ABB Power Grids India has signed an MoU with National Institute of Technology, Warangal (NITW) for cooperation to drive smart electric grid technology education, skills development and research activities. For a nation-wide smart electric grid, India’s education system and Read more
Power Finance Corporation ended FY20 on a strong note despite numerous challenges including outbreak of COVID 19. The lending institution recorded loan sanctions of more than Rs. 1 lakh crore and loan disbursements of about Rs.68,000 crore in FY20. The Read more
Salesforce and Siemens have announced a strategic partnership to develop a new workplace technology suite that will support businesses globally to safely reopen and deliver the future experience for physical workplaces. The partnership will combine Salesforce's Work.com, powered by Read more
RWE is making its power station control system fit for the future by adopting a new technology. Optime, a new SCADA system based on Siemens Spectrum Power, gives RWE a uniform control technology. By connecting numerous small units, RWE Read more
With the first quarter of FY21 ending with little economic activity, Power Grid Corporation of India (PGCIL) has pegged its capital expenditure for the year much lower at Rs.10,500 crore, as against Rs.15,313 crore in FY20. As of March Read more
ICRA feels that reduction in REC prices will negatively impact REC-registered projects while it is a positive for obligated entities like discoms. Central Electricity Regulatory Commission (CERC) vide its order dated June 17, 2020 reduced the forbearance prices and Read more
Power Grid Corporation of India expects to complete the 800kV Raigarh-Pugalur HVDC line by December 2020, the Central PSU said in an investor presentation. During FY20, PGCIL completed the low-power testing of the aforementioned bipolar HVDC link while the Read more
thyssenkrupp Elevator (India) has launched advanced elevator and escalator sanitizing solutions, with a view to making its every elevator and escalator a safe and healthy space for its passengers. Not to mention, the elevator world is witnessing major changes Read more
During the COVID-19 lockdown months, smart meters boosted commercial efficiency of Tata Power Delhi Distribution Ltd, the utility said in a statement. These meters have also proved beneficial to consumers. The smart meters proved to be extremely beneficial for Read more
Being in the essential service of electricity, Power Grid Corporation of India did not see any impact of the COVID-19 lockdown in FY20. However, the impact assessment of COVID-19 is a continuing process given the uncertainties associated with Read more