2021
Waiver of ISTS charges on renewable energy to be phased out
- Nov 26, 2021
In a recent order, the Union power ministry has said that the waiver on interstate transmission system (ISTS) charges for electricity generated through renewable energy sources would be phased out gradually, beginning June 30, 2025. Renewable energy includes solar, Read more
Schneider Electric Launches “Green Yodha” initiative in India
- Nov 26, 2021
Schneider Electric has launched its sustainability engagement initiative in India, Green Yodha to encourage and support businesses, industries and individuals to come together and take concrete climate action. This urgent call to action intends to back the increased commitment Read more
ANDRITZ wins mandate for Lower Kopili hydropower project in Assam
- Nov 25, 2021
International technology group ANDRITZ has received an order to supply the complete electromechanical package for the Lower Kopili hydropower project, located on River Kopili in central Assam. The mandate was placed by Assam Power Generation Corporation Ltd (APGCL), a Read more
Cabinet approves formation of “DNH-DD Power Distribution Corporation Ltd”
- Nov 25, 2021
The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the formation of a special purpose vehicle to privatize electricity distribution business in the Union Territory of Dadra & Nagar Haveli and Daman & Diu. Accordingly, the formation Read more
Siemens records all-time high order backlog
- Nov 25, 2021
The order backlog of Siemens Ltd touched an all-time high of Rs.13,520 crore, as of September 30, 2021. In a release announcing the Q4 (July to September) financial results of FY22, Siemens said that new orders from continuing operations Read more
SJVN, PTC India to develop products for supplying RTC power
- Nov 25, 2021
SJVN Ltd has entered into an MoU with PTC India Ltd to collaborate on the development of products to supply round the clock (RTC) power. On this occasion Nand Lal Sharma, Chairman & Managing Director, SJVN Read more
Microtek plans expansion of FMEG product portfolio
- Nov 24, 2021
Microtek, which forayed in the electrical goods segment in 2019, is now planning to expand its product portfolio. A release by Microtek International Pvt Ltd said that the company was planning to add switches and fans to its FMEG Read more
Work on SJVN’s Buxar power plant (Unit-2) inaugurated
- Nov 24, 2021
Project work on SJVN’s Buxar thermal power plant (Unit-2) in Bihar was recently inaugurated at the hands of the company’s CMD, Nand Lal Sharma, in a virtual function. The 1,320-mw coal-fired power plant is equipped with two units Read more
Servotech bags off-grid solar project contract from UPNEDA
- Nov 23, 2021
New Delhi-headquartered Servotech Power Systems has won an off-grid solar project from Uttar Pradesh New & Renewable Energy Development Agency (UPNEDA). In a release, Servotech said that the order placed by UPNEDA involves supply, erection, testing and commissioning of Read more
TK Elevator takes first place in ESG rating by Sustainalytics
- Nov 23, 2021
TK Elevator has topped the global Sustainalytics ESG ranking in the field of machinery industry. In this category, the internationally-renowned rating agency analyzed over 500 organizations across the globe, awarding TK Elevator with a “Low Risk” rating, a release Read more