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ESAF Small Finance Bank has announced key strategic initiatives to bolster its capital base and support future growth. These decisions were approved by the Board of Directors in a meeting held on September 20, 2025. Capital Raising Initiatives The Board has approved the raising of Tier I capital…

Algoquant Fintech Limited, a leading financial technology company, has achieved a major milestone by securing a certificate of registration from the Securities and Exchange Board of India (SEBI) to operate as a Depository Participant (DP) with Central Depository Services (India) Limited (CDSL). Registration Details The registration has been…

Power Grid Corporation of India Limited (POWERGRID) has secured a key inter-state transmission system project in Madhya Pradesh, strengthening its role in the state’s power infrastructure and supporting renewable energy integration. The project was awarded through a tariff-based competitive bidding (TBCB) process. Project Overview The newly awarded project…

Oil India Limited (OIL) has entered into a joint venture agreement (JVA) with Rajasthan Rajya Vidyut Utpadan Nigam Limited (RVUNL) to establish a Joint Venture Company (JVC) aimed at developing 1.2 gigawatts (GW) of renewable energy in Rajasthan. Project Overview The renewable energy project will comprise: 1,000 MW…

Shakti Pumps Ltd has won a significant order to supply and install 25,578 off-grid solar water pumping systems under the Maharashtra PM-KUSUM scheme (Pradhan Mantri Kisan Urja Suraksha Evam Utthan Mahabhiyan). The cumulative value of the order is Rs 702.69 crore, secured across multiple tranches, with the final…

PNC Infratech Ltd has received a Letter of Acceptance (LoA) worth ₹495.5 crore from the Bihar State Road Development Corporation (BSRDC) for a major infrastructure project. The project involves the construction of a high-level bridge and approach road along the Hathouri-Atrar-Bavangama-Aurai Road, spanning a total length of 21.3…

Ashoka Buildcon Limited (ABL) has announced the mutual foreclosure of a significant EPC (Engineering, Procurement, and Construction) project in Ivory Coast, originally valued at €18.50 million. The project involved the construction of 100 drinking water wells and the supply and installation of drinking water units across 35 villages,…

NBCC (India) Ltd. has been awarded multiple work orders from the Housing and Urban Development Corporation (HUDCO), valued at approximately Rs 117 crore. These projects span commercial, residential, and institutional development, reinforcing NBCC’s role as a leading infrastructure and project management consultancy organisation in India. Project Portfolio Under…

Ceigall India Limited has emerged as the lowest bidder (L-1) for a 220 MW solar power project with integrated battery energy storage systems (BESS) at Morena Solar Park, Madhya Pradesh, marking a significant expansion in the company’s renewable energy portfolio. Project Overview The project forms part of a…