Posts by T&D India
Power exchanges account for half of short-term electricity market: IEX
- May 14, 2021
Power exchanges accounted for over half of the overall short-term electricity market during FY21, according to an investor presentation by Indian Energy Exchange (IEX). This metric has steadily improved from 30.2 per cent in FY16. A recent presentation by Read more
Copper prices scaling new highs due to surging demand, low supply
- May 14, 2021
Copper prices are touching new highs, thanks to spiraling demand that is not being matched by adequate supplies. A newly-released report by CARE Ratings, said that copper prices on LME (London Metal Exchange) touched $10,417 per tonne in May Read more
Odisha discoms, solar EPC orders boost Tata Power revenues in FY21
- May 13, 2021
Consolidated revenues of Tata Power in FY21 rose 14 per cent to Rs.33,079 crore from Rs.28,948 crore in FY20, mainly due to acquisition of power discoms in Odisha, and higher execution of solar EPC projects, a company release Read more
KEC International furthers presence in metro rail space
- May 13, 2021
KEC International has landed its sixth order in the urban transit space, apart from winning mandates in its core area of power transmission and distribution. In a release, KEC International reported the winning of orders of Rs.1,514 crore, across Read more
Cabinet approves PLI scheme for advanced battery storage
- May 13, 2021
The Cabinet, chaired by Prime Minister Narendra Modi, has approved the proposal for implementation of the Production Linked Incentive (PLI) scheme for advanced battery storage. Proposed by Department of Heavy Industries (DHI), the “National Programme on Advanced Chemistry Cell Read more
Largest single-location solar project in Uttar Pradesh commissioned
- May 12, 2021
EPC contractor Vikram Solar, for project owner NTPC, has commissioned what could be the largest single-location solar power project in Uttar Pradesh. In a release, Vikram Solar announced that it has completed an 85-mw grid-connected solar photovoltaic plant for Read more
Three states yet to file tariff orders for FY22
- May 12, 2021
At least three states, including Maharashtra and Kerala, had not filed their tariff orders for FY22, up to April 28, 2021. The power ministry in a recent letter to all state governments has stressed on the importance of Read more
KEC reports year-on-year order inflow growth in FY21
- May 12, 2021
KEC International has reported new order inflow of nearly Rs.12,000 crore in the year ending March 31, 2021, marking a 4.8 per cent year-on-year growth. The order inflows for FY21 (April 1, 2020 to March 31, 2021) stood at Read more
Kalpataru Power records over Rs.8,400 crore order inflows in FY21
- May 12, 2021
Kalpataru Power Transmission, in a release announcing its recent financial results, said that it received new orders worth Rs.8,443 crore in the year ending March 31, 2021. As of March 31, 2021, the company’s outstanding order book position was Read more
Siemens reports 17pc growth in new order inflow in Q2 of FY21
- May 11, 2021
Siemens Ltd has reported a 16.9 per cent year-on-year growth in new orders during the second quarter (January 1, 2021 to March 31, 2021) of its financial year ending September 30, 2021. In a release, Siemens said that the Read more