The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the Green Energy Corridor (GEC) Phase-II project, in a meeting on January 7, 2022. GEC-Phase II aims at strengthening the intrastate transmission system (InSTS) in Read more
Union finance minister Ms Nirmala Sitharaman, in a meeting on January 6, 2022, with a delegation of solar power-centric industry associations assured that basic customs duty (BCD) on imported solar modules will be implemented effective from April 1, Read more
Omega Seiki Mobility (OSM) and JAE SUNG Tech Co., LTD a leading Korean EV powertrain maker, have announced a strategic partnership to manufacture electric powertrains in India. As a part of this partnership, the two companies will be forming Read more
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more
Power management company Eaton has completed the acquisition of Royal Power Solutions, a US-based manufacturer of high-precision electrical connectivity components. A release by Eaton said that the components produced by Royal Power find application in electric vehicle, energy management, Read more
Industrial Promotion & Investment Corporation of Odisha (IPICOL) and Gail (India) Ltd have signed an MoU aiming at cooperation in the area of green projects in Odisha. A release by IPICOL said that the two entities, in the Read more
ABB India has unveiled its new range of flameproof (FLP) motors that are safe choice for applications in potentially explosive environments. Manufactured at the company’s Faridabad facility, these low voltage motors offer considerable benefits including low vibration levels with Read more
“Automatic Generation Control (AGC)”, a new system to maintain the reliability of grid frequency, was recently dedicated to the nation at the hands of Union power minister, R.K. Singh. The launch of AGC is is expected to facilitate achieving Read more
Thermax Ltd, in a stock exchange filing, said that it has received an order to supply flue gas desulphurization (FGD) systems, valued at over Rs.500 crore. The Pune-based environmental engineering company said that it has concluded an order of Read more
Siemens Smart Infrastructure has added two new variants of KNX binary inputs to its portfolio of DIN-rail mounted devices. The new binary inputs N262 and N263 offer easy installation and intuitive operation and are available as potential-free and voltage-loaded Read more