Category: All News

  • Enviro Infra Engineers’ Subsidiary Suyog Urja Receives INR 228 Crore LOI from ARIE Energy LLP for Wind EPC Project

    Enviro Infra Engineers’ Subsidiary Suyog Urja Receives INR 228 Crore LOI from ARIE Energy LLP for Wind EPC Project

    Enviro Infra Engineers Limited (EIEL) has received a Letter of Intent (LOI) from ARIE Energy LLP for the execution of EPC turnkey works for the development of a 100 MW Ajani Wind Power Project at Ajani, Tal. Shirur Anantpal, Dist. Latur, Maharashtra. The LOI has a contract value of ₹228 crore and is to be executed by 31st July 2027.

    This follows the LOI worth ₹224.19 crore received by Suyog Urja Limited from Tata Power Renewable Energy Limited (TPREL) in September 2026 for EPC turnkey works for a 180 MW NTPC Wind Power Project at Parli, Maharashtra.

    Commenting on the development, Mr. Sanjay Jain, Chairman, Enviro Infra Engineers Limited, said, “Ajani Wind Power Project marks our second significant achievement in the wind EPC segment in recent months and is an important milestone in expanding our presence in renewable energy infrastructure. Through Suyog Urja, we are strengthening our capabilities in this space and building a strong foundation for future growth. This order, following our recent win for the 180 MW NTPC Wind Power Project, reflects our focus on scaling our renewable energy business through disciplined execution, technical expertise and the ability to deliver large-scale projects. Together, these achievements reinforce our commitment to contributing to India’s growing clean energy ambitions.”

    The LOI further strengthens Enviro Infra Engineers’ growing renewable energy portfolio and reinforces its strategy of building diversified, integrated capabilities across the clean energy infrastructure ecosystem.

  • Enviro Infra Engineers’ Subsidiary Suyog Urja Receives INR 228 Crore LOI from ARIE Energy LLP for Wind EPC Project

    Enviro Infra Engineers Limited (EIEL) has received a Letter of Intent (LOI) from ARIE Energy LLP for the execution of EPC turnkey works for the development of a 100 MW Ajani Wind Power Project at Ajani, Tal. Shirur Anantpal, Dist. Latur, Maharashtra. The LOI has a contract value of ₹228 crore and is to be executed by 31st July 2027.

    This follows the LOI worth ₹224.19 crore received by Suyog Urja Limited from Tata Power Renewable Energy Limited (TPREL) in September 2026 for EPC turnkey works for a 180 MW NTPC Wind Power Project at Parli, Maharashtra.

    Commenting on the development, Mr. Sanjay Jain, Chairman, Enviro Infra Engineers Limited, said, “Ajani Wind Power Project marks our second significant achievement in the wind EPC segment in recent months and is an important milestone in expanding our presence in renewable energy infrastructure. Through Suyog Urja, we are strengthening our capabilities in this space and building a strong foundation for future growth. This order, following our recent win for the 180 MW NTPC Wind Power Project, reflects our focus on scaling our renewable energy business through disciplined execution, technical expertise and the ability to deliver large-scale projects. Together, these achievements reinforce our commitment to contributing to India’s growing clean energy ambitions.”

    The LOI further strengthens Enviro Infra Engineers’ growing renewable energy portfolio and reinforces its strategy of building diversified, integrated capabilities across the clean energy infrastructure ecosystem.

  • Replus Engitech Appoints Nishmitha Shetty as Vertical Head – C&I (ESS)

    Replus Engitech Appoints Nishmitha Shetty as Vertical Head – C&I (ESS)

    Replus Engitech Private Limited (Replus), a subsidiary of HEG Advanced Materials Limited (HEGAM), today announced the appointment of Nishmitha Shetty as Vertical Head – Commercial & Industrial (C&I). She will be responsible for driving the growth and expansion of Replus’ C&I Energy Storage Systems business, a strategic focus area for the company.

    Ms. Shetty has more than 15 years of experience in business development, commercial strategy and market expansion across renewable energy, utility solar, Battery Energy Storage Systems (BESS) and electrical infrastructure in India and the Asia Pacific region.

