The pace of the addition of 220kV transformation (substation) capacity appears to be on track in FY23, though there has been a substantial shortfall in higher voltage levels like 400kV and 765kV. According to official statistics recently released by Read more
The power transmission & distribution (PTD) business of Larsen & Toubro has won multiple orders in the domestic and overseas markets, with an estimated aggregate value exceeding Rs.2,500 crore. 765kV transmission lines The PTD Business has secured turnkey packages to Read more
In a recent order, Central Electricity Regulatory Commission (CERC) has adopted the transmission charges relating to the project being developed by “Kishtwar Transmission Ltd,” a subsidiary of Sterlite Power. Sterlite Power won the project under the tariff-based competitive bidding Read more
ISGEC Heavy Engineering Ltd has received an order related to the renovation and modernization (R&M) of electrostatic precipitators (ESPs). In a stock exchange communication, IGSEC said that this order, valued at Rs.197.25 crore, was placed by Maharashtra State Power Read more
"It is a welcome amendment to the Finance Bill 2023. In sync with the spirit of the distribution methodology, the adjustment of 'Capital Repayment' component of the DPU against cost of acquisition will help in bringing the much-needed Read more
Schneider Electric has been conferred as the 'Best Indo-French Cooperation of the Year' by the Indo-French Business Awards 2023. With the group completing 60 years in India, this recognition is a testament to its long-standing commitment to accelerating the Read more
Magenta Mobility has opened its largest EV charging depot in Bilekahalli, Bengaluru. The new charging depot, spanning 11,000 sqft, has 63 AC chargers of 3.3 kW and 3 DC chargers of 15kW GB/T to ensure a seamless and efficient Read more
The acquisition of the Electrical & Automation (E&A) business of Larsen & Toubro (L&T) by Schneider Electric is a very significant development for the French-headquartered company, according to Jean-Pascal Tricoire, Chairman & CEO, of Schneider Electric. Tricoire was Read more
SJVN, on March 23, 2023, signed the EPC contract agreement for civil and hydro-mechanical works related to the Central PSU’s Sunni Dam hydropower project in Himachal Pradesh. In an official release, SJVN said that the EPC contract agreement, valued Read more
Patel Engineering Ltd, in the joint venture, has been declared L1 for a civil works package relating to NHPC’s 2,880-MW Dibang multipurpose project in Arunachal Pradesh. In a stock exchange communication, Patel Engineering said that its joint venture with Read more