Adani Power, in a regulatory notification, said that it has planned to acquire DB Power Ltd, subject to fulfillment of statutory approvals, at an enterprise value exceeding Rs.7,000 crore. DB Power Ltd owns and operates a 2x600-mw coal-fired power Read more
NTPC has announced the capturing of its first stream of carbon dioxide from one of its coal-based power plants. On August 15, 2022, NTPC captured its first CO2 ever from the flue gas stream of Unit-13 of the Vindhyachal Read more
Apex industry body IEEMA (Indian Electrical & Electronics Manufacturers’ Association) has been addressing the critical issue of power quality through its Capacitors & Power Quality (CAPQ) division for Read more
Power Systems Corporation (Posoco) on August 18, 2022, has reportedly instructed the three power exchanges in the country to restrict select discoms from trading on the exchanges’ platform. It is learnt that Posoco has formally written to the three Read more
Inflation in key raw materials is on an unprecedented rise over the past two years, adversely impacting the industry and supply chain. Both owners and contractors are today facing a piquant situation with respect to executing fixed-price contracts. Read more
The grid of the future will be dominated by DC-based power sources like solar and wind, as well as battery-based consumption avenues like electric vehicles. Switching from AC to DC at Read more
Saint-Gobain India and Cleantech Solar, have partnered to commission an 18.7-mw solar PV system at Cleantech’s Solar Park in Tamil Nadu. In a release, Saint-Gobain India said that this project supports Saint-Gobain Group’s commitment to achieve carbon neutrality by Read more
Noida-headquartered Srex Power India has won an order from Vivo Mobile India to build an EHV substation in Uttar Pradesh. In a release, Srex Power India said that the 220kV gas insulated switchgear (GIS) substation would help meet the Read more
Tata Power Delhi Distribution Ltd has an MoU with Delhi Skill Entrepreneurship University (DSEU) in New Delhi. As part of this MoU, DSEU will support in the introduction of Advanced Courses at Tata Power DDL’s vocational training centres. Skilled Read more
Power Grid Corporation of India Ltd (PGCIL) plans to capitalize assets worth Rs.11,000 crore in FY23, according to a company presentation. PGCIL’s capitalization target of Rs.11,000 crore is in excess of its capital expenditure (capex) target for FY23 that Read more