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Sterlite

Sterlite Power wins transmission concession in Brazil

In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the winner for Lot 13.The project will require an investment of $0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. The project involves six substations aggregating 1,544 MVA.

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REC transfers Jawaharpur shell company to PGCIL

KEC, Jawaharpur

The entire shareholding of REC Transmission Projects Co Ltd (a wholly-owned subsidiary of Rural Electrification Corporation) in Jawaharpur Firozabad Transmission Ltd comprising of 50,000 equity shares have been transferred along with all its assets and liabilities on December 21, 2018, to Power Grid Corporation of India Ltd

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Power Cable Alliance officially launched in Mumbai

PCA

The beginning of a new movement for quality infrastructure was recently made with the launch of Power Cable Alliance (PCA).

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GE Grid Solutions completes GIS in record time

GE

GE Power’s Grid Solutions business has announced the completion of a first-of-its-kind 400/200kV gas insulated substation (GIS) at Magam village in the Baramulla block of north Kashmir.

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ICA India, with BIS and ITMA, successfully completes transformer seminar

transformer

With an aim to encourage the power industry to improve reliability in energy delivery and enhance energy efficiency while promoting technical loss reduction for sustainable development, International Copper Association India (ICA India), in association with Bureau of Indian Standards (BIS) and Indian Transformer Manufacturer’s Association (ITMA) recently organized a seminar on “Reliability and Energy Efficiency in Distribution Transformers and other related issues” in Mumbai.

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CTC Global partners with Gupta Power for ACCC conductor

ACCC

CTC Global and Gupta Power have established a new partnership to produce, distribute, market and sell ACCC (aluminium conductor composite core) electrical conductors in India using CTC Global’s internationally patented ACCC conductor core and settled the litigation filed by CTC Global relating to the enforcement of its patents right in India.

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KEC sells Rajasthan transmission asset to Adani Group

KEC

KEC International has signed a share purchase agreement (SPA) with Adani Transmission Ltd for selling its entire stake in KEC Bikaner Sikar Transmission Pvt Ltd at an enterprise value of around Rs. 227.50 crore. The deal is subject to regulatory and other approvals, KEC International said in a statement. This sale is in line with KEC’s strategy to focus on its core EPC business, the company said.

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Tata Power aims at trebling distribution business

Tata Power

Tata Power is keen to substantially grow its power distribution business, according to the company’s MD & CEO Praveer Sinha. Its current customer base of around 2.2 million consumers is likely to grow to 10 million in the next 3-5 years.

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Maharashtra hopes to finalize DF mandates by end-December

Maharashtra DF

The Maharashtra government is hopeful of soon appointing distribution franchisees in two circles, bidding for which is currently underway. Franchisees for the Malegaon and Mumbra-Kalwa circles will be made by end of December this year, according to Arvind Singh, Principal Secretary (Energy), Government of Maharashtra. Singh was addressing a select media gathering during the “Distribution Utility Meet 2018”, organized by Tata Power in Mumbai recently.

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Tata Power hosts Distribution Utility Meet in Mumbai

Tata Power

Tata Power hosted the 2nd Annual Distribution Utility Meet, 2018 in Mumbai, on November 1, 2018. The event  was inaugurated at the hands of Arvind Singh, Principal Secretary – Energy, Government of Maharashtra in the presence of Praveer Sinha, CEO & MD, Tata Power and Reji Kumar Pillai, President, India Smart Grid Forum (ISGF).

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