Electrical & Power Industry News: Power/Electricity Distribution

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...

How electric vehicles are driving a green transition | POWER TALK | Ep 2 Join us on a ride through the green transition, exploring how electric vehicles are steering us toward a sustainable future. From zero-emission commuting to the electrification of fleets, this episode delves into the impactful role of electric vehicles in the clean energy revolution.In this episode of 'Power Talk', we'll explore the role of electric vehicles in...

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 OperationsReNew Energy Global Plc (ReNew) signed a Memorandum of Understanding (MoU) with the Asian Development Bank (ADB) to collaborate on climate change mitigation and...

How EATON is powering India's energy transition? | POWER TALK | Ep 1 Join us in this insightful episode as Subhajit Roy engages in a conversation with Ripunjay Parikh, Director Sales - Power Distribution, EATON India.Uncover the fascinating journey of how EATON is playing a pivotal role in powering India's energy transition. Discover the innovative solutions, strategic insights, and the impact of EATON's contributions towards a sustainable and efficient energy...

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 GroupPanasonic 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 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%...

Industry 4.0 | Improving Productivity, Delivering Bottom Line Impact | ACE Micromatic 𝐅𝐑𝐄𝐄 𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐋𝐢𝐧𝐤: https://bit.ly/mojo-amitJoin us for an insightful webinar as we delve into the transformative world of Industry 4.0 and explore how it can significantly enhance productivity and boost your organization's bottom line.Industry 4.0, often referred to as the fourth industrial revolution, represents a paradigm shift in the way businesses operate. It harnesses cutting-edge technologies to create more...

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 sectorOver 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...

Video Analytics in Manufacturing Industry Dive into the dynamic world of Video Analytics in Manufacturing Industry with our exclusive episode on Video Analytics in Manufacturing Industry. In this episode, we delve into the intricacies of deploying and optimizing Video Analytics as a Service, exploring its potential in revolutionizing the manufacturing landscape. Our experts, Dr. Ray Chi, Business Development Manager of video AI/VSMD group, Advantech, and Ajay S Kabadi, Founder &...

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 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 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...

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 Power Minister R.K. Singh unveils EESL’s National Efficient Cooking Programme & Energy Efficient Fans ProgrammeEnergy 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 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...