Adani Energy Solutions secured a significant transmission project in Maharashtra. This project will cost approximately Rs 4,700 crore and is for renewable energy evacuation. It will also support pumped storage projects totaling 4,500 MW. The transmission network will expand by 562 circuit kilometers and 9,000 MVA. AESL’s transmission order book now stands at Rs 85,000 crore.
Shifting Gears: PSBs borrow more to cater to credit demand as deposits lag
Public sector banks are borrowing more to fund lending expansion. Deposits are not keeping pace with credit growth for these banks. Private banks show stronger