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
The operational transmission network of Adani Energy Solutions Ltd (AESL) crossed 20,000 ckm , as of March 31, 2024. According to a “provisional performance update” recently filed by AESL on stock exchanges, the company’s operational transmission line network reached Read more
This article is the third and concluding part of a three-part series of thought leadership on Energy Transition, authored by Anil Rawal. The Energy Transition series expounds on the role of six pillars on which global “Net Zero” Read more
Jaipur-headquartered RMC Switchgears is very optimistic on a significant growth in operating revenue, following the proposed capacity expansion of its manufacturing plant at Jaipur in Rajasthan. In Read more
A study by CareEdge Ratings estimates that advance metering infrastructure is likely to provide additional cumulative revenue potential of around Rs. 4.5 lakh crore to discoms, in the next seven years, up to FY31. The study notes that the Read more
Salzer Electronics Ltd, in a release, said that it would be putting up an integrated facility in Tamil Nadu for smart meters. This new smart meter manufacturing plant, coming up at Coimbatore, will have an annual production capacity of Read more
The outstanding order book of Genus Power Infrastructures Ltd has crossed the Rs.20,000-crore mark. According to an investor presentation filed by Genus Power on stock exchanges, the company’s order book had touched Rs.20,163 crore (net of taxes), as of Read more
REC recorded its highest-ever quarterly disbursements and sanctions during Q3 (October to December) of FY24. In Q3 of FY24, REC recorded overall sanctions of Rs.1,32,049 crore, while disbursements stood at Rs.46,358 crore. Both these were the highest quarterly levels Read more
PFC Consulting Ltd has shortlisted five bidders for the purpose of their empanelment as Advanced Metering Infrastructure Service Providers (AMISP) under the Revamped Distribution Sector Scheme. In a very recent notification, PFCCL said that the five bidders have technically Read more
The total smart metering portfolio of Adani Energy Solutions Ltd crossed the 21-million mark, as of December 31, 2023. In a recent “operational update” released by AESL to stock exchanges, the company said that as of December 31, 2023, Read more