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Electrical & Power

Meghalaya inks MoU with OTPC to harness state’s hydropower potential

Meghalaya inks MoU with OTPC to harness state’s hydropower potential The Government of Meghalaya has joined hands with ONGC Tripura Power Company Ltd (OTPC), signing a Memorandum of Understanding (MoU) to tap into the abundant hydro power potential in the state. Commenting on the occasion, Meghalaya’s Power Minister Abu Taher Mondal, said, “The signing of the MOU is a milestone in our commitment to harnessing Meghalaya's hydro power potential, paving the...

PM inaugurates Vibrant Gujarat Global Summit

PM inaugurates Vibrant Gujarat Global Summit Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar Prime Minister Narendra Modi inaugurated the 10th edition of Vibrant Gujarat Global Summit 2024 at Mahatma Mandir, Gandhinagar today. The theme of this year’s summit is ‘Gateway to the Future’ and includes the participation of 34 partner countries and 16 partner organizations. The Summit is also being...

LIBF Expo 2024 to kick-start on Jan 18 in Gandhinagar

LIBF Expo 2024 to kick-start on Jan 18 in Gandhinagar Lohana International Business Forum Expo 2024 to attract more than 200 exhibitors from 30 countries The first edition of LIBF (Lohana International Business Forum) Expo 2024 is scheduled to be held from 18 to 21 January, at the Helipad Exhibition Centre in Gandhinagar, Gujarat. The LIBF Expo 2024 will offer participants a global platform to present their diverse range of products and...

ReNew to sell 300 MW solar project in Rajasthan to IndiGrid for $199 Mn

ReNew to sell 300 MW solar project in Rajasthan to IndiGrid for $199 Mn ReNew announced on Monday that it has signed a Share Purchase Agreement with India Grid Trust (IndiGrid) to sell a 300 MW solar project in Rajasthan – ReNew Solar Urja Private Limited - for a total enterprise value of $199 million. The transaction is expected to close in accordance with PPA conditions. Approximately $8 million is...

Sterlite Power bags new orders worth Rs. 2,000 Cr in Q2

Sterlite Power bags new orders worth Rs. 2,000 Cr in Q2 Sterlite Power has secured a substantial surge in orders for its Global Products and Services (GPS) business during Q2 FY’24. The orders, totaling around Rs. 2,000 crores, signify a remarkable increase of Rs 700 crores as compared to Q1 FY24. In the first half of the fiscal year, Sterlite Power has secured a cumulative total of Rs 3,300 crores in...

GreenCell Mobility, EKA Mobility sign MoU to deploy 1,000 electric buses

GreenCell Mobility, EKA Mobility sign MoU to deploy 1,000 electric buses GreenCell Mobility, a prominent player in the electric mass mobility space, and EKA Mobility, a leading EV & technology company (partnered with Mitsui Co., Ltd. & VDL Groep), announce the signing of a Memorandum of Understanding (MoU). As part of this agreement, EKA Mobility will supply GreenCell Mobility with 1,000 intercity electric buses in the 12-meter and 13.5-meter category...

Perkins introduces CPCBIV+ certified engines for Indian electric power generation industry

Perkins introduces CPCBIV+ certified engines for Indian electric power generation industry Perkins is announcing new 2806FA CPCBIV+ certified ratings for the Indian electric power generation industry. The platform will cover two key power nodes, with the 2806FA-E18TAG1 providing up to 477 kW mechanical power at 50 Hz while the 2806FA-E18TAG2 delivers up to 595 kW mechanical power at 50 Hz. The new engine, developed specifically for India, will also be...

BPCL, Tata Passenger Electric Mobility join forces to set up 7,000 EV charging stations

BPCL, Tata Passenger Electric Mobility join forces to set up 7,000 EV charging stations Bharat Petroleum Corporation Limited (BPCL) and Tata Passenger Electric Mobility Ltd (TPEM) have joined forces to roll out 7,000 EV charging stations across the country. This partnership will capitalise on BPCL's extensive network of fuel stations and TPEM's experience with over 115,000 Tata EVs on Indian roads, they said in a joint statement on Friday. A MoU...

ReNew signs MoU with Asian Development Bank for US$ 5.3 Bn

ReNew signs MoU with Asian Development Bank for US$ 5.3 Bn The memorandum of understanding, a first of its kind in the Indian RE sector, was signed at the COP28 conference by ReNew Chairman and CEO Sumant Sinha and Suzanne Gaboury, ADB Director General, Private Sector Operations ReNew Energy Global Plc (ReNew) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and...

Panasonic Life Solutions India lights up Powai in Mumbai

Panasonic Life Solutions India lights up Powai in Mumbai Panasonic Life Solutions (PLSIND) in India to use the cutting-edge cloud-basis controlling system, working with one of India's leading real estate developers - Hiranandani Group Panasonic Life Solutions India (PEWIN Division), one of the largest manufacturers of electrical construction materials (ECM) in the country, lights up one of a renowned estate in Mumbai – Powai, Hiranandani. The unique cloud-based technology service, "YOI-en”...

Siemens AG to acquire 18% stake in Siemens India for €2.1 Bn

Siemens AG to acquire 18% stake in Siemens India for €2.1 Bn Siemens intends to enter into a share purchase agreement with Siemens Energy to acquire an 18% stake in Siemens Ltd. India from Siemens Energy for a purchase price of 2.1 billion euro in cash. This would increase Siemens’ stake in the publicly listed Siemens Ltd. India from 51% to 69%, while Siemens Energy’s stake would decrease from 24%...

India has 637 GW of Residential Rooftop Solar Energy Potential: CEEW Report

India has 637 GW of Residential Rooftop Solar Energy Potential: CEEW Report Just one-third of this potential could support the entire electricity demand of the Indian residential sector Over 25 crore households across India have the potential to deploy 637 GW of solar energy capacity on rooftops, according to a new independent report released by the Council on Energy, Environment and Water (CEEW). Further, the CEEW report found that deploying just...

Schneider Electric bags Asian Technology Excellence Award for mySchneider Electrician App

Schneider Electric bags Asian Technology Excellence Award for mySchneider Electrician App Schneider Electric announces the innovative “mySchneider Electrician App”, has won at the esteemed “Asian Technology Excellence Awards 2023” in the Mobile – Electronics category. The mySchneider Electrician App was created as a platform for the Electrician community in India and goes beyond just rewards and loyalty programs. With the App, Electricians can receive timely support for product availability, deals and...

Tata Power Q2 net profit up 9% YoY at Rs 1,017 Cr

Tata Power Q2 net profit up 9% YoY at Rs 1,017 Cr Tata Power today announced its financial results for the quarter ending September 30, 2023, registering its 16th consecutive Profit after Tax (PAT) growth. The company announced consolidated PAT during Q2 FY24 grew by 9% to Rs. 1,017 crore (YoY). Revenue too rose by 9% to Rs. 15,442 crore (YoY) largely driven by higher revenue from core businesses of...

Nirvana Being Unveils India’s Inaugural MESP Air Purifier

Nirvana Being Unveils India's Inaugural MESP Air Purifier With increasing concerns about air quality, the need for effective and eco-friendly indoor air purification solutions has become crucial. In response to this, Nirvana Being is introducing the innovative MESP® (Micro-electrostatic Precipitator) Air Sterilizing Purifier. This advanced device marks a significant advancement in portable air purifiers, showcasing a new era of electronic air purification technology that ensures clean indoor air and energy...
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ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue

ET NOW Global Business Summit 2026 Positions India at the Centre of Global Economic Dialogue The 10th edition of the ET NOW Global Business Summit...
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