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Electrical & Power

IEX Records Remarkable 9260 MU Electricity Volume, Marking a 21% YoY Surge

IEX Records Remarkable 9260 MU Electricity Volume, Marking a 21% YoY Surge Indian Energy Exchange (IEX), the prominent energy exchange in India, accomplished a total electricity volume of 9260 MU in October 2023, exhibiting a 21% rise compared to the previous year. In the same month, the overall volume traded on IEX reached 9,483 MU, encompassing 2.17 Lac Renewable Energy Certificates (RECs) (equivalent to 217 MU) and 5,814 Energy Saving...

EESL to distribute 1 cr BLDC fans, 20 lakh induction cookstoves

EESL to distribute 1 cr BLDC fans, 20 lakh induction cookstoves Power Minister R.K. Singh unveils EESL’s National Efficient Cooking Programme & Energy Efficient Fans Programme Energy Efficiency Services Limited (EESL), a joint venture of Public Sector Undertakings under Ministry of Power, launched its groundbreaking National Efficient Cooking Programme (NECP) and Energy Efficient Fans Programme (EEFP), unveiled by Union Minister for Power, New & Renewable Energy R.K. Singh. As part of...

Radiance Renewables bags $90 Mn Green Loan for solar power project in Maharashtra

Radiance Renewables bags $90 Mn Green Loan for solar power project in Maharashtra EverSource Capital-backed Radiance Renewables Pvt. Ltd. secured a Green Loan Project Finance Facility for its 150 MW (AC) greenfield C&I solar power project located in Maharashtra. The company has an operating capacity of nearly 500 MWp, with a target to increase its capacity to 2 GWp in the next three years. Radiance Renewables secured the Green Loan Project...

Faster energy transition will happen in the wake of global market uncertainty: Hardeep Singh Puri

Faster energy transition will happen in the wake of global market uncertainty: Hardeep Singh Puri “India is at the centre of global energy scenario, not only because the country has the potential for economic growth and consumer demand but also our leadership is aligned with new alternatives for energy transition. We need new alliances, institutions, and partnerships to ensure seamless, clean energy transition,” said Union Minister for Petroleum & Natural...

Panasonic forays in to B2C solar segment with the launch of Residential Solar Kits

Panasonic forays in to B2C solar segment with the launch of Residential Solar Kits Panasonic Life Solutions India, a leading manufacturer of electrical construction materials (ECM) in the country, and with a strong base in the B2B solar energy segment, steps into the renewable’s consumer market with, the launch of its new residential solar kits in the cities of Pune and Nashik. Speaking on the launch, Yoshiyuki Kato, Managing Director at...

Waaree Energies wins 200 MW module supply mandate from ENGIE India

Waaree Energies wins 200 MW module supply mandate from ENGIE India Waaree Energies, one of India’s leading PV solar module manufacturers, today announced that it has received a mandate from ENGIE India for supply of 200 MW of solar modules for a solar power project in Sayla village in the Surendra Nagar district of Gujarat. ENGIE India is a subsidiary of the French-based ENGIE Group, a global player in low-carbon energy...

GEAPP Hosts Energy Transition Dialogues to Accelerate Positive Pathways for People and Planet

GEAPP Hosts Energy Transition Dialogues to Accelerate Positive Pathways for People and Planet The Global Energy Alliance for People and Planet (GEAPP) in collaboration with the Observer Research Foundation (ORF) is set to host the inaugural edition of The Energy Transition Dialogues (TETD) from 1 - 3 November, 2023 at Hyatt Regency, New Delhi. TETD will feature focused discussions on experiences gathered through programs around six thematic pillars. These include enhancing...

Socomec India launches medium power modular UPS – MODULYS XM

Socomec India launches medium power modular UPS – MODULYS XM Socomec India, a recognised leader in modular UPS solutions, has unveiled MODULYS XM UPS. Sharing details about the new product, Meenu Singhal, Regional Managing Director – Socomec Innovative Power Solutions said, “MODULYS XM, the new medium power model sets industry standards with 50 kW modules and scalable power up to 600 kW, within the same footprint. Boasting proven ultimate reliability, MODULYS...

Sterlite Power acquires Beawar Transmission Limited Project from REC

Sterlite Power acquires Beawar Transmission Limited Project from REC Sterlite Power has disclosed its acquisition of Beawar Transmission Limited, a Special Purpose Vehicle (SPV), from REC Power Development and Consultancy Limited, a wholly-owned subsidiary of Rural Electricity Corporation. Sterlite Power was awarded the project through the Tariff Based Competitive Bidding (TBCB) process in August 2023. The company will construct the Green Energy Corridor project through the Beawar Transmission Limited SPV on...

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira

ABB to roll out electric powertrain system for ArcelorMittal Nippon Steel’s new steel mill in Hazira ABB is working in partnership with SMS group, a specialist in plant construction, mechanical and electric & automation engineering for the metals industry, to provide all the MV motors and MV drives for ArcelorMittal Nippon Steel’s new hot strip mill in India. The scope also includes a large number of low voltage (LV) drives....

CECIMO’s Global Machine Tool Insights

CECIMO's Global Machine Tool Insights Officials from machine tool associations, representing over 80% of global machine tool production, convened at the premier production technology trade fair to showcase their resilience and robustness in the midst of numerous global challenges. Despite a stable outlook for 2023, predictions for the worldwide machine tool industry are moderated by a multitude of international and economic obstacles. Leveraging the industry's combined capabilities, cooperation, inventive thinking,...

igus presents cutting-edge technology at EMO 2023

igus presents cutting-edge technology at EMO 2023 In addition to the shortage of skilled workers, the machine tool industry faces significant challenges, including high energy costs, mounting cost pressures, and declining incoming orders. To thrive in this demanding environment, companies must enhance their production capabilities while maintaining cost-efficiency. Consequently, igus will showcase cutting-edge technologies at EMO 2023, designed to alleviate these challenges. These technologies include user-friendly, cost-effective robots, an online...

EMO Hannover opens; 1,850 exhibitors from 42 countries participating

EMO Hannover opens; 1,850 exhibitors from 42 countries participating EMO Hannover officially opens its doors today after a four-year break. "Some 1,850 exhibitors from 42 countries will be showcasing their latest machines, solutions and services for industrial production at the world's leading trade fair for production technology," says Carl Martin Welcker, General Commissioner of EMO Hannover at the opening press conference. "EMO is the hub of the international industry for...

OMRON Device & Module Solutions business charts out strategy for growth in India

OMRON Device & Module Solutions Business Charts Out Strategy for Growth in India OMRON Device & Module Solutions business, a leading provider of electronic components, has announced its strategic growth plan for India. Focused on four key growth domains, the company aims to strengthen its presence via working together with market & technology leaders to create advanced solutions catering to varied industry needs in these domains. The growth domains charted out...

Tisva launches its first store in Kolkata

Tisva launches its first store in Kolkata Tisva, the premium decorative and architectural lighting brand from Usha International, today launched its flagship store in Trinity Tower at 83, Topsia Road, in the upscale South Kolkata. Inaugurated by movie star Rituparna Sengupta, this lighting studio is a one-stop shop for all things lighting – from basic to high-end, from minimalistic to opulent, as well as luxury and architectural lighting solutions, and...
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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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