Electrical & Power Industry News: Power/Electricity Distribution

Eaton acquires 50% stake in China’s HuanYu High Tech Power management company Eaton announced it has completed the acquisition of a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures and markets low-voltage circuit breakers and contactors in China, and throughout the Asia-Pacific region. “Our partnership with HuanYu Group represents an exciting opportunity for both companies,” said Howard Liu, president, Asia-Pacific Region, Electrical Sector and Corporate...

Siemens Energy appoints Nadja Haakansson as Managing Director for Africa Siemens Energy announces the appointment of Nadja Haakansson as Managing Director for Africa, effective April 1, 2021. As Managing Director for Africa, Haakansson will be based in Morocco, and is responsible for supporting Siemens Energy’s business across the continent, as well as developing opportunities to meet the challenges of the energy transition, while improving access to stable, affordable, and sustainable energy....

India plans 1,200 km e-highway on Delhi-Mumbai Expressway for electric vehicles The Indian government plans to construct a separate e-highway on the 1,300-kilometre-long Delhi-Mumbai Expressway where trucks and buses can run at a speed of 120 kilometres per hour. Replying to a query during Question Hour in Lok Sabha, Road Transport and Highway Minister Nitin Gadkari said, "We are trying to build 'e-highway' on the 1,300-km highway between Delhi and Mumbai."...

Radiance Renewables buys Azure Power's solar rooftop assets for Rs 536 Cr Radiance Renewables Pvt Ltd, a 100 per cent subsidiary of the Green Growth Equity Fund, a leading Climate fund managed by EverSource Capital, signed an agreement to acquire non-core solar rooftop portfolio of Azure Power Global Ltd for Rs 536 crore. Azure Power’s rooftop portfolio generated Rs 33.1 crore in EBITDA for the 12 months ending December 30, 2020....

Flipkart partners with Mahindra Logistics to accelerate electric vehicles deployment Flipkart, India’s homegrown e-commerce marketplace, today announced that it has partnered with Mahindra Logistics Limited (MLL) as one of its key logistics partners to help fast track deployment of electric vehicles across its logistics fleet in the country. Flipkart has committed to 100% electric mobility in its logistics fleet and will deploy more than 25,000 electric vehicles (EVs) by 2030. Mahindra...

Havells launches virus-safe switches Havells India, a technology-led Fast-Moving Electrical Goods (FMEG) and Consumer Durable company, today launched anti-viral and anti-bacterial switches with ViruzSafe technology under its Crabtree switches and electrical wiring devices portfolio. The anti-viral switch ranges comes at the starting consumer price of Rs 75 onwards. Considering the consumer centric health, safety and hygiene needs in mind, Crabtree has innovated the latest ViruzSafe technology. The new innovative switch ranges...

NTPC delivers electrifying performance in FY21 NTPC, India's largest power generating company recorded its highest ever group generation of 314 BU in FY 21, a growth of 8.2% compared to previous year. On a standalone basis, NTPC generated 270.9 BU in FY21, an increase of 4.3% over the previous year.  NTPC group recorded highest ever single day generation of 1192.42 MU (Group) & 990.65 MU (NTPC). The coal plants registered a...

BHEL bags Rs 400 Cr order from Indian Oil Bharat Heavy Electricals Ltd (BHEL) has bagged a Rs 400 crore order to build a sulphur recovery unit for Indian Oil Corporation's Paradip refinery in Odisha. This marks BHEL's foray into lump-sum turnkey business of process package for downstream oil and gas sector, it said in a statement. BHEL said the company's diversification strategy into non-coal based business areas has begun paying dividends. "This...

Waaree Energies power Pondicherry’s ‘first’ solar project Waaree Energies announced commissioning of a large-scale10 MWp solar power project in Pondicherry. This first and only solar plant in the city will supply power to Pondicherry Electricity Grid and Pondicherry Electric Department. Financed by Indian Renewable Energy Development Agency (IREDA), the project has installed 37,920 Waaree solar modules and EPC has been led by Waaree Energies. With an agreement under the long-term...

Schneider Electric launches ‘anti-viral’ switches Schneider Electric announced the launch of its self-disinfecting anti-viral and anti-bacterial switches under its Clipsal X product range. Meeting international standards of testing, the switches are powered by Silver Ion technology which can kill over 99.9% of germs and self-disinfects itself. Available in two variants, these products have been conceptualised and manufactured in India as a part of Schneider Electric’s commitments towards the making of...

Waaree welcomes proposed Basic Customs Duty on solar modules & cells Solar modules manufacturers Waaree Energies considers the recently proposed Basic Customs Duty on solar modules and cells with effect from 1st April 2022 as another step towards the upliftment of the sector. While appreciating the move Dr. Hitesh Doshi, Chairman, Waaree Group said, "We appreciate the Government’s move to impose 40% Basic Customs Duty on solar modules and 25%...

Powergrid launches certified e-tendering portal Power Grid Corporation of India (POWERGRID), a central PSU under Ministry of Power, has established an e-tendering portal-PRANIT which will lead to less paperwork and ease of operation, making the tendering process more transparent. It has been certified by Standardisation, Testing and Quality Certification Directorate (STQC), Ministry of Electronics and Information Technology. “POWERGRID is now the only organization in India to have an eProcurement solution on...

Adani Green Energy receives LOA for 300 MW wind power project Adani Renewable Energy Holding Fifteen Limited (AREHFL), a subsidiary of Adani Green Energy Limited (AGEL), has received a letter of award for 300 MW wind power project under a tender of Solar Energy Corporation of India (SECI). “AREHFL participated in the tender issued by the Solar Energy Corporation of India (SECI) for setting up 1200 MW ISTS connected Wind Power...

POWERGRID acquires 74%  stake in Jaiprakash Power Power Grid Corporation of India Ltd (POWERGRID), a Maharatna PSE under Ministry of Power, has signed a Share Purchase Agreement with Jaiprakash Power Ventures Ltd (JPVL) to acquire 74% stake in Jaypee Powergrid Ltd-JV (JPL) in which POWERGRID holds 26% equity. JPL will become a wholly owned subsidiary of POWERGRID following this acquisition. JPL-JV has developed a 214 Km long EHV power transmission project...

Signify launches tailor-made 3D printed luminaires in India Signify launched India’s first tailor-made 3D printed luminaires. The company has set up a 3D printing manufacturing facility at its existing lighting factory in Vadodara, in addition to a design lab at its R&D center in Noida where interior designers, architects and lighting designers can experience the technology first-hand and see their luminaire being printed in front of their eyes. They can...