    She joins Replus from Hoymiles, where she served as Utility Business Head (India Region), successfully leading the India and MEA utility business for the company’s BESS and solar inverter portfolio. Prior to this, she spent nearly five years at LONGi Solar Technology, where she developed the company’s utility, open access and C&I solar business in India through close collaboration with EPCs, IPPs and developers. Her diverse experience also includes roles spanning quality, production at manufacturing facilities, marketing, sales and business leadership positioning with esteem entities like Honeywell Building Automation, Sungrow Power Supply and Technocrafts Switchgears (ABB System House).

    Ms. Shetty holds an MBA in Marketing and Operations from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.

    Hiren Pravin Shah, Managing Director & CEO, Replus Engitech Private Limited, said, “We are delighted to welcome Nishmitha to Replus. Commercial and industrial energy storage is an important growth vertical for us, as businesses across India look for reliable power and greater control over their energy costs. Nishmitha brings deep commercial experience across solar and energy storage, along with strong relationships across the developer and EPC ecosystem. Her leadership will be valuable as we scale our C&I offering across the country.”

    Nishmitha Shetty, Vertical Head – C&I (ESS), Replus Engitech Private Limited, said, “Energy storage is becoming central to how Indian businesses manage their power needs, and the C&I segment offers a significant opportunity. Replus brings together manufacturing, engineering and execution capabilities under one roof, backed by the strength of HEG Advanced Materials. I look forward to working with the team to build a strong C&I business and deliver dependable storage solutions to our customers.”

  • Replus Engitech Appoints Nishmitha Shetty as Vertical Head – C&I (ESS)

    Replus Engitech Appoints Nishmitha Shetty as Vertical Head – C&I (ESS)

    Replus Engitech Private Limited (Replus), a subsidiary of HEG Advanced Materials Limited (HEGAM), today announced the appointment of Nishmitha Shetty as Vertical Head – Commercial & Industrial (C&I). She will be responsible for driving the growth and expansion of Replus’ C&I Energy Storage Systems business, a strategic focus area for the company.

    Ms. Shetty has more than 15 years of experience in business development, commercial strategy and market expansion across renewable energy, utility solar, Battery Energy Storage Systems (BESS) and electrical infrastructure in India and the Asia Pacific region.

    She joins Replus from Hoymiles, where she served as Utility Business Head (India Region), successfully leading the India and MEA utility business for the company’s BESS and solar inverter portfolio. Prior to this, she spent nearly five years at LONGi Solar Technology, where she developed the company’s utility, open access and C&I solar business in India through close collaboration with EPCs, IPPs and developers. Her diverse experience also includes roles spanning quality, production at manufacturing facilities, marketing, sales and business leadership positioning with esteem entities like Honeywell Building Automation, Sungrow Power Supply and Technocrafts Switchgears (ABB System House).

    Ms. Shetty holds an MBA in Marketing and Operations from Narsee Monjee Institute of Management Studies (NMIMS), Mumbai.

    Hiren Pravin Shah, Managing Director & CEO, Replus Engitech Private Limited, said, “We are delighted to welcome Nishmitha to Replus. Commercial and industrial energy storage is an important growth vertical for us, as businesses across India look for reliable power and greater control over their energy costs. Nishmitha brings deep commercial experience across solar and energy storage, along with strong relationships across the developer and EPC ecosystem. Her leadership will be valuable as we scale our C&I offering across the country.”

    Nishmitha Shetty, Vertical Head – C&I (ESS), Replus Engitech Private Limited, said, “Energy storage is becoming central to how Indian businesses manage their power needs, and the C&I segment offers a significant opportunity. Replus brings together manufacturing, engineering and execution capabilities under one roof, backed by the strength of HEG Advanced Materials. I look forward to working with the team to build a strong C&I business and deliver dependable storage solutions to our customers.”

  • Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Limited has received in-principle approval from the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE.

