BusinessNews

BHEL Secures ₹11,000 Crore Contract from Adani Power for Major Thermal Power Projects

Bharat Heavy Electricals Ltd (BHEL) has announced that it has been awarded a ₹11,000 crore contract from Adani Power and its subsidiary, Mahan Energen Ltd (MEL). The contract involves setting up three supercritical thermal power projects, each with a capacity of 2×800 MW. The projects will be located in Kawai, Rajasthan, and Mahan, Madhya Pradesh. BHEL’s role includes supplying equipment and…
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Business

Adani Energy Shares Surge 18% to Reach 52-Week High Amid Successful QIP Fundraising

Shares of Adani Energy Solutions Ltd, formerly known as Adani Transmission Ltd, soared by 18.49% on Thursday, reaching a one-year high of Rs 1,347.90 during intraday trading. The stock closed 12.04% higher at Rs 1,274.55 on the Bombay Stock Exchange (BSE), marking a significant milestone for the company. This impressive surge in share price follows Adani Energy Solutions’ recent fundraising…
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