2022
Bajaj Electricals incorporates subsidiary for power T&D business
- Jan 20, 2022
Bajaj Electricals has announced the formation of a new wholly-owned subsidiary to undertake the business of power transmission & distribution. In a stock exchange filing, the Mumbai-headquartered Bajaj Electricals announced that a wholly-owned subsidiary “Bajel Projects Ltd” was incorporated Read more
Fluence teams up with ReNew Power for energy storage solutions in India
- Jan 20, 2022
Fluence and ReNew Power have announced an agreement to form a new company to meet the needs of local customers across India that will address the fast-developing energy storage market in India. Managed and operated by an independent management Read more
SJVN earns incentive from hydropower projects under DSM
- Jan 20, 2022
SJVN Ltd has earned Rs.34.40 crore as incentive under the Demand Settlement Mechanism (DSM), the company said in a release. The DSM was earned with respect to two of its flagship hydropower projects – Nathpa Jhakri (1,500 mw) and Read more
Hitachi Energy wins traction transformer orders from Indian Railways
- Jan 19, 2022
Hitachi Energy India has won orders valued at over Rs.160 crore from Indian Railways for supply of traction transformers. A release by Hitachi Energy India Ltd said that the orders, placed during the October-December 2021 period, came from Chittaranjan Read more
PFC, REC further slash lending rates across all loans
- Jan 19, 2022
Power Finance Corporation (PFC) as well as REC Ltd have further reduced their lending rates, across all types of loans. An official release noted that PFC and REC have reduced their lending rates by 40 bps (0.4 percentage points) Read more
NTPC invites bids to build 900 mw solar capacity in Cuba
- Jan 19, 2022
NTPC has invited bids from developers to build a solar PV parks in Republic of Cuba. The RfQ process will start in March and will continue till May 2022. NTPC, a corporate partner of ISA International Solar Alliance (ISA) Read more
zunpulse wins National Startup Award 2021 in energy sector
- Jan 19, 2022
Godrej family-backed smart and sustainable energy startup zunpulse has been awarded the National Startup award 2021 in the Energy sector organized by Startup India, zunpulse (officially ZunRoof Tech Pvt Ltd) won the Read more
L&T dispatches critical reactors to USA, for green diesel project
- Jan 17, 2022
The Heavy Engineering arm of Larsen &Toubro, has flagged off five critical renewable diesel reactors to North America’s largest renewable diesel producer Diamond Green Diesel (DGD), two weeks ahead of the contractual delivery date. Diamond Green Diesel Diamond Green Diesel Read more
KEC International’s YTD order inflow crosses Rs.14,000 crore
- Jan 17, 2022
With new order inflows across its various business, the year-to-date (YTD) order inflow position of KEC International has exceeded Rs.14,000 crore, a company statement said. The statement said that KEC International has landed new orders worth Rs.1,112 crore across Read more
Tata Power commissions two solar projects in Uttar Pradesh
- Jan 17, 2022
Tata Power, through its wholly-owned subsidiary Tata Power Renewable Energy Ltd, has commissioned two solar power projects, aggregating 100 mw, in Uttar Pradesh. The two projects, each of 50 mw capacity, are located at Prayagraj and Banda in the Read more