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Adani

Maharashtra state transco records highest-ever power transmission

State power utility Maharashtra State Transmission Company Ltd (MSETCL) recently recorded its highest-ever quantum of power transmitted.

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PGCIL acquires Ramgarh New Transmission Ltd

Sembcorp Rajasthan | T&D India

 

Power Grid Corporation India Ltd (PGCIL) has acquired Ramgarh New Transmission Ltd (RNTL), the project SPV for a transmission scheme for which PGCIL had emerged as the successful bidder under the tariff-based competitive bidding (TBCB) mechanism.

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Rural energy company Husk Power Systems aims at operational profitability in 2021

Husk Power | T&D India

 

Husk Power Systems, a rural energy company operating renewable minigrids in Asia and Africa, has announced that it registered 90 percent growth in revenue in 2020 compared to the previous year, while more than quadrupling its commercial business customers. It is also aiming at turning operationally profitable, on an annual basis, in 2021.

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IndiGrid signs share price agreement to acquire NER-II Transmission

IndiGrid NER-II | T&D India

India Grid Trust (IndiGrid), on March 5, 2021, signed a share purchase agreement to acquire NER-II Transmission Ltd (NER-II), from Sterlite Power as part of the Framework Agreement.

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Power distribution privatization of DNH & DD: Bombay High Court suspends tender

Torrent Power has informed that the Bombay High Court has suspended the tender process in the wake of a PIL case filed before the court, until further orders in the matter.

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Mumbai outage of October 2020: No evidence of cyber attack, says Power Minister

 

Union Power Minister R.K. Singh has said that the Mumbai power outage of October 2020 was caused by “human error” and there is no evidence to prove that it was trigged due to a cyber attack by China, according to reliable media reports.

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IndiGrid set to acquire “NER II Transmission Ltd” from Sterlite Power

Sterlite NER | T&D India

The board of India Grid Trust (IndiGrid) has approved the acquisition of “NER II Transmission Ltd”, a wholly-owned subsidiary of Sterlite Power.

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Powergrid InvIT: Five assets identified for monetization

PGCIL InvIT | T&D India

 

Five assets have been identified for monetization with respect to the newly-formed Powergrid Infrastructure Investment Trust (InvIT), according to an investor presentation by Power Grid Corporation of India Ltd (PGCIL).

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Siemens completes acquisition of C&S Electric in India

C&S Busduct-Noida | T&D India

Siemens Ltd, in a statement, said that it has closed the acquisition of C&S Electric Ltd after receiving the approval of Competition Commission of India on August 20, 2020 and the successful completion of further closing steps.

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India, AIIB sign loan agreement for Assam power transmission upgrade project

Assam Grid | T&D India

India and Asian Infrastructure Investment Bank (AIIB) have signed a $304-million loan agreement for the “Assam Intra-State Transmission System Enhancement Project”.

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