Why these 4 energy stocks will be in focus on Wednesday?
Mahanagar Gas has successfully restored the damaged gas pipeline at the RCF Trombay facility. In a recent social media post, the company said its CNG supply to MGL’s City Gate Station (CGS) has been restored. The disruption had affected areas like Mumbai, Thane, and Navi Mumbai.
Adani Energy Solutions Ltd has received a Letter of Intent (LOI) from PFC Consulting Limited for the establishment of “Transmission System for Evacuation of Power from potential renewable energy zone in Khavda area of Gujarat under Phase-V (8GW): Part C” through the Tariff Based Competitive Bidding Process (TBCB). The LOI is subject to customary conditions and execution of binding agreements between the parties.
Zodiac Energy Ltd has successfully commissioned three Solar Power Plant with capacity of 3.51 MWp, 2.28 MWp and 5.38 MWp, at Sudasana village in Satlasna taluk, Mehasana district, Gujarat.
Manali Petrochemicals Ltd has completed the sale of its step-down subsidiary Notedome Ltd to C.O.I.M. S.p.A Chimica Organica Industriale Milanese for a total consideration of £21.17 million, approximately ₹247 crore, the company said on Tuesday. The divestment is part of the company’s strategic portfolio restructuring aimed at enhance focus on its core business related to polyols and derivatives in the domestic market.
Published on November 19, 2025