Order & deals

Mumbai, February 3, 2026: KEC International Limited (NSE: KEC, BSE: 532714), a global infrastructure engineering, procurement and construction major, has secured fresh orders worth ₹1,020 crore, strengthening its order book across multiple business verticals.The newly announced contracts span civil construction, transportation infrastructure, power transmission and distribution, and cables and conductors, reflecting diversified demand across domestic and international markets.Order-Wise Business Breakdown Civil Infrastructure The civil business has won a significant contract for the construction of a multispeciality hospital from a leading healthcare player in Central India. The order reinforces the company’s growing footprint in...

Early Recovery Supported by Lower Crude Prices The Indian rupee staged a modest recovery from its lowest levels, gaining 9 paise to trade at 91.90 against the US dollar in early deals on Friday. The rebound was supported by a decline in global crude oil prices, which provided some relief to the domestic currency.At the interbank foreign exchange market, the rupee opened at 91.89 and strengthened to an early high of 91.87 before settling at 91.90 in initial trade. This marked an improvement from its previous close of 91.99.Gains Limited by Strong Dollar and FII Outflows Market participants said the recovery in the rupee was capped by continued strength in the US dollar and sustained withdrawal of foreign funds from Indian equities...

Gurugram, January 30, 2026: ACME Solar Holdings Limited (BSE: 544283 | NSE: ACMESOLAR) has strengthened its long-term renewable energy portfolio after signing a 25-year Power Purchase Agreement for a 250 MW Firm and Dispatchable Renewable Energy Tranche-VI project with NHPC Limited.The agreement has been executed through ACME Solar’s subsidiary, ACME Urja One Private Limited, with the project scheduled to be connected to the Inter-State Transmission System. Connectivity approvals for the ISTS substations are already in place, enabling the company to move swiftly into the execution phase.Project Structure and Supply Commitments Under the PPA, the project carries a minimum annual Capacity Utilisation Factor of 40 percent and includes...

Chennai, January 29, 2026: Orient Green Power Company Limited (NSE: GREENPOWER | BSE: 533263) on Thursday said its material step-down subsidiary, Clarion Wind Farm Private Limited, has executed a contract with Suzlon Energy Limited for the supply of 6.3 MW of wind energy generators as part of a re-powering initiative in Tamil Nadu. The contract involves the supply of three wind energy generators of 2.1 MW capacity each, aimed at upgrading an existing wind farm at the Devarkulam site. The agreement was approved by Clarion’s Investment and Borrowing Committee and has been signed and executed on January 28, 2026. Contract OverviewParticularsDetailsSupplierSuzlon Energy LimitedScope of workSupply of wind energy generators...

Kolkata, January 29, 2026: GPT Infraprojects Limited (BSE: 533761, NSE: GPTINFRA) has been declared the lowest bidder (L1) for a large-scale infrastructure project valued at ₹1,201.4 crore, strengthening its order book in the transportation infrastructure segment. The project has been awarded to a joint venture between GPT Infraprojects and Rail Vikas Nigam Limited (RVNL), with GPT holding a 40 percent stake. This translates into an order value of approximately ₹480.6 crore attributable to GPT Infraprojects. Project Scope and Execution Details The contract involves the design and construction of a new rail-cum-road bridge across the River Ganga near Kashi Railway Station in Varanasi, Uttar Pradesh. The bridge will be constructed around...

Hyderabad, January 28, 2026 – MIC Electronics Limited (NSE: MICEL | BSE: 532850) has received a Letter of Acceptance for a large-scale infrastructure project in Chhattisgarh, strengthening its order book and presence in government-led urban development initiatives. Order Details and Scope The company has been selected to execute infrastructure works at the Common Facility Centre in Sector 22 of Nava Raipur Atal Nagar, Raipur. The total contract value stands at ₹114.10 crore, marking a significant win for the Hyderabad-based electronics and infrastructure solutions provider. The project scope includes designing, engineering, supply, construction, testing, commissioning, annual maintenance, and operation and maintenance of the...

Pune, January 28, 2026: Suzlon Energy Limited (NSE: SUZLON, BSE: 532667) has secured its first-ever 248.5 MW wind energy order from the ArcelorMittal Group, marking a significant milestone in its growing association with India’s green steel transition. Deal Snapshot and Project Details The latest order involves the supply and execution of 79 S144 wind turbine generators, each with a rated capacity of 3.15 MW, aggregating to 248.5 MW. The project will be executed in Bachau, Gujarat, and forms part of a larger 550 MW hybrid renewable energy project aimed at captive consumption for ArcelorMittal Nippon Steel’s facilities in India. This order is Suzlon’s fourth major wind project linked to steel sector decarbonisation within a single year...

