Siemens Energy India lists on stock exchanges
Author: PPD Team Date: June 23, 2025
Author: PPD Team Date: June 23, 2025
Siemens Energy India Ltd (SEIL) was officially listed on BSE Ltd and the National Stock Exchange of India Ltd on June 19, 2025, completing the demerger of Siemens Ltd’s energy business.
With this listing, SEIL begins operating as an independent entity with a focus on transparency, agility, and strategic alignment to India’s fast-evolving energy sector.
SEIL employs over 4,200 professionals and operates ten manufacturing units and eleven regional offices across India. SEIL also serves neighbouring countries such as Bhutan, Nepal, Sri Lanka, and the Maldives.
The company is majority-owned by Siemens AG and its subsidiaries (69%), with Siemens Energy AG subsidiaries holding an additional 6%, and the rest under free float.
SEIL has contributed to key projects, including India’s first HVDC link using voltage-sourced converter (VSC) technology and recently completed its 1,700th steam turbine at its Vadodara facility.
SEIL is investing Rs 4.60 billion to expand its Kalwa transformer plant and has launched a Competency Hub to drive innovation in energy technologies.
Author: PPD Team Date: November 25, 2024 The Australian Capital Territory (ACT) government and Eku Energy have commenced construction of the Williamsdale Battery Energy Storage System (BESS), a 250 MW/500 MWh project under the ACT Government’s Big Canberra Battery initiative. Scheduled to begin operations in 2026, the BESS will store enough renewable energy to power one-third of Canberra for two hours during peak demand, playing a pivotal role in achieving the ACT’s net-zero emissions target…
Author: PPD Team Date: January 21, 2026 Rajgarh III Power Transmission Limited, a project-specific special purpose vehicle (SPV), has been struck off the Register of Companies, effective January 20, 2026. The entity was a wholly owned subsidiary of REC Power Development and Consultancy Limited (RECPDCL), which in turn is a subsidiary of REC Limited. The dissolution follows a decision announced by REC in June 2025 to consolidate two transmission projects in Madhya Pradesh. Rajgarh III…
Author: PPD Team Date: June 27, 2025 The World Bank Group has signed an agreement with the International Atomic Energy Agency (IAEA) to promote the safe and responsible use of nuclear energy in developing countries. The move marks the World Bank’s first direct engagement with nuclear power in decades. The memorandum of understanding focuses on three key areas: First, the IAEA will help the World Bank expand its knowledge of nuclear safety, new technologies, waste…
Author: PPD Team Date: November 6, 2024 The Indian Energy Exchange (IEX) reported a traded electricity volume of 9,642 million units (MU) in October 2024, marking a 4% year-on-year growth. IEX also traded 4.44 lakh renewable energy certificates (RECs) in October, a notable 105% increase from the previous year. India’s energy consumption for October reached 140.4 billion units (BUs), a 1% increase from the previous year, according to government data. The Market Clearing Price in…
Author: PPD Team Date: September 22, 2025 The Ministry of New and Renewable Energy (MNRE) has extended the Solar Park Scheme’s timeline by three years, keeping it active until March 31, 2029. The extension covers the completion of ongoing solar parks and settlement of committed liabilities, without additional financial allocation. New project approvals under the scheme will only be granted until March 31, 2026, for any remaining capacity within the existing program framework. The scheme…
Author: PPD Team Date: December 12, 2024 RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind. Located in the northern Groningen province, Eemshaven will serve as the hub for turbine assembly and construction activities in collaboration with Buss Terminal Eemshaven. Construction at the offshore site is set to begin in early 2026, with turbine components and inter-array…