Union Finance Minister Ms Nirmala Sitharaman presented the Union Budget 2025 on February 1, 2025. Here is a progressive compilation of reactions expressed by industry captains to the Union Budget 2025, the first full-year budget of NDA 3.0. Read more
The Union Budget: 2025 presented by Union finance minister, Ms Nirmala Sitharaman, made announcements relating specifically to the power transmission & distribution (T&D) sector. In her Budget 2025 speech, the Union finance minister said that the ongoing “Manufacturing Mission” Read more
Voltamp Transformers Ltd has begun construction activity on its new transformer manufacturing facility in Gujarat. According a company release, all formalities relating to acquisition of land have been completed and construction of the factory building has commenced for the Read more
Jsquare Electrical Steel Nashik Pvt Ltd has completed the acquisition of thyssenkrupp Electrical Steel India Pvt Ltd (tkES India). According to a release issued by JSW Steel, Jsquare Electrical Steel Nashik Pvt Ltd completed the acquisition of 100 per Read more
The power distribution systems in today’s era need innovative solutions to deal with the ever-growing complex demands of the customers while continuing to stay reliable, notes Prashant Sinha. Prashant Read more
Transformers & Rectifiers (India) Ltd has acquired controlling stake in Posco-Poggenamp Electrical Steel Pvt Ltd (PPESPL), marking an important step towards achieving complete backward integration. In a stock exchange communication, TARIL said that it has acquired 137.70 lakh Read more
Hitachi Energy India Ltd has recorded its highest-ever order backlog that stood at nearly Rs.19,000 crore, as of December 31, 2024. In a release, Hitachi Energy India said that at the close of December 31, 2024, the company recorded Read more
NTPC Ltd has planned to set up a CO2 battery energy storage project in collaboration with Triveni Turbine Ltd and Energy Dome, Italy. The project will be undertaken by NETRA – the R&D wing of NTPC Ltd. In a Read more
CG Power & Industrial Solutions Ltd (CG) has planned a major expansion in its manufacturing capacity for power transformers. In a meeting on January 28, 2025, the CG board approved investment of Rs.712 crore in setting up a greenfield Read more
With a portfolio of four interstate transmission schemes, including one operational, G R Infraprojects Ltd (GRIL) is fast emerging as a leading player in the power transmission development space. In this exchange, we have Saurabh Kaushik, Head – Read more