INSULOGIX

May 2023

PGCIL records modest capex growth in FY23, capitalization falls sharply

  Power Grid Corporation of India Ltd (PGCIL) has recorded a modest year-on-year growth in capital expenditure during FY23, at the consolidated level, while capitalization has declined significantly. According to an investor presentation filed on stock exchanges, PGCIL incurred capital Read more

Signify launches its first ‘Philips Solar Light Hub’ in India

  Signify has announced the launch of its first-ever 'Philips Solar Light Hub' in India, an exclusive retail store aimed to encourage wider use of solar lighting products. With an endeavor to offer customers an interactive space to explore solar Read more

Larsen Toubro | T&D India

L&T wins domestic and overseas orders in power T&D space

  The Power Transmission & Distribution (PTD) Business of Larsen & Toubro (L&T) has secured EPC orders in India and overseas, an official company release said. In the Kingdom of Saudi Arabia (KSA), the PTD business has secured two orders Read more

PGCIL mandated to develop unified network management system

  Power Grid Corporation of India Ltd (PGCIL) has been mandated to develop a unified network management system (U-NMS) for the Southern Region. This U-NMS is aimed to facilitate centralized supervision of interstate transmission systems (ISTS) as well as intrastate Read more

Siemens announces slump sale of LV motor division

  Siemens Ltd has announced that its board has approved the sale and transfer of the company’s low-voltage motors business. In a release, Siemens said that its board, in a meeting held on May 19, 2023, approved the sale and Read more

Madhya Pradesh gets its 1000th transformer, installed at Harda substation

State utility Madhya Pradesh Power Transmission Company Ltd (MPPTCL or MPTransco) has crossed a significant milestone by installing the 1000th transformer in the state’s transmission network. In an official release, MPPTCL said that this 63 MVA transformer, with a Read more

REC board approves four SPVs for interstate transmission schemes

  The board of REC Ltd, in a recent meeting, has approved the creation of four subsidiaries that will act as special-purpose vehicles for developing interstate transmission schemes. In a stock exchange filing, REC Ltd said that these four entities Read more

Lighting sector boosting employment by leveraging “Make in India”

The lighting sector is one of the many industries that have been able to leverage the Make in India initiative for maximum employment and expansion in the country, notes Ankur Mehta. The Read more

Schneider Electric unveils new 3-phase modular UPS

  Schneider Electric has introduced the “Easy UPS 3-Phase Modular” – a UPS designed to protect critical loads. According to a release by Schneider Electric, this robust UPS is designed to protect critical loads while offering third-party Read more

Kalpataru Power records all-time high order book

  Kalpataru Power Transmission Ltd (KPTL) reported an outstanding order book position of nearly Rs.460 billion, which is the highest in the company’s history. According to an investor presentation recently filed on stock exchanges, KPTL’s order book position as of Read more