    The company had earlier received in-principle approval from BSE Limited on September 9, 2026, for the migration of its equity shares from the BSE SME Platform to the BSE Main Board. The latest approval, conveyed through a letter dated October 14, 2026, marks a significant milestone in the company’s journey towards establishing its presence on the Main Boards of both stock exchanges.

    With in-principle approvals from BSE and NSE now in place, Bondada Engineering has taken an important step towards expanding its presence in the capital markets. The development is expected to enhance the company’s visibility and market presence while supporting its long-term growth objectives and value creation for stakeholders.

    The company will undertake the necessary subsequent formalities in accordance with applicable regulatory and stock exchange requirements to complete the migration process.

    Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman and Managing Director, Bondada Engineering Limited, said: “Receiving in-principle approval from NSE for migration to the Main Board is an important milestone in Bondada Engineering’s growth journey. Following the earlier approval from BSE, this marks a significant step towards establishing our presence on the Main Boards of both exchanges. We believe this development will enhance our visibility in the capital markets and strengthen our engagement with stakeholders as we continue to expand our capabilities across renewable energy, battery energy storage systems (BESS) and other critical infrastructure segments. We remain committed to sustainable growth, operational excellence and creating long-term value for our stakeholders.”

    The latest development reflects Bondada Engineering’s continued progress in strengthening its capital market presence as it pursues growth opportunities across renewable energy, telecommunications infrastructure, railways, battery energy storage systems (BESS) and other emerging infrastructure segments.

  • Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Limited has received in-principle approval from the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE.

    The company had earlier received in-principle approval from BSE Limited on September 9, 2026, for the migration of its equity shares from the BSE SME Platform to the BSE Main Board. The latest approval, conveyed through a letter dated October 14, 2026, marks a significant milestone in the company’s journey towards establishing its presence on the Main Boards of both stock exchanges.

    With in-principle approvals from BSE and NSE now in place, Bondada Engineering has taken an important step towards expanding its presence in the capital markets. The development is expected to enhance the company’s visibility and market presence while supporting its long-term growth objectives and value creation for stakeholders.

    The company will undertake the necessary subsequent formalities in accordance with applicable regulatory and stock exchange requirements to complete the migration process.

    Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman and Managing Director, Bondada Engineering Limited, said: “Receiving in-principle approval from NSE for migration to the Main Board is an important milestone in Bondada Engineering’s growth journey. Following the earlier approval from BSE, this marks a significant step towards establishing our presence on the Main Boards of both exchanges. We believe this development will enhance our visibility in the capital markets and strengthen our engagement with stakeholders as we continue to expand our capabilities across renewable energy, battery energy storage systems (BESS) and other critical infrastructure segments. We remain committed to sustainable growth, operational excellence and creating long-term value for our stakeholders.”

    The latest development reflects Bondada Engineering’s continued progress in strengthening its capital market presence as it pursues growth opportunities across renewable energy, telecommunications infrastructure, railways, battery energy storage systems (BESS) and other emerging infrastructure segments.

  • Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Limited has received in-principle approval from the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE.

    The company had earlier received in-principle approval from BSE Limited on September 9, 2026, for the migration of its equity shares from the BSE SME Platform to the BSE Main Board. The latest approval, conveyed through a letter dated October 14, 2026, marks a significant milestone in the company’s journey towards establishing its presence on the Main Boards of both stock exchanges.

    With in-principle approvals from BSE and NSE now in place, Bondada Engineering has taken an important step towards expanding its presence in the capital markets. The development is expected to enhance the company’s visibility and market presence while supporting its long-term growth objectives and value creation for stakeholders.

    The company will undertake the necessary subsequent formalities in accordance with applicable regulatory and stock exchange requirements to complete the migration process.

    Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman and Managing Director, Bondada Engineering Limited, said: “Receiving in-principle approval from NSE for migration to the Main Board is an important milestone in Bondada Engineering’s growth journey. Following the earlier approval from BSE, this marks a significant step towards establishing our presence on the Main Boards of both exchanges. We believe this development will enhance our visibility in the capital markets and strengthen our engagement with stakeholders as we continue to expand our capabilities across renewable energy, battery energy storage systems (BESS) and other critical infrastructure segments. We remain committed to sustainable growth, operational excellence and creating long-term value for our stakeholders.”

