T&D News

CESC Rajasthan | T&D India

CESC board approves reorganization of power distribution business

CESC Ltd in a stock exchange filing today (January 13, 2021) said that its board has decided to reorient and reorganize the company’s power distribution business.

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HPL Electric & Power bullish on smart metering business

HPL

HPL Electric & Power Ltd is bullish on opportunities in the smart metering space, according to the company’s Joint Managing Director, Gautam Seth.

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Tata Power Delhi Distribution unveils its brand-mascot ‘Roshni’

Tata Power Delhi Distribution Ltd TPDDL), supplying electricity to a populace of 7 million in North and North-West Delhi, has launched its official brand mascot ‘Roshni’ to convey information on various topics to the consumers via company’s digital platforms (website and social media channels).

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Powergrid Infrastructure Investment Trust registered

L&T Power T&D | T&D India

In a very significant development, Securities & Exchanges Board of India (SEBI) recently granted the certificate of registration to “Powergrid Infrastructure Investment Trust”, an infrastructure investment trust (InvIT) sponsored by Power Grid Corporation of India Ltd.

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Sterlite Power raises Rs.200 crore from Allianz Global Investors

Sterlite Power

Sterlite Power has raised Rs.200 crore in debt financing from Allianz Global Investors, the global power transmission player said in a release.

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IndiGrid completes acquisition of Parbati Koldam Transmission Company

IndiGrid Parbati | T&D India

India Grid Trust (IndiGrid), in a stock exchange, filing said that it has completed the acquisition of 74 per cent equity stake in Parbati Koldam Transmission Company Ltd (PKTCL).

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Tata Power takes over operations of Odisha discoms WESCO and SOUTHCO

Tata Power Acquires WESCO & SOUTHCO Operations - Pic 1 | T&D India

Tata Power, on January 7, 2021, announced that it has taken over the management and operations of WESCO and SOUTHCO, on January 1, 2021, upon completion of sale process.

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NERPSIP targeted for completion by December 2021

NERPSIP - LR | T&D India

The Centrally-sponsored North Eastern Region Power System Improvement Project (NERPSIP) is targeted for completion by December 2021, a recent government release said.

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IEX witnesses all-time high electricity trading volume in December 2020

PGCIL - LowRes | T&D India

The electricity market at Indian Energy Exchange (IEX) traded an all-time high volume of 7,260 MU during December 2020, witnessing an 52 per cent year-on-year growth during the month.

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ADB and India sign loan agreement for Bengaluru power distribution upgrade

ADB Bengaluru | T&D India

Asian Development Bank (ADB) and the Government of India have recently signed a $100-million loan agreement to modernise and upgrade the power distribution system to enhance the quality and reliability of electricity supply in Bengaluru city in Karnataka.

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