India Grid Trust (IndiGrid), on July 30, 2022, signed the share purchase agreement (SPA) to acquire Raichur Sholapur Transmission Company Pvt Ltd (RSTCPL), an operational transmission asset, from its existing owners. The SPA was signed for acquisition of 100 Read more
Prime Minister Narendra Modi today (July 30, 2022) dedicated two of NTPC’s green projects to the nation — NTPC Ramagundam floating solar project (100 mw) in Telangana and NTPC Kayamkulam floating solar project (92 mw) in Kerala. Modi also Read more
GenCell Energy has announced entering a strategic partnership with the ONEC Group, a mid-sized Canadian project delivery company that has been providing EPC&M services for over 20 years. North American market Together the two companies aim to grow the presence Read more
Kalpataru Power Transmission Ltd (KPTL), along with its subsidiaries, has received new orders worth Rs.1,842 crore, the Mumbai-headquartered company said in a release. The new orders are: Metro rail electrification (India, secured in joint venture/consortium) Composite railway project (India, Read more
Hindustan Power Exchange (HPX), on July 28, 2022, launched three new trading segments —Day Ahead Market (DAM), Green Day Ahead Market (G-DAM) and Real Time Market (RTM). With the launch of these segments HPX has enhanced its portfolio to Read more
KEC International has won an order from Power Grid Corporation of India Ltd (PGCIL) to build what would be India’s first digital substation. In a release, the RPG Group company said that the mandate from PGCIL would be to Read more
India Grid Trust (IndiGrid), India’s first infrastructure investment trust (InvIT) in the power sector will be exploring opportunities in areas like utility-scale battery storage, apart from its core area of power transmission. An investor presentation discussing the InvIT’s performance Read more
Adani Transmission Ltd, in an investor presentation, said that it added 372 ckm of transmission lines to its portfolio in the first quarter (Q1: April to June) of FY23, taking the total operational network to 18,795 ckm supported Read more
SJVN Ltd has placed an order for building the transmission line, associated with the upcoming Dhaulasidh hydropower project in Himachal Pradesh. In an official release, the Central PSU under the power ministry, said that it has entered into an Read more