    The latest development reflects Bondada Engineering’s continued progress in strengthening its capital market presence as it pursues growth opportunities across renewable energy, telecommunications infrastructure, railways, battery energy storage systems (BESS) and other emerging infrastructure segments.

  • Bondada Engineering Receives In-Principle Approval from NSE for Main Board Migration

    Bondada Engineering Limited has received in-principle approval from the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the SME Platform of BSE Limited to the Capital Market Segment (Main Board) of NSE.

    The company had earlier received in-principle approval from BSE Limited on September 9, 2026, for the migration of its equity shares from the BSE SME Platform to the BSE Main Board. The latest approval, conveyed through a letter dated October 14, 2026, marks a significant milestone in the company’s journey towards establishing its presence on the Main Boards of both stock exchanges.

    With in-principle approvals from BSE and NSE now in place, Bondada Engineering has taken an important step towards expanding its presence in the capital markets. The development is expected to enhance the company’s visibility and market presence while supporting its long-term growth objectives and value creation for stakeholders.

    The company will undertake the necessary subsequent formalities in accordance with applicable regulatory and stock exchange requirements to complete the migration process.

    Commenting on the development, Dr. Bondada Raghavendra Rao, Chairman and Managing Director, Bondada Engineering Limited, said: “Receiving in-principle approval from NSE for migration to the Main Board is an important milestone in Bondada Engineering’s growth journey. Following the earlier approval from BSE, this marks a significant step towards establishing our presence on the Main Boards of both exchanges. We believe this development will enhance our visibility in the capital markets and strengthen our engagement with stakeholders as we continue to expand our capabilities across renewable energy, battery energy storage systems (BESS) and other critical infrastructure segments. We remain committed to sustainable growth, operational excellence and creating long-term value for our stakeholders.”

    The latest development reflects Bondada Engineering’s continued progress in strengthening its capital market presence as it pursues growth opportunities across renewable energy, telecommunications infrastructure, railways, battery energy storage systems (BESS) and other emerging infrastructure segments.

  • Bharat Small Reactors Take Centre Stage at the 20th ICC India Energy Summit

    Bharat Small Reactors Take Centre Stage at the 20th ICC India Energy Summit

    Nuclear power moved to the centre of discussions on the second day of the 20th Indian Chamber of Commerce (ICC) India Energy Summit, themed “The Energy Business: The Present, Diversification and the Future,” in New Delhi. A focused panel discussion on nuclear power and Bharat Small Reactors (BSRs) examined the opportunities and challenges associated with scaling up nuclear energy in India.

    India is looking to expand nuclear capacity from about 8.8 GW towards 100 GW, and the discussion stressed turning this vision into a practical framework covering land acquisition, community engagement, water management, component manufacturing and skilled manpower.

    A central theme was the BSR programme, which builds on India’s established 220 MW pressurised heavy water reactor technology to meet industry’s captive power needs, offering energy-intensive sectors round-the-clock, low-carbon electricity, subject to the applicable regulatory framework.

    Highlighting the evolution of India’s nuclear reactor programme, Kishor U Agarwal, Director (Nuclear Strategy & Advisor), Vedanta Power, emphasised that the country’s experience with 220 MW reactors provides a strong engineering foundation for the BSR initiative.

    Agarwal, who spent 36 years at the Nuclear Power Corporation of India Limited (NPCIL) before moving to Vedanta Power, explained that the Government sought a way to bring private industry into nuclear power for its captive needs, which he put at about 65 to 70 gigawatts. The answer was NPCIL’s proven 220 MW reactor, which private partners can build jointly with NPCIL while NPCIL operates the plant.

    “The 220 MW reactor is a proven technology, with the last unit built by NPCIL commencing commercial operations in 2012. Since then, these reactors have demonstrated reliable performance, with all units continuing to operate and deliver power. The Bharat Small Reactor programme therefore builds on decades of operating experience, while standardisation has helped resolve several engineering challenges. The priority now is to strengthen the domestic supply chain and equip Indian industry to support wider deployment,” he said.

