T&D News
BEST to extend 677-mw PPA with Tata Power
Maharashtra Electricity Regulatory Commission (MERC) has allowed Brihanmumbai Electric Supply & Transport Undertaking (BEST) to extend its existing power purchase agreement with Tata Power Company Ltd for 677 mw, supplied from its Trombay thermal and hydropower plants, for a period of five years — from 1 April 2019 to 31 March 2024.
Sterlite Power wins transmission concession in Brazil
- Dec 24, 2018
In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the winner for Lot 13.The project will require an investment of $0.6 billion over the period of next 3-5 years in the state of Rio Grande do Sul, south region of the country. The project involves six substations aggregating 1,544 MVA.
REC transfers Jawaharpur shell company to PGCIL
- Dec 24, 2018
The entire shareholding of REC Transmission Projects Co Ltd (a wholly-owned subsidiary of Rural Electrification Corporation) in Jawaharpur Firozabad Transmission Ltd comprising of 50,000 equity shares have been transferred along with all its assets and liabilities on December 21, 2018, to Power Grid Corporation of India Ltd
ICA India, with BIS and ITMA, successfully completes transformer seminar
- Nov 12, 2018
With an aim to encourage the power industry to improve reliability in energy delivery and enhance energy efficiency while promoting technical loss reduction for sustainable development, International Copper Association India (ICA India), in association with Bureau of Indian Standards (BIS) and Indian Transformer Manufacturer’s Association (ITMA) recently organized a seminar on “Reliability and Energy Efficiency in Distribution Transformers and other related issues” in Mumbai.
CTC Global partners with Gupta Power for ACCC conductor
- Nov 6, 2018
CTC Global and Gupta Power have established a new partnership to produce, distribute, market and sell ACCC (aluminium conductor composite core) electrical conductors in India using CTC Global’s internationally patented ACCC conductor core and settled the litigation filed by CTC Global relating to the enforcement of its patents right in India.
KEC sells Rajasthan transmission asset to Adani Group
- Nov 5, 2018
KEC International has signed a share purchase agreement (SPA) with Adani Transmission Ltd for selling its entire stake in KEC Bikaner Sikar Transmission Pvt Ltd at an enterprise value of around Rs. 227.50 crore. The deal is subject to regulatory and other approvals, KEC International said in a statement. This sale is in line with KEC’s strategy to focus on its core EPC business, the company said.
