Electrical & Power Industry News: Power/Electricity Distribution

Power demand beyond 7,300MW in Delhi“Despite a pointy boom in energy demand, Delhi has controlled it well. No energy cuts. Uninterrupted energy supply,” tweeted leader minister Arvind Kejriwal. Earlier, in a tweet, Delhi’s energy minister Satyendar Jain additionally lauded the energy zone’s role. “Delhi efficiently met an ever-maximum energy top calls for 7,323 today. Heartiest congratulations to (the) Delhi energy zone for this achievement,” he tweeted. The maximum top...

Construction of 5th Nuclear Power Unit at Kudankulam beginsRussia on Tuesday began construction of the fifth atomic power unit at Kudankulam in Tamil Nadu , a development hailed by Russian ambassador to India Nikolay Kudashev as a “significant" milestone in bilateral nuclear cooperation.Russian company Rosatom is providing the technology for the development of the Kudankulam plant which is to possess six units of 1,000 MWe generation capacity each. it's...

CCL awards Power Mech with a Rs 9,294 crore mining project Power Mech Projects Limited, a Hyderabad based industrial services and construction company said on Monday, it's received a contract of Rs 9,294 crore for Mine Development & Operation (MDO) project from Central Coalfields Limited (CCL). As a part of the Centre's asset monetisation drive, the ministry of coal alongside national miner Coal India Ltd (CIL) and Neyveli Lignite Corporation...

Ola Scooter goes on a ride; launch imminentIn the run up to an imminent launch, the Ola Scooter went on a ride on a recent Sunday morning in Bangalore. Ola Chairman and Group CEO Bhavish Aggarwal took the scooter out for a spin and rode by some of the most iconic spots of the city. The Ola Scooter is a leap-frog product, packed with several industry leading innovations including the...

Clariant, India Glycols form JV for renewable ethylene oxide derivativesClariant, a specialty chemical company, and India Glycols Limited (IGL), a leading company in the manufacturing of green technology-based chemicals, today announced the successful creation of their 51-49% joint venture for renewable ethylene oxide (EO) derivatives after receiving all necessary regulatory approvals. The joint venture will operate under the name Clariant IGL Specialty Chemicals Private Limited. “The successful closing of this...

Cabinet approves revamped distribution sector scheme; announces Rs. 3.03 lakh Cr outlay Union Cabinet chaired by Prime Minister Narendra Modi has approved a Reforms-based and Results-linked, Revamped Distribution Sector Scheme. The Scheme will have an outlay of Rs. 3,03,758 crore with an estimated GBS from Central Government of Rs.97,631 crore.“The Scheme seeks to improve the operational efficiencies and financial sustainability of all DISCOMs/ Power Departments excluding Private Sector DISCOMs by...

HPL Electric and Power reports revenue of Rs 308 Cr in Q4 FY21HPL Electric and Power Ltd has reported strong performance in Q4 FY21 led by robust growth in the Metering and Consumer segment (B2C). The Metering business has witnessed an improved performance in Q4FY21 than the previous three quarters due to increased inspections and dispatches. The Metering business clocked the revenue of Rs 142 crores in Q4FY21, thereby...

HPL Electric & Power to install 4G & 5G compatible NB-IoT technology smart meters in Delhi HPL Electric & Power Ltd, India’s leading meter and electrical equipment manufacturing company, has received approval and production clearance from leading Private Distribution Company for the implementation of NB-IoT based Smart Meters in the part of National Capital, Delhi.HPL’s new range of smart meters with Narrow Band-Internet of Things (NB-IoT) communications technology smart meters...

Schneider Electric Unveils New Research and IT Innovation to Meet the Demands of a Digital-First Future Schneider Electric released a research report to foster an understanding of how digitized and smart applications will be powered in the future. The report titled Digital Economy and Climate Impact predicts IT-sector related electricity demand is expected to increase by nearly 50% by 2030. Yet, as the electricity system decarbonizes, emissions would not increase...

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Hitachi ABB Power Grids in India sets 2030 carbon-neutral program and targetsHitachi ABB Power Grids in India today announced a comprehensive program to achieve carbon-neutrality targets by 2030 in its own operations, reaffirming its commitment to a sustainable energy future. In parallel, the Company is continuing to mobilize resources to safeguard employees and aid India’s COVID-19 relief efforts. Contributing to the drive to ‘build back better’, the pioneering technology leader is...

Havells net profit rises 71% to Rs 304 Cr in Q4Havells India Limited, a leading Fast Moving Electrical Goods (FMEG) Company, reported 70.95 per cent rise in consolidated net profit at Rs 302 crore for the fourth quarter ended March 31, 2021. The company had posted a net profit of Rs 177 crore in the year-ago period, Havells said in a statement. Commenting on the financial performance Anil Rai Gupta, Chairman...

Schneider Electric launches new-age EcoStruxure 43U C-Series Micro Data CenterSchneider Electric announced an expansion of the EcoStruxure Micro Data Center C-Series with the new 43U, offering the greatest capacity in the company’s commercial and office line of micro data centers. Featuring intelligent cooling technology for enhanced protection and energy efficiency, the new 43U C-Series is the only solution on the market that automatically switches between three cooling modes depending...

LED Lighting Market: Industry Trends The effectiveness of the equipment and appliances used in businesses and homes has expanded enormously in recent years. But, there is still a lot that should decrease the amount and moderate energy consumption growth in commercial and residential buildings.In the present market state, LEDs have acquired a new height in the lighting market. Key variables behind this are the consistent declining LED costs in the...

Eaton’s AFDD+ protects your home against electrical fireAs per the National Crime Records Bureau, about 60 people die every day in India due to fire accidents and a significant percentage of all fires are caused by electrical defects.  Recently, 10 fire accidents took place in hospitals, including three each in Mumbai and Gujarat, one each in Chhattisgarh, Andhra Pradesh, Uttar Pradesh and Madhya Pradesh. Reports suggest that nine out...