Regulatory headwinds in the open access (OA) segment notwithstanding, the outlook on the renewable energy sector remains stable, notes a release from credit rating agency ICRA.
Power Grid Corporation of India Ltd is planning to enlarge its role in the intrastate power transmission network upgrade, according to the company’s CMD, K. Sreekant.
HPL Electric & Power Ltd has received approval and production clearance from an unnamed private power distribution utility in Delhi, for NB-IoT smart meters.
The Union power ministry, in its order dated June 21, 2021, has extended the waiver on interstate transmission charges, applicable to electricity generated from solar and wind power projects.
Power Grid Corporation of India (PGCIL) added around 3 GW of interregional power transfer capacity in FY21, the Central PSU said in a recent investor presentation.
Sterlite Power has announced the successful financial closure of the project set up by Udupi-Kasargode Transmission Project Ltd (UKTL), after it secured the entire Rs.580-crore debt funding from REC Ltd.
Power Finance Corporation (PFC) has incorporated a new step-down subsidiary that will act as a special purpose vehicle for a power transmission scheme to be developed under the TBCB regime.
Siemens Ltd will deliver advanced power transmission equipment with integrated digital technologies to three steel manufacturers from Jalna MIDC belt, Maharashtra, the company said in a release.