Electrical & Power Industry News: Power/Electricity Distribution

SJVN to enter power trading business Central Electricity Regulatory Commission (CERC) has granted Trading License to SJVN Limited for interstate trading of electricity. The Commission said that SJVN meets the requirements of the Act and the Trading License Regulations for grant of inter -State trading license. Nand Lal Sharma, Chairman & Managing Director of SJVN said, “SJVN will now be trading electricity generated by any public & private generating companies including...

Cabinet approves Rs 12,031-Cr Green Energy Corridor scheme The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, approved the phase 2 of Green Energy Corridor (GEC) scheme for Intra-State Transmission System (InSTS) with estimated cost of Rs. 12,031.33 crore. Around 10,750 circuit kilometres (ckm) of transmission lines and 27,500 Mega Volt-Amperes (MVA) transformation capacity of substations will be added under this scheme that will facilitate grid integration and...

NHPC, GEDCOL sign pact to develop 500 MW floating solar projects in Odisha State-run hydro power giant NHPC on Wednesday has signed Promoters Agreement with Green Energy Development Corporation of Odisha Ltd. (GEDCOL) for development of 500 MW floating solar projects on different water bodies in Odisha. The agreement was signed by A. K. Singh, CMD of NHPC and Bishnupada Sethi, Chairman, OHPC & CMD, GEDCOL on 4th January in presence...

Electric mobility gains momentum in 2021: SMEV The year 2021 has been a defining year for the electric vehicle market, especially the electric two-wheeler (E2W) in India. According to the Society of Manufacturers of Electric Vehicles (SMEV), the total sales of E2W, including high-speed (HS) and low-speed E2W, in the 12-month period (Jan-Dec) in 2021 increased by 132% over the corresponding year 2020. The industry registered sales of 233971 E2W...

ABB launches flameproof low voltage motors for explosive atmospheres ABB India has unveiled its new range of flameproof (FLP) motors for applications in potentially explosive environments. According to the company, manufactured at the company’s Faridabad facility, these low voltage motors offer considerable benefits including low vibration levels with increased reliability for an extended lifetime and reduced maintenance requirements for a lower cost of ownership. “With this launch, we have set a...

Alka Mittal becomes ONGC’s first ever female Chairman & MD State-run Oil & Natural Gas Corporation (ONGC) has announced appointment of Dr Alka Mittal as the Chairman and Managing Director of the company. Mittal who is Director, Human Resources at ONGC has been given an additional charge as the CMD of ONGC. “She has become the first woman to head one of India’s most valuable public sector companies. Her appointment was...

Reliance New Energy Solar to acquire sodium-ion battery firm Faradion Reliance New Energy Solar Ltd (RNESL), a wholly owned subsidiary of Reliance Industries, to acquire sodium ion battery technology provider Faradion for 100 million pounds including debt. “RNESL has signed definitive agreements to acquire 100% shareholding in Faradion for an enterprise value of GBP 100 Mn. In addition, RNESL will also invest GBP 25 Mn as growth capital to accelerate commercial...

EVRE, Zyngo partner to power 10,000 EVs with 5,000 EV chargers EVRE, an EV charging infrastructure player today announced that it has entered into a partnership with Zyngo, a last-mile delivery provider for parking and charging infrastructure solution.  Zyngo operates an existing 500-plus fleet across 10 cities, and working towards achieving 10,000-strong EV fleet.  Under this partnership, EVRE will offer 5,000 EV charging stations across India within the next 24 months, which will be utilised by Zyngo and other EV...

Sterlite Power acquires Nangalbibra-Bongaigaon ISTS Project from PFC Sterlite Power Transmission Limited, a leading private sector power transmission infrastructure developer and solutions provider, announced the acquisition of Nangalbibra ─ Bongaigaon Transmission Limited, a Special Purpose Vehicle (SPV) from PFC Consulting Limited. Through this SPV, the Company will execute the inter-state transmission system (ISTS) project which it won through tariff-based competitive bidding (TBCB) in October 2021. The project involves setting up of ~300 ckt...

Microtek launches new range of inverters and home UPS Microtek has announced the launch of its new range of inverters and home UPS series. The new range of inverters and UPSs launched demonstrates the latest technological advancements that help to save electricity besides offering the best output in power backup. “The new ranges of products being launched today besides providing electricity saving benefits are also aesthetically appealing,” said Subodh Gupta, Chairman & Managing Director,...

Hartek executes rooftop solar power plant at Golden Temple Hartek Solar Pvt Ltd, the rooftop solar division of the Chandigarh-based Hartek Group, has installed a 525 KW capacity solar power plant in the holiest of Sikh shrines, Harmandir Sahib, popularly known as Golden Temple, in Amritsar.  The scope of work of the project included complete site survey, design, engineering, supply and construction of the solar plant. This project was awarded to...

Sterlite Power wins second lot in transmission auction in Brazil Sterlite Brazil, a subsidiary of Indian company Sterlite Power Transmission Limited, a company that develops transmission projects, won lot 02 in the transmission auction (no. 002/2021), promoted on 17th December 2021 by the Brazilian Electricity Regulatory Agency, at B3, in São Paulo. The Annual Permitted Revenue (RAP) of the project is US$ 1.3 million, which corresponds to a discount of 66.9%...

Rosatom starts construction of 6th unit at Kudankulam Nuclear Power Plant The construction of the 6th Unit at Kudankulam Nuclear Power Plant (NPP) has been launched through the first concreting in the foundation slab of the reactor building, an official statement issued by Russia's state nuclear corporation Rosatom said. “The first two NPP power units are demonstrating the sustainable operation at the nominal power level. The power units of the second stage are...

Tata Power-DDL, Hitachi Energy sign MoU for nurturing talent pool in power distribution sector Tata Power Delhi Distribution Limited, a power distribution utility, supplying electricity to a populace of over 7 million in North Delhi, signed a Memorandum of Understanding (MoU) with Hitachi Energy to conduct trainings in the power distribution sector.  The Joint Capacity Building Training programs would be conducted under the aegis of this MoU wherein Hitachi Energy would...

Numeric launches premium range single-phase UPS With enterprise demands increasing and continuity of work becoming the prime focus, UPS manufacturer Numeric launches Premius, a single-phase UPS that is suitable for IT, ITES, office, BFSI, healthcare, government, and infrastructure sector.  Premius, a premium single-phase UPS in the range of 1-10 kVA is positioned to offer the Power of One advantage to the consumers, with design at the core, balancing aesthetics, technology with ease...