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Market Updates

Adani Energy Solutions

The company received LOI from PFC for establishing a 2500 MW HVDC transmission system for Khavda renewable evacuation, expanding its network capacity.

AXISCADES Technologies

The company announced Altera Corporation expanded its strategic partnership with AXISCADES to develop mission-critical defense applications under a renewed technology collaboration.

Azad Engineering

The company signed agreements with Pratt & Whitney Canada to develop and manufacture aircraft engine components, strengthening its aerospace manufacturing capabilities.

G R Infraprojects

The company received Western Railways’ appointed date for a Rs.262.28 crore EPC gauge-conversion project covering 38.9 km in the Vadodara division.

Inox Green Energy Services

The company clarified loss of grid access for 300 MW wind project is immaterial and carries no revenue or operational impact.

Newgen Software Technologies

The company’s UK subsidiary executed a GBP 1,468,804 master service agreement to deliver software licenses, AWS managed cloud and implementation services.

NTPC Green Energy

The company declared 75.5 MW of its Khavda-I solar project commercially operational through its wholly owned subsidiary, raising NGEL Group’s installed capacity to 7639.075 MW.

Oriental Rail Infrastructure

The company’s wholly owned subsidiary Oriental Foundry secured a Rs.3.67 crore order from Eastern Railway for manufacturing and supplying 4,172 knuckles for freight stock wagons.

Solar Industries India

The company received Rs.1,400 crore export orders for supplying defence products to international clients to be delivered across four years.

Suprajit Engineering

The company invested 1 million euros in Blubrake for a minority stake, strengthening collaboration on scalable ABS technology for two-wheelers.

Vedanta

The company incorporated a wholly owned subsidiary Vedanta Finance IFSC in GIFT City to operate as a treasury hub enhancing liquidity management.

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