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Adani Energy Solutions wins Rs 1,660 crore green power transmission project in MaharashtraAdani Energy Solutions Ltd. (AESL) has secured a ₹1,660 crore project in Maharashtra to transmit 1.5 GW of green power from Raigad's hydro-...
Adani Energy acquires Mahan TransmissionAdani Energy Solution Ltd has signed a Share Purchase Agreement to acquire Mahan Transmission Ltd, a Rs 2,200-crore intra-state transmissio...
Power Grid unfazed by proposed O&M norms changes by CERCSpeaking regarding Return on Equity (ROE), proposed norms suggest existing assets at 15.5 per cent and setting 15 per cent for new projects...
Govt approves Rs 12,000-cr Green Energy Corridor Phase-IIThe Green Energy Corridor (GEC) Phase-II, approved by the Cabinet Committee on Economic Affairs, targets addition of 10,750 circuit kilomet...
IndiGrid acquires NER-II Transmission for Rs 4,625 croreIndiGrid completed the largest transmission project deal by acquiring NER-II Transmission Ltd at an enterprise value of Rs 4,625 crore, the...
ABB wins $75 million power order for long distance power transmission link in BrazilThe 2,518 kilometer link will transmit clean power generated in the north of Brazil, from the Xingu substation, to the Rio Substation in th...
Toshiba to invest $ 30 million to expand power biz in IndiaA new facility for large power transformers will come on line in 2015 at the same time as the full scale launch of a new unit for switchgea...
'Power Grid to invest Rs 5,800 crore on upgradation work in Gujarat'Power Grid Corporation of India Ltd (PGCIL) will invest Rs 5,800 crore for upgrading its network in Gujarat over the next three to four yea...
- Tata Power eyes overseas transmission project
Tata Power forayed into the transmission sector by picking up a 51 per cent controlling stake in a 1,200-circuit km Tala Transmission proje...
- After power generation, Tata Power looks at overseas for transmission
With limited scope for private participation in the transmission sector in the country, Tata Power is looking at overseas opportunities.
- Power Grid plans Rs 20,000-crore capex in FY13
"We plan to spend around Rs 20,000 crore during this fiscal," Power Grid Chairman and Managing Director R N Nayak told reporters.
- ABB win Rs 175 crore order from Powergrid Corporation
ABB, leading power and automation technology group has won an order worth about 175 crore from Powergrid Corporation of India to supply equ...
- ULJK assigns accumulate on Voltamp Transformers; target Rs 1025
ULJK Securities has re-initiated research on Voltamp transformers with a one year target price of Rs 1,025 and has assigned ‘accumulate’ ra...
- Siemens' Mumbai facility to create 1,500 jobs
Siemens has said its Rs 200-cr power transformer factory near Mumbai would provide job opportunities to 1,500 people.
- REL withdraws load shedding in suburbs
:Reliance Energy (REL) has withdrawn regular load shedding in Goregaon, Malad and Kandivli (West) areas as it got an additional transmissio...
- Transformers pack powerful growth since ’01
The transformer industry is in the thick of action for the last few years as a result of the reforms in the power sector.
- Pvt equity firms queue up for power equipment cos
The power equipment sector seems to be latest attraction for private equity (PE) investors.