With the first quarter of FY21 ending with little economic activity, Power Grid Corporation of India (PGCIL) has pegged its capital expenditure for the year much lower at Rs.10,500 crore, as against Rs.15,313 crore in FY20. As of March Read more
ICRA feels that reduction in REC prices will negatively impact REC-registered projects while it is a positive for obligated entities like discoms. Central Electricity Regulatory Commission (CERC) vide its order dated June 17, 2020 reduced the forbearance prices and Read more
Power Grid Corporation of India expects to complete the 800kV Raigarh-Pugalur HVDC line by December 2020, the Central PSU said in an investor presentation. During FY20, PGCIL completed the low-power testing of the aforementioned bipolar HVDC link while the Read more
thyssenkrupp Elevator (India) has launched advanced elevator and escalator sanitizing solutions, with a view to making its every elevator and escalator a safe and healthy space for its passengers. Not to mention, the elevator world is witnessing major changes Read more
Coimbatore-headquartered ELGi Equipments is India’s leading supplier of industrial air compressors, with a standing of six decades. ELGi has a product range of over 400 types of air compressors, designed for Read more
During the COVID-19 lockdown months, smart meters boosted commercial efficiency of Tata Power Delhi Distribution Ltd, the utility said in a statement. These meters have also proved beneficial to consumers. The smart meters proved to be extremely beneficial for Read more
Being in the essential service of electricity, Power Grid Corporation of India did not see any impact of the COVID-19 lockdown in FY20. However, the impact assessment of COVID-19 is a continuing process given the uncertainties associated with Read more
Tata Power Renewable Energy Ltd has received the letter of award from Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) to develop a 100-mw solar project in Maharashtra. Electricity generated from this plant will be supplied to MSEDCL, the state power Read more
Tata Power Delhi Distribution (Tata Power-DDL) successfully met the peak power demand of 1713 mw -- the highest for this season -- touched on June 18, 2020, without any network constraint and power outage. Delhi as a Read more
The mega auction of 41 coal blocks by the Centre, announced on June 18, 2020, is expected to significantly boost domestic production while curbing imports of this mineral fuel. This is the first auction conducted after the passage Read more