In a major development, Adani Transmission Ltd has reported the winning of two interstate power transmission projects under the tariff-based competitive bidding (TBCB) mechanism. Both the projects were awarded by bid process coordinator PFC Consulting Ltd, and will be Read more
NTPC Ltd has signed a memorandum of understanding with Greater Noida Industrial Development Authority (GNIDA) for sourcing refuse derived fuel (RDF) that will be later used to green power. As per the MoU, GNIDA will be Read more
"The rooftop solar sector has suffered the most significant CY 2021 due to the proposal to limit net metering. The so-called “right of consumers acts 2021” has worked against consumers by reducing the earlier cap of 1 MW to Read more
In two separate developments, German financial institution KfW Group will be providing loans to support India’s development projects in the field of power T&D and renewable energy. The first agreement was between Government of India and KfW for a Read more
SJVN Ltd has entered into an MoU with Damodar Valley Corporation (DVC) for setting up renewable energy projects, including ground-mounted and floating solar plants. The two Central PSUs, both falling under the power ministry, will tap the renewable energy Read more
Central Electricity Regulatory Commission (CERC) has recently adopted the tariff for procurement of power of 2,500 mw under “Pilot Scheme-II”, for a period of three years. In its order dated December 22, 2021, CERC has adopted the tariff of Read more
“The wires and cables industry in India witnessed a significant growth of 10 per cent last year. Having always been an essential part of the manufacturing industry and with the added impetus provided by the recently introduced government Read more
Transformers & Rectifiers (India) Ltd has reported the winning of an order from the Gujarat state transmission utility. In a stock exchange filing, TRIL said that Gujarat Electricity Transmission Corporation Ltd (GETCO) has placed an Read more
ABB India has announced that it will hive off and sell its turbocharger business to a new wholly-owned subsidiary. In a stock exchange communication, ABB India said that its board has approved the creation of a new wholly-owned subsidiary. Read more
Linxon has won its first strategic long-term framework agreement for the turnkey delivery of high voltage substations in Ireland. The agreement is with Electricity Supply Board (ESB) in the Republic of Ireland, and runs from 2021 to 2024. The Read more