March 2022
Tata Power DDL gears up to meet projected record summer peak demand
- Mar 22, 2022
Tata Power Delhi Distribution Ltd has estimated a peak electricity demand of about 2,350 mw this summer season and made an arrangement of up to 2500 mw, the power utility said in a release. Hot summer As per the IMD Read more
ReNew Transmission Ventures wins its second TBCB scheme
- Mar 22, 2022
ReNew Transmission Ventures has won a transmission scheme in Karnataka under the tariff-based competitive bidding (TBCB) mechanism. This is the second TBCB win for ReNew, following the Koppal-Narendra transmission project in December 2021. In Read more
Sterlite Power completes Rs.1,200-crore refinancing of Khargone Project
- Mar 21, 2022
Sterlite Power announced the successful refinancing of its project loan for the recently commissioned Khargone power transmission project in Madhya Pradesh. With this transaction, Sterlite Power has achieved a reduction of almost 400 basis points in Read more
Best Power Equipments Launches “Nrgx 5000” UPS with Li-ion battery
- Mar 21, 2022
Best Power Equipments (BPE) has launched model Nrgx 5000 UPS with Li-ion Battery (ESS) for both home & small businesses. This robust UPS that covers all aspects of home, office & small businesses power needs, a release from BPE Read more
KEC International lands diversified orders worth over Rs.1,000 crore
- Mar 21, 2022
KEC International has reported the winning of new orders worth Rs.1,005 crore, across its various business verticals. With these new orders, the company’s year-to-date order inflow in FY22 has crossed Rs.16,000 crore. Discussing the new orders, the Read more
Suzuki Motor signs MoU with Gujarat, to invest over Rs.10,000 crore in EV space
- Mar 21, 2022
Suzuki Motor Corporation (Japan) has announced that it has signed an MoU with the Gujarat government, to invest over Rs.10,000 crore in the e-mobility space. In a release, Suzuki Motor Corporation (SMC) said that the MoU envisages investment of Read more
Sharika Enterprises wins domestic and overseas contracts
- Mar 21, 2022
Noida-headquartered Sharika Enterprises recently won two orders, including one export order and another from Central PSU NTPC. In a stock exchange communication, Sharika Enterprises said that it has received an order from NTPC Ltd for installation, erection and commissioning Read more
Adani Green raises $288-million “Construction Facility” from international banks
- Mar 21, 2022
Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to $1.64 billion by raising a $288-million facility for its under-construction renewable asset portfolio, the company said in a release. This facility has been raised through definitive agreements Read more
Emerging trends in the power value chain
- Mar 19, 2022
With the advent of digitalization, there is disruption in the traditional electricity value chain, notes Rohit Barde. In India, power business is asset-heavy and decentralized. Being a subject in the Concurrent list (falling under both state and Central government Read more
REC signs MoU with EPIC India to improve discom performance
- Mar 17, 2022
The Energy Policy Institute at the University of Chicago (EPIC India) has signed an MoU with REC Ltd and REC Power Development and Consultancy Ltd (RECPDCL) to enable an evidence-based approach to improve the electricity distribution utility performance Read more