Hitachi Energy is investing approximately Rs.2,000 crore to establish a new large power transformer (LPT) factory at Karjan in Vadodara, Gujarat. This investment is in continuation of the recent announcement made by Hitachi Energy Read more
Bharat Heavy Electricals Ltd (BHEL) has received a limited notice to proceed (LNTP) from Damodar Valley Corporation (DVC) relating to the latter’s upcoming Durgapur advanced supercritical thermal power project in West Bengal. The LNTP, received by BHEL on June Read more
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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
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
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
Bajaj Electricals Ltd has announced that it would be entering the cables business, in view of growing market demand. In a regulatory filing, Bajaj Electricals Ltd that as part of the company’s strategic initiatives to expand and diversify its Read more
Bharat Heavy Electricals Ltd (BHEL) has announced the winning of an EPC order valued at over Rs.21,000 crore for a supercritical thermal power project in Uttar Pradesh. In a regulatory disclosure, BHEL said that this order has been placed Read more