Electrical & Power Industry News: Power/Electricity Distribution

Union Budget 2024 | Reaction from Saurabh Marda, Co-founder and MD, Freyr Energy The recent budget has been highly favorable for the energy sector, with the government setting an ambitious goal of achieving 500 GW of renewable power by 2030. A key component of this plan is encouraging homeowners to adopt solar energy, facilitating a swift transition to solar power. To support this, the government has allocated Rs 70,000 crores...

Union Budget 2024 | Reaction from Saurabh Kumar, VP-India, Global Energy Alliance for People and Planet (GEAPP) "The policy-driven emphasis on the energy sector in the Union Budget 2024-25 exemplifies the Government's commitment to integrating the principles of energy security and energy transition as a cornerstone of Viksit Bharat. We anticipate that the development of energy transition pathways will bolster state-level initiatives to accelerate renewable energy adoption. Furthermore, the proposed...

Delta Electronics India eyes semiconductor industry Manish Walia, Head Automation South Asia (India, Bangladesh, Sri Lanka, Nepal), Delta Electronics, shares insights into the company’s plans and innovations. India's semiconductor industry is on a trajectory of significant growth, driven by strategic government initiatives and international partnerships. These concerted efforts are all set to make India a reliable and strategic player in the global semiconductor industry. Where does Delta Electronics India stand today in...

Freyr Energy Targets Solarization of 1,000+ Homes in Uttar Pradesh by March 2025 Freyr Energy, is set to significantly boost residential solar adoption in Uttar Pradesh. The company announced plans to solarize over 1,000 households by March 2025, building on its successful solarization of 10 villages in Lakhimpur and Bahraich districts, where it has achieved a total installed capacity exceeding 300 kW. Freyr Energy has already made notable contributions to Uttar...

Toshiba invests Rs 5oo Cr to boost Power Equipment Production in India Toshiba Group on Thursday said it will invest 10 bn Japanese yen (over Rs 500 crore) to increase the capacity of producing power transmission and distribution equipment in India. Toshiba Transmission & Distribution Systems (India) Pvt Ltd (TTDI) will increase its capacity of manufacturing power transformers and distribution transformers by about 1.5 times compared to FY2023, over three years...

Tata Power sign MoU with NHPC-REL for Solarisation of Government Buildings Tata Power Renewable Energy Limited (TPREL) has signed a MoU with NHPC Renewable Energy Limited (NHPC-REL). This collaboration aims to install rooftop solar projects across government buildings of Central Ministries, States, and Union Territories, under the ambitious PM Surya Ghar Yojna Scheme. The initiative, targeting 100% solarization of government-owned buildings by December 2025, marks a substantial step in India's renewable...

Hartek Secures Major 765kV Projects from PGCIL Hartek Group has secured 765kV projects from the Power Grid Corporation of India Ltd. (PGCIL), including high-voltage transmission projects in Indore and Kurnool. These projects aim to enhance power system reliability and increase transmission capacity to power-deficit regions, aligning with India's ongoing efforts to strengthen its power infrastructure. The 765kV projects are crucial for efficient power transmission, benefiting both the transmission and renewable energy sectors....

How power will power Maharashtra's growth? Maharashtra, one of India's most progressive states, owes much of its economic and financial prosperity to its robust power sector. The state contributes 15% to the nation’s GDP and is set to become India’s first trillion-dollar state economy by 2025.  The state government's dedication to boosting industrial output, massive investments in public infrastructure upgrades, and an increased focus on the agriculture and services sectors...

Why quality electrical equipment is key to fire safety Tune in to this exclusive interview with S.S. Warick, Director of Maharashtra Fire & Emergency Services, as he discusses the impact of electrical equipment on fire incidents and the importance of adhering to quality standards in electrical installations. He also provides recommendations for the developer community to prevent electrical fire accidents. When it comes to fire accidents, how do you see the...

Triton EV launches “Made in India” Hydrogen Internal Combustion Engine Triton Electric Vehicle LLC, the electric vehicle company headquartered in Cherry Hill, New Jersey-USA, announces the launch of its cutting-edge hydrogen internal combustion engine. “This state-of-the-art technology is developed in India and is poised to transform the automotive industry by providing an eco-friendly zero-carbon emission alternative to traditional gasoline engines, emphasizing performance, efficiency, and environmental sustainability,” the company said. Triton EV's...

IEEMA organizes 1st edition of Maharashtra Power Conclave in Mumbai The Indian Electrical and Electronics Manufacturers' Association (IEEMA) hosted the maiden Maharashtra Power Conclave on Friday in Mumbai. This exclusive event brings together key stakeholders, policymakers, and industry leaders to chart a course towards sustainable energy solutions in Maharashtra. Speaking at the inauguration, Vishwas Pathak, Director, Maharashtra State Electricity Board (MSEB) Holding highlighted that, “Maharashtra is on a trajectory to achieve...

ICCE to organize India Circular Economy Forum 2024 on 11-12 Jul in New Delhi ICEF2024 to witness over 300 delegates from over 18 countries, over 70 speakers with participation from key Indian Government Ministries, United Nations Bodies and Foreign embassies International Council for Circular Economy (ICCE), a leading non-profit think tank advocating and working towards the Circular Economy cause, announced that its annual India Circular Economy Forum (ICEF2024) will be held...

Rise of Delta Automation India Hello Readers, welcome to another exciting episode of "Movers & Makers," where we dive into the stories behind the most successful brands and the visionary leaders who drive them. Delta Automation India has emerged as a significant player in the industrial automation sector, capturing the attention of industry professionals and enthusiasts alike. With a journey of rapid growth and relentless innovation, Delta Automation India stands out...

Smart Meter Summit 2024 to be held on 24-25 Jul in New Delhi The 4th Edition of Smart Metering Summit 2024 is scheduled to be held on 24-25 Jul at The Surya Hotel, New Delhi. Organsed by AAYERA, the in-person summit will explore new innovative strategies through Smart Metering Summit (SMS) to increase productivity, better management within companies. The objective of SMS is to provide a platform for key stakeholders to...

How ABB Motors Drive Sustainability? | Sanjeev Arora, ABB India DID YOU KNOW? Electric motors consume over 45 percent of the world's electricity. By 2040, the number of motors is expected to double. In India, more than 85 percent of installed motors are of low energy efficiency. Therefore, adopting higher-efficiency motors is crucial for India to achieve its net-zero goals. ABB India is delivering higher efficiency IE3 and IE4 motors that...