The following story, prepared on the basis of a report by ICICI Securities Ltd, provides a gist of the important power sector-related reforms announced by the Central government, over the past few days. PFC/REC loans: The fiscal support includes Read more
Sterling and Wilson Solar Ltd, along with its branch and Australian subsidiary, has announced that it has signed an EPC contract of approx. AUD 525 million (Rs.2,600 crore), which is its largest order in Australia. The order, Read more
Full-scale testing of HVDC circuit breakers and HVDC GIS has been successfully conducted and demonstrated at KEMA Labs, a release from CESI said. Due to the crucial role of offshore HVDC grids, newly developed test methods and circuits are Read more
Toshiba group in India is contributing to disaster relief funds of state governments to support these governments towards the fight against the pandemic as well as other CSR activities approved by Government of India, to help Indian society Read more
Power discoms in Bihar are earning recharge revenue of Rs.5 lakh per day, thanks to smart prepaid meters, a release from EESL has observed. EESL (Energy Efficiency Services Ltd) has installed around 25,000 smart prepaid meters in Bihar. Consumers Read more
Legrand India has initiated supporting the local government in the creation of quarantine centres and isolation wards in Kolkata, Odisha and Chhattisgarh. They are working with various government stakeholders across the nation with electrical products to be used Read more
Siemens has seen heightened interest from its customers in digitalization solutions to enable them to reduce their capex requirements, according to Sunil Mathur, Managing Director and Chief Executive Officer, Siemens Ltd. Mathur’s comments came after the company announced its Read more
The industry has welcomed the stimulus package announced for power distribution companies. This is part of the Rs.20 trillion special economic package announced by the Prime Minister on May 12, 2020. This package, aimed at alleviating the economic Read more
ReNew Power has been declared winner of India's first e-Reverse Auction for 400 MW RE (Renewable Energy) Project with round the clock supply. Power generated by the project will be supplied to NDMC, Daman & Diu, and Read more
Energy Efficiency Services Ltd (EESL) has enabled electricity distribution companies (discoms) to achieve around 95 per cent billing efficiency by using smart meters amid this lockdown, a release from EESL said. smart meters also helped realize a 15-20 Read more