Electrical & Power Industry News: Power/Electricity Distribution

Cummins, Sudhir Power launches CPCBIV+ compliant gensets Cummins India, one of the leading technology providers of power solutions in the country, and its authorized Genset Original Equipment Manufacturer (GOEM) Sudhir Power unveiled the CPCBIV+ compliant genset range for the Delhi NCR markets. Manoj Nair, Power Generation Business Leader, Cummins, and Rahul Seth, Managing Director, Sudhir Power unveiled the genset range during an event attended by over 100 customers and company officials...

ABB’s Nashik manufacturing site reduces water consumption by 30% since 2020 ABB India’s manufacturing site in Nashik achieves water positivity ratings and Mission to Zero status. Water positivity is the concept of returning more water to freshwater sources than is withdrawn and maintaining sustainable water stewardship by establishing a framework for water management. The Nashik site, which covers 49,000 sq.m., has been certified as water positive with a water positivity index...

Fyn to procure 2,000 fast charging 3-wheeler EVs from Euler Motors Fyn, a vertically integrated electric vehicle ecosystem platform for EV logistics, has announced a strategic partnership with Euler Motors to procure 2,000 fast charging 3 wheeler EVs. Through this alliance, Euler Motors will enable Fyn to establish the country's largest 3-wheeler fast charging EV fleet, to serve the B2B sector with its flagship product - the Euler HiLoad EV. Fyn...

Sterlite Power records 30% increase in PAT at Rs. 322 Cr Sterlite Power, a leading power transmission developer and solutions provider in India and Brazil, announced its results for the year ending 31st March 2023. The company witnessed strong growth in profitability in India operations. The snapshot of its standalone financials pertaining to India business for the year ending 31 March 2023 include: Revenue up by 3.3% y-o-y at Rs...

Sterling Generators and PI Green: Revolutionizing Emissions Sterling Generators, a prominent member of the Sterling and Wilson Group and a key player in India's genset industry, has officially unveiled an innovative environmental solution known as the Retrofit Emission Control Device (RECD). This groundbreaking initiative is the result of a collaborative effort with Pi Green Innovations and leverages cutting-edge filter-less technology based on Electrostatic Precipitation principles. Its primary function is to...

Govt approves Rs 3,760 cr viability gap funding for creating battery energy storage system The Union Cabinet, chaired by the Prime Minister Narendra Modi, approved the Scheme for Viability Gap Funding (VGF) for development of Battery Energy Storage Systems (BESS). Addressing the media at a press conference, Union Minister Anurag Thakur informed that the scheme envisages development of 4,000 MWh of BESS projects by 2030-31, with a financial support of up...

Saatvik Solar ropes in Ravindra Jadeja as Brand Ambassador Saatvik Solar has recently announced the onboarding of Ravindra Jadeja, the Indian international cricketer, as the company's brand ambassador. With this endorsement, Saatvik Solar aims to capture significant market share across regions, leveraging Jadeja's widespread appeal in the market with his direct involvement in the National Indian Cricket Team and IPL's Chennai Super Kings. Prashant Mathur, CEO of Saatvik Solar said, "We...

Schneider Electric hosts thought leadership summit on climate action Schneider Electric, a leader in the digital transformation of energy management and automation, recently organized a CXO connect aimed at attracting prominent industry leaders for a dialogue on accelerating actions towards sustainability. The company advocated for industries and corporations to adopt a more electric and digital strategy, accelerating the nation's journey towards a more sustainable future. While India has emerged as a...

Gulf Oil Lubricants buys 51% in Tirex Transmission for Rs 103 Cr In a strategic move to strengthen its presence in the electric vehicle (EV) segment, Gulf Oil Lubricants India Limited (GOLIL), a Hinduja Group Company, announced to acquire controlling stake in Tirex Transmission Pvt Ltd for Rs. 103 crores. “This is part of Gulf’s global ambition towards being a leader in the EV charging ecosystem, a market which is...

Power sale for EVs triples in 10 months in Maharashtra The sale of electricity for electric vehicles (EVs) in Maharashtra increased from 4.56 million units in the month of September 2022 to 14.44 million units in July this year and there has been a threefold increase in the sale of electricity in 10 months, informed Lokesh Chandra, Chairman and Managing Director of Mahavitaran. Deputy Chief Minister and Energy Minister Devendra Fadnavis...

Cabinet approves PM e-Bus Sewa, allocates Rs 57,613 Cr for 10,000 new e-buses The Union Cabinet chaired by the Prime Minister Narendra Modi, has approved the “PM-eBus Sewa” scheme for augmenting city bus operation by 10,000 e-buses on PPP model. “The Scheme would have an estimated cost of Rs.57,613 crore, out of which support of Rs.20,000 crore will be provided by the Central government. The Scheme will support bus operations for...

Schneider Electric launches new Data Center Infrastructure Management Software Schneider Electric announced the modernization of its EcoStruxure IT software portfolio for the monitoring and management of sprawling, hybrid IT infrastructure, which has become increasingly complex in the last few years. As IT infrastructure continues to spread, business continuity is dependent on everything from the smallest endpoint to the largest data center. Therefore, edge deployments are now considered as mission-critical as centralized...

Gruner Renewable inks pact with BioEnergy Germany to develop 100 Bio-CNG plants Gruner Renewable Energy (GRE) and BioEnergy Germany have signed the partnership agreement to develop 100 Bio-CNG plants using multiple feedstocks like Napier grass, in India. The plant, developed for APSS Adarsh Bio Agro Pvt. Ltd is India’s first Napier grass plant and has a daily input capacity of 50 TPD (Tons Per Day), producing an output of 3 metric...

Schneider Electric, Samridhi Group sign MoU for Smart Home Solutions Schneider Electric and Samridhi Group today announced the signing of a Memorandum of Understanding (MoU) to foster sustainable and technologically advanced smart home solutions. Through this partnership, Samridhi Group plans to create energy-efficient and environmentally positive residential spaces powered by a plethora of products from Schneider Electric that include Wiser Smart Home Solution, Unica Pure, a premium range of wiring...

Schneider Electric launches EcoStruxure for Healthcare Schneider Electric has announced the launch of EcoStruxure for Healthcare, an IOT powered solution, that enables un-interrupted power supply to hospitals and healthcare providers. According to the company, the solution has been developed to meet the goals of Ayushman Bharat Mission, which aims at creating a network of primary health centers across the country for democratizing healthcare with un-interrupted care. Is said, “With healthcare sector’s...