February 2021
KEC clinches domestic and overseas orders worth over Rs.1,600 crore
- Feb 17, 2021
KEC International Ltd has secured new domestic and international orders, collectively worth Rs.1,681 crore, across its various businesses. The Power T&D business has secured orders of Rs. 1,287 crore for projects from Power Grid Corporation of India Ltd. (PGCIL) Read more
GE T&D India appoints Mahesh Palashikar as new Chairman
- Feb 16, 2021
GE T&D India Ltd has announced the appointment of Mahesh Palashikar on the Board as Chairman. Mahesh assumes the role of Chairman effective March 1, 2021 and succeeds Vishal K Wanchoo who resigned from Board upon assuming new Read more
“Start manufacturing products that we were importing”: R.K. Singh
- Feb 16, 2021
“I invite electrical companies to set up their industries and manufacture components, which we are importing,” noted R.K. Singh, Union power minister, in his inaugural address at the virtual exhibition “DistribuELEC”, being organized by apex industry body IEEMA. Against Read more
PGCIL Board Approves Buying Out Of Jaypee’s Stake In Joint Venture
- Feb 15, 2021
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has approved the acquisition of the entire equity stake of Jaypee (Jaiprakash) Group in a bipartite joint venture. In a stock exchange filing, PGCIL said Read more
Latish Babu, Director, Power & Grid Segment, Schneider Electric India
- Feb 14, 2021
With carriage and content separation in power distribution, we foresee carriage (wires) will continue to be owned by the government but we will foresee good number of competition on content side (units or kwh) from private players. Read more
World’s First Software-Centric Industrial Automation System In India, By Schneider Electric
- Feb 12, 2021
Schneider Electric has unveiled its vision for universal automation and the first of its kind, EcoStruxure™ Automation Expert, a new category of software-centric industrial automation system. Through this launch, the company aims to accelerate its drive to Read more
KKR-Backed Renewable Energy InvIT Gets “Stable” Rating
- Feb 12, 2021
Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL. Read more
‘Power Distribution Reforms Will Usher In New Technologies’
- Feb 11, 2021
Ongoing reforms coupled with budgetary allocations will give rise to new technologies in the power distribution value chain, according to Sandeep Zanzaria, Chairman of DistribuELEC 2021, an upcoming event for power distribution stakeholders, being organized by apex Read more
NLC India Starts Commercial Operations At Unit 2 Of NNTPP
- Feb 11, 2021
NLC India Ltd has announced that commercial operation of Unit-2 of its NNTPP (500 mw) has been declared on February 10, 2021. It may be recalled that on February 5, 2021, NLC India (formerly Neyveli Lignite Corporation) Read more
Premier Energies Plans New Facility For Solar Cells And Modules
- Feb 11, 2021
Premier Energies has announced its plans to set up a new state-of-the-art facility for manufacturing solar photovoltaic equipment, at E -City Hyderabad. Coming up on 25 acres of land, this greenfield plant will have an integrated capacity Read more