2022
PGCIL may construct dedicated line for Reliance’s Jamnagar petroleum refinery
- Jan 10, 2022
In a very recent order, Central Electricity Regulatory Commission (CERC) has given Reliance Industries Ltd (RIL) the option of approaching Power Grid Corporation of India Ltd (PGCIL) for constructing a dedicated power transmission line associated with Reliance’s petroleum Read more
Raghavendra Mirji, Senior Vice President, Godrej Electricals & Electronics
- Jan 10, 2022
"The announcement of Union Cabinet's approval of Rs.12,000-crore Green Corridor Phase-2 project, which will facilitate the integration and evacuation of renewable energy from seven states is of great significance in achieving the ambitious target of 500 GW of Read more
Tangedco appoints PTC India as aggregator for 1,500-mw procurement
- Jan 8, 2022
PTC India, in a statement, said that state government power utility Tangedco has appointed it as aggregator for a 1,500-mw five-year power procurement drive for which the utility had floated tenders. As a consequence, Tamil Nadu Generation & Distribution Read more
KEC International lands diversified orders, YTD inflows exceed Rs.13,000 crore
- Jan 7, 2022
KEC International has announced the winning of new orders worth Rs.1,025 crore in diversified business areas. This has taken the company’s order inflows in FY22 so far, to over Rs.13,000 crore. In a release, Mumbai-headquartered KEC International said that Read more
PGCIL tops power PSUs in FY22 capex target achievement
- Jan 7, 2022
Power Grid Corporation of India Ltd (PGCIL) has been the best performer amongst Central power PSUs, in terms of achievement of capex targets for FY22, a government release said. According to the release, PGCIL has achieved Read more
Data centres to fuel MEP vertical growth, says Godrej & Boyce
- Jan 7, 2022
Godrej & Boyce has announced that its MEP (Mechanical, Electrical and Public health engineering) business vertical is targeting annual revenue growth of 25 per cent in Data Centre projects by FY24. A release from Godrej & Boyce said the Read more
Cabinet okays Green Energy Corridor (Phase II) with Rs.12,000-crore outlay
- Jan 7, 2022
The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, approved the Green Energy Corridor (GEC) Phase-II project, in a meeting on January 7, 2022. GEC-Phase II aims at strengthening the intrastate transmission system (InSTS) in Read more
FM promises implementation of BCD on solar modules
- Jan 7, 2022
Union finance minister Ms Nirmala Sitharaman, in a meeting on January 6, 2022, with a delegation of solar power-centric industry associations assured that basic customs duty (BCD) on imported solar modules will be implemented effective from April 1, Read more
Omega Seiki to forge JV with Korea’s Jae Sung for EV powertrains
- Jan 6, 2022
Omega Seiki Mobility (OSM) and JAE SUNG Tech Co., LTD a leading Korean EV powertrain maker, have announced a strategic partnership to manufacture electric powertrains in India. As a part of this partnership, the two companies will be forming Read more
IEX trading volume clocks 24 per cent y-o-y growth in December 2021
- Jan 6, 2022
Overall trading volumes on Indian Energy Exchange (IEX) recorded a 24 per cent year-on-year growth in December 2021, at 9,035 million kwh (million units or MU). This total cleared volume comprises – conventional power market (7,285 MU), green power Read more