2021
Exports boost TRIL’s performance in FY21
- May 26, 2021
An impressive show on the exports front, especially in Q4, bolstered the overall performance of Transformers & Rectifiers (India) Ltd (TRIL) during FY21. (Also see news update at the end of the story) According to an investor presentation Read more
Wärtsilä to commission 30-mw power plant for Oil India by November 2022
- May 26, 2021
The 30-mw power plant that technology group Wärtsilä has been mandated to supply to Oil India Ltd on EPC basis, is targeted for commissioning by November 2022. The ground breaking ceremony for the captive power plant was held on Read more
Bajaj Electricals board approves merger of Starlite Lighting
- May 25, 2021
The board of Bajaj Electricals Ltd (BEL), in a meeting held on May 25, 2021, approved a scheme for “merger by absorption” of Starlite Lighting Ltd, with BEL. This scheme is subject to various statutory and regulatory approvals, including Read more
NHPC places EPC order on Tata Power Solar
- May 25, 2021
NHPC, in a release, said that it has placed an EPC order on Tata Power Solar Systems Ltd for a solar project in Odisha. The EPC order worth Rs.188.19 crore was placed on May 24, 2021, for development of Read more
Sarda Energy & Minerals to soon start operations at Sikkim hydropower plant
- May 25, 2021
Sarda Energy & Minerals Ltd (SEML) is on course to shortly start commercial operations at its greenfield hydropower project in Sikkim. In an investor presentation, SEML with business interests in mining, steel and ferro alloys, said that it has Read more
PGCIL commissions transformer in Nagaland on fast-track basis
- May 25, 2021
Responding to a call by the Nagaland government, Power Grid Corporation of India Ltd (PGCIL) commissioned a transformer in the northeastern, within just two days. A government release said that to reduce the instances of power interruptions and to Read more
Salasar Techno wins Rs.238-crore order in northeastern region
- May 24, 2021
Salasar Techo Engineering Ltd has announced that the company has won orders valued at Rs.238.65 crore for power transmission works in Arunachal Pradesh. In a stock exchange communication, the company said that the orders were placed by Power Grid Read more
Discoms dues fall year-on-year in March 2021
- May 24, 2021
In a welcome contrast, outstanding dues payable by discoms fell year-on-year in March 2021, according to newly-released government statistics. Data relating to March 2021 was released on the PRAAPTI portal recently. Here are some highlights: Read more
Olectra Greentech consortium emerges L1 for Rs.250-crore electric bus order
- May 24, 2021
A consortium of Evey Trans Pvt Ltd (EVEY) and Olectra Greentech Ltd has emerged as the L1 bidder for a Rs.250-crore order for electric buses. The consortium has been declared L1 bidder by an unnamed state transport corporation under Read more
The way this privatization process was handled is really commendable: Tata Power
- May 24, 2021
Tata Power took over power distribution in Odisha by acquiring erstwhile state government-owned discoms—CESU, NESCO, WESCO and SOUTHCO. Tata Power will now have majority equity stake and management control in these Read more