The board of Siemens Ltd has approved additional investment in the company’s Kalwa transformer manufacturing facility in Maharashtra. In a meeting held on November 26, 2024, the board of directors of Siemens Ltd approved additional investment of Rs.100 crore Read more
Schneider Electric Infrastructure Ltd (SEIL) has reported a 14.3 per cent year-on-year growth in its order backlog. In an investor presentation, SEIL said that its outstanding order book position, as of September 30, 2024, stood at Rs.1389 crore. This Read more
HPL Electric & Power’s current outstanding order book has crossed Rs.3,500 crore, as of November 9, 2024, the company said in a release. Most orders relate to the Metering Systems & Services business. The robust order book position stems Read more
Torrent Power has recorded lower T&D losses in most of its licensed and franchised distribution areas during the first half (H1: April to September) of FY25. As can be seen in the table alongside, T&D losses in the Ahmedabad/Gandhinagar Read more
Delton Cables Ltd has recently begun commercial operations at its new EPC cable plant in Haryana. In a release, Delton Cables said that commercial production at its EPC cable plant in Paliwal district of Haryana started on October 26, Read more
Power Grid Corporation of India Ltd (PGCIL) is likely to see aggregate capital expenditure (capex) of over Rs.3 trillion between now and FY32, according to R.K. Tyagi, CMD, PGCIL. Addressing a recent investor conference related to PGCIL’s Q2FY25 performance, Read more
Sterlite Power has secured new orders worth Rs.1,200 crore across its Global Products and Services (GPS) business in Q2FY25, the company said in a release. With cumulative orders wins reaching Rs.2,700 crore for H1FY25, Sterlite Power continues to solidify Read more
GE Vernova T&D India saw its order inflow in Q2 (July to September) of FY25 more than quadrupling, year-on-year. In a release, GE Vernova T&D India Ltd (formerly known as GE T&D India Read more
KEC International Ltd has recorded its highest-ever order book (including L1 positions), standing at over Rs.42,500 crore, as of November 4, 2024. While the confirmed order book stood at Rs.34,088 crore, the RPG Group entity was placed L1 in Read more
Tata Power continued to record lower losses in its Odisha power distribution business during the first half of FY25. According to an investor presentation filed on stock exchanges, Tata Power saw AT&C losses drop in two of the four Read more