Posts by T&D India

Iskraemeco Group plans new development centre in India

Switzerland-based Iskraemeco Group that recently sold its smart meter manufacturing unit in India to Kaynes Technology India Ltd, has planned to establish a new software development centre in India that will focus on electricity metering and data processing. This Read more

CRGO Steel | T&D India

JSW-JFE to acquire thyssenkrupp Electrical Steel India

JSW JFE Electrical Steel Pvt Ltd has entered into a formal agreement to fully acquire thyssenkrupp Electrical Steel India Pvt Ltd (tkES India) in a deal worth Rs.4,051 crore. This acquisition will help realize the earlier-announced plans of JSW-JFE Read more

Polycab sees strong growth wire & cable business

Driven by strong demand environment, Polycab India Ltd registered impressive growth in its wire & cable business during the second quarter (Q2: July to September) of FY25. In a media release, Polycab said that its wire & cable business Read more

Havells India: Cables business grows 23 per cent in Q2FY25

Havells India reported a revenue growth of nearly 23 per from its cables business during the second quarter (Q2: July to September) of FY25. In a release, Havells India said that revenue from the cables business touched Rs.1,805 crore Read more

Netinium and Wirepas announce partnership for smart metering solutions

Netinium and Wirepas have announced a partnership to enable scalable and standardized smart metering solutions for utilities worldwide. The collaboration leverages Wirepas’ game-changing, non-cellular 5G RF mesh connectivity which uses license-exempt spectrum. With the rising demand for larger amounts Read more

KEI Industries | T&D India

KEI Industries to raise Rs.2,000 crore, board approves proposal

The board of directors of KEI Industries Ltd, in its meeting on October 15, 2024, approved the proposal to raise Rs.2,000 crore through qualified institutional placement (QIP). In a stock exchange communication, KEI said that its board approved the Read more

CEA concludes brainstorming conclave on the “Indian Power Sector Scenario 2047”

Central Electricity Authority (CEA) successfully concluded its two-day Brainstorming Conclave on the 'Indian Power Sector Scenario 2047', presenting a comprehensive plan for the growth of the country's power sector over the next two decades. The event, held on October Read more

Azure Power Rajasthan | T&D India

SPV incorporated for Bhadla-Bikaner complex ISTS scheme

Bid process coordinator PFC Consulting Ltd (PFCCL) has incorporated a wholly-owned subsidiary that will act as the project special purpose vehicle (SPV) for an ISTS scheme seeking to facilitate evacuation of RE power from Rajasthan, Read more

PFCCL transfers four SPVs to winning bidders – PGCIL, Adani Energy

PFC Consulting Ltd (PFCCL), on October 15, 2024, transferred four project special purpose vehicles for development of interstate transmission system (ISTS) schemes, to their respective winning developers, selected under the tariff-based competitive bidding (TBCB) route. PFCCL was acting as Read more

PGCIL formally acquires project SPV for “Rajasthan IV H1” ISTS scheme

Bid process coordinator REC Power Development & Consultancy Ltd (RECPDCL), on October 15, 2024, formally handed over the project SPV “Rajasthan IV H1 Power Transmission Ltd” to successful bidder Power Grid Corporation of India Ltd Read more