Electrical & Power Industry News: Power/Electricity Distribution

“Budget focuses on reviving the economy” With its extensive focus on infrastructure and healthcare, the Budget FY21-22 clearly focuses on reviving the economy. The key pillars such as health and wellbeing, capital and infrastructure, inclusive development, enhancing human capital, innovation and R&D and minimum government and maximum governance rightly identifies the core areas for sustained growth and provides considerable thrust towards an Atmanirbhar Bharat. The emphasis on further expanding the...

Investment in Infrastructure, Railway and Discoms will boost Electrical Equipment Industry: IEEMA Indian Electrical and Electronics Manufacturers Association (IEEMA) welcomed the Union Budget announced by the Union Finance Minister Nirmala Sitharaman, as a “balanced budget”. Reacting on the budget Anil Saboo, President – IEEMA, said, “A figure of Rs. 3.05 Lakh Crore will be invested in Discoms for improvement of feeder separation, prepaid Smart Metering and upgradation of systems. This investment...

“Budget left non-utility solar players to fend for themselves” The FY 2021-22 budget has left the non-utility solar players to fend for themselves. Adding to the misery is the capped net metering of 10KW, which is likely to impact 70% of the rooftop solar business, the Government’s stance to raise import duties on solar inverters will further discourage potential investment in the solar development segment, and adversely affect employment. Similarly,...

Union Budget 2021 LIVE Updates Finance Minister Nirmala Sitharaman is presenting the Union Budget 2021. Here are the key highlights: #Budget2021 proposals rest on six pillars Health and Well-Being Physical and Financial capital and infrastructure Inclusive Development for Aspirational India Reinvigorating Human Capital Innovation and R&D Minimum Govt., Maximum Governance LIVE Updates: Time 11.52 New Centrally Sponsored Scheme #PMAatmanirbharSwasthBharatYojana to be launched, outlay of Rs 64,180 crore over 6 years LIVE Updates: Time 11.55 Jal...

Budget 2021 expectations I pre-budget report on mojo4industry Finance Minister Nirmala Sitharaman is all set to present the Union Budget 2021-22 on 1 February which promises to be 'Like Never Before' as the Modi government looks to give a further boost to Indian economy. Here’s what Industry experts expect from Union Budget. Speakers • Mr. Dinesh Aggarwal, Joint MD, Panasonic Life Solutions India • Mr. Rajiv Nath, Forum Coordinator, Association of Indian Medical...

Maharashtra to promote renewable energy generation: Dr Nitin Raut The Mahavikas Aghadi Government is committed to generate 40 per cent of its energy from renewable sources by 2030 by encouraging the public private partnership, said Dr Nitin Raut on Thursday while delivering a key note address at a webinar organised by Federation of Indian Chambers of Commerce and Industries. Dr Raut said production of Solar Energy compared to the conventional energy...

Vikram Solar commissions 140 MW solar project for NTPC in UP Vikram Solar, one of India’s leading module manufacturers and a comprehensive EPC solutions & rooftop solar provider, announced the completion of a 140 MW solar plant project commissioned for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur spread across 700 acres. The 140 MW solar project also includes a 33/132 KV switchyard. The expected energy yield of this...

Schneider Electric becomes world’s most sustainable corporate Schneider Electric, the global giant in the energy management and automation, has become the world’s most sustainable corporate. The company has climbed the annual index of “the Global 100 most sustainable corporations in the world” compiled by researcher Corporate Knights – from a ranking of 29 last year. “A jump from 29th position the previous year, the top ranking for 2021 represents an important...

Nissan says all-new vehicle offerings in key markets to be electrified by early 2030s Nissan Motor Co., Ltd. has set the goal to achieve carbon neutrality across the company’s operations and the life cycle of its products by 2050. As part of this effort, by the early 2030s every all-new Nissan vehicle offering in key markets will be electrified. The company aims, 100% of all-new vehicle offerings to be electrified in...

Tata Power Solar wins Rs 1,200 Cr order from NTPC to develop 320MW solar park Tata Power Solar, a wholly-owned subsidiary of Tata Power, has received a “Letter of Award” (LoA) to build 320MW of ground mounted Solar PV project for NTPC. The order value of the project is approx. Rs 1,200 crore ($162 Million). The commercial operation date for this project is set for May 2022. With this addition, the...

PMI partners with Panasonic Life Solutions & Masstech for EV Charging Infra PMI Electro Mobility Solution announced partnership with Panasonic Life Solutions India and Masstech to set up EV charging infra across 18 cities in India. Panasonic Life Solutions India offers a comprehensive range of hi-tech EV chargers and accessories. In the first phase of the roll-out, the company will provide high-tech EV charging infrastructure for more than 1,000 electric buses...

Siemens launches one of the most efficient DC chargers currently available on the market Siemens Smart Infrastructure released its new public fast charger Sicharge D. It is suited for highway and urban fast charging stations, city parking as well as shopping malls and provides one of highest peak efficiencies on the market at 96 percent, scalable charging power and dynamic power sharing. “With its upgradability and dynamic charging, it is a...

What’s Maharashtra’s Energy Roadmap? Dr. Nitin Raut, Energy Minister of Maharashtra talks with Mr. Subhajit Roy on mojo4industry Everything you wanted to know about the energy roadmap of Maharashtra – the economic engine of India. In an exclusive interview with Subhajit Roy, Dr. Nitin Raut, Energy Minister of the State shares his strategic vision for an Electrifying Maharashtra. Set a reminder 🔔 to watch Dr Raut’s Exclusive Interview which is all...

Weekly News Summary: A roundup of stories making headlines in industry this week | mojo4industry.com Industrial News Bulletin - 16th January 2021 Hello, you are watching mojo4industry – India's 1st mobile journalism platform for industry. In this weekly wrap-up, we are going to take you through some of the latest developments in Indian industry. Let’s take a quick look at the key headlines. • Tesla makes entry in to Indian market • Maharashtra commits to...

Maharashtra commits to strengthen power distribution network to attract industries: Dr. Nitin Raut The state energy department would spend Rs 2500 Cr per annum for infrastructure development for state owned distribution company Mahavitaran (MSEDCL). Of it Rs 1500 Cr would be spent on energization of agriculture pumps by conventional method and Rs 1000 Cr for strengthening infrastructure in industrial and urban areas. Addressing a review meeting of the Mahavitaran officials on...