Electrical & Power Industry News: Power/Electricity Distribution

REC to provide Rs. 3,045 Cr financial assistance to Bangalore Metro REC Limited, a Central Public Sector Enterprise under the Power Ministry, has decided to extend financial assistance of Rs. 3,045 crores to Bangalore Metro Rail Corporation Limited (BMRCL), for establishment and development of Metro Lines under Phase-II project of Bangalore Metro. The decision to extend the assistance was taken at the board meeting of REC, held in Bengaluru on 24th June...

Michelin’s Chennai factory to be powered with renewable energy Leading mobility and technology company, Michelin, has signed a Power Purchase Agreement (PPA) with CleanMax Enviro Energy Solutions Pvt. Ltd for supply of green energy. The agreement marks Michelin’s factory at Thervoykandigai, first long-term open access PPA, that will increase the total contribution of renewable energy to 37% from current 11% and account for a reduction of 11,712 tonnes of CO2...

Indian electrical equipment industry records 13% growth in 2022-23: IEEMA The electrical and industrial electronics industry has witnessed a record double-digit growth of 13% in 2022-23, according to the data compiled by the Indian Electrical and Electronics Manufacturers’ Association (IEEMA), the apex Indian industry association of manufacturers of electrical, industrial electronics and allied equipment. The production volume/quantities of sales data is collected from its member organisations, which represent 90 percent...

EV adoption in India | What Went Wrong Despite the Indian government's ambitious plan to have 80 million electric vehicles on the roads by 2030, the current numbers paint a less encouraging picture. As of December 2022, India had only 1.8 million registered electric vehicles. Even the NITI Aayog projects that by 2030, the figure may only reach 50 million. Abhijeet Sinha, National Program Director, Ease of Doing Business |...

Cummins India gets certification for CPCB IV+ emissions standard compliance Cummins India, one of the leading technology providers of power solutions, announced that it had received various CPCB IV+ compliance certifications from the Automotive Research Association of India (ARAI). “The certifications awarded by ARAI reaffirms the readiness of Cummins India Limited to provide its customers with various CPCB IV+ emission norms compliant gensets, effective July 1, 2023, when the new regulations...

MahaTransco celebrates 18 Years of Powering Maharashtra MahaTransco, the leading transmission company in the country, marked its 18th anniversary with a grand celebration, showcasing its ongoing projects and initiatives. The event was attended by esteemed dignitaries, including the Director (Independent) of Maharashtra State Electricity Board Sutradhari Company, Vishwas Pathak, Director (Operation) Sandeep Kalantri, Director (Projects) Naseer Qadri, Director (Finance) Ashok Phalnikar, and Director (Human Resources) Sugata Gamre. During the commemorative event,...

Power Minister exhorts women to increase participation in renewable energy sector Power and New & Renewable Energy Minister RK Singh exhorted women to increase participation in the renewable energy sector and steer India's energy transition towards Net Zero while speaking at an event organized on the occasion of World Environment Day. He also mentioned India’s key achievements in the renewable energy sector and stated that India’s actions are in line with...

Serentica partners for contracts worth Rs. 10,000 Cr Serentica Renewables, a renewable energy platform enabling industrial decarbonization  announced successful placement of contracts worth Rs. 10,000 crore for its upcoming renewable energy projects. The contracts placed upon leading renewable energy solution providers will enable Serentica to develop 1.5 GW of RE capacity in the country.    Serentica is setting up solar and wind capacities across the states of Karnataka, Maharashtra, Andhra Pradesh, and Rajasthan...

Ashoka University appoints Dr. Leena Srivastava as head of new centre on energy transition Ashoka University announced the appointment of Dr. Leena Srivastava as the Director and Head of the recently launched Ashoka Centre for a People-Centric Energy Transition (ACPET). The Centre was established in March 2023 with a vision to become a knowledge institution in support of economic growth, energy security and net-zero targets of India and the Global South....

Why Indian real estate industry must incorporate global fire safety standards? “It is a dire need for global electrical fire safety protocols to be implemented in India to prevent the majority of the fire mishaps,” writes Shreegopal Kabra, Managing Director, RR Kabel Fire occurrence in India has exponentially increased in recent years, killing a large number of people and injuring many. The National Crime Records Bureau (NCRB) says 330 people died...

Oil & gas prices not gone up since Apr 22 despite Russia-Ukraine issue: Hardeep Singh Puri “Despite turbulence, we have not allowed prices of oil and gas to go up; prices have not gone up since April 2022 despite the Russia-Ukraine issue,” said Minister of Petroleum and Natural Gas Hardeep Singh Puri while talking at a summit organized by the Indo-American Chamber of Commerce North India Council (IACC-NIC). He said,...

Electric Vehicles in India: Opportunities & Challenges India is witnessing a rapid shift towards electric vehicles (EVs) in recent years due to increasing awareness of the harmful effects of fossil fuels on the environment, government initiatives to promote EV adoption, and the reduction in the cost of EV components. The Indian government has also set a target of having 30 percent of all vehicles electric by 2030. However, like any...

OMRON launches new Controller NX502 with advanced Information, Motion & Safety Control OMRON Automation, the leading Japanese MNC in industrial automation business segment, has released NX502 CPU Unit automation controller with many pathbreaking   information and safety control features as the latest addition to its NX series. The launch also accompanies the introduction of NX-EIP201 EtherNet/IP Unit. The NX502 CPU Unit and NX-EIP201 EtherNet/IP Unit, with its world's highest precision data collection...

How to Improve Data Center Uptime | Siemens | Socomec | Eaton Data centers serve as the 21st century's factories, making it crucial to ensure uninterrupted access to the services and applications they host. Accessibility for users 24/7, without disruptions, is paramount in this regard. The Ponemon Institute's report reveals that data center downtime costs approximately $9,000 per minute. Additionally, Gartner estimates that Fortune 1000 companies can face downtime costs ranging...

Siemens to acquire Mass-Tech Controls’ EV division for Rs. 38 Cr To scale up Siemens’ range of e-mobility solutions in India, complementing its global portfolio In a step to address the fast-growing demand for electric vehicle (EV) charging infrastructure in India, Siemens Limited, signed an agreement on Friday to acquire the EV division of Mumbai-based Mass-Tech Controls Private Limited. The division is engaged in design, engineering and manufacturing of a wide...