CESC has managed to restrict aggregate financial losses in its three distribution franchisee circles of Rajasthan during the first half (April to September) of FY21. However, revenues from Rajasthan were also lower, year-on-year, during the period. In an investor Read more
Adani Transmission Ltd has signed a share purchase agreement and completed the acquisition of the special purpose vehicle Kharghar Vikhroli Transmission Pvt Ltd (KVTPL), incorporated by Maharashtra State Electricity Transmission Company Ltd. This project is critical to Mumbai as Read more
Asian Development Bank (ADB) has approved a $346-million loan to India to help provide efficient and reliable power connection to rural agriculture customers in the state of Maharashtra. Maharashtra is the second-most populous state in India, and about half Read more
Maharashtra State Electricity Distribution Company Ltd (MSEDCL) has appointed input-based distribution franchisees for two circles – Malegaon and Shil, Mumbra & Kalwa. The Malegaon mandate has been clinched by CESC Ltd, an RPG-Sanjiv Goenka company. In a stock exchange Read more
The Maharashtra government is hopeful of soon appointing distribution franchisees in two circles, bidding for which is currently underway. Franchisees for the Malegaon and Mumbra-Kalwa circles will be made by end of December this year, according to Arvind Read more
Essel Infraprojects Ltd, on July 16, 2018, held the groundbreaking ceremony (bhoomipujan) for what would be its first waste-to-energy (WtE) plant in Maharashtra. To be located in Nagpur city, the project will be implemented by Nagpur Solid Waste Read more
Energy Efficiency Services Ltd, on May 31, 2018, signed an MoU with the General Administration Department (GAD), Government of Maharashtra to lease out electric vehicles and install EV chargers in state government offices. The vehicles would be provided Read more