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REC, a Maharatna CPSE under the Ministry of Power, has signed a Memorandum of Agreement (MoA) with the District Health Society (DHS) Raipur under its CSR initiative. REC will provide financial assistance of Rs 20.09 million for the procurement of health equipment for three Community Health C...

REC, a Maharatna CPSE under the Ministry of Power, has signed a Memorandum of Agreement (MoA) with the District Health Society (DHS) Raipur under its CSR initiative. REC will provide financial assistance of Rs 20.09 million for the procurement of health equipment for three Community Health Centres (CHC) and the District Hospital in Raipur, Chhattisgarh. The project, aimed at enhancing healthcare quality and accessibility, will be implemented by DHS Raipur. The agreement was signed by Dr Mithilesh Choudhary, Chief Medical & Health Officer, Raipur, and Shri Pradeep Fellows, Executive Director CSR, REC.Eicher Trucks and Buses introduced its electric-first Eicher Pro X Range at the Bharat Mobility Global Expo 2025, marking its debut in the 2-3.5T SCV segment. Designed in collaboration with logistics leaders, the Pro X Range offers the largest cargo space, best-in-class energy efficiency, and advanced driver-centric features like air-conditioned cabins and lie-flat seats. Manufactured at Eicher鈥檚 Industry 4.0 Bhopal plant with an all-women assembly line, it reflects the 鈥楳ake in India鈥� ethos. Supported by a digital dealership network and strategic charging partnerships, the Pro X Range aims to transform last-mile logistics with sustainable, innovative, and customer-focused solutions.Jindal Steel & Power (JSPL) has partnered with Interarch Building Products to promote steel as the preferred material for urban infrastructure, including multi-story buildings and data centres. This collaboration combines Interarch鈥檚 design and project management expertise with JSPL鈥檚 advanced steel manufacturing capabilities. They plan to conduct seminars, workshops, and technical training programs to promote steel construction. Additionally, both companies will advocate for policies that support steel-based building practices, contributing to India鈥檚 urban development goals.

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Infrastructure Energy

TPG, Mavco to Acquire Siemens Gamesa鈥檚 India Wind Business

A consortium led by American private equity firm TPG, Mavco Investments, and former JSW Energy CEO Prashant Jain has approached the Competition Commission of India (CCI) to acquire Siemens Gamesa鈥檚 onshore wind business in India and Sri Lanka.The proposed acquisition involves TPG鈥檚 affiliates鈥擯eony Properties Pvt Ltd and TPG REGen SG Pte鈥攁nd Mavco Investments, a Murugappa family-owned company. According to a notice filed with the CCI on 15 May, the acquisition covers Siemens Gamesa Renewable Power鈥檚 manufacturing and assembly of onshore wind turbine generators, along with their opera..

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Infrastructure Energy

Waaree to Acquire Kamath Transformers for Rs 2.93 Bn

Waaree Energies announced on Monday that its board has approved the acquisition of Kamath Transformers Pvt Ltd for approximately Rs 2.93 billion as part of its business expansion strategy. Kamath Transformers is engaged in the manufacturing of transformers.In a regulatory filing, Waaree Energies stated that the acquisition would support the company鈥檚 growth plans and strengthen its position in the energy infrastructure segment.The board also approved the acquisition of Green New Delhi Forever Energy Pvt Ltd by Waaree Forever Energies Pvt Ltd, a wholly owned subsidiary. The shares will be acq..

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Infrastructure Energy

Everest To Source 5.5 MWp Solar Power from Gentari

Everest Industries has announced its plan to procure 5.5 megawatt-peak (MWp) of solar power from Gentari (Amplus Solar) under a group captive model, strengthening its renewable energy commitment in Maharashtra.As part of this initiative, the company will invest approximately Rs 17.6 million in Amplus Ampere, a special purpose vehicle (SPV) of Amplus Solar, by acquiring 1.76 million equity shares at a face value of Rs 10 each. The move is aimed at enabling captive open access for solar energy usage and enhancing Everest Industries' green energy footprint in the state.In FY 2023鈥�24, the compan..

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