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Home2023February

Month: February 2023

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Uncategorised

Schneider Electric showcases sustainable and digital solutions at ELECRAMA 2023

February 18, 2023

Schneider Electric has showcased its wide range of energy management and next-gen automation solutions at the 15th edition of ELECRAMA 2023. Aligned with the government of India vision of Aatmanirbhar Bharat and Make in India, […]

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Company Release

Eaton to showcase its high-performance and sustainable power management solutions at ELECRAMA 2023

February 18, 2023

Eaton will showcase their intelligent and sustainable power management solution products that includes low voltage solutions, medium voltage solutions, electric vehicle chargers, power quality products, and a range of Make in India products at ELECRAMA […]

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Company Release

thyssenkrupp employs new-age technology to produce superior grades of CRGO in India

February 18, 2023

thyssenkrupp has enhanced its production facility to make world class CRGO steel at its Nashik plant. The company now has the capacity to produce 50,000 tonnes of the superior grades of CRGO. Grain-oriented electrical steel […]

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Company Release

Socomec India unveils innovative and sustainable power management solutions at ELECRAMA 2023

February 18, 2023

Socomec India has announced the launch of innovative and sustainable solutions at ELECRAMA 2023. Socomec unveiled a range of new products designed to meet the evolving needs of their customers in the power conversion, power […]

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Company Release

Sterlite Power unveils new solutions for power transmission projects at ELECRAMA 2023

February 18, 2023

Sterlite Power has unveiled two state-of-the-art technologies – 96 Fiber optical ground wire (OPGW) and aluminum conductor composite core ultra low sag (ACCC ULS) Brahmaputra high performance conductor (HPC), to deliver reliable, secure, and highly […]

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Company Release

ELECRAMA 2023 kicks off with 1,000 exhibitors showcasing global innovations

February 18, 2023

ELECRAMA 2023 has begun with a grand opening at the India Expo Mart, Greater Noida on February 18, 2023. The biennial electronics congregation, with ‘Reimagine Energy – For Sustainable Future’ as this year’s theme, will […]

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Company Release

Hitachi Energy inaugurates a new HVDC and power quality factory in Chennai

February 17, 2023

Hitachi Energy Limited has inaugurated a new high-voltage direct current (HVDC) and power quality factory in Chennai. The new factory will manufacture advanced power electronics for HVDC Light, HVDC Classic, and STATCOM, together with MACH […]

Reforms and Regulations

MoP issues draft guidelines to promote development of PSPs in the country

February 17, 2023

The Ministry of Power (MoP) has issued draft guidelines to promote development of pumped storage projects (PSPs) in the country. As per the draft guideline, allotment of project sites by state governments to developers may […]

Reforms and Regulations

CERC notifies effective date for Ancillary Services Regulations, 2022

February 17, 2023

The Central Electricity Regulatory Commission (CERC) has notified that the CERC (Ancillary Services) Regulations, 2022 shall come into force from April 1, 2023. It includes provisions pertaining to tertiary reserve ancillary service (TRAS) under regulation […]

Central Sector

CERC issues suo moto order on blending of imported coal with domestic coal

February 17, 2023

The Central Electricity Regulatory Commission (CERC) has issued suo moto order on blending of imported coal with domestic coal. To facilitate availability of adequate quantum of coal in thermal power plants to ensure smooth and […]

Private Sector

Inox Wind Energy records a loss of Rs 2,878.8 million in the quarter ended December 2022

February 17, 2023

Inox Wind Energy Limited has recorded a net loss of Rs 2,878.8 million for the quarter ended December 2022, as compared to the net loss of Rs 670.1 million recorded in the same quarter of […]

Central Sector

NTPC plans to raise up to USD750 million term loan in JPY denomination

February 17, 2023

NTPC Limited is planning to raise term loan of USD750 million (about Rs 62.13 billion) in Japanese Yen (JPY) denomination to finance its capital expenditure on new and ongoing projects. The company has sought bids […]

Central Sector

NTPC commissions third part of Nokhra solar PV project

February 17, 2023

NTPC Limited has commissioned the third part capacity of 50 MW out of 300 MW Nokhra solar photovoltaic (PV) project at Bikaner, Rajasthan. The first part capacity of 100 MW and second part capacity of […]

Private Sector

Adani Power’s Rs 70 billion deal to buy DB Power assets falls through

February 17, 2023

Adani Power Limited’s Rs 70.17 billion deal to buy thermal power assets of DB Power Limited has fallen after the the long stop date under the memorandum of understanding dated August 18, 2022 expired. In […]

Private Sector

GE Power India records a loss of Rs 1,392.9 million in the quarter ended December 2022

February 17, 2023

GE Power India Limited has recorded a net loss of Rs 1,392.9 million for the quarter ended December 2022, as compared to a net loss of Rs 341.2 million recorded in the same quarter of […]

International News

DOE approves five energy firms for grid impact study in the Philippines

February 17, 2023

The Department of Energy (DOE) has approved the proposal of five energy companies to undertake system impact study for the National Grid Corporation of the Philippines. The five renewable energy projects that were cleared have […]

Private Sector

HPX launches long duration contracts and executes first e-RA contract

February 16, 2023

Hindustan Power Exchange Limited (HPX) has successfully concluded its first e-reverse auction (e-RA) based long duration contract for Indian Railways. The first e-RA trade on HPX’s platform has been executed between Indian Railways (buyer) and […]

Private Sector

Hitachi Energy inaugurates a new HVDC and power quality factory in Chennai

February 16, 2023

Hitachi Energy Limited has inaugurated a new high-voltage direct current (HVDC) and power quality factory in Chennai. The new factory will manufacture advanced power electronics for HVDC Light, HVDC Classic, and STATCOM, together with MACH […]

State Sector

IMC’s green bonds generate Rs 7.21 billion

February 16, 2023

Indore Municipal Corporation’s (IMC) non-convertible green municipal bonds have been oversubscribed 5.91 times, generation a total of Rs 7.21 billion. The issue has a face value of Rs 1,000 each. The base issue size was […]

Private Sector

Siemens records a profit of Rs 4.63 billion in the quarter ended December 2022

February 16, 2023

Siemens Limited has recorded a net profit of Rs 4.63 billion for the quarter ended December 2022, an increase of 86.7 per cent over the net profit of Rs 2.48 billion recorded in the same […]

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