Bengaluru, January 23, 2026: AXISCADES Technologies Limited (BSE: 532395 | NSE: AXISCADES) on Friday announced a strategic hyperscaler contract secured through its subsidiary, Mistral Solutions, strengthening its footprint in advanced electronics, semiconductor and artificial intelligence-led product engineering.The company said Mistral Solutions has received a multi-year development contract from an international hyperscaler customer for testing audio products at its newly established Acoustic Lab located at the Aeroland facility in Bengaluru. The contract value is estimated at around USD 1 million.Contract Details and Scope Under the agreement, Mistral Solutions will undertake testing of next-generation audio products, leveraging...

Mumbai, January 23, 2026: Zaggle Prepaid Ocean Services Limited has entered into a long-term agreement with IRM Energy Limited to provide its Zaggle Fleet Program, marking a strategic expansion of its enterprise solutions portfolio. Under the agreement, Zaggle will deploy its fleet management offering to IRM Energy for a period of five years. The arrangement is domestic in nature and focuses on streamlining fleet-related expenses and operational efficiencies through Zaggle’s digital payment and management platform. Agreement DetailsParticularsDescriptionClientIRM Energy LimitedNature of arrangementAgreementOfferingZaggle Fleet ProgramDuration5 yearsGeographyIndiaThe engagement does not involve any promoter or...

Mumbai, January 23, 2026: Swan Defence and Heavy Industries Limited (BSE: 533107 | NSE: SWANDEF) on Friday announced a landmark commercial shipbuilding contract valued at USD 227 million for the construction of six IMO Type II chemical tankers, positioning the company at the centre of India’s renewed push in high-value global shipbuilding.The order, awarded by European shipowner Rederiet Stenersen AS, is one of the largest single commercial shipbuilding contracts executed in the country and represents the first chemical tanker newbuild order placed with an Indian shipyard. The vessels will be built at SDHI’s revitalised Pipavav shipyard in Gujarat, marking the first newbuild contract at the facility following its revival under new...

Mumbai, January 23, 2026: Zaggle Prepaid Ocean Services Limited (NSE: ZAGGLE | BSE: 543985) on Thursday announced the execution of a service agreement with HDFC ERGO General Insurance Company Limited, marking a strategic expansion of its enterprise rewards and engagement business. Under the agreement, Zaggle will provide its Propel rewards platform to HDFC ERGO, enabling structured reward and incentive solutions for the insurer’s business requirements. The contract has been signed for a period of three years, strengthening Zaggle’s presence in the insurance and financial services ecosystem. Key Details of the AgreementParticularsDetailsPartner CompanyHDFC ERGO General Insurance Company LimitedNature of AgreementService...

Gurugram, January 22, 2026 – Ceigall India Limited (NSE: CEIGALL | BSE: 544223) on Thursday announced that its wholly owned subsidiary, Ceigall Infra Projects Private Limited, has emerged as the lowest bidder in the financial bid for a major national highway project in Bihar, with a bid value of ₹2,160 crore. Project Scope and Execution Details The project involves the construction of a four-lane highway stretch on NH 139W, covering a total length of 78.942 km in Bihar. The work has been structured under the Hybrid Annuity Model and is divided into two sections:SectionStretchLength (km)Section 1Sahebganj to Areraj38.362Section 2Areraj to Bettiah40.580Total 78.942The construction period for the project is set at 730 days...

Mumbai, January 21, 2026: Adani Green Energy Ltd witnessed a notable block deal in early trade on Wednesday, with 10 lakh equity shares transacted at a price of Rs 883.30 per share, translating into a total deal value of Rs 88.33 crore. The transaction was executed during the morning block deal window, with the shares changing hands at a price identical to the previous close, indicating a neutral pricing outcome despite the sizeable volume. Block Deal SnapshotParticularsDetailsSecurityAdani Green Energy LtdScrip Code541450Number of Shares10,00,000Deal Price (Rs)883.30Deal Value (Rs Cr)88.33SessionMorning Block Deal WindowTrading and Price Context The block transaction was carried out at Rs 883.30, matching the...

