T&D News

DNV Cyber Security | T&D India

Power PSU plan outlay up 5 per cent for FY23

 

The overall plan outlay (expenditure) of PSUs in the Union power ministry has been pegged at Rs.51,470.14 crore in FY23 (BE), up 5 per cent from Rs.49,006.30 crore in FY22 (RE). In FY21, the actual plan outlay of power PSUs stood at Rs.47,330.33 crore.

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Hartek Group forms strategic tie-up with Rittal

Rittal Enclosure | T&D India

 

Hartek India Pvt Ltd, the manufacturing division of Hartek Group, has announced a strategic tie-up with German conglomerate Rittal.

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Servotech to partner with Smart Power India for rural solar ecosystem

Servotech Smart Power MoU | T&D India

 

Servotech Power Systems Ltd and Smart Power India have announced a partnership to promote the use of solar-powered systems to achieve electricity access in rural communities.

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ERDA receives major contract for smart meter testing

ERDA Smart Meter Testing | T&D India

 

Electrical Research & Development Association (ERDA) has received a major rate contract for the evaluation of smart meters.

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GE T&D India announces slump sale of global engineering operations

GE Grid Illustration | T&D India

 

GE T&D India, in a stock exchange communication, announced that the company’s board has agreed to sell the company’s Global Engineering Operations Division to group company GE India Industrial Pvt Ltd (GEIIPL), on a slump sale basis.

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Exchanges account for 49 pc of ST market in early months of FY22

National Grid | T&D India

 

Energy exchanges accounted for 49.3 per cent of India’s short term (ST) market in the early months of the current fiscal year, according to a presentation by Indian Energy Exchange (IEX).

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PFCCL transfers two project SPVs to Adani Transmission

Adani Trans 03 | T&D India

 

Bid process coordinator PFC Consulting Ltd (PFCCL) has transferred two project special purpose vehicles, related to TBCB-based power transmission schemes, to the winning developer Adani Transmission Ltd.

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Bajaj Electricals incorporates subsidiary for power T&D business

Rewa substation Bajaj | T&D India

 

Bajaj Electricals has announced the formation of a new wholly-owned subsidiary to undertake the business of power transmission & distribution.

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Fluence teams up with ReNew Power for energy storage solutions in India

Siemens Fluence Portugal LR1 | T&D India

 

Fluence and ReNew Power have announced an agreement to form a new company to meet the needs of local customers across India that will address the fast-developing energy storage market in India.

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SJVN earns incentive from hydropower projects under DSM

Nathpa Jhakri Control Room | T&D India

 

SJVN Ltd has earned Rs.34.40 crore as incentive under the Demand Settlement Mechanism (DSM), the company said in a release.

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