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Hitachi ABB Oil Free Traction Transformer | T&D India

Hitachi ABB Power Grids India: New orders inflow shows resilience to COVID-19

Though the COVID-19 lockdown weighed heavily on the business of Hitachi Power Grids India, the company could still manage to rake in significant new orders.

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PGCIL sees lower profits due to discom provisioning

PGCIL TBCB

The net profit of Power Grid Corporation of India declined 17 per cent during the first quarter (April to June) of FY21, due to extraordinary provisioning towards discoms.

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‘Steady performance amidst global upheavals’: KEC International

2020 08 11 KEC Investor Presentation1cropped | T&D India

According to Vimal Kejriwal, MD & CEO, KEC International, the company has delivered steady performance, despite global upheavals, during the first quarter of FY21.

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Torrent Power’s Agra and Bhiwandi operations face COVID-19 impact

NTPC

The distribution franchisee (DF) operations of Torrent Power in the industrial-centric areas of Bhiwandi and Agra were impacted during the first quarter of FY21, the company said in a media release.

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ICRA expects Rs. 1.8 trillion investment in power transmission

RoW constraints impede 765kV Salem-Madhugiri line

Rating agency ICRA expects an investment of Rs 1.8 trillion over the five-year period from FY21 to FY25 in the power transmission segment at the all-India level.

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Adani’s Mumbai power distribution: Collections improving in July

Adani

Adani Transmission, in a recent release, observed that the collection scenario with respect to its power distribution business in Mumbai has improved significantly since July 2020, following relaxation in the COVID19-related lockdown in the city.

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Electricity trading on IEX records 11 pc growth in July

IEX

The electricity market at the Indian Energy Exchange witnessed a total trade of 5,334 MU in July 2020. This volume was 11 per cent higher than in June 2020 but remained at par with those of July 2019.

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Outstanding dues of discoms up 47 per cent in June 2020

Obra

Stress in the power distribution sector is evident from the fact that the total outstanding amount payable by state government-owned distribution companies to power generators rose 47 per cent year-on-year in June 2020.

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CTC Global expects one-third of DTL’s network to use ACCC Conductor

CTC

CTC Global expects that one-third of the transmission network of Delhi Transco Ltd will soon be equipped with ACCC Conductors.

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Tata Power aims at 10 million consumers in distribution business

Tata

Tata Power aims to quadruple its customer base in the power distribution business, the company’s chairman Natarajan Chandrasekaran said during this year’s Annual General Meeting (AGM) speech.

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