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
Hitachi Energy India Ltd ended FY24 with an outstanding order book position of over Rs.7,200 crore, as of March 31, 2024. In a media release, Hitachi Energy India said that its outstanding order book as of March 31, 2024 Read more
The new order inflow of GE T&D India in FY24 has more than doubled year-on-year. In a media release, GE T&D India said that order inflows in FY24 (April 1, 2023 to March 31, 2024), the company recorded new Read more
India is likely to witness record transformation capacity addition in FY25, going by official statistics. Latest reports by Central Electricity Authority (CEA) suggest that in the current fiscal year FY25 (April 1, 2024 to March 31, Read more
Sumitomo Electric Industries Ltd announced that that it has received the contract for a 250kV HVDC cable link in Japan. In a release, Sumitomo Electric said that the 250kV DC XLPE cable project is a pivotal part of the Read more
Sterlite Powerhas announced the appointment of Reshu Madan as Chief Executive Officer, Global Products & Services (GPS) business. He succeeds Manish Agarwal who has decided to pursue an opportunity outside the company. Effective May 1, 2024, Reshu will report Read more
The quantum of interregional electricity transfer through HVDC lines appears to have increased significantly in FY24, as borne out by newly-released statistics by GRID-INDIA. In FY24, the total interregional electricity transfer stood at 249,487 MU (million Read more
Coinciding with its 75th anniversary, Hitachi Energy kicked off “Energy & Digital World 2024” in Hyderabad, on April 23, 2024. EDW 2024, a multi-city event, spanning five months and covering seven cities, will touch upon the latest advancements in Read more
Addition of substation (transformation) capacity in FY24 was 6.8 per cent lower than in FY23, according to a special study by T&D India. The study, based on time series data released by Central Electricity Authority, suggests that substation capacity Read more
The quantum of 765kV lines added in FY24 has surpassed the target set for the period, according to recent statistics released by Central Electricity Authority (CEA). For FY24, the target for 765kV line addition was 2,076 Read more