EPC player Kalpataru Power Transmission Ltd (KPTL) has announced the winning of new orders from both the domestic and overseas markets. A release from KPTL said that it has secured new orders worth Rs.1554 crore. While KPTL bagged power Read more
Union Power Minister R.K. Singh has said that the Mumbai power outage of October 2020 was caused by "human error" and there is no evidence to prove that it was trigged due to a cyber attack by China, Read more
On March 9 and 10, Asia Pacific’s power and energy sector comprising industry experts, government stakeholders, and thousands of customers will convene together at the region’s first-ever Siemens Energy Asia Pacific Energy Week virtual conference. Themed “Shaping the Energy Read more
The board of India Grid Trust (IndiGrid) has approved the acquisition of “NER II Transmission Ltd”, a wholly-owned subsidiary of Sterlite Power. In a stock exchange filing, IndiGrid, India’s first InvIT in the power sector, said that the acquisition, Read more
TK Elevator, a global player in the elevators and escalators market, has announced the launch of its new global brand, TKE. The new brand name results from the change in ownership that took place mid of last year. “The new Read more
Five assets have been identified for monetization with respect to the newly-formed Powergrid Infrastructure Investment Trust (InvIT), according to an investor presentation by Power Grid Corporation of India Ltd (PGCIL). The five assets represent operational transmission assets developed by Read more
Siemens Ltd, in a statement, said that it has closed the acquisition of C&S Electric Ltd after receiving the approval of Competition Commission of India on August 20, 2020 and the successful completion of further closing steps. The acquisition Read more
Bangalore Metro Rail Corporation (BMRCL) has awarded Linxon the complete power supply package (including third rail) for the new lines of the Phase II corridor Urban Mass Rapid Transit System in the city of Bangalore. Scope of works The Linxon Read more
KEC International Ltd, the RPG Group global EPC company, has secured new orders of Rs.1,140 crore across its various businesses. KEC lands its first order in hydrocarbon sector, as well as semi high-speed rail The power T&D business has clinched Read more
Sterling and Wilson Pvt Ltd (SWPL) has entered the electric mobility segment in India, by way of a 50:50 joint venture with Enel X. The JV intends to give a boost to the fast-evolving private e-mobility Read more