T&D News

HPL_R & D Center | T&D India

HPL Electric & Power sets up R&D centre for smart meters

HPL Electric & Power has established a new R&D centre for smart meters. The new facility aims to incorporate the recent advancements in smart technologies and materials for the development of new generations of smart metering products.

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AEML plans Rs.16,000 crore capex from FY20 to FY30

AEML | T&D India

Adani Electricity Mumbai Ltd, part of the Adani Group, has planned to undertake capital expenditure of Rs.16,603 crore for the period FY20 to FY30, the integrated power utility said in a recent investor presentation.

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IEX sees 13.2pc volume growth in Q2 of FY21

KEC Oman | T&D India

Indian Energy Exchange (IEX) has seen a year-on-year increase of 13.2 per cent in volume of electricity traded in Q2 of FY21.

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Delays in sourcing components hampering Bhuj-II transmission project

GIS Substation Bhuj | T&D India

According to a recent report by Central Electricity Authority (CEA), delays in sourcing components by Bharat Heavy Electricals Ltd for 765kV transformers and reactors is adversely affecting the progress of the Bhuj-II transmission project.

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Sterlite Power achieves financial closure for Vapi-North Lakhimpur Project

Sterlite

Sterlite Power has achieved financial closure for its Vapi II North Lakhimpur Transmission Ltd (VNLTL) project, the company said in a release.

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Total discom dues rise 40 per cent in August 2020

PGCIL InvIT LowRes | T&D India

The total outstanding dues payable by state-owned distribution companies to power generators grew 40.5 per cent year-on-year, to reach Rs.1,31,985 crore on August 31, 2020.

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Interregional grid capacity to cross 118 GW by FY22

IndiGrid

The interregional power transmission capacity of the National Grid is expected to cross 118 GW by March 2022, according to a report by CEA.

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Bihar state transco completes reconductoring project

ACCC Bihar project India | T&D India

Bihar State Power Transmission Company Ltd (BSPTCL) has successfully completed three more reconductor projects using ACCC® Casablanca, a release from CTC Global, the owners of ACCC technology said.

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Odisha CM inaugurates three power transmission elements

indravati HEP | T&D India

Chief Minister of Odisha Naveen Patnaik recently inaugurated, through video conference, three power transmission elements in Odisha’s Kalahandi district.

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Power trading transactions exempted from new TDS and TCS

PGCIL

The Central Board of Direct Taxes of India (CBDT) has exempted power trading transactions   through online exchanges from the newly imposed section 194 (O) – TDS on E-Commerce Transactions & section 206C (1H) – TCS on Sale of Goods on e-commerce platform, of Income tax Act, 1961.

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