T&D News

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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GE T&D India sees improved order inflows in Q3 of FY21

GE T&D India factory | T&D India

 

GE T&D India has seen a healthy uptick in its order inflows in the third quarter (October to December) of FY21. Key orders from neighbouring countries like Nepal helped boost the order inflow.  Read more

Torrent Power emerges frontrunner for DNH & DD discom privatization

Torrent DNH & DD | T&D India

Torrent Power has emerged as the frontrunner in the privatization of power distribution in the Union territory of Dadra & Nagar Haveli and Daman & Diu. (DNH & DD)

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Cable maker V-Marc set to become Uttarakhand’s first mfg co to get NSE listing

V-Marc | T&D India

V-Marc India Ltd, a wire and cable manufacturer based in Haridwar is set to become the first manufacturing company in Uttarakhand to potentially list its equity shares on the National Stock Exchange, V-Marc India said in a release.

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Policy reforms for power discoms soon: Prime Minister

IPDS | T&D India

Prime Minister Narendra Modi, in a recent webinar for “effective implementation of Union Budget proposals in the power sector,” said that new policy reforms in the power distribution sector are expected soon.

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Two more TBCB projects for Rajasthan solar power evacuation go to PGCIL

TBCB

In addition to three similar projects clinched earlier this month, Power Grid Corporation of India Ltd (PGCIL) has now been declared successful bidder for two more transmission projects that involve power evacuation from upcoming solar parks in Rajasthan.

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