Electricity trading volumes on the Indian Energy Exchange (IEX) recorded a 44 per cent year-on-year growth in the first quarter (April to June) of FY22. The total trading volume during the first quarter stood at 21,340 MU (million units Read more
Maharashtra Electricity Regulatory Commission (MERC), in a recent order, approved the combined power purchase agreement (PPA) associated with a short-term power procurement of 14 mw by KRC Discoms. MERC has approved the combined PPA signed between the supplier Kreate Read more
"From a growth perspective, the company has a clear plan with focus on renewables and distribution businesses. Within the renewables segment, the company continues to build both the renewables’ utilities and consumer renewables businesses. As a utility-scale generator of Read more
Central Electricity Regulatory Commission (CERC) has allowed Reliance Infrastructure firms BSES Yamuna Power and BSES Rajdhani Power to exit power purchase agreements with NTPC Dadri-I power plant, which completed 25 years of service on November 30 last year. The Read more
Triveni Turbines Ltd (TTL), the market leader in the up to 30-mw steam turbine market, reported a total order booking of Rs.6.43 billion in FY21, which was 19 per cent lower, year-on-year. Total consolidated outstanding order book stood at Read more
GE Grid Solutions has extended the termination date of issuing new contracts for global engineering services to GE T&D India, by one month. The new deadline is July 31, 2021. GE T&D India, in a recent stock exchange filing, Read more
A total of 242 substations, or over 90 per cent of PGCIL’s total number of substations were being monitored remotely, as of March 31, 2021. During FY21, PGCIL added eight substations to its collection of remotely managed substations under Read more
The recent announcement regarding the Amendment to the Electricity (Rights of Consumers) Rules, 2020 is a clear misdirect at the behest of discoms to embellish the real update - the reduction of the net metering cap. The net metering Read more
OMRON’s electronic and mechanical component business division has announced the global launch of its high-power PCB relay– G9KA. This product improves the power generation efficiency of PV generation systems by minimizing energy loss caused by the heat generated by Read more
The board of Suzlon Energy Ltd has approved the company’s proposal to sell its 75 per cent equity holding in subsidiary company Suzlon Generators Ltd. In a stock exchange filing, Suzlon Energy said that the company’s entire equity holding Read more