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Home2022December

Month: December 2022

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Private Sector

Airtel Business wins IoT solution mandate for smart meters from TPWODL

December 1, 2022

Bharti Airtel has won a cellular internet of things (IoT) solution mandate with Tata Power Western Odisha Distribution Limited (TPWODL). The mandate will see Airtel power 200,000 smart meters with an IoT solution. Of the […]

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Private Sector

The timeline to complete the acquisition of DB Power by Adani Power extended till December 31, 2022

December 1, 2022

The timeline for completion of the Rs 70.17 billion deal to acquire thermal power assets of DB Power Limited has been extended by one month till December 31, 2022. Earlier, the company had extended the […]

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Private Sector

Adani Power asks RUVNL to pay Rs 13.76 billion late fee

December 1, 2022

Rajasthan Urja Vikas Nigam Limited (RUVNL) has decided to move the Supreme Court after Adani Power approached the apex court demanding Rs 13.76 billion from the state power companies as late payment surcharge (LPS). Power […]

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Private Sector

Inox Wind and Inox Green Energy Services reduce debt by Rs 4.11 billion

December 1, 2022

Inox Wind Limited and its’ subsidiary Inox Green Energy Services Limited, as part of the strategic initiative to deleverage their respective balance sheets, have recently paid Rs 2.50 billion and Rs 1.61 billion (aggregating to […]

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International News

Pakistan’s NTDC lays foundation for 500 kV Suki Kinari transmission line

December 1, 2022

Pakistan’s state-owned high voltage network developer, National Transmission and Despatch Company Limited (NTDC), has laid the foundation stone for the 500 kV Suki Kinari transmission line project. The project entails the construction of a 75-km-long, […]

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