GE, on November 9, 2021, announced its plan to form three industry-leading, global public companies focused on the growth sectors of aviation, healthcare, and energy. This will be achieved in the following manner: Pursuing a tax-free spin-off of GE Read more
Tata Power, in a release, said that it has conducted more than 150 energy audits of its commercial & industrial (C&I) customers in Mumbai. These audits have enabled these customers to achieve high level of energy efficiency. This initiative Read more
Hitachi Energy in India said that it would continue its endeavour to enable clean and affordable power in the country. This statement was made in the context of Read more
Inox Wind, in a release, said that it has won an order to commission 150 mw of wind power capacity for NTPC Renewable Energy Ltd (NTPC-REL), a wholly-owned subsidiary of NTPC Ltd. The project will be executed on a Read more
Polycab India has signed an agreement to divest its entire shareholding in its wholly-owned subsidiary Ryker Base Pvt Ltd. The agreement has been signed with Renuka Investments & Finance Ltd, a wholly-owned subsidiary of Hindalco Industries Ltd. The enterprise value Read more
Adani Power, in a stock exchange filing, said that National Company Law Tribunal (NCLT) has approved the resolution plan submitted by Adani Power with regard to the revival of Essar Power (MP) Ltd. The Principal Bench at New Delhi Read more
Power utility BSES Rajdhani Power Ltd (BRPL) and fast-moving electrical goods company Havells India Ltd have signed an memorandum of understanding to undertake an electrician program with a view to promoting electrical safety. As part of the initiative, a Read more
Vertiv has introduced the Vertiv™ NetSure™ Inverter series, a space-saving system that powers AC and DC loads in a single sub-rack with a common battery bank. The system provides DC and AC power from a common platform using a Read more
The newly-formed Central Transmission Utility of India Ltd (CTUIL) has been empowered to approve interstate transmission scheme (ISTS) project with an outlay of up to Rs.100 crore. This was one more step in the Read more