    He noted that one Kaiga reactor has operated for over 1,000 days and that a single truckload of fuel can sustain a reactor for about a year. On standardisation, he said, “The engineering has been done so well that anybody who comes can go straight to ordering equipment. Whether it is a nuclear system or a secondary system, it is now standardised.” Only two niche components, currently imported, are not yet made in India, and we expects Indian suppliers to start making them within a year or two. NPCIL is also setting up an engineering division for private industry within months.”

    Prasenjit Pal, Senior Advisor – Nuclear at Bajaj Energy and former Executive Director (Nuclear) at NTPC Parmanu Urja Nigam Ltd. drew on his experience at the Mahi Banswara project in Rajasthan. “Siting a nuclear power project is totally a different cup of tea,” he said. A site must be geotechnically sound, have a major water source, and sit away from seismic faults and military or industrial establishments, which sharply narrows the options. A twin 700 MW project, he noted, needs about 15 lakh cubic metres of concrete and 80 million cubic metres of water a year.

    On regulation, “In nuclear, the regulator is involved right from the siting stage. At every stage the regulator is involved,” he said, listing the Atomic Energy Regulatory Board’s site acceptance, siting, excavation and first pour of concrete clearances.

    Pal said community trust matters as much as engineering. At Mahi Banswara, where investment of about ₹48,000 crore is planned, new schools, roads and solar streetlights gave villages visible proof of the project’s benefits. “The local population has to be with you to enable you to establish a project,” he said. Excavation is about 50 days ahead of schedule, clearance for the first pour of concrete is expected around the middle of next year, and the first unit is targeted for criticality in 2032. “It is a long haul, but we seem to have made a good start.”

    On equipment, Pal noted that “Once the steam is outside the reactor, it is just like any other steam-based power plant,” urging that existing thermal power vendors participate in the non-nuclear island, and called for more agencies able to turn special alloys into reactor components guaranteed for the plant’s lifetime.

    The SHANTI Act, assented to on 20 December 2025, now allows private participation in plant operations, power generation and equipment manufacturing. Challenges remain, including high capital costs, long build times, scarce sites, imported alloys and clarity on tariffs and fuel supply. Over the next five years, the focus shifts from policy to projects: reactors under construction are due by 2031-32, and the government aims for at least five indigenous small modular reactors by 2033, towards 100 GW by 2047.

    The day concluded with the ICC Awards, including the Best State Power Utility Awards and the 14th Innovation with Impact Awards for Discoms 2026, recognising consistently performing public- and private-sector power distribution companies from across India. The awardees included Maharashtra State Electricity Distribution Company Limited, Kerala State Electricity Board, BSES Yamuna Power Limited, Northern Power Distribution Company of Telangana Limited, Tata Steel Utilities and Infrastructure Services Limited. The West Bengal State Electricity Distribution Company Limited received a Special Jury Award for Quality and Distribution of Power Supply During Criticalities.

    The summit was organised by the Indian Chamber of Commerce, with Deloitte serving as Knowledge Partner and Award Evaluator.

  • Bharat Small Reactors Take Centre Stage at the 20th ICC India Energy Summit

    Bharat Small Reactors Take Centre Stage at the 20th ICC India Energy Summit

    Nuclear power moved to the centre of discussions on the second day of the 20th Indian Chamber of Commerce (ICC) India Energy Summit, themed “The Energy Business: The Present, Diversification and the Future,” in New Delhi. A focused panel discussion on nuclear power and Bharat Small Reactors (BSRs) examined the opportunities and challenges associated with scaling up nuclear energy in India.

    India is looking to expand nuclear capacity from about 8.8 GW towards 100 GW, and the discussion stressed turning this vision into a practical framework covering land acquisition, community engagement, water management, component manufacturing and skilled manpower.

    A central theme was the BSR programme, which builds on India’s established 220 MW pressurised heavy water reactor technology to meet industry’s captive power needs, offering energy-intensive sectors round-the-clock, low-carbon electricity, subject to the applicable regulatory framework.

