proposed extension aims to assist projects that have not yet secured or only partially secured long-term agreements with distribution companies.At least six projects with a combined capacity of eight gigawatts could benefit. Of this, nearly four gigawatts remain untied, placing Rs 40 billion worth of bank guarantees at risk. Granting more time would allow developers to finalise PPAs and recove..

PowerGrid Awards Rs 860 Million OPGW Supply Order to Advait

Power Grid Corporation of India Limited has awarded a project worth Rs 860 million to Advait Energy Transitions Limited for the supply and installation of optical ground wire (OPGW) and communication equipment across India.The order, accepted on May fourteen, covers Package OPGW-04 under bulk implementation. It includes both supply and erection of transmission line infrastructure at various locations nationwide.Advait Energy Transitions Limited, formerly known as Advait Infratech Limited, confirmed the project award through a regulatory filing. The scope involves delivering and installing OPGW..

Kolkata Port to Repurpose Three Pilot Launches for Tourism

Syama Prasad Mookerjee Port, Kolkata, is inviting proposals to convert three of its historic pilot launches — PL Rupsa, PL Hooghly, and PL Gopal — into floating venues for tourism, culture, and leisure along the Hooghly River.Originally built in the 1990s to guide ships, these vessels are now positioned to serve as floating cafés, mobile museums, heritage cruises, wedding venues, or performance spaces. The initiative seeks to preserve maritime legacy while promoting economic and community development.PL Rupsa and PL Hooghly, constructed in 1997 with steel hulls, offer one thousand to two ..