POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
Proposed Delicensing of Discoms Gets Mixed Reaction in WB Updated On Wed, Feb 17th, 2021 by Saurenergy The proposed move by the Centre on delicensing power distribution business to induce competition has evoked mixed reaction. A discom official said it will impact the small consumers adversely and benefit the bulk users. Former West Bengal State Electricity Regulatory Commission chairman R N Sen on the other hand welcomed the reform mooted by the Centre in Electricity Bill (Amendment), 2021 […] Read more
AIPEF Continues to Rally Against Electricity Bill, Urges CMs to Seek More Time for Comments Updated On Wed, Feb 17th, 2021 by Saurenergy AIPEF has urged CMs to seek more time from the government for the submission of comments on the draft Electricity (Amendment) Bill 2021. The All India Power Engineers Federation (AIPEF) has urged chief ministers (CMs) to seek more time from the central government for the submission of comments on the draft Electricity (Amendment) Bill 2021. “AIPEF has […] Read more
EESL Tenders for 1,88,000 Smart Meters for 2 Discoms in Rajasthan Updated On Tue, Feb 16th, 2021 by Saurenergy EESL has issued a tender for the procurement of 188,000 smart meters for deployment in the Jodhpur and Ajmer Discom areas of Rajasthan. Energy Efficiency Services Limited (EESL) has issued a tender, inviting bids from eligible vendors for the procurement of 188,000 smart meters for deployment in the Jodhpur and Ajmer Discom areas of Rajasthan. […] Read more
CCEA Approves RCE for North Eastern Region Power System Improvement Project Updated On Thu, Dec 17th, 2020 by Saurenergy The Cabinet Committee on Economic Affairs (CCEA) has approved the Revised Cost Estimate (RCE) of the North Eastern Region Power System Improvement Project (NERPSIP) at an estimated cost of Rs.6,700 crore. This is a major step, towards the economic development of the North Eastern Region through the strengthening of Intra-State Transmission and Distribution systems. Announced […] Read more
Unpaid Electric Bills Weakens the Efforts to Improve Access to All Updated On Wed, Dec 16th, 2020 by Saurenergy Electric utilities in many developing countries often don’t get fully paid by consumers for the power they supply. A new study by the University of Chicago and partner institutes suggests that this has led to widespread outages and rationing of power. This poor electricity access may be a consequence of society treating electricity as a […] Read more
Accenture Makes Strategic Investment in Reactive Technologies Updated On Wed, Dec 16th, 2020 by Saurenergy Accenture has made a strategic investment in Reactive Technologies, a London-based provider of power and grid technology solutions. Accenture has made a strategic investment, through Accenture Ventures, and formed a strategic alliance with Reactive Technologies, a London-based provider of power and grid technology, to help utilities accelerate the transition to low-carbon energy. According to a new report from […] Read more
Power Sector Employees Protest Against Privatisation of Discoms: AIPEF Updated On Fri, Nov 27th, 2020 by Saurenergy Power sector employees have held nationwide protests against the government’s decision to privatise Discoms, AIPEF has said. Power sector employees on November 26, 2020, held nationwide protests against the government’s decision to privatise Discoms, the All India Power Engineers Federation (AIPEF) has said. They also demanded the withdrawal of Electricity (Amendment) Bill 2020 and scrapping of the standard bidding document (SBD). […] Read more
Iberdrola Acquires New Mexico and Texas Utility PNM Resources Updated On Fri, Oct 23rd, 2020 by Saurenergy Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […] Read more
