April 2023
IndiGrid raises long-term finance from IFC
- Apr 21, 2023
India Grid Trust (IndiGrid) has announced that International Finance Corporation (IFC) has subscribed to a listed NCD issuance of IndiGrid, aggregating Rs.1,140 crore. With a total tenure of 18 years, the NCDs were priced at a Read more
Siemens, in consortium, wins orders for Ahmedabad and Surat metro rail
- Apr 20, 2023
Siemens Ltd, as part of a consortium along with Rail Vikas Nigam Ltd, received two separate orders from Gujarat Metro Rail Corporation Ltd (GMRCL), relating to the metro rail projects in Surat and Ahmedabad. The share of Siemens Ltd Read more
NCT recommends TBCB mode for three ISTS schemes
- Apr 20, 2023
The National Committee on Transmission (NCT), in its recent meeting, has recommended three interstate transmission system (ISTS) schemes to be implemented under the tariff-based competitive bidding (TBCB) mechanism. The recommendation has been forwarded to the Read more
Foundation stone laid for Schneider Electric’s new factory in Kolkata
- Apr 20, 2023
Schneider Electric recently hosted the ground breaking ceremony of its new manufacturing plant at Prospace Industrial Park, in Kolkata. Covering an area of 9 acres, this new facility will involve an investment of Rs.140 crore. Schneider Electric aims to Read more
Fybros unveils range of cover plates for its Four-X Series
- Apr 19, 2023
Fybros has introduced a new range of cover plates to its Four-X Series. This latest addition, Series 11- “It’s Time to Reinvent,” is equipped with a metal strip to offer greater durability and style to interiors. The new series Read more
Serentica Renewables appoints Akshay Hiranandani as CEO
- Apr 19, 2023
Serentica Renewables has announced the appointment of Akshay Hiranandani as the Chief Executive Officer. In this role, Akshay will work closely with Pratik Agarwal, Director, Serentica Renewables. Commenting Read more
Jakson Green to develop urban-centric green hydrogen refuelling station
- Apr 19, 2023
Jakson Green has announced its plan of developing a green hydrogen fuelling station at Badarpur, New Delhi, for a major power company in India. The project is expected to offset 3.7 tonnes of CO2 per day once operational, according Read more
Saurabh Kumar to lead GEAPP’s Vision for India’s clean energy transition
- Apr 19, 2023
The Global Energy Alliance for People and Planet (GEAPP) has announced the appointment of Saurabh Kumar as the Head of GEAPP in India. GEAPP is an alliance of philanthropy, local entrepreneurs, government, technology, policy, and finance, Read more
TBCB Report Card for FY23: 8 awarded, 6 completed
- Apr 19, 2023
A special study by T&D India, based on official documents, suggests that during fiscal year 2022-23 ending March 31, 2023, a total of eight interstate transmission projects were awarded under the tariff-based competitive bidding (TBCB) route. Further, six Read more
Sterling and Wilson wins major orders under RDSS
- Apr 18, 2023
Sterling and Wilson Pvt Ltd (SWPL) has announced that it has recently won three new rural electrification orders aggregating around Rs.1,080 crore. These orders are turnkey projects awarded under the Revamped Distribution Sector Scheme (RDSS). The first order is awarded Read more