2022
Torrent Power sees lower T&D losses in FY22
- Feb 7, 2022
Torrent Power has reported lower T&D losses in all its licensed and franchised distribution areas, according to a company presentation filed on stock exchanges. In the Ahmedabad licensed area, the largest in terms of peak demand in Torrent Power’s Read more
Siemens records healthy order inflow in October-December 2021
- Feb 5, 2022
Siemens has booked new orders worth Rs.5,300 crore during the October-December quarter of 2021. In a release, Siemens said that new orders from continuing operations stood at Rs.5,300 crore during the October-December quarter of 2021, which was 65.3 per Read more
PGCIL board approves Rs.678-crore investment
- Feb 4, 2022
The board of directors of Power Grid Corporation of India Ltd (PGCIL), in a meeting on February 2, 2022, approved two investment proposals entailing capital expenditure of Rs.678.29 crore. In a stock exchange filing, PGCIL said that investment approval Read more
Adani Transmission adds over 3,000 ckm in first nine months of FY22
- Feb 4, 2022
Adani Transmission Ltd (ATL) added 3,080 ckm of transmission lines to its portfolio during the first nine months (April to December) of FY22. In a statement announcing its financial results for the third quarter (Q3: October to December) of Read more
IEX achieves 16 per cent growth in trading volumes in January 2022
- Feb 3, 2022
Indian Energy Exchange achieved 8,652 MU of trading volume in January 2022, registering a 16 per cent growth over that in January 2021. A release from IEX noted that the total trading volume of 8652 MU in January 2022 Read more
We want to scale up to 5 GW in five years: Amp Energy India
- Feb 3, 2022
Associated with Amp Energy Group of Canada, Amp Energy India is a balanced renewable energy-based IPP with a portfolio of over 1.5 GW, spread across the country. Amp Energy India has Read more
SJVN doubles 2040 capacity target to 50 GW
- Feb 3, 2022
Central power PSU SJVN Ltd has now aimed to achieve installed power generation capacity of 50 GW by 2040, as against 25 GW envisaged earlier. In a release, SJVN said that it has upgraded its vision so as to Read more
Power PSU plan outlay up 5 per cent for FY23
- Feb 2, 2022
The overall plan outlay (expenditure) of PSUs in the Union power ministry has been pegged at Rs.51,470.14 crore in FY23 (BE), up 5 per cent from Rs.49,006.30 crore in FY22 (RE). In FY21, the actual plan outlay of Read more
Hartek Group forms strategic tie-up with Rittal
- Feb 2, 2022
Hartek India Pvt Ltd, the manufacturing division of Hartek Group, has announced a strategic tie-up with German conglomerate Rittal. Rittal has appointed Hartek India Pvt Ltd. as the authorized system integrator for power distribution solutions which Read more
Budget 2022 will enable energy transition, feels IEEMA
- Feb 1, 2022
Indian Electrical & Electronics Manufacturers Association (IEEMA) welcomed the Union Budget 2022-23 announced by the Hon'ble Union Finance Minister Smt. Nirmala Sitharaman and termed it as progressive and growth oriented. Some welcome features of the Union Budget 2022 include Read more