KPI Green Energy Ltd announced a ₹2,025 crore work order from NACOF Oorja Pvt. Ltd., a Transcon Group vehicle, to build a 500 MW/550 MWp solar photovoltaic project in Rajasthan—its largest contract of the year.
Tata Steel Ltd disclosed that the Income Tax Appellate Tribunal has approved a tax deduction that could reduce its interest expense by ₹427 crore to ₹1,259 crore for FY2009, offering a significant tax shield.
Gurugram‑based STL Networks emerged as the lowest bidder for a ₹249.8 crore contract to deploy cloud infrastructure at RailTel Corporation’s data centre and disaster‑recovery site.
Arisinfra Solutions Ltd secured a service order from Transcon Bellaviu Pvt. Ltd., a Transcon Group SPV, to provide Design‑as‑a‑Service for the Transcon UNO residential project in Kalina, Mumbai.
NLC India’s board has approved a 50:50 joint venture with National Aluminium Company to develop a 1,080 MW thermal captive power plant, marking a new capacity addition for the sector.