The tremendous increase in solar power generation in India has spurred significant demand for generation and transmission-related technology, equipment and products, notes Anurag Agarwal. Energy is vital for Read more
In a very recent order, Central Electricity Regulatory Commission (CERC) has allowed Indian Energy Exchange (IEX) to introduce High Price Day Ahead Market (HP-DAM) on the exchange’s Integrated Day Ahead Market (I-DAM) segment. IEX had filed Read more
The power distribution business of Torrent Power got a significant boost from the new licensee area of Union Territory of Dadra & Nagar Haveli and Daman & Diu (DNH&DD) during the third quarter of FY23. According to an analysis Read more
GE Power India has reported an order backlog of over Rs.4,000 crore, as of December 31, 2022. In a release discussing the company performance during Q3 (October to December) of FY23, GE Power India said that as of December Read more
Siemens, in a release, said that new orders in the first quarter of fiscal year 2023 grew by 6 per cent. Siemens said that during the first quarter (Q1: October 1, 2022 to December 31, 2022) Read more
Kalpataru Power Transmission Ltd (KPTL) has recorded its highest-ever order book position, as of December 31, 2022. In a stock exchange communication, KPTL said that its consolidated order book position as of December 31, 2022, stood at Rs.41,442 crore. Read more
Hindustan Power Exchange Ltd (HPX) successfully concluded its first e-Reverse Auction (e-RA) based long duration contract on February 12, 2023. The first e-RA trade on HPX’s platform was executed between Indian Railways (buyer) and Jindal Power Ltd (seller). “Due to Read more
Virginia Transformers has announced the official launch of its fifth manufacturing facility. This new plant, which started its operations in October 2022, is located at Chihuahua in Mexico. The new plant was officially opened during a ribbon-cutting ceremony attended Read more
GE T&D India, in a release, said that its order bookings during the October-December quarter of FY23 were up 52.8 per cent year-on-year. The release said that order bookings in the quarter ending December 31, 2022 were Rs.779.90 crore Read more
Bharat Heavy Electricals Ltd (BHEL) has reported a year-on-year decline of 8 per cent in its cumulative order inflow during the first nine months (April to December) of FY23. In an investor presentation filed on stock exchanges, Read more