On the cusp of a massive upgrade, India’s power transmission sector is providing immense business opportunity to developers, contractors and equipment suppliers. However, signs of supply chain crunch are being felt, particularly with respect to high-voltage transformers where Read more
Quality Power Electrical Equipments Ltd (QPE) announced that it executed a term sheet to acquire 100 per cent of the equity share capital of Winwin Speciality Insulators Ltd The transaction is subject to customary due diligence, statutory and regulatory Read more
Power Grid Corporation of India Ltd (PGCIL) and H.G. Infra Engineering Ltd (HGIEL) are set to emerge winners for one interstate-TBCB scheme each. Both the entities have emerged L1 for their respective schemes, according to a reliable industry source. PGCIL Read more
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has qualified six aspirants, based on their technical bids, for opening of initial price bids for an interregional scheme under TBCB. The scheme under discussion is Read more
Adani Energy Solutions Ltd (AESL) has executed a binding securities purchase and subscription agreement (SPSA) to acquire a 100 per cent equity stake in IntelliSmart Infrastructure Pvt Ltd. A joint venture between National Investment & Infrastructure Fund (NIIF) and Read more
The European Investment Bank (EIB) is providing 24 million Euros in financing to Wirepas, a Finnish deep-tech company developing wireless connectivity for large-scale industrial Internet of Things (IoT) applications. Wirepas will use the EIB backing to bolster research, development Read more
Central Electricity Regulatory Commission (CERC) has granted final transmission licence to “KPS III HVDC Power Transmission Ltd,” a subsidiary of Adani Energy Solutions Ltd. The final transmission licence was issued following the interim licence that was granted through CERC’s Read more
Polycab India Ltd, has launched a powerful digital film ahead of Electricians' Day on June 10, celebrating the pride, dignity, and indispensable role of electricians in powering everyday life. Built around the thought that every safe connection has a Read more
The total transformation capacity of state transco Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has crossed the 85-GVA mark. In a release, MPPTCL said that the milestone was crossed with the commissioned of an additional 315-MVA power transformer at Read more
In an interesting turn of events, the Ambernath intrastate-TBCB scheme in Maharashtra, the bidding for which was annulled, will now come up as a “Dedicated Distribution Facility” to be constructed by Lodha Developers. The Ambernath intrastate project mainly entailed Read more