New Delhi: The shares of KPI Green Engineering, BHEL, Adani Power, IndiGo and RVNL are expected to remain in focus on Thursday.
KPI Green Engineering
KPI Green Engineering has received multiple orders worth Rs 351.35 crore for projects, including building crash barriers for railway track fencing, solar projects, and electricity transmission line towers. It informed the BSE about bagging orders for solar projects worth Rs 212.38 crore, transmission line towers worth Rs 79.51 crore, projects worth Rs 52.54 crore that includes 180 MW pooling substation project, 33 kV line supply.
BHEL
BHEL confirmed sealing a deal worth over Rs 3,500 crore with Adani Power Limited to set up a thermal power project at Raipur in Chhattisgarh.
In an exchange filing, BHEL informed, signing a contract agreement on, “supply of equipment (boiler, turbine, generator) and supervision of erection and commissioning for 2×800 MW power project based on Supercritical Technology”.
Adani Power
Adani Power has confirmed that Mirzapur Thermal Energy UP Pvt Ltd has become its arm following the allotment of 99.8 per cent of its equity to the company.
“Company has been allotted 50,00,000 equity shares of Rs. 10/- each by Mirzapur Thermal Energy U.P. Private Limited (“MTEUPL”) on preferential basis resulting in a 99.8% equity stake in MTEUPL. Consequently, MTEUPL has become a subsidiary of the Company,” a BSE filing said.
RVNL
Rail Vikas Nigam, the Railway PSU, has received multiple orders worth more than Rs 500 crore. The state-owned company received a letter of acceptance from Eastern Railway for the construction of the Sitarampur bypass line under the Asansol Division. It is also set to RVNL bag the project for the implementation of SCADA (supervisory control and data acquisition supervisory control and data acquisition) and DMS/OMS (distribution management system/outage management system) works in Gurugram under the Revamped Distribution Sector Scheme (RDSS) for Dakshin Haryana Bijli Vitran Nigam Ltd (DHBVN) as it has turned out be the lowest bidder.
IndiGo
IndiGo CEO Pieter Elbers said that the airline is looking at financing options for the wide-body planes that are expected to be inducted into the fleet in 2027. IndiGo has placed a firm order for 30 A350-900 aircraft and also the option to buy 70 more such planes.
(Disclaimer: This article is only meant to provide information. News9live.com does not recommend buying or selling shares or subscriptions of any IPO and Mutual Funds.)
Stocks in focus today: The shares of KPI Green Engineering, BHEL, Adani Power, IndiGo and RVNL are expected to remain in focus on Thursday. Markets Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today
