T&D News

Sterlite

IndiGrid to acquire 100pc equity in Jhajjar KT Transco

India Grid Trust (IndiGrid) has announced the execution of the SPA (Share Purchase Agreement) for acquisition of 100 per cent stake in Jhajjar KT Transco Private Ltd from Kalpataru Power Transmission Ltd  and Techno Electric & Engineering Company Ltd.

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KPTL to divest stake in Jhajjar KT Transco to IndiGrid

TBCB

Kalpataru Power Transmission Ltd has announced execution of the share purchase agreement (SPA) to sell its entire stake in Jhajjar KT Transco Pvt Ltd to India Grid Trust (“IndiGrid”).

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Black & Veatch to extend advanced power transmission services to India

Black & Veatch

To enhance Asia’s energy transition, Black & Veatch is extending its Breakthrough Overhead Line Design ® (BOLD) consultancy services to India, Indonesia, Philippines, Thailand, and Vietnam.

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PXIL to launch real-time electricity market on June 1, 2020

discom

Power Exchange India Ltd (PXIL), promoted by NSE and NCDEX, would be launching the Real Time Market (RTM) for electricity transactions from June 1, 2020.

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NTPC keen on 51pc stake in Reliance Infra’s Delhi discoms

L&T

NTPC Ltd, it is widely reported, is keen to buy out the full 51 per cent stake held by Reliance Infrastructure Ltd (Anil Dhirubhai Ambani Group) in two power distribution companies serving Delhi.

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Tata Power DDL successfully meets peak demand of 1,493 MW

PGCIL

Tata Power Delhi Distribution (Tata Power-DDL) successfully met the peak power demand of 1493 mw on the night of Sunday, May 25, 2020, without any network constraint or power outage, a statement from Tata Power DDL said.

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KPTL lands new orders worth over Rs.6,500 crore in FY20

Kalpataru

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Tata Power’s Odisha power distribution JV to start soon

Tata

The joint venture for power distribution in Odisha is likely to commence operations soon, Tata Power said in a statement while announcing the company’s financial performance for FY20.

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Bihar discoms earning Rs.5 lakh prepaid revenue per day

EESL

Power discoms in Bihar are earning recharge revenue of Rs.5 lakh per day, thanks to smart prepaid meters, a release from EESL has observed.

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Industry welcomes stimulus package to discoms

discom

The industry has welcomed the stimulus package announced for power distribution companies. This is part of the Rs.20 trillion special economic package announced by the Prime Minister on May 12, 2020. This package, aimed at alleviating the economic stress caused by the COVID-19 crisis, is a combination of monetary and fiscal measures.

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