Minority shareholders of GE T&D India have not approved the proposed sale of its Global Engineering Operations Division (GEOD) to GE India Industrial Pvt Ltd (GIIPL). In an investor presentation, GE T&D India said that it could not secure Read more
KEC International Ltd, in a release, announced that it has won new orders, aggregating Rs.937 crore, across its various businesses. The power T&D business secured orders worth Rs.418 crore for projects in India, Middle East and the Americas. The railways Read more
Power Finance Corporation (PFC) has incorporated a new step-down subsidiary that will act as a special purpose vehicle for a power transmission scheme to be developed under the TBCB regime. In a stock exchange communication, PFC said that its Read more
Siemens Ltd will deliver advanced power transmission equipment with integrated digital technologies to three steel manufacturers from Jalna MIDC belt, Maharashtra, the company said in a release. The three beneficiary companies are Icon Steel, Geetai Steels and Gajkesari Steels Read more
Bharat Heavy Electricals Ltd (BHEL) received new orders worth Rs.3,555 crore in the hydropower sector during FY21, making it the highest-ever in any year. In an investor presentation, BHEL said that these new Rs.3,555-crore orders in the hydropower sector, Read more
"Making EVs more affordable is a positive move but policy has to also account for the ecosystem that enables EVs. Charging infrastructure development requires a significant boost in the country through government support and intelligent power technologies. If Read more
Goldi Solar has planned a new solar module manufacturing facility with an annual capacity of 2 GW in Gujarat, taking the company’s total module capacity to 2.5 GW. The current manufacturing facility, also located in Gujarat, has an Read more
Transformers & Rectifiers (India) Ltd has landed an order to supply transformers to Gujarat Energy Transmission Corporation Ltd. In a stock exchange filing, TRIL said that it has been awarded an order to supply transformers valued at Rs.66 Read more
CG Power & Industrial Solutions Ltd (CG) has reported higher order inflows and sales during Q4 (January to March) of FY21. In a release, CG said that its “Power Systems” division recorded aggregate sales of Rs.282 crore during Q4 Read more
Sterling and Wilson Solar Ltd has announced the appointment of Amit Jain as Global CEO. Jain succeeds Bikesh Ogra, who relinquished the position with effect from May 31, 2021. Ogra will continue as a Director on the Board Read more