Hitachi Energy and BHEL sign novation agreement with Adani Group
pre-market1 source ↓written by the desknot a recommendation
- finalized
- 14 Nov 2025
Hitachi Energy India Ltd and Bharat Heavy Electricals Ltd (BHEL) have executed a novation agreement with Rajasthan Part I Power Transmission Ltd (RPPTL) regarding the Rajasthan HVDC contract. The agreement, finalized on 14 Nov 2025, transfers RPPTL's rights to AESL Projects Ltd, a subsidiary of Adani Energy Solutions Ltd. This move may enhance operational efficiency in the energy sector. ⚡
Not investment advice. For informational purposes only.