2020
PGCIL sees lower profits due to discom provisioning
- Aug 12, 2020
The net profit of Power Grid Corporation of India declined 17 per cent during the first quarter (April to June) of FY21, due to extraordinary provisioning towards discoms. PGCIL reported a net profit (classified as “total comprehensive income”) of Read more
Doble Engineering teams up with SynchroGrid for power system protection
- Aug 12, 2020
Doble Engineering Company, a leader in power grid diagnostic solutions and subsidiary of ESCO Technologies Inc. has announced its collaboration with SynchroGrid, an innovative power engineering consulting company specializing in system protection. The companies have created a joint solution Read more
ABB India launches digital marketplace portal, to offer 6,000+ products
- Aug 11, 2020
ABB India, has announced the launch of eMart, (https://shop.in.abb.com) an online marketplace portal, which will offer more than 6,000 products from its Electrification Business for home and industrial buyers. This unique B2B & B2C platform will Read more
Sagardighi TPP: BHEL starts civil works on zero date
- Aug 11, 2020
Thanks to upfront completion of pre-engineering activities, Bharat Heavy Electricals Ltd could start civil works on the Sagardighi power project on the zero-date itself. Conventionally it takes a few months after the zero date to initiate civil works onsite, Read more
‘Steady performance amidst global upheavals’: KEC International
- Aug 11, 2020
According to Vimal Kejriwal, MD & CEO, KEC International, the company has delivered steady performance, despite global upheavals, during the first quarter of FY21. RPG Group company KEC International announced its financial results for the quarter ending June 30, Read more
Torrent Power’s Agra and Bhiwandi operations face COVID-19 impact
- Aug 10, 2020
The distribution franchisee (DF) operations of Torrent Power in the industrial-centric areas of Bhiwandi and Agra were impacted during the first quarter of FY21, the company said in a media release. Commenting on the company’s financial results for the Read more
No movement in TBCB projects in Q1FY21
- Aug 10, 2020
There has been no movement – in terms of projects awarded or completed — in the TBCB-based power transmission landscape, during the first quarter of the current fiscal year. The nationwide lockdown and the general disruption has had an Read more
ICRA expects Rs. 1.8 trillion investment in power transmission
- Aug 8, 2020
Rating agency ICRA expects an investment of Rs 1.8 trillion over the five-year period from FY21 to FY25 in the power transmission segment at the all-India level. This investment will be driven by evacuation infrastructure for renewable energy (RE) Read more
Adani’s Mumbai power distribution: Collections improving in July
- Aug 8, 2020
Adani Transmission, in a recent release, observed that the collection scenario with respect to its power distribution business in Mumbai has improved significantly since July 2020, following relaxation in the COVID19-related lockdown in the city. “Economic activity in Mumbai Read more
Vertiv Introduces Environet Alert for small data centres
- Aug 8, 2020
Vertiv, a global provider of critical digital infrastructure and continuity solutions, has introduced Vertiv™ Environet™ Alert, a new software offering that brings enterprise-level infrastructure monitoring and management capabilities to smaller data centers and edge facilities. Vertiv Environet Alert delivers Read more