Electrical & Power Industry News: Power/Electricity Distribution
Electrical & Power
Eaton’s AFDD+ protects your home against electrical fire
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...
Electrical & Power
NHPC to acquire 2% equity of PTC India in Chenab Valley Power Projects
NHPC to acquire 2% equity of PTC India in Chenab Valley Power ProjectsState-run NHPC announced that it has got approval of the concerned authority to acquire the entire 2% equity stake of PTC India in Chenab Valley Power Projects Private Ltd (CVPPPL). After the acquisition of the additional 2% stake, CVPPPL will become a subsidiary company of NHPC with 51% share.
“Ministry of Power vide its letter dated 12.05.2021 has...
Electrical & Power
Is India on a delusional path to progress?
Is India on a delusional path to progress?With the advent of the novel Coronavirus, the Indian economy is witnessing a major slowdown. While the nation is fighting the virus with all its might, businesses across sectors are reeling under the tremendous pressure of sustaining themselves. The ground reality of the Indian solar sector is no different. Even though the country has the potential to disrupt global frontiers in the...
Electrical & Power
Siemens reports 29.6% rise in Q2 revenue
Siemens reports 29.6% rise in Q2 revenueFor the second quarter of Financial Year 2021 ended March 31, 2021, Siemens Limited registered New Orders from continuing operations of Rs. 3,309 crore, registering a 16.9% increase over the same period last year. Revenue from continuing operations was Rs. 3,298 crore, a 29.6% increase over the same quarter in the preceding year. The Company reported Profit before Tax from continuing operations of...
Electrical & Power
Molten salt might cut solar power costs
Molten salt might cut solar power costsSolar power accounts for about 2% of U.S. electricity, but it could become more widespread if it were cheaper to generate this electricity and make it readily available on cloudy days and at nighttime.
To lower those costs, Purdue University engineers are developing ways to improve how facilities called concentrated solar power plants produce electricity. These plants provide power at off-peak times by storing...
Electrical & Power
Solar, wind power made strong gains in 2020: IEA
Solar, wind power made strong gains in 2020: IEARenewable sources of electricity such as wind and solar grew at their fastest rate in two decades in 2020 and are set to expand in coming years at a much faster pace than prior to the pandemic, according to a new report by the International Energy Agency. The growth in Europe and the United States will be even brisker than previously...
Construction
igus unveils 168 motion plastics innovations
igus unveils 168 motion plastics innovations
igus increases the pace of innovation despite the pandemic: high investments in digitalisation, logistics and remote consulting increased online sales by 30 per cent in 2020 and mitigated the decline in sales by 4.8 per cent. The motion plastics specialist is also breaking new ground in terms of sustainability and product innovation, and will be presenting more innovations than ever before with 168 tribo-polymer...
Electrical & Power
Best Power Equipments supplied 2,000 UPS amidst Covid
Best Power Equipments supplied 2,000 UPS amidst CovidNoida-based Best Power Equipments (BPE) announced that the company supplied 2,000 number of UPS and power back-up solutions during COVID. Amidst the crisis, BPE was able to deliver UPS to large hospitals, Covid testing centres, telecom, paper mills, government undertaking and airports across the country. They delivered at Hinduja Hospital (20KVA UPS to Covid 19 testing centres), AIIMS Patna Hospital (100 KVA),...
Electrical & Power
Maharashtra starts electrical inspection of Covid hospitals
Maharashtra starts electrical inspection of Covid hospitalsIn the wake of recent fire incidents in hospitals, Maharashtra’s energy department has started safety inspections and audit of electrical installations in government as well as in private Covid hospitals, an official statement said. It adds, “The major area of the inspection and safety audit would be ICUs, AC system and lifts.”
Taking cognisance of recent fire incidents in hospitals, the state energy minister...
Electrical & Power
Siemens, Messer to cooperate on 70 MW green hydrogen projects in Spain
Siemens, Messer to cooperate on 70 MW green hydrogen projects in SpainSiemens Energy and Messer Group have entered into a cooperation agreement with the goal to work on green hydrogen projects in the 5 to 50 Megawatt (MW) range for industrial and mobility applications. Within the framework of this agreement Messer Ibérica has already submitted three clean hydrogen projects in the chemical complex of Tarragona to the Spanish government....
Electrical & Power
Reliance and BP start up second new deepwater gas field in KG D6 block
Reliance and BP start up second new deepwater gas field in KG D6 blockReliance Industries Limited (RIL) and BP today announced the start of production from the Satellite Cluster gas field in block KG D6 off the east coast of India.
RIL and BP have been developing three deep-water gas developments in block KG D6 – R Cluster, Satellite Cluster and MJ – which together are expected to produce around...
Electrical & Power
Power Grid to launch InvIT IPO on April 29
Power Grid to launch InvIT IPO on April 29State-owned Power Grid Corporation of India (PGCIL) to launch its Infrastructure Investment Trust (InvIT) on April 29.
PowerGrid, in a regulatory filings with Securities and Exchange Board of India (SEBI), said that its issue comprises Rs 4,994 crore of fresh issuance and an offer for sale, the amount of which was undisclosed.
It said, “The selling unitholder will be entitled to the proceeds...
Electrical & Power
EDF submits binding techno-commercial offer for Jaitapur
EDF submits binding techno-commercial offer for JaitapurFrench state-run power utility firm Électricité de France S.A.(EDF) has submitted binding techno-commercial offer to state-run Nuclear Power Corp. of India Ltd (NPCIL) for construction of six EPR reactors at Jaitapur site in Maharashtra.
As per the offer, EDF will provide the EPR technology for the construction of six reactors. The Group relies on the know-how of its subsidiary Framatome to supply the engineering...
Electrical & Power
Ola announces World’s Largest Electric 2-Wheeler Charging Network
Ola announces World’s Largest Electric 2-Wheeler Charging NetworkOla Electric today revealed its plans for providing charging solutions to all its electric two wheeler customers and unveiled the Ola Hypercharger Network, the charging network for its upcoming two wheeler products starting with the Ola Scooter to be launched in the coming months.Ola will offer the most comprehensive set of charging options to its electric vehicle customers through a combination of...
Electrical & Power
Subex launches HyperSense, an end-to-end augmented analytics platform
Subex launches HyperSense, an end-to-end augmented analytics platformSubex, a pioneer in Digital Trust, today launches HyperSense, an end-to-end Augmented Analytics platform that helps enterprises make faster, better decisions by leveraging Artificial Intelligence (AI) across the data value chain.Developed based on Subex’s extensive data analytics experience, HyperSense contains all the Augmented Analytics capabilities enterprises need in one flexible and modular platform. HyperSense‘s unique no-code capabilities allow users without a knowledge...
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Normet launches Variomec XS for underground logistics
Normet launches Variomec XS for underground logistics
Normet is a Finnish company operating globally with over 50 locations in 33...