T&D News

IEX begins FY24 with 6 per cent volume growth

 

Indian Energy Exchange (IEX) recorded a 6 percent growth in overall volumes in April 2023, the inaugural month of FY24.

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Airtel partners with Secure Meters for NB-IoT smart meters in Bihar

 

Bharti Airtel has announced its partnership with Secure Meters for deploying Narrow Band (NB-IoT) services that will power 1.3 million homes in Bihar through a smart meter solution.

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“KPS1 Transmission Ltd” transferred to Megha Engineering

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has transferred the project SPV “KPS1 Transmission Ltd” to the successful developer Megha Engineering & Infrastructures Ltd (MEIL).

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IndiGrid raises long-term finance from IFC

IndiGrid New | T&D India

 

India Grid Trust (IndiGrid) has announced that International Finance Corporation (IFC) has subscribed to a listed NCD issuance of IndiGrid, aggregating Rs.1,140 crore.

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NCT recommends TBCB mode for three ISTS schemes

KEC

 

The National Committee on Transmission (NCT), in its recent meeting, has recommended three interstate transmission system (ISTS) schemes to be implemented under the tariff-based competitive bidding (TBCB) mechanism. The recommendation has been forwarded to the Union power ministry for final approval.

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Adani Transmission completes four TBCB projects in FY23

Adani Ghatampur LR | T&D India

 

Adani Transmission Ltd (ATL) has fully commissioned four transmission schemes under the tariff-based competitive bidding (TBCB) route during FY23, according to a recent investor update filed by the company on stock exchanges.

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NCT approves ISTS scheme for RE evacuation in Solapur

 

The National Committee on Transmission (NCT), in its recent meeting, approved an interstate transmission system (ISTS) scheme for the evacuation of 1,500 MW worth of upcoming renewable energy projects at Solapur in Maharashtra.

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Hartek Power commissions reactor at PSTCL’s Dhuri substation

 

Hartek Power Pvt Ltd has completed the supply, installation, testing, and commissioning of a 400kV / 125MVAr reactor at the 400/220kV Dhuri substation in Punjab.

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AEML finances entire FY23 capex through internal accruals

Adani Trans 03 | T&D India

 

Adani Electricity Mumbai Ltd (AEML) has financed its entire capital expenditure incurred in FY23, through internal accruals, a company statement said.

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AEML adjudged best utility in power ministry’s rating exercise

Adani AEML Disaster Control Centre | T&D India

Adani Electricity Mumbai Ltd (AEML) topped the country’s 71 electricity distribution companies for its overall governance including financial sustainability, performance excellence and external environment, a release by AEML said.

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