2021
Powergrid InvIT: Five assets identified for monetization
- Mar 1, 2021
Five assets have been identified for monetization with respect to the newly-formed Powergrid Infrastructure Investment Trust (InvIT), according to an investor presentation by Power Grid Corporation of India Ltd (PGCIL). The five assets represent operational transmission assets developed by Read more
Siemens completes acquisition of C&S Electric in India
- Mar 1, 2021
Siemens Ltd, in a statement, said that it has closed the acquisition of C&S Electric Ltd after receiving the approval of Competition Commission of India on August 20, 2020 and the successful completion of further closing steps. The acquisition Read more
Linxon lands complete power supply package for Bangalore metro rail
- Mar 1, 2021
Bangalore Metro Rail Corporation (BMRCL) has awarded Linxon the complete power supply package (including third rail) for the new lines of the Phase II corridor Urban Mass Rapid Transit System in the city of Bangalore. Scope of works The Linxon Read more
KEC International bags diversified orders worth Rs.1,140 crore
- Mar 1, 2021
KEC International Ltd, the RPG Group global EPC company, has secured new orders of Rs.1,140 crore across its various businesses. KEC lands its first order in hydrocarbon sector, as well as semi high-speed rail The power T&D business has clinched Read more
Sterling and Wilson to enter e-mobility segment, partners with Enel X
- Feb 27, 2021
Sterling and Wilson Pvt Ltd (SWPL) has entered the electric mobility segment in India, by way of a 50:50 joint venture with Enel X. The JV intends to give a boost to the fast-evolving private e-mobility Read more
ERDA gets accreditation for testing of telecom equipment
- Feb 26, 2021
ERDA, Vadodara has been recently accorded with the Certificate of Designation as Conformity Assessment Body (CAB) by Telecommunication Engineering Centre (TEC). With this accreditation, ERDA has opened its doors to telecom manufacturers for TEC-accredited testing of telecom equipment. ERDA’s Read more
India needs to boost efforts to protect power grids against hackers
- Feb 26, 2021
India has begun its journey to protect power grids against malware and hackers but needs to pick up the pace to head off the rising cyber security risk that will come Read more
Healthy growth in Q4 order inflow for Hitachi ABB Power Grids in India
- Feb 26, 2021
Hitachi ABB Power Grids in India witnessed a 34.2 per cent year-on-year growth in order inflows during the fourth quarter (Q4: October to December) of 2020. Order inflow stood at Rs.826 crore as against Rs.615.30 crore in the Read more
Ola begins construction on world’s largest two-wheeler factory, in TN
- Feb 26, 2021
Ola, a global mobility company, has begun construction of what is dubbed to be the world’s largest two-wheeler mega-factory. The plant is coming up on a 500-acre expanse in Tamil Nadu. The company announced a Rs.2,400-crore MoU with the Read more
TBCB Report Card for CY2020: Zero additions, four completions
- Feb 25, 2021
Not a single power transmission project, under the tariff-based competitive bidding (TBCB) route, was awarded during calendar year 2020, according to latest statistics released by Central Electricity Authority (CEA). What was widely speculated and discussed was confirmed by newly-released Read more