November 2020
Veto Switchgears acquires stake in Vankon Modular
- Nov 19, 2020
Jaipur-headquartered Veto Switchgears & Cables Ltd has acquired equity stake in Vankon Modular Pvt Ltd. In a stock exchange filing, Veto Switchgears said that it has acquired 46 per cent equity stake in Mumbai-based Vankon Modular Pvt Ltd. Vankon Modular Read more
Siemens installs process bus technology at new HV substation
- Nov 18, 2020
Siemens Smart Infrastructure has installed process bus technology at the new high-voltage substation in Los Sauces for Luz del Sur, one of the largest distribution network operators in Peru. Process bus significantly increases level of digitalization in substations This process Read more
CESC restricts losses of Rajasthan circles in H1 of FY21
- Nov 18, 2020
CESC has managed to restrict aggregate financial losses in its three distribution franchisee circles of Rajasthan during the first half (April to September) of FY21. However, revenues from Rajasthan were also lower, year-on-year, during the period. In an investor Read more
BPE increases production capacity at Noida plant
- Nov 18, 2020
Best Power Equipments India Pvt Ltd (BPE) has increased the production capacity at its Noida factory, the Noida-headquartered company said in a statement. The expansion has come by way of acquiring a new manufacturing facility of 15,000 sqft area Read more
Siemens Energy signs agreement to develop Afghanistan as an energy hub
- Nov 17, 2020
Siemens Energy has signed a multi-phase agreement with Afghanistan to establish the country as an energy hub in central Asia by developing a modern, sustainable, and cost-effective power system, incorporating the massive potential of renewable energy generation. The agreement Read more
NTPC-Meja to be fully commissioned in December 2020
- Nov 17, 2020
The 1,320-mw Meja thermal power plant in Prayagraj district of Uttar Pradesh is likely to be fully commissioned in December 2020. The project is being developed as a joint venture between Central and state utilities. The Meja power plant, Read more
PGCIL takes tally of remotely managed substations to 238
- Nov 16, 2020
During the second quarter (July to September) of FY21, Power Grid Corporation of India added three substations to its collection of remotely-managed substations under NTAMC/RTAMC, taking the total tally to 238, as of September 30, 2020. According to information Read more
New mining reforms in the offing: Coal Secretary
- Nov 16, 2020
In continuance to the recent announcement on opening commercial coal mining to private players and unlocking 500 blocks in non-coal minerals, the government recently announced that the new mining reforms will get adopted in the statute book in Read more
Kalpataru Power fully completes NERSS-VI transmission project
- Nov 14, 2020
Kohima-Mariani Transmission Ltd (KMTL), a special purpose vehicle majorly owned by Kalpataru Power Transmission Ltd (KPTL), has fully completed the North Eastern Region Strengthening Scheme (NERSS-VI). In a stock exchange filing, KPTL announced that KMTL has commissioned the second Read more
CRGO steel to benefit from government’s stimulus package
- Nov 13, 2020
Nearly ten per cent of the total incentive earmarked for the steel sector, under the latest AatmaNirbhar Bharat 3.0 stimulus package, will be dedicated to CRGO steel, it is reported. The Union finance minister, on November 12, 2020, announced Read more