Siemens has reported nearly 6 per cent growth in its new order inflow during the quarter ending June 30, 2023. According to a release, new order inflow of Siemens Ltd during the quarter ending June 30, 2023, stood at Read more
Hartek Power Pvt Ltd, in a release, said that it has received a mandate for building two containerized substations from TP Western Odisha Distribution Ltd, a Tata Power group entity. The turnkey order, worth Rs.25 crore, involves two new Read more
NTPC Renewable Energy Ltd (NTPC REL) has won a 80-mw floating solar project in Madhya Pradesh under an auction conducted by Rewa Ultra Mega Solar Ltd (RUMSL). NTPC REL will set up the project on the Omkareshwar Reservoir in Read more
“Smart meters are an important part of the transformation of the power distribution domain, and we are proud to be playing a leading role in this transformation. These orders will enable us to deploy our smart metering solutions Read more
The “Industry” business, rather than “Power”, dominated BHEL’s order inflow during Q1 of FY24. During the first quarter (Q1: April to June) of FY23, BHEL’s total order inflow was Rs.15,600 crore, out of which the share of the “Industry” Read more
Genus Power Infrastructures Ltd has reported the winning of a major smart metering order, closely following a similar-sized mandate won just last month. In a release, Genus Power Infrastructures said that its unnamed wholly-owned subsidiary has received a letter Read more
Indian Energy Exchange (IEX) achieved 8,522 million units (million kwh or MU) of trading volume in July 2023 that was 19 per cent higher than in July 2022. In a release, IEX said Read more
Apraava Energy has signed MoUs with REC and PFC for financial assistance worth over Rs.9,000 crore. In a release, Apraava Energy said that this financial assistance, worth Rs.9,120 crore (around $1.1 billion) will be used develop Apraava’s wind, transmission Read more
Adani Energy Solutions Ltd (AESL) has announced successful financial closure for its $1-billion Mumbai HVDC link project This project, on which construction work is expected to start in October 2023, will enable further ‘greening’ of the Mumbai Grid by Read more
Power Grid Corporation of India Ltd (PGCIL) will surpass the capital expenditure (capex) target for FY24, the company’s CMD said. Addressing an investor conference, K. Sreekant, Chairman & Managing Director, Power Grid Corporation of India Ltd, said that PGCIL Read more