Central PSU NHPC has taken over its second hydropower project through a resolution plan approved by the National Company Law Tribunal (NCLT). NHPC, in a statement, said that it signed a definitive agreement on January 13, 2021, for implementation Read more
CESC Ltd in a stock exchange filing today (January 13, 2021) said that its board has decided to reorient and reorganize the company’s power distribution business. The proposed consolidation will exclude CESC's power distribution business in Kolkata. Accordingly, the power Read more
Today’s electrical grid is getting complex, not merely because of the quantum of electricity transmitted but due to other factors like increasing injection of renewable-based energy. The concept of grid stability Read more
Vikram Solar has announced the expansion of its retail footprint with the entry into Raipur, Chhattisgarh. The company tied up with Express Tradecom Private Ltd (Express Tradecom) to boost the retail distribution network in Raipur, Chhattisgarh. Express Tradecom is Read more
HPL Electric & Power Ltd is bullish on opportunities in the smart metering space, according to the company’s Joint Managing Director, Gautam Seth. The diversified electrical equipment company, while announcing its financial results for Q3 (October to December) of Read more
Tata Power Delhi Distribution Ltd TPDDL), supplying electricity to a populace of 7 million in North and North-West Delhi, has launched its official brand mascot ‘Roshni’ to convey information on various topics to the consumers via company’s digital Read more
In a very significant development, Securities & Exchanges Board of India (SEBI) recently granted the certificate of registration to “Powergrid Infrastructure Investment Trust”, an infrastructure investment trust (InvIT) sponsored by Power Grid Corporation of India Ltd. According to information Read more
There has been insignificant addition of 765kV transmission lines in the ongoing fiscal year, so far, according to statistics newly released by Central Electricity Authority (CEA). These CEA statistics giving the latest update on power transmission capacity addition by Read more
Sterlite Power has raised Rs.200 crore in debt financing from Allianz Global Investors, the global power transmission player said in a release. This transaction is one of the first infrastructure sector financing deals for Allianz GI -- one of Read more
KEC International Ltd has secured new orders of Rs.1,024 crore across its various businesses, the RPG Group company said in a statement. The Power Transmission & Distribution business landed orders for various projects in India, Middle East, Africa and Read more