Inspired by higher production, Western Coalfields Ltd (WCL), a subsidiary of Coal India Ltd, has decided to offer additional quantum of coal to power generators, and that too, at a lower landed price. This move by WCL will help Read more
On the occasion of World Electric Vehicle Day, ABB has announced new chargers for various locations in India. World EV Day, inaugurated on September 9, 2020, is an endeavour instituted by ABB in partnership with Green TV. (Visit Read more
Singapore-registered Esoteric II Fund Pte Ltd (Esoteric) has proposed to seek induction as the “sponsor” of IndiGrid, India’s first infrastructure investment trust (InvIT) in the power sector. Esoteric has approached Sterlite Investment Managers Ltd (the investment managers to IndiGrid) Read more
In a significant move, the Cabinet Committee on Economic Affairs (CCEA) has approved monetization of assets of Power Grid Corporation of India Ltd (PGCIL) through the Infrastructure Investment Trust (InvIT) model. Asset recycling is a key strategy of the Read more
IEEMA, the apex industrial body of the electrical equipment industry, has decided to organise a virtual exhibition to showcase AatmNirbhar Bharat for its domain industry. The exhibition “Digielec Bharat” being a virtual exhibition will technically be open throughout the Read more
Power Grid Corporation of India has announced that Pole-1 of the HVDC bipole link between Raigarh (Chhattisgarh) and Pugalur (Tamil Nadu) was put in commercial operations on September 6, 2020. PGCIL has elaborated that the following assets have been Read more
To sharpen its focus on the national “AtmaNirbhar Bharat” mission, Bharat Heavy Electricals Ltd has recently set up a new dedicated business vertical called “Make in India Business Development Group,” within the company. This effort is aimed at ensuring Read more
Larsen & Toubro, in a stock exchange filing, said that its power T&D business has received major orders in the domestic and international markets. The orders include power T&D infrastructure in Telangana and Oman, apart from electrical systems for Read more
The Eastern Region System Strengthening (ERSS) – XVIII scheme being developed by Power Grid Corporation of India, under the TBCB mode, is scheduled for completion in October this year. ERSS-XVIII that aims at improving power transmission connectivity to West Read more
Sterling and Wilson Solar Ltd (SWSL) has signed orders worth A$300 million (around Rs.1,600 crore) in Australia. The orders, signed along with the company’s branch and Australian subsidiary, involves two large-scale solar projects, with a total installed capacity Read more