Central Electricity Regulatory Commission (CERC) has served a show-cause notice to as many as 129 transmission licensees following their non-compliance of Standards of Performance (SOP) regulations.
Quality Power Electrical Equipments Ltd has announced the acquisition of a 76 per cent equity stake in Veeral Controls Pvt Ltd, a Gandhinagar-based company with over three decades of experience in high current power electronics and industrial power conversion systems.
Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL) has newly incorporated a wholly-owned subsidiary to act as a project special purpose vehicle (SPV) for developing a 765kV AIS substation in Maharashtra, under the tariff-based competitive bidding (TBCB) mechanism.