L&T Switchgear (L&T Electrical and Automation) has unveiled its new brand identity, 'Lauritz Knudsen Electrical and Automation’. Taking the 70+ years legacy of the L&T Switchgear brand forward with an even stronger customer focus, Lauritz Knudsen is poised to Read more
Sterlite Power Transmission Ltd (STPL) has received approval from its equity shareholders, secured creditors, unsecured creditors, and non-fund-based lenders for the demerger of its transmission business. In a release, STPL said that the vote on the demerger proposal received Read more
The power distribution sector as well as renewable energy are set to dominate the lending portfolio of Power Finance Corporation (PFC) during FY25. Addressing a media conference in Mumbai on May 15, 2024, Ms Parminder Chopra, Read more
Siemens Ltd has announced a capital expenditure plan worth Rs.333 crore towards expanding its manufacturing facility in Goa. In addition, Siemens will also invest Rs.186 crore to build a metro train manufacturing facility at Aurangabad in Maharashtra. In conjunction Read more
Uttar Pradesh has emerged as the leading state with respect to addition of transmission lines by state transmission utilities in FY24, statistics by Central Electricity Authority (CEA) suggest. In FY24, state utility Uttar Pradesh Power Transmission Read more
Oakter has announced the launch of OAKMETER, a smart energy meter. In a release, Oakter said that unlike traditional meters, Oakter’s Smart Meter employs advanced technologies such as Advanced Metering Infrastructure, real-time data analytics, and Internet of Things (IoT) Read more
Three bidders are in the fray for a major interstate transmission system (ISTS) scheme in Rajasthan, under the tariff-based competitive bidding (TBCB) mechanism. It is reliably learnt that Power Grid Corporation of India Ltd ( Read more
Prices of renewable energy certificates (REC) on the Indian Energy Exchange (IEX) fell to a historic low during April 2024. In a release, IEX said that during the REC trading session held on April 24, 2024, Read more
The quantum of interregional electricity transfer in FY24 was up 5.6 per cent year-on-year. According to a special study by T&D India, based on official statistics released by National Load Dispatch Read more