June 2020

industrial

Nationwide lockdown cripples industrial activity in April

Latest industrial production statistics released by the Central government point to a sharp deceleration of industrial activity, albeit on expected lines. The latest Index of Industrial Production (IIP) release by Ministry of Statistics & Programme Implementation (MOSPI) carries “quick Read more

Nexans

Nexans to supply HV cables to Scotland’s biggest offshore wind farm

Nexans has been awarded a major contract by SSE Renewables to design, manufacture and install the high voltage onshore and offshore export cables for Scotland's biggest offshore wind farm. The cables will be supplied for the Read more

Adani

RTM for power procurement would enable efficient price discovery: ICRA

The launch of real-time market (RTM) for power trading on June 1, 2020 is expected to lead to an efficient price discovery in the power trading market, feels rating agency ICRA Ltd. The RTM power Read more

Adani

Adani Electricity Mumbai prepares the city for Monsoon

Adani Electricity Mumbai Ltd (AEML), the largest power distributor in Mumbai, has announced monsoon preparedness safety measures taken across their divisions as the city welcomes the first showers this week. Adani Electricity has taken all precautions Read more

Fluence

IESA seeks clear policy framework for energy storage

A clear policy framework regarding energy storage is needed in the new electricity law for the adoption of storage technologies in suitable areas, an industry body has suggested. The Draft Electricity (Amendment) Bill, 2020, floated by the power ministry, Read more

Siemens

Siemens lands mandate for HVDC link in Greece

A consortium led by Siemens Gas and Power (Siemens Energy) has been awarded a turnkey contract for two converter stations for the Greek high voltage direct current (HVDC) link that will connect Crete, Greece’s largest and most populous Read more

PGCIL

PGCIL fixes quantum of one-time rebate to discoms

Power Grid Corporation of India, in a communication to stock exchanges, has informed that it has fixed the quantum of the one-time rebate that it would be extending to discoms. In its board meeting held on June 6, 2020, Read more

Is India turning the corner on procurement with safety in mind?

Following a visit to the recent Elecrama 2020, India’s leading energy transition technology conference, Steve Jones, Sales Director, MIDEL reflects on the changing mindset of procurement for the country’s electricity Read more

BHEL

BHEL commissions first unit of Bhadradri TPS in Telangana

Bharat Heavy Electricals Ltd has commissioned a 270-mw unit at the Bhadradri Thermal Power Project in Telangana. Located at Manuguru in Bhadradri Kothagudem District of Telangana, the project was awarded to BHEL by Telangana State Power Generation Corporation Ltd (TSGENCO). This Read more

ABB

European Commission clears acquisition of ABB power grid by Hitachi

The European Commission has approved, under the EU Merger Regulation, the acquisition of the power grid division of ABB of Switzerland by Hitachi of Japan. The Commission found that a number of strong players would remain in the market Read more