Important announcements and developments across various sectors in India, including real estate, engineering, electric equipment, solar energy, construction, and finance. Here is a summary of the key points:
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Brigade Group: Announced the signing of a luxury residential project in East Bengaluru spanning 10.75 acres with a saleable area of 2.5 million square feet and a Gross Development Value (GDV) of Rs 2500 Crore.
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Supreme Power Equipment Limited: Received a new order worth Rs 10.02 crores from a reputed power company in Karnataka.
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Godawari Power and Ispat Limited: Entrusted John Cockerill India Limited with the engineering, design, manufacture, and supply of a 6HI Cold Rolling Mill for installation in Chhattisgarh.
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Alpex Solar Limited: Received an order for the supply of solar modules worth Rs 345 Crore from a leading industry player.
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Diamond Power Infrastructure Limited: Secured a letter of intent from Adani Energy Solutions Limited for the supply of 4,215 KM AL-59 Zebra Conductor for the Khavda IV-D Project.
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Ceigall India Limited: Entered the renewable energy space and secured 337 MW of power from Maharashtra State Electricity Distribution Co. Limited for solar power.udent Corporate Advisory Services Limited**: Announced a business transfer agreement with Mr. Sanjay Sanghvi for the acquisition of the mutual fund distribution business of Indus Capital.
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DEE Development Engineers Limited: Commissioned the remaining 15,000 metric tons of manufacturing capacity for Process Piping Solutions at its new facility in Gujarat.
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Telecommunication – Service Provider
- Tata Communications Limited has announced a strategic collaboration with Cisco to reshape the future of business connectivity, management, and scaling of connected devices globally.
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Electric Equipment
- Servotech Renewable Power System Limited has entered into an exclusive strategic partnership with Zhuhai Piwin New Energy Co., Ltd. (Pilot Group), China to focus on technology support and local manufacturing of advanced Battery Energy Storage Systems in India.
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Aquaculture
- Kings Infra Ventures Limited and Sri Aqua Seafoods have agreed that September 30, 2025 will be the cutoff date for closing balance sheets to finalize the valuation for the acquisition of Sri Aqua Seafoods by Kings Infra.
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Power Generation/Distribution
- ACME Solar Holdings Limited has placed a 2 GWh Battery Energy Storage System order through Posco International Corporation.
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Engineering – Construction
- SPML Infra Limited has been awarded a prestigious Rs 1,438 Crore project in a joint venture with JWIL Infra Limited, with SPML leading the project with $51% funding from the Public Health Engineering Department (PHED), Bharatpur, Rajasthan.
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Professional Services
- A wholly owned subsidiary of Krystal Integrated Services Limited, named “Krystal Ports and Harbour Private Limited”, has been incorporated.
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Electronics – Components
- Vikram Solar Limited has announced a major order win of 336 MW high-efficiency solar modules from L&T Construction.
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Electronics – Components
- Ceigall India Limited has received a Letter of Intent for Procurement of Solar Power under the Mukhyamantri Saur Krushi Vahini Yojana 2.0 for 147 MW from Maharashtra State Electricity Distribution Co. Limited.
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Telecom-Infrastructure
- HFCL Limited has secured export orders worth USD 40.65 million for the supply of optical fiber cables through its overseas wholly owned subsidiary.
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Power Generation/Distribution
- Adani Green Energy Limited has operationalized an aggregate of 87.5 MW power projects at Khavda, Gujarat, through its various step-down subsidiaries.
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Energy – Oil & Gas
- OPEC+ has agreed in principle to increase oil production in October.
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Automobiles – Passenger Cars
- Hyundai Motor India has cut prices by up to Rs 2.4 lakh, passing on the full benefit of the GST rate reduction to customers.
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Technology – Artificial Intelligence
- Open Al is set to launch a new jobs platform to compete with LinkedIn, targeting AI-ready workers.
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Construction – Real Estate
- Max Estates Limited has expanded its footprint in Gurugram, securing a 7.25 acre deal at Golf Course Extension Road, with an opportunity for more than $3,000 Crore GDV.
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Power Generation/Distribution
- Adani Power Limited and Druk Green Power Corp. Ltd. have signed a shareholders agreement (SHA) to set up a 570 MW hydroelectric project at Wangchhu in Bhutan.