On March 24, 2025, power and energy sector stocks are in the spotlight with multiple updates.
Power Mech secured a significant order worth ₹579 crore (excluding GST) from Bharat Heavy Electricals Limited, strengthening its project pipeline. Adani Green Energy commissioned a 250 MW solar project in Rajasthan through a subsidiary, further expanding its renewable energy portfolio. Power Grid Corporation announced the acquisition of Fatehgarh II and Barmer I PS Transmission Limited, a strategic but neutral network expansion. Torrent Power transferred equity shares of 20 subsidiaries to its wholly owned unit, Torrent Green Energy, in a neutral internal restructuring valued at ₹424.26 crore. JSW Energy reported a leadership transition, with the resignation of Director Ashok Ramachandran effective April 8, 2025.
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