2021
KKR-Backed Renewable Energy InvIT Gets “Stable” Rating
- Feb 12, 2021
Virescent Renewable Energy Trust (VRET), the Infrastructure Investment Trust (InvIT) proposed to be launched by KKR-backed Indian renewable energy platform Virescent Infrastructure, has received a ‘AAA/Stable’ provisional rating for its bank loan facilities from CRISIL. Read more
‘Power Distribution Reforms Will Usher In New Technologies’
- Feb 11, 2021
Ongoing reforms coupled with budgetary allocations will give rise to new technologies in the power distribution value chain, according to Sandeep Zanzaria, Chairman of DistribuELEC 2021, an upcoming event for power distribution stakeholders, being organized by apex Read more
NLC India Starts Commercial Operations At Unit 2 Of NNTPP
- Feb 11, 2021
NLC India Ltd has announced that commercial operation of Unit-2 of its NNTPP (500 mw) has been declared on February 10, 2021. It may be recalled that on February 5, 2021, NLC India (formerly Neyveli Lignite Corporation) Read more
Premier Energies Plans New Facility For Solar Cells And Modules
- Feb 11, 2021
Premier Energies has announced its plans to set up a new state-of-the-art facility for manufacturing solar photovoltaic equipment, at E -City Hyderabad. Coming up on 25 acres of land, this greenfield plant will have an integrated capacity Read more
Vertiv Appoints Liang In Newly-Created CTO Role
- Feb 10, 2021
Vertiv Holdings Co, a global provider of critical digital infrastructure and continuity solutions, has announced that Stephen Liang has been appointed to the newly created role of chief technology officer (CTO). Read more
IEX On-Boards GAIL (India) As Third Strategic Investor In IGX
- Feb 9, 2021
ndian Energy Exchange (IEX) has announced further divestment of 5 per cent equity stake in Indian Gas Exchange (IGX) to GAIL (India) Ltd. With 15 members and more than 500 registered clients, IGX currently operates from three Read more
GE Power India Maintains Q2 Order Inflow In Q3FY21
- Feb 9, 2021
GE Power India Ltd has maintained the order inflow in Q3 (October to December) of FY21 as compared with that in the immediately preceding quarter. In an investor presentation filed on the stock exchanges, GE Power India Read more
BCPL Railway Infrastructure Completes Electrification Project In West Bengal
- Feb 9, 2021
BCPL Railway Infrastructure Ltd, in a release, said that it has completed the electrification of the Nimitita—New Farakka section in West Bengal. BCPL has successfully conducted a trial run at 100 kmph on the newly electrified Nimtita Read more
Tata Power plans Rs.2,830 crore capex in WESCO and SOUTHCO
- Feb 6, 2021
Tata Power has planned capital expenditure of Rs.2,830 crore in two recently-acquired Odisha distribution companies, WESCO and SOUTHCO, over the next five years. According to information released by Odisha Electricity Regulatory Commission (OERC), Tata Power will invest Rs.1663 crore Read more
NTPC sees lesser reliance on imported coal in FY21
- Feb 6, 2021
NTPC has reported a significant drop in usage of imported coal during the third quarter (October to December) of FY21. According to a performance report filed by NTPC on stock exchanges, the total imported coal used by NTPC during Read more