2024

Three qualify for Jaisalmer-Barmer ISTS-TBCB scheme in Rajasthan

    Three bidders are in the fray for a major interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that Power Grid Corporation of India Ltd ( Read more

Voltamp Transformers sees 37 per cent growth in order inflow

    Voltamp Transformers Ltd, in a stock exchange communication, said that its order inflow during FY24 was up 37 per cent, in value terms. The company said that during FY24, order inflow stood at Rs.1,859 crore, up 37 per cent Read more

Renewable energy certificates trade at all-time low on IEX

    Prices of renewable energy certificates (REC) on the Indian Energy Exchange (IEX) fell to a historic low during April 2024. In a release, IEX said that during the REC trading session held on April 24, 2024, Read more

Skipper Ltd closes FY24 with record order inflow

    Skipper Ltd received its highest-ever annual order inflow in FY24, standing at over Rs.4,200 crore. In an investor presentation filed on stock exchanges, Skipper said that order inflows during FY24 reached a record level of Rs.4,286 crore, including Rs.1,141 Read more

Good prospects from power T&D sector, notes REC CMD

REC Ltd expects good prospects from the power transmission & distribution (T&D) sector in FY25, noted the company’s CMD Vivek Kumar Dewangan. Addressing a media conference in Mumbai on April 30, 2024, Vivek Kumar Dewangan said that the power Read more

GE T&D India wins PGCIL mandate for asset management centre in Odisha

    GE T&D India Ltd, a listed entity of GE Vernova’s Electrification business in India, announced that it has secured orders from Power Grid Corporation of India Ltd (PGCIL) to build a state transmission asset management Read more

HVDC power transmission gaining prominence, major capacity build-up in the pipeline

    The quantum of interregional electricity transfer through HVDC lines appears to have increased significantly in FY24, as borne out by newly-released statistics by GRID-INDIA. In FY24, the total interregional electricity transfer stood at 249,487 MU (million Read more

Sterlite Power’s FY24 order inflow touches Rs.7,000 crore

    Sterlite Power won new orders worth Rs.2,500 crore in Q4 of FY24, taking the cumulative annual inflow to Rs.7,000 crore. In a release, Sterlite Power said that it won new orders worth Rs.2,500 crore with respect to its Global Read more

Havells India: Cables business grows 14 per cent in Q4FY24

    Havells India has reported a 14 per cent year-on-year growth in its cables business revenue during Q4 (January to March) of FY24. In a release, Havells India said that its cables business grew by 14 per cent with revenues Read more

Licence granted to cross-border transmission line

    Central Electricity Regulatory Commission (CERC) has granted licence to the Indian portion of an Indo-Nepal transmission line, owned by Butwal-Gorakhpur Cross Border Power Transmission Ltd (BGCPTL). In a recent order, CERC granted licence to BGCPTL for Read more