Grid Infrastructure

EV Sales set to Increase to 34 Million by 2025, Over 121 Million in 2030

A new analysis has predicted that EV sales are set to increase to 34 million in 2025, 121.2 million in 2030, and 636.7 million by 2040 With greater vehicle electrification and the rise of disruptive technologies such as vehicle-to-grid (V2G) and peer-to-peer blockchain trading, utilities are expected to employ smart charging and demand response programs to cope with the growing demand for […]

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GE T&D Bags Rs 90 cr Project to Upgrade West Bengal Grid

GE T&D India has received a Rs 90 crore grid upgradation order from WBSETCL that will address the growing energy demand of West Bengal As part of its commitment to strengthen and modernise the energy transmission network of the country, GE T&D India has announced that it received a grid upgradation order from West Bengal […]

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Siemens Wins Race to Rebuild and Modernise Iraq’s Electricity Grid

Within the implementation agreement, the parties also agreed on the award of contracts valued at approximately 700 million euros for Phase 1 of the Roadmap. German Industrial Conglomerate Siemens has beaten US-based General Electric to rebuild and modernise Iraq’s electricity grid. The German firm has signed an agreement with the Ministry of Electricity paving way […]

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World Bank Grants $148Mn to Finance Access to Electricity in Mozambique

The World Bank has approved an $82 million grant to increase access to electricity in five of the poorest provinces of Mozambique, including Niassa, Nampula, Zambezia, Cabo Delgado and Sofala. The project is also supported through a $66 million Multi-Donor Trust Fund administered by the Bank. With the potential to benefit about 1.5 million people, […]

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