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ELECTRICITY DISTRIBUTION REVAMP
Haryana approves Rs 913-cr power infrastructure expansionHaryana's power sector is set for major upgrades. The state has approved additional infrastructure works worth over Rs 900 crore under the ...- Susan Electricals IPO opens for subscription today. Check GMP, price band and other detailsSusan Electricals IPO: The ₹70.38-crore IPO of Susan Electricals India opens for subscription on June 11 and closes on June 15. The issue c...
- Adani Energy Solutions’ IntelliSmart deal seen a costly but timely betIn a bold strategic move, Adani Energy Solutions has secured the smart metering firm IntelliSmart Infrastructure for a staggering ₹3,050 cr...
- Adani Energy to buy IntelliSmart for ₹3,050 croreAdani Energy Solutions (AESL) is set to acquire smart metering company IntelliSmart Infrastructure for ₹3,050 crore, bolstering its positio...
- 'Hero will benefit if fuel efficiency is top of mind': Hero MotoCorp CEOHero MotoCorp reports no domestic demand slump despite global challenges. The company is aggressively expanding its operations. CEO Harshav...
- Centre targets nearly 300 GW power generation capacity by next year: Manohar Lal KhattarIndia is boosting its power generation capacity, focusing on nuclear energy. The nation aims to reach nearly 300 GW next year. Nuclear powe...
- UP govt scraps smart prepaid meter system, shifts all consumers to postpaid modeUttar Pradesh is switching from smart prepaid electricity meters to postpaid. This decision follows widespread protests over billing issues...
- US to close its flagship Gaza mission as Trump plan stalls, sources sayA U.S. military-run center near Gaza, tasked with monitoring the Israel-Hamas ceasefire and boosting aid, is reportedly set to close. Criti...
- India’s richest state is said to prepare for power utility IPOMaharashtra is preparing an IPO for its power distribution arm MSEDCL, aiming to raise $500 million to $1 billion. The move, supported by b...
- Tactical investing: 6 stocks for your watchlist as the Gulf rebuild approaches; 4 with positive upside potential of up to 25%Peace is something that has eluded West Asia a long time. For old Gulf watchers, statements and counter-statements of the kind seen in the ...
- Global funds, Adani, GMR, others in race for NIIF's smart meter businessGlobal infrastructure investors and domestic smart meter makers are showing strong interest in acquiring IntelliSmart Infrastructure. The c...
- Discom legacy dues drop to Rs 3,300 crore from Rs 1.39 lakh crorePower distribution companies have drastically cut their old dues. Legacy arrears have fallen from over Rs 1.39 lakh crore to just Rs 3,300 ...
- PFC inks loan pact worth EUR 150 million with German lender KfWPFC has secured a EUR 150 million loan from KfW to support India's Revamped Distribution Sector Scheme (RDSS). This collaboration aims to i...
- Govt says 3.46 cr smart electricity meters installed across countryIndia has installed 3.46 crore smart electricity meters nationwide, including 2.27 crore under the Revamped Distribution Sector Scheme (RDS...
- Power Minister nudges discoms to boost financial healthThe power ministry urged distribution companies to enhance their financial viability and adopt cost-reflective tariffs to attract investmen...
- ADB commits $241 million loan to improve power distribution in West BengalThe Asian Development Bank has approved a USD 241.3 million loan to improve electricity distribution in West Bengal. This program will enha...
- GMR Smart Electricity Distribution gets Rs 7,593-crore order for smart meter installations in UPGMR Smart Electricity Distribution, a subsidiary of GMR Power and Urban Infra, has won a INR75.93bn ($1.02bn) contract to supply 75.69 lakh...
- Bajaj Electricals bags Rs 565 cr contract from South Bihar Power Distribution CoThe work includes the supply of plant and installation services for the development of distribution infrastructure of electric supply circl...
- Availability of power in the country including North East goes up to an average of 21 hoursHe held a review meeting with the Power Ministers and concerned officers of North Eastern states here today. The meeting was held to discus...
- Power connection portability, Rs three lakh crore reform schemes in Budget 2021-22Sitharaman also announced a distribution reforms scheme for the next five years. “The viability of distribution companies is a serious conc...
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