October 2024

Havells India: Cables business grows 23 per cent in Q2FY25

Havells India reported a revenue growth of nearly 23 per from its cables business during the second quarter (Q2: July to September) of FY25. In a release, Havells India said that revenue from the cables business touched Rs.1,805 crore Read more

Netinium and Wirepas announce partnership for smart metering solutions

Netinium and Wirepas have announced a partnership to enable scalable and standardized smart metering solutions for utilities worldwide. The collaboration leverages Wirepas’ game-changing, non-cellular 5G RF mesh connectivity which uses license-exempt spectrum. With the rising demand for larger amounts Read more

First “Green GIS” on ISTS grid to come up for discussion

The proposal of building what could be India’s first “Green GIS” switching station on the ISTS network will be deliberated by the National Committee on Transmission (NCT) in its next meeting. This plan has been under discussion at various Read more

KEI Industries | T&D India

KEI Industries to raise Rs.2,000 crore, board approves proposal

The board of directors of KEI Industries Ltd, in its meeting on October 15, 2024, approved the proposal to raise Rs.2,000 crore through qualified institutional placement (QIP). In a stock exchange communication, KEI said that its board approved the Read more

CEA concludes brainstorming conclave on the “Indian Power Sector Scenario 2047”

Central Electricity Authority (CEA) successfully concluded its two-day Brainstorming Conclave on the 'Indian Power Sector Scenario 2047', presenting a comprehensive plan for the growth of the country's power sector over the next two decades. The event, held on October Read more

Azure Power Rajasthan | T&D India

SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more

PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more

Adani Energy Solutions adds over 2,000 ckm to under-construction portfolio

With three new wins in the second quarter of FY25, Adani Energy Solutions Ltd (AESL) added over 2,000 ckm to its under-construction power transmission portfolio. In a provisional operational update for Q2FY25, AESL said that during Read more

Vertiv expands capacity in North America, opens new facility in South Carolina

Vertiv announced a major expansion of its North American manufacturing operations with a new facility in Pelzer, South Carolina. The Vertiv Pelzer facility adds 215,000 sqft (about 20,000 sqm) of manufacturing space and is projected to create up to Read more