Posts by T&D India

Sterlite Power records Rs.1,500-crore new orders in Q1FY25

Sterlite Power said that it bagged orders worth Rs.1,500 crore across its Global Products and Services (GPS) business during Q1 (April to June) of FY25. In a release, Sterlite Power said that the new set of orders, won across Read more

KEI Industries undertakes Rs.145 crore capex in Q1FY25

KEI Industries undertook capital expenditure of around Rs.145 crore in Q1 (April to June) of FY25. In an investor conference, the senior management of KEI Industries said that the company’s capex of Rs.145 crore in Q1FY25 was largely on Read more

Linxon SS Tata Power Solar Rajasthan | T&D India

Tata Power wins “Paradeep Transmission,” its second ISTS scheme in TBCB mode

Tata Power has won its second interstate transmission system (ISTS) scheme under the tariff-based competitive bidding (TBCB) modality. In a stock exchange notification, Tata Power said that it has received the letter of intent from bid process coordinator PFC Read more

ABB India sets up a smart center for electrician training

ABB India has announced the establishment of a smart center for electrician training in Faridabad, Haryana. This initiative was launched in partnership with the Electronics Sector Skills Council of India (ESSCI) in the presence of Sujeet Gusain, Location Industrial Read more

electrification

Sanctions under RDSS touch Rs.2.62 trillion so far

Projects worth over Rs.2.62 trillion have been sanctioned so far under the Revamped Distribution Sector Scheme (RDSS), it was informed in Parliament. In a recent written reply given in the Rajya Sabha, it was informed that projects worth Rs.2.62 Read more

We aim to help reduce India’s import dependency: Grew Energy

Part of the Chiripal Group, Grew Energy, a producer of solar modules, recently announced a mega backward integration programme of setting up an ultra-modern facility in the UT of Jammu & Kashmir for producing ingots, wafers, cells and Read more

Genus R&D Lab | T&D India

Genus Power reports order book of over Rs.21,000 crore

Genus Power Infrastructures Ltd has reported an outstanding order book of over Rs.21,000 crore, as of June 30, 2024. In a media release, Genus said that it had an order book of Rs.21,458 crore (net of taxes) that gives Read more

ICRA Adani Trans | T&D India

Adani Energy Solutions completes $1-bln QIP, largest in power sector

Adani Energy Solutions Ltd (AESL) announced that it has successfully completed its $1-billion Qualified Institutional Placement (QIP), which is the largest in India’s power sector. This QIP, worth Rs.8,373 crore, marks AESL’s first equity raise in the capital market Read more

IEX records highest ever monthly traded volume in July 2024

Indian Energy Exchange (IEX) recorded its highest-ever monthly traded volume in July 2024. According to an IEX release, the exchange recorded trading volume of 13,250 MU. This volume, which included trading in certificates, was 56 per cent higher than Read more

Torrent Power sees slightly higher losses in distribution business

Torrent Power has seen a slight increase in its overall power distribution losses in Q1FY25. According to an investor presentation discussing the company’s performance in Q1FY25, Torrent Power witnessed higher distribution losses across all its licensed areas. However, in Read more