Pursuant to the letter of intent issued by lenders of NRSS XXXVI Transmission Ltd, Resurgent Power Ventures Pte Ltd has completed the acquisition, and settled debt of the lender, of NRSS XXXVI. The transaction is part of stressed asset Read more
Apraava Energy is the new identity of CLP India, which is regarded as amongst the earliest multinationals to enter India’s power sector. Apraava Energy, as part of its new corporate philosophy, Read more
KEC International Ltd has secured new orders of Rs.945 crore across its various businesses, taking its cumulative order inflow in FY22 to over Rs.17,000 crore. These orders were clinched by the company’s power T&D, Railways and Cables businesses. In Read more
Sterlite Power Brasil, a subsidiary of Sterlite Power Transmission Ltd, has announces the issuance of debentures on the total amount of R$ 600 million (around Rs.985 crore). Banco Modal and Banco Itaú BBA coordinated the transaction, which reinstates Sterlite's Read more
Vestas is introducing the V172-7.2 MW, expanding the advanced EnVentus platform and offering enhanced performance in low to medium wind conditions, the wind turbine maker said in a release. In alignment, Vestas will be changing the Read more
Bharat Heavy Electricals Ltd (BHEL), in a statement, highlighted its contribution in the recently commissioned Raigarh-Pugalur UHVDC link. The statement said that BHEL has achieved a major landmark with its equipment enabling record power transmission of 6,000 mw, over Read more
Adani Electricity Mumbai Ltd has recently commissioned a 220kV Variable Shunt Reactor (VSR) at its Gorai EHV substation, the power utility said in a statement. With this, AEML is one of the first utility in India to install a Read more
Hitachi Energy has launched its OceaniQ™ portfolio for the offshore energy environment, which will be showcased at the imminent annual WindEurope event in Bilbao, Spain. Hitachi Energy has created OceaniQ to help accelerate the clean energy transition. OceaniQ will Read more
Indian Electrical & Electronics Manufacturers' Association (IEEMA) has appointed Kiran Dutt as the Vice Chairman of its Low-Voltage (LV) Switchgear Division. His appointment comes ahead of his rich and vast experience Read more
Tata Power Renewables Energy Ltd (TPREL), a wholly-owned subsidiary of Tata Power, has commissioned a 300-mw solar power project at Dholera, Gujarat. The project will generate 774 million kwh annually. Along with this, it will reduce approximately 70,4340 tonnes Read more