Indian Energy Exchange (IEX) said that its Real Time Electricity Market (RTM) accomplished volume of 515.46 MU (million units or million kwh) in June 2020 –the first month of operations of the new segment. A total of 237 Read more
Installation began in May 2020 on the first major project in Europe featuring ACCC AZR Conductor, CTC Global’s new conductor variant featuring the use of AT3 alloy for exceptional wind/ice performance. TenneT Netherlands had a need to upgrade their Read more
In view of the nationwide lockdown in May 2020, the eight core industries suffered a decline of 23.4 per cent in May 2020. However, this was still better than the 37 per cent fall seen in April 2020. Read more
NKT has been awarded its largest order ever -- of over 1 billion Euros .Placed by TenneT and TransnetBW, the contracts comprise the supply and installation of a 525kV XLPE high-voltage DC (direct current) onshore cable system with Read more
ANDRITZ has received an order from Chenab Valley Power Projects Pvt Ltd to supply the complete electro-mechanical equipment for the 624-mw Kiru run-of-river hydropower plant located on the Chenab River in Kishtwar district, Jammu & Kashmir. The contract, with Read more
The southern region comprising Karnataka, Tamil Nadu, Andhra Pradesh, Telangana and Kerala account for most of the power transmission infrastructure currently under construction, according to government statistics. As per “Tarang”, the Union power ministry’s official website for power transmission, Read more
Sterling and Wilson Solar Solutions, Inc (SWSS), the US-based subsidiary of Sterling and Wilson Solar Ltd announced that it has been awarded a USD 99 million (Rs.747 crore) contract to construct a 194-mw project in the USA. It is Read more
Sterlite Power has announced the acquisition of Vapi II North Lakhimpur Transmission Ltd (VNLTL), a special purpose vehicle from PFC Consulting Ltd. WRSS-XIX and NERSS-IX will serve the growing power needs of Mumbai region, and improve renewable power availability Read more
Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd. This project is critical to Mumbai as Read more
Power Grid Corporation of India (PGCIL)’s order inflow of Rs.13,414 crore in FY20 was equally balanced between RTM (regulated tariff mechanism) and TBCB (tariff-based competitive bidding) power transmission projects. According to an investor presentation of PGCIL, accompanying the annual Read more