Bengaluru, January 21, 2026: Centum Electronics Limited (NSE: CENTUM | BSE: 517544) has secured a new defence order worth ₹29.40 crore for the supply of Advanced Naval Navigation Systems, marking a key milestone in the company’s defence electronics portfolio. The order has been awarded by Garden Reach Shipbuilders & Engineers Limited (GRSE) and follows the earlier collaboration between the two entities for the development of advanced navigation solutions tailored for frontline naval warships. With this order now in hand, Centum adds a completely new, mission-critical system to its offerings, strengthening its positioning in the defence maritime segment. The project involves the supply of advanced navigation systems designed specifically...

Mumbai, January 20, 2026: Lodha Developers Limited (LODHA) has signed a memorandum of understanding for an additional ₹1 lakh crore investment to expand its data centre footprint in Maharashtra, taking the group’s total committed investment in the segment to ₹1.3 lakh crore.The latest commitment follows an earlier ₹30,000 crore investment announced in September last year for developing a large-scale data centre park in the state. With the incremental investment, the proposed data centre park is expected to span around 2.5 gigawatts of capacity, positioning it among the largest digital infrastructure developments in the country.Investment Scale and Project Scope The cumulative ₹1.3 lakh crore investment is aimed at building a...

Mumbai, January 20, 2026: Atishay Limited (BSE: 538713) has received a work order valued at ₹3.77 crore for large-scale digitisation of registration records in the state of Bihar, strengthening its government digitisation portfolio and near-term revenue visibility. Order Details and Scope The work order involves digitisation of registration records preserved in record rooms of registration offices in Bihar. The project covers two key locations:Purniya: Registration records from 1959 to 1908 Madhubani: Registration records from 1984 to 1908The total volume under the assignment is estimated at approximately 29 lakh documents, highlighting the scale and execution intensity of the project. Contract Value and Timeline...

Noida, January 20, 2026 (Tuesday) – LG Electronics India Limited (NSE: LGEINDIA) on Tuesday issued a detailed clarification stating that no demand of differential customs duty amounting to ₹11.91 crore has been raised or confirmed against the company, addressing recent market speculation.The company said that after a detailed examination and interpretation of a previously received Order-in-Original related to a customs matter at the Nhava Sheva port, it has become clear that the said order does not impose any financial liability on LG Electronics India.According to the clarification, the amount of ₹11,91,51,910 mentioned in the order does not translate into a confirmed or payable demand on the company. The management emphasised that...

Noida, January 20, 2026: Inox Green Energy Services Limited announced that it has entered into an agreement with KEC International to provide operations and maintenance services for a 625 MWp solar power project located at Bhadla in Rajasthan.With the addition of this large-scale solar asset, Inox Green’s solar O&M portfolio has crossed the 3 GW mark. The company’s overall renewable energy operations and maintenance portfolio has now expanded to over 13 GW, reflecting its continued scale-up across both solar and wind segments.The 625 MWp project is among the larger solar installations in the Bhadla region, a key renewable energy hub in India. The contract further strengthens Inox Green’s presence in utility-scale solar O&M and...

Mumbai, January 19, 2026: Vedanta Limited on Monday informed that its subsidiary ESL Steel Limited has received demand notices amounting to ₹1,255.38 crore related to two iron ore mining leases in Odisha.The demand pertains to the BICO and Feegrade iron ore mines and is linked to an alleged shortfall in meeting minimum production and dispatch targets during the fourth year of operations under the mine development and production agreement executed in November 2021. The notices were issued on January 16 and received by the subsidiary on January 17, 2026.Company Response ESL Steel stated that it is currently examining the demand notices along with the related calculations and believes that the claims are not sustainable on merits. The...

Bengaluru, January 19, 2026: AXISCADES Technologies Limited (NSE: AXISCADES | BSE: 532395) on Monday announced the receipt of a defence contract valued at around ₹100 crore, marking a significant win for its embedded systems and defence electronics portfolio.The order has been secured by its subsidiary, Mistral Solutions, and relates to the supply of advanced signal and data processing units for India’s indigenous low-level transportable radar programme. The contract execution is spread over a two-year period, providing clear medium-term revenue visibility.Contract Details and Strategic Relevance The scope of the order includes the delivery of state-of-the-art signal and data processing units, along with associated spares. These...