Genus Power Infrastructures Ltd has teamed up with an affiliate of Singapore-based investment firm GIC to set up a platform to fund smart metering projects.
CTC Global has announced that it would be setting up its first manufacturing plant in India for its patented ACCC® Conductor core. The US-headquartered company has selected Pune in Maharashtra for the greenfield facility.
The “Committee of Directors on Investment on Projects” of Power Grid Corporation of India Ltd, accorded investment approval to two RTM-based transmission schemes.
REC Power Development & Consultancy Ltd (RECPDCL), as the bid process coordinator (BPC) has incorporated a project special purpose vehicle for developing an interstate transmission system project in Madhya Pradesh.
In a major development, the Union power ministry has amended the “Electricity (Rights of Consumers) Rules, 2020” by introducing time-of-day (ToD) tariffs and simplification of smart metering rules.