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...
10 Jun, 2026, 01.10 AM IST
'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...
04 Jun, 2026, 12.30 AM IST
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...
31 May, 2026, 09.51 PM IST
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...
08 May, 2026, 03.25 PM IST
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...
02 May, 2026, 01.00 AM IST
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...
23 Apr, 2026, 03.25 PM IST
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 ...
19 Apr, 2026, 04.02 PM IST
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...
15 Apr, 2026, 11.31 AM IST
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 ...
02 Apr, 2026, 02.41 PM IST
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...
21 Aug, 2025, 10.22 PM IST
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...
21 Jul, 2025, 05.19 PM IST
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...
21 Feb, 2025, 12.03 AM IST
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...
22 Oct, 2024, 01.12 PM IST
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...
24 Jul, 2023, 01.17 PM IST
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...
04 Mar, 2023, 07.02 PM IST
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...
03 Dec, 2021, 06.46 PM IST
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...
01 Feb, 2021, 01.45 PM IST