Power & Utilities News

Power & Utilities

HG Infra secures qualified bidder status for Uttar Pradesh power transmission project

HG Infra Engineering has been named a qualified bidder by REC Power Development and Consultancy for a 35-year power transmission project in Uttar Pradesh, valued at an annual transmission tariff of 450.1 million INR.

2 days ago • India

Power & Utilities

KEC International secures INR 13.03 billion in infrastructure orders across global markets

KEC International has secured multiple domestic and international contracts valued at INR 13.03 billion. The newly awarded projects span across its transmission and distribution, civil engineering, renewable energy, and cabling business verticals.

2 days ago • Americas;India

Engineering & EPC

Mitie secures £26 million technical maintenance and energy management contract at AstraZeneca Macclesfield hub

Mitie has secured a £26 million facilities management contract at AstraZeneca’s Macclesfield biopharmaceutical campus. The agreement covers technical maintenance and data-driven energy optimization, supporting complex manufacturing operations while advancing corporate decarbonization and workforce training goals.

2 days ago • United Kingdom

Investments & Funding

Hitachi Energy invests R$50m in Brazil to expand service capacity for grid modernization

Hitachi Energy will invest approximately R$50 million ($11 million USD) to expand service capabilities in Brazil, addressing grid challenges from AI-driven demand, renewable integration, and aging infrastructure, as the country’s 10-year energy plan estimates R$39 billion in transmission asset modernization needs by 2034.

2 days ago • Brazil

Mergers & Acquisitions

NextEra Energy and Dominion Energy announce all-stock merger to form premier North American power utility

NextEra Energy and Dominion Energy have entered into a definitive agreement to merge in an all-stock transaction. The combination will establish the world's largest regulated electric utility, consolidating 110 gigawatts of generation capacity and serving 10 million customer accounts across four high-growth states.

2 days ago • United States

Power & Utilities

Marine Electricals secures ₹2087.2 million in infrastructure and maritime supply contracts

Marine Electricals (India) Limited has secured new domestic contracts valued at ₹2087.2 million from Adani Infra and Udupi Cochin Shipyard. These agreements, spanning power distribution and maritime monitoring solutions, strengthen the company's order book across the domestic infrastructure and shipbuilding sectors over the next two years.

2 days ago • India

Power & Utilities

Skipper secures INR 12,650 million in T&D contracts across India and Latin America

Skipper Ltd has bagged multiple transmission and distribution orders totaling INR 12,650 million. The contracts span high-voltage domestic infrastructure projects and equipment supply for Latin American markets, signaling robust demand for grid modernization and expanded manufacturing throughput for the Indian engineering firm.

2 days ago • Latin America;India

Power & Utilities

JSL and Hayleys Fentons finalize JV for Sri Lankan wind energy infrastructure development

A joint venture between Jyoti Structures and Sri Lankan firm Hayleys Fentons has secured a contract to construct a 220kV transmission line for the National Transmission Network Service Provider. The project is designed to evacuate electricity from the Mullikulam Wind Power Projects, supporting Sri Lanka’s renewable energy integration and expanding the international engineering portfolio of JSL.

2 days ago • Sri Lanka

Power & Utilities

L&T secures turnkey substation EPC contracts to bolster Middle East power infrastructure

Larsen & Toubro has been commissioned to construct three high-voltage substations in the Middle East under tight delivery schedules. The turnkey projects, involving 380 kV and 132 kV infrastructure, aim to enhance grid reliability and address rising energy consumption in the region’s major urban and industrial hubs.

2 days ago • Middle East

Power & Utilities

Brazil balancing power contracts signal thermal fleet investment shift toward gas-to-wire in Alagoas

Wärtsilä secured two orders from Origem Energia for 36 balancing engines to equip new Brazilian power plants. The deals follow Origem’s success in the 2026 LRCAP auction and will support grid reliability as renewable generation expands, with operations starting between 2028 and 2029.

2 days ago • Brazil

Mergers & Acquisitions

ABB strengthens powertrain vertical with 80 million EUR acquisition of Specialtrasfo

ABB has agreed to acquire Italian specialized transformer manufacturer Specialtrasfo S.p.A. to vertically integrate its high-power motion portfolio. The deal, expected to close in Q3 2026, secures critical supply chain components for converters and rectifiers amid soaring global demand for industrial electrification and data center infrastructure.

2 days ago • Italy;Switzerland

Investments & Funding

ABB allocates $200 million to expand European power distribution manufacturing for grid modernization

ABB is investing $200 million over three years to enhance its medium-voltage production capacity across Europe. The initiative targets rising electricity demand and infrastructure upgrades in the utility, industrial, and data center sectors by scaling manufacturing of switchgear and grid automation technologies.

2 days ago • Europe

Power & Utilities

Tata Power, Keppel and Tata Realty to deploy 12,100 TR cooling-as-a-service at Chennai Park

Tata Power Trading Company, Keppel Limited, and Tata Realty & Infrastructure will deploy a 12,100 TR cooling-as-a-service solution at Chennai’s Intellion Park, reducing energy consumption by over 20%, with a 15-year contract commencing October 2026.

2 days ago • India

Mergers & Acquisitions

1606 Corp acquires majority stake in Sim Agro to verticalize AI power infrastructure

1606 Corp has entered a definitive agreement to acquire a controlling interest in Sim Agro Inc., a global energy operations firm. The acquisition aims to establish a vertically integrated platform for captive power and data center infrastructure, specifically targeting the high-density compute demands of the artificial intelligence sector.

2 days ago • United States