Sterlite

Sterlite Power wins six new transmission concessions in Brazil

In the recently concluded auction for transmission projects in Brazil, Sterlite Power emerged as the largest winner, clinching six lots at an investment of roughly $1 billion, securing about 65 per cent of the capex under auction.

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EESL signs MoUs with Haryana discoms to install 10 lakh smart meters

EESL

Energy Efficiency Services Ltd has signed two MoUs with two Haryana discoms–UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam)—to install 10 lakh smart meters in Haryana.  The MoUs entail supply and installation of Smart Meters in Gurugram, Faridabad, Hisar, Karnal, Panipat and Panchkula within three years in a phased manner, a release from EESL said.

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KEC enters American T&D market with Nicaraguan order

KEC

KEC International Ltd has made a direct entry in the American T&D EPC market by winning its first order in Nicaragua. This order was part of a series of domestic and international orders worth Rs.1,357 crore that KEC announced in a media release on July 10.

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Tata Power automates bill payment via e-NACH

Tata Power, in a release, said that it has become the first power utility to enable online, automated bill payments using e-NACH (Electronic National Automated Clearing House). IDFC Bank is a technology partner and a settlement banker to Tata Power.

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Adani Transmission marks footprint in Uttar Pradesh

Adani

Adani Transmission Ltd (ATL) has clinched the Ghatampur power transmission project under the tariff-based competitive bidding route, marking its first presence in Uttar Pradesh.

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Electrical equipment industry clocks 12.8 pc growth in FY18, says IEEMA

After a seven-year lull, the electrical equipment industry has bounced back with a double-digit growth in FY18, a release by industry body IEEMA suggests.

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Medium term PPA scheme should be enhanced: PFC  

PFC

There is scope to enhance the magnitude of the “Medium Term PPA Scheme” recently announced by the Union power ministry, according to Rajeev Sharma, Chairman & Managing Director, Power Finance Corporation Ltd. He was addressing the media at a recent press conference in Mumbai.

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UP government set to take over SEUPPTCL

SEUPPTCL

The Uttar Pradesh government is set to take over the private transmission utility South East UP Power Transmission Company Ltd (SEUPPTCL) that operates a 765kV transmission utility in the northern state.

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RITES helps Indian Railways cut power procurement costs

RITES

Indian Railways has been able to significantly cut its power procurement costs, thanks to the helpful intervention of RITES Ltd, a Central PSU under the ministry of railways. Addressing the media at a recent press conference in Mumbai, Rajeev Mehrotra, Chairman & Managing Director of RITES Ltd said that a complete study by a group of technical personnel from RITES Ltd was done to assess load requirement at various traction substations (TSS) of Indian Railways.

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Government aims at smart prepaid meters in three years

prepaid smart metering

In next three years electricity metering will go smart prepaid, obviating the need for electricity bills reaching the consumer. So need of the hour is to scale up manufacturing of smart prepaid meters and to bring down their prices, according R K Singh, Minister of state (in-charge) for power and new & renewable energy. Singh was addressing a meeting of meter manufacturers called by the power ministry on June 7, 2018.

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