Month: February 2025
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Servotech Renewable Joins Hands with CIMSME to Drive Solar Adoption Across India
Servotech Renewable Power System has partnered with CIMSME to install 100,000 rooftop solar systems across India by 2026, as part of the PM Surya Ghar Muft Bijli Yojana. This collaboration introduces a user-friendly mobile app to simplify the solar adoption process, helping homeowners seamlessly navigate installation, monitoring, and subsidy applications while contributing to India’s renewable energy goals.
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Tata Power’s TP Solar Secures Rs 632 Crore Order for Solar Modules, Reinforcing India’s Renewable Energy Push
Tata Power's subsidiary, TP Solar, has secured a Rs 632 crore contract from SECI to supply 292.5 MWp of domestic solar modules for a major renewable energy project in Andhra Pradesh. This achievement highlights TP Solar’s role in advancing India’s renewable energy transition and boosting domestic solar manufacturing.
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RVNL Bags Rs 136-Cr Order from Central Railway: A Strategic Win Amidst Mixed Financial Results
Rail Vikas Nigam Limited (RVNL) has secured a significant Rs 136-crore order from Central Railway for a crucial project on the Bhusaval-Khandwa section. This includes the development of traction substations and related infrastructure, aimed at boosting operational capacity. Despite a dip in recent profits, this contract marks a positive step toward RVNL's growth and the modernization of India’s railway network.
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GE Power India Secures ₹273.5 Crore Order for Saundatti Hydro Project Expansion
GE Power India has secured a ₹273.5 crore order from GREENKO KA01 IREP Pvt. Ltd. for the expansion of the Saundatti Hydro Project in Karnataka. This includes the addition of a 320 MW unit, further enhancing the project’s capacity and supporting India’s renewable energy goals.
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Adani Green Energy Secures 1,250 MW Energy Storage Contract from UPPCL
Adani Green Energy has secured a 1,250 MW energy storage contract from UPPCL, marking a significant step in the company’s renewable energy expansion. This long-term deal, based on pumped hydro storage, aligns with AGEL’s goal of reaching 50 GW of renewable capacity by 2030, reinforcing its leadership in India’s clean energy sector.
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Glenmark Pharmaceuticals Launches Epinephrine Injection in the US, Secures CGT Exclusivity
Glenmark Pharmaceuticals has launched a generic version of Epinephrine Injection in the US, providing a more affordable option for treating severe allergic reactions like anaphylaxis. This FDA-approved medication is bioequivalent to the branded version and comes with a 180-day Competitive Generic Therapy exclusivity, offering both cost savings and improved access to life-saving treatment.
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Dr. Reddy’s Laboratories Receives EIR from USFDA for Hyderabad API Facility
Dr. Reddy's Laboratories has received the USFDA's Establishment Inspection Report (EIR) for its Hyderabad API facility, signaling regulatory compliance. This comes alongside a strong Q3 FY25 performance, with a rise in net profit and sales, reinforcing the company's position in the global pharmaceutical market.
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Jupiter Tatravagonka Secures Rs 255 Crore Order, Set to Revolutionize India’s Railway Manufacturing Sector
Jupiter Tatravagonka Railwheel Factory has secured a significant Rs 255 crore order for 9,140 high-performance wheelsets, further cementing its role in India’s railway infrastructure. With ambitious expansion plans and a target of Rs 600 crore in revenue by FY26, the company is poised to lead in domestic manufacturing and support India’s vision for self-reliant mobility solutions.
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Oil India Partners with MECL for Mineral Exploration: A Strategic Move for Energy Security and Growth
Oil India has teamed up with MECL to explore critical minerals and launched a green energy joint venture with APGCL. These strategic moves aim to enhance India’s energy security, promote sustainable growth, and position Oil India as a key player in the renewable energy and critical mineral sectors.
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ABB India Unveils Innovative ‘LIORA’ Modular Switch Range at ELECRAMA 2025
ABB India has unveiled its new LIORA modular switch range at ELECRAMA 2025, offering a perfect blend of safety, style, and functionality for residential, commercial, and hospitality spaces. With advanced features and sleek designs, LIORA sets a new standard in modern electrification solutions.