A huge 600 MW energy storage deal is secured by NLC India Arm
NLC India Renewables Limited (NIRL) has received a Letter of Award (LOA) from SECI for a 600MW coupled with 300 MW / 1800 MWh Energy Storage System (ESS). The contract includes a 25-year Power Purchase Agreement (PPA), which is an added strength to NLC India’s portfolio in the highly important…
GK Energy Increases Retail Solar Initiatives to Boost Cash Flow
GK Energy is making a strategic foray into the Retail Solar Rooftop System (RTS) EPC sector, expanding its offerings from its solar pump segment. The strategy is focused on improving cash flow, working capital efficiency, and having a stable source of recurring revenues, making GK Energy a leader in integrated…
Elana Holdings Excludes Open Offers and Secures 24.68% of Asian Hotels Stake
Elana Holdings Pte. Ltd. acquired a substantial 24.68% stake in Asian Hotels (North) Limited at a consideration of ₹330 per share through a preferential issue. This acquisition, taking place between Jan 28-30, 2026, gives Elana a substantial minority stake in Asian Hotels (North) Limited, most importantly exempting it from a…
Choice Equities starts purchasing Mahindra Lifespace with a target of Rs 500
Choice Institutional Equities has given a strong BUY recommendation to Mahindra Lifespace Developers, with a target price of Rs 500. The brokerage house pointed out that the company has shown strong year-over-year growth in pre-sales, which rose by 71.3%, and average selling prices, which rose by 28.4%. Approvals for new…
