The total electricity volume traded on Indian Energy Exchange (IEX) during December 2022 was 4 per cent higher than in December 2021, a release from IEX said. IEX achieved 8,452 MU of total volume in December 2022 that included Read more
Asian Development Bank (ADB) will be supporting Tripura government to undertake a major power sector revamp in the northeastern state. According to information available, the overall project will cost Rs.2,275 crore out of which Rs.1,820 crore (or $220 million) Read more
Linxon has been awarded a contract by Chennai Metro Rail Ltd (CMRL) to deliver the power supply works for Phase 2 development of the Chennai metro. This newly awarded contract is part of Phase 2, which will significantly increase Read more
In a recent order, Central Electricity Regulatory Commission (CERC) has offered more relaxation with respect to waiver of ISTS-related transmission charges. The order has given a six-month extension, from the original December 31, 2022 to the revised June 30, Read more
Over 17 crore smart meters have been sanctioned so far for nationwide deployment under the Revamped Distribution Sector Scheme (RDSS), a government release said. The release said that 17,34,39,869 (or 17.34 crore or 173 million) prepaid smart meters have Read more
Bharat Heavy Electricals Ltd (BHEL) has entered into a long-term Technology License Agreement (TLA) with Sumitomo SHI FW, Finland (SFW) for circulating fluidized bed combustion (CFBC) boilers. The agreement covers design, engineering, manufacturing, erection, commissioning and sale of subcritical Read more
Adani Transmission Ltd (ATL) has newly incorporated a subsidiary for undertaking smart metering business. In a recent stock exchange filing, ATL said that it has incorporated a wholly-owned subsidiary named “BEST Smart Metering Ltd” on December 27, 2022. The new Read more
Larsen & Toubro, in a release, said that its power transmission & distribution (PTD) business has won an EPC order to undertake works under the Revamped Distribution Sector Scheme (RDSS) in Uttar Pradesh. The release elaborated that the PTD Read more
Tata Power Renewable Energy Ltd (TPREL) has received the "Letter of Award" (LoA) from Tata Power Delhi Distribution Ltd (Tata Power -DDL) for setting up a hybrid power project. In a release, Tata Power said that its subsidiary TPREL Read more
Hindustan Power Exchange (HPX) has crossed the milestone of 1 billion units (kwh) of power traded since its launch around six months ago. In a release, HPX said that with more than 360 market Read more