2023

Kalpataru Power Transmission Ltd formalizes corporate name change

  Kalpataru Power Transmission Ltd has announced that its corporate name has changed to “Kalpataru Projects International Ltd,” effective May 22, 2023. An official company release noted that the change in corporate name was formalized following the receipt of approvals Read more

Torrent awards wind power turnkey contract to Suzlon

  Torrent Power has announced the award of a turnkey contract to Suzlon Energy, for a wind power project in Karnataka. In a stock exchange filing, Torrent Power announced that it has awarded the turnkey contract for constructing a 300-MW Read more

PGCIL to hive off consultancy business into new subsidiary

  Power Grid Corporation of India Ltd (PGCIL) has planned to house its consultancy business and other non-core activities in a new subsidiary. PGCIL has created a new wholly-owned subsidiary that will have several ongoing activities other than the company’s Read more

PGCIL sees business opportunity worth Rs.4 trillion in transmission space

Power Grid Corporation of India Ltd (PGCIL) envisages business opportunities to the tune of Rs.4 trillion (Rs.4 lakh crore) by 2030, in the domestic power transmission space. Addressing an investor conference, K. Sreekant, CMD, PGCIL, said that the business Read more

MPPTCL energizes 220kV transformer with HMI technology

  In a first for the state, Madhya Pradesh Power Transmission Company Ltd (MPPTCL or MPTransco) has energized a 220kV power transformer using remote Human Machine Interface (HMI) technology. In a release, MPPTCL said that a 160 MVA power transformer Read more

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