transmission

Electricity Generation From Renewables Increased 6.9 percent in Nov’20: Ind-Ra

India Ratings has detailed that the electricity generation from renewables in November 2020 increased by 6.9 percent yoy to 9.2 BU. In its latest power sector report, India Ratings (Ind-Ra) has detailed that the electricity generation from renewables sources in November 2020 increased by 6.9 percent yoy to 9.2 billion units. The report also highlighted […]

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Kalpataru Transmission and Subsidiary Bag Orders Worth Rs 1598 Crore

Kalpataru Power Transmission has announced that it has secured new orders/notification of award of about Rs 900 crore. Kalpataru Power Transmission (KPTL), a leading EPC player in the power and infrastructure contracting sector, has announced that it has secured new orders / notification of award of about Rs 900 crore. The firm has also reported […]

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IndiGrid Partners With IBM to Build AI-Enabled Asset Management Platform

IndiGrid has signed a multi-year collaboration agreement with IBM to build Artificial Intelligence (AI)-enabled asset management platform. India Grid Trust (IndiGrid) has announced that it has signed a multi-year collaboration agreement with tech-giant IBM to build Artificial Intelligence (AI)-enabled asset management platform. The IBM Maximo Application Suite will allow IndiGrid to become future-ready by improving the overall health […]

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Uneven Grouping of Renewables Leading to Curtailments in India: TCCL

Electricity demand in India grew at a CAGR of 5.1% over the last decade from FY 2011 to FY 2019. However, this fell to a mere 1.2% in FY 2020. India was already facing an economic slowdown, with industrial output declining to an 8-year low during the year, but compounded by the impact of the […]

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KPTL Bags Transmission and Distribution Projects With Rs 1300 Cr

KPTL has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T and D) space. Engineering, Procurement and Construction (EPC) company Kalpataru Power Transmission Limited (KPTL) has announced that it has received orders worth Rs 1,300 crore from India and the overseas market in the power transmission and distribution (T […]

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KEC Int’l Bags new Transmission & Distribution Orders Worth Rs 890 Crore

KEC International has announced that its transmission and distribution (T&D) business has received new orders worth Rs 890 crore. KEC International Ltd, a global infrastructure Engineering, Procurement and Construction (EPC) major, an RPG Group Company, has announced that it has secured new orders of Rs 1,033 crore across its various businesses. The biggest share of […]

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Kalpataru Transmission and Partner Complete Sale of Stake in JKTPL

Kalpataru Power Transmission Ltd (KPTL) has announced that the firm and its joint venture partner have completed 74 percent equity stake sale in Jhajjar KT Transco Pvt Ltd (JKTPL) to IndiGrid. “We are pleased to inform you that the Parties have completed the sale of first closing sale shares, which represents about 74 percent of the total equity […]

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Cabinet Approves Asset Monetisation of PGCIL Subsidiaries Through InvIT

The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, in a path breaking reform, has approved monetisation of assets of POWERGRID (PGCIL), a Public Sector Undertaking (PSU) under the Ministry of Power, through Infrastructure Investment Trust (InvIT) model. This is the first time any PSU in Power Sector will undertake asset recycling […]

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L&T Transmission and Distribution Business Bags Large Contracts

L&T power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. Larsen & Toubro (L&T) has announced that its power transmission and distribution business has bagged ‘large’ contracts in the domestic and international market. The engineering and construction company did not provide the exact value of the contract, but as […]

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