    Highlighting the evolution of India’s nuclear reactor programme, Kishor U Agarwal, Director (Nuclear Strategy & Advisor), Vedanta Power, emphasised that the country’s experience with 220 MW reactors provides a strong engineering foundation for the BSR initiative.

    Agarwal, who spent 36 years at the Nuclear Power Corporation of India Limited (NPCIL) before moving to Vedanta Power, explained that the Government sought a way to bring private industry into nuclear power for its captive needs, which he put at about 65 to 70 gigawatts. The answer was NPCIL’s proven 220 MW reactor, which private partners can build jointly with NPCIL while NPCIL operates the plant.

    “The 220 MW reactor is a proven technology, with the last unit built by NPCIL commencing commercial operations in 2012. Since then, these reactors have demonstrated reliable performance, with all units continuing to operate and deliver power. The Bharat Small Reactor programme therefore builds on decades of operating experience, while standardisation has helped resolve several engineering challenges. The priority now is to strengthen the domestic supply chain and equip Indian industry to support wider deployment,” he said.

    He noted that one Kaiga reactor has operated for over 1,000 days and that a single truckload of fuel can sustain a reactor for about a year. On standardisation, he said, “The engineering has been done so well that anybody who comes can go straight to ordering equipment. Whether it is a nuclear system or a secondary system, it is now standardised.” Only two niche components, currently imported, are not yet made in India, and we expects Indian suppliers to start making them within a year or two. NPCIL is also setting up an engineering division for private industry within months.”

    Prasenjit Pal, Senior Advisor – Nuclear at Bajaj Energy and former Executive Director (Nuclear) at NTPC Parmanu Urja Nigam Ltd. drew on his experience at the Mahi Banswara project in Rajasthan. “Siting a nuclear power project is totally a different cup of tea,” he said. A site must be geotechnically sound, have a major water source, and sit away from seismic faults and military or industrial establishments, which sharply narrows the options. A twin 700 MW project, he noted, needs about 15 lakh cubic metres of concrete and 80 million cubic metres of water a year.

    On regulation, “In nuclear, the regulator is involved right from the siting stage. At every stage the regulator is involved,” he said, listing the Atomic Energy Regulatory Board’s site acceptance, siting, excavation and first pour of concrete clearances.

    Pal said community trust matters as much as engineering. At Mahi Banswara, where investment of about ₹48,000 crore is planned, new schools, roads and solar streetlights gave villages visible proof of the project’s benefits. “The local population has to be with you to enable you to establish a project,” he said. Excavation is about 50 days ahead of schedule, clearance for the first pour of concrete is expected around the middle of next year, and the first unit is targeted for criticality in 2032. “It is a long haul, but we seem to have made a good start.”

    On equipment, Pal noted that “Once the steam is outside the reactor, it is just like any other steam-based power plant,” urging that existing thermal power vendors participate in the non-nuclear island, and called for more agencies able to turn special alloys into reactor components guaranteed for the plant’s lifetime.

    The SHANTI Act, assented to on 20 December 2025, now allows private participation in plant operations, power generation and equipment manufacturing. Challenges remain, including high capital costs, long build times, scarce sites, imported alloys and clarity on tariffs and fuel supply. Over the next five years, the focus shifts from policy to projects: reactors under construction are due by 2031-32, and the government aims for at least five indigenous small modular reactors by 2033, towards 100 GW by 2047.

    The day concluded with the ICC Awards, including the Best State Power Utility Awards and the 14th Innovation with Impact Awards for Discoms 2026, recognising consistently performing public- and private-sector power distribution companies from across India. The awardees included Maharashtra State Electricity Distribution Company Limited, Kerala State Electricity Board, BSES Yamuna Power Limited, Northern Power Distribution Company of Telangana Limited, Tata Steel Utilities and Infrastructure Services Limited. The West Bengal State Electricity Distribution Company Limited received a Special Jury Award for Quality and Distribution of Power Supply During Criticalities.

    The summit was organised by the Indian Chamber of Commerce, with Deloitte serving as Knowledge Partner and Award Evaluator.