The Union Cabinet has approved the “Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS),” a government release said. The approved scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with financial Read more
Power Grid Corporation of India Ltd (PGCIL) has been named as the successful bidder for an interstate transmission system (ISTS) scheme in Rajasthan, awarded under the tariff-based competitive bidding (TBCB) mechanism. In a brief stock exchange filing, PGCIL said Read more
Shakti Pumps has announced the receipt of a patent for its energy-efficient motor “S4RM”. In a release, Shakti Pumps said that it has received a patent for inventing a "High Starting Torque Direct Line Operated Energy Efficient Motor (Shakti Read more
CharIN has launched a Wireless Power Transfer Taskforce initiated by Siemens AG, WiTricity Corporation, and MAHLE. The taskforce, to start in September, aims to drive the adoption and standardization of wireless charging solutions for electric vehicles worldwide to enable Read more
Indian Energy Exchange (IEX) achieved 8,469 MU total electricity volume in August 2023, registering an increase of 21 per cent on year-on-year basis. IEX attained 8,865 MU overall volume, including green market trade of 242.3 MU, ancillary market trade Read more
Rail Vikas Nigam Ltd (RVNL) has landed a major contract in Gujarat, under the Revamped Distribution Sector Scheme (RDSS). In a stock exchange communication, RVNL said that it has received the letter of acceptance (LoA) from Read more
Vertiv has announced the launch of “Vertiv™ Liebert® AF4”, a set of active harmonic filters powered by artificial neural network (ANN) technology, designed to address the increasing importance of power quality in the facility electrical distribution system in Read more
Madhya Pradesh Power Transmission Company Ltd (MPPTCL) has created new infrastructure with a view to improving power supply to Orchha – an international tourist destination located in Niwari district. In a release, MPPTCL said that it has recently commissioned Read more
The Electrical Division of Hyderabad-headquartered NCC Ltd has reported the winning of orders worth over Rs.8,000 crore during August 2023. In a stock exchange notification dated September 1, 2023, NCC Ltd said that its Electrical Division won four orders, Read more
Genus Power Infrastructures Ltd has reported the winning of a smart metering order under the Revamped Distribution Sector Scheme (RDSS). In a stock exchange notification, Genus Power said that its wholly-owned subsidiary has received a letter of award worth Read more