Power Grid Corporation of India Ltd (PGCIL) has set an initial guidance for capital expenditure (capex) for the ongoing fiscal year, FY27, at Rs.37,000 crore.
On the cusp of a massive upgrade, India’s power transmission sector is providing immense business opportunity to developers, contractors and equipment suppliers. However, signs of supply chain crunch are being felt, particularly with respect to high-voltage transformers where the envisaged demand is far in excess of current supply. In this exclusive interaction, we have Anand Sharma, Chief Operating Officer, Atlanta Electricals Ltd, sharing his views on supply chain-related issues, from the perspective of a leading transformer manufacturer, in conversation with Venugopal Pillai. While Sharma feels that Indian transformer makers are responding very positively to the situation by way of capacity expansion and backward integration, the situation can be improved through better planning and coordination among stakeholders.
Quality Power Electrical Equipments Ltd (QPE) announced that it executed a term sheet to acquire 100 per cent of the equity share capital of Winwin Speciality Insulators Ltd