HCL Tech, NLC India, Power Mech and others in focus on September 29

HCL Technologies is in focus after its software division, HCLSoftware, announced plans to acquire Croatia-based Robotiq.ai for €9 million to strengthen robotic process automation and AI orchestration capabilities.

NLC India said it issued and allotted 4,000 commercial papers of ₹5 lakh each on September 28, 2026, raising ₹200 crore.

Power Mech Projects secured a ₹279.20 crore operation and maintenance contract from Telangana Power Generation Corporation for ash and coal handling plants at YTPS, covering five 800 MW units.

Artefact Projects won its first railway consultancy contract worth ₹21.13 crore from South Central Railway.

Piramal Finance approved the issuance of secured, rated, listed and redeemable non-convertible debentures worth up to ₹2,000 crore through private placement.

Ellenbarrie Industrial Gases bagged a ₹480.73 crore turnkey contract from BHEL for a 1,200 TPD cryogenic air separation unit in Odisha, to be commissioned in FY29 over eight quarters.

Power Finance Corporation sold two subsidiaries for a combined ₹11.13 crore — ₹3.72 crore to Montecarlo Energy and ₹7.41 crore to Apraava Energy.

Indian Railway Finance Corporation signed a ₹4,200 crore term loan with Damodar Valley Corporation to finance renewable energy projects in Jharkhand and West Bengal.

HEC Infra Projects received a ₹19.5 crore work order from Stellar Manufacturers for a 66 KV GETCO bay extension and underground transmission line.

Vikram Solar secured a 400 MW module supply order from a major EPC player for decentralised solar projects in Maharashtra, with deliveries of N-type TOPCon G12R modules set to begin in October 2026.

NCC announced a ₹1,076.71 crore water supply contract from the Andhra Pradesh government under the Multi Village Scheme on the Yeleru Reservoir for the Anakapalli segment.

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