KEC International has reported the winning of new orders worth Rs.1,005 crore, across its various business verticals. With these new orders, the company’s year-to-date order inflow in FY22 has crossed Rs.16,000 crore. Discussing the new orders, the Read more
Suzuki Motor Corporation (Japan) has announced that it has signed an MoU with the Gujarat government, to invest over Rs.10,000 crore in the e-mobility space. In a release, Suzuki Motor Corporation (SMC) said that the MoU envisages investment of Read more
Noida-headquartered Sharika Enterprises recently won two orders, including one export order and another from Central PSU NTPC. In a stock exchange communication, Sharika Enterprises said that it has received an order from NTPC Ltd for installation, erection and commissioning Read more
Adani Green Energy Ltd (AGEL) has extended its Construction Financing Framework to $1.64 billion by raising a $288-million facility for its under-construction renewable asset portfolio, the company said in a release. This facility has been raised through definitive agreements Read more
With the advent of digitalization, there is disruption in the traditional electricity value chain, notes Rohit Barde. In India, power business is asset-heavy and decentralized. Being a subject in the Concurrent list (falling under both state and Central government Read more
The Energy Policy Institute at the University of Chicago (EPIC India) has signed an MoU with REC Ltd and REC Power Development and Consultancy Ltd (RECPDCL) to enable an evidence-based approach to improve the electricity distribution utility performance Read more
The Union power minister R.K. Singh emphasized that India, thanks to its ongoing energy transition, will be the biggest market in the world for electrical equipment, at least up to 2030. Singh was speaking at an event to launch Read more
Torrent Power has entered into formal agreements to acquire 51 per cent equity stake in the special purpose vehicle “Dadra & Nagar Haveli and Daman & Diu Power Distribution Corporation Ltd”. With this, Torrent Power is set to Read more
ITI Ltd has consolidated its position as a ‘go to’ player for both PSU and private companies in the Data Center space, a company release observed. ITI’s Data Center business has served over 50+ customers over the past 12 Read more
E2S Power, a Switzerland-based developer of thermal energy storage solutions, and domestic power utility India Power Corporation Ltd (IPCL), have signed a memorandum of understanding to work closely on transforming fossil fuel power stations in India into thermal Read more