2022
NHPC board approves monetization of future cash flows
- Aug 11, 2022
The board of NHPC that met on August 10, 2022 has approved a proposal for monetization of future cash flows. In a communication to stock exchanges, NHPC said that its board considered and approved the proposal for monetization of Read more
Siemens consortium wins S&T order for Kolkata Metro
- Aug 10, 2022
A consortium of Siemens Ltd and Siemens Mobility GmbH has secured an order from Rail Vikas Nigam Ltd for signaling and telecommunication (S&T) of the Kavi Subhash-Biman Bandar Corridor (32 km) and Joka-Esplanade Metro Corridor (16 km) of Read more
Torrent Power cuts T&D losses across franchised areas
- Aug 10, 2022
Torrent Power has reported lower T&D losses across all its three distribution franchisee areas – Bhiwandi, Agra and SMK – in Q1 of FY23, according to a recent investor presentation. In the Bhiwandi franchisee area in Maharashtra, T&D losses Read more
Court convicts Tata Power DDL consumer under cheque-bounce case
- Aug 10, 2022
The Hon'ble Judge, Digital Court Central, Tis Hazari has convicted a Tata Power Delhi Distribution Ltd consumer with Rs.1,90,000 as compensation under Section 357 of the Code of Criminal Procedure (CrPC) or three months of imprisonment on account Read more
Electricity (Amendment) Bill, 2022, tabled in Parliament, referred to standing committee
- Aug 9, 2022
The much-awaited Electricity (Amendment) Bill, 2022, was introduced in the Lok Sabha on August 8, 2022, amid protests by opposition members. The Bill was then referred to a Parliamentary Standing Committee for further examination. The Bill was introduced in Read more
Skipper expects rise in share of engineering exports revenue
- Aug 9, 2022
Skipper expects that exports will account for a higher share of engineering revenue in the coming years, according to the company’s director Sharan Bansal, quoted in a company release. In a release, Bansal noted that there has been a Read more
Genus Power Infrastructures: Order book touches Rs.1,855 crore
- Aug 8, 2022
The outstanding order book of Genus Power Infrastructures stood at Rs.1,855 crore, as of June 30, 2022, as against Rs.1,080 crore as of end-March 2022, the company said in an investor presentation. According to Jitendra Kumar Agarwal, Joint Managing Read more
CSRD report: Only two discoms score highest overall grade
- Aug 8, 2022
According to the “Consumer Service Rating of Discoms” (CSRD) report, newly released by the Union power ministry, only two discoms scored the highest “A+” grade. It is also found that over half of electricity consumers were being served by Read more
BHEL sustains year-on-year decline in Q1FY23 order inflow
- Aug 8, 2022
Bharat Heavy Electricals Ltd (BHEL) witnessed a significant year-on-year decline in its order inflow during the first quarter (Q1: April to June) of FY23. According to an investor presentation filed on stock exchanges Read more
Power minister chairs Review Planning & Monitoring meeting with state utilities
- Aug 6, 2022
The Review Planning & Monitoring (RPM) meeting with States and State Power Utilities was held on August 5, 2022, under the chairmanship of Union power minister R.K. Singh. The meeting deliberated on several issues of national importance in the Read more