“I invite electrical companies to set up their industries and manufacture components, which we are importing,” noted R.K. Singh, Union power minister, in his inaugural address at the virtual exhibition “DistribuELEC”, being organized by apex industry body IEEMA. Against Read more
The board of directors of Power Grid Corporation of India Ltd (PGCIL) has approved the acquisition of the entire equity stake of Jaypee (Jaiprakash) Group in a bipartite joint venture. In a stock exchange filing, PGCIL said Read more
With carriage and content separation in power distribution, we foresee carriage (wires) will continue to be owned by the government but we will foresee good number of competition on content side (units or kwh) from private players. Read more
Schneider Electric has unveiled its vision for universal automation and the first of its kind, EcoStruxure™ Automation Expert, a new category of software-centric industrial automation system. Through this launch, the company aims to accelerate its drive to Read more
Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL. Read more
NLC India Ltd has announced that commercial operation of Unit-2 of its NNTPP (500 mw) has been declared on February 10, 2021. It may be recalled that on February 5, 2021, NLC India (formerly Neyveli Lignite Corporation) Read more
Premier Energies has announced its plans to set up a new state-of-the-art facility for manufacturing solar photovoltaic equipment, at E -City Hyderabad. Coming up on 25 acres of land, this greenfield plant will have an integrated capacity Read more
Vertiv Holdings Co, a global provider of critical digital infrastructure and continuity solutions, has announced that Stephen Liang has been appointed to the newly created role of chief technology officer (CTO). Read more
ndian Energy Exchange (IEX) has announced further divestment of 5 per cent equity stake in Indian Gas Exchange (IGX) to GAIL (India) Ltd. With 15 members and more than 500 registered clients, IGX currently operates from three Read more
GE Power India Ltd has maintained the order inflow in Q3 (October to December) of FY21 as compared with that in the immediately preceding quarter. In an investor presentation filed on the stock exchanges, GE Power India Read more