Gensol Engineering Limited has incorporated three new subsidiaries: Innogrid Energy Private Limited, Hari Shakti Energy, and Shakti Sangini Energy Private Limited. Gensol has subscribed to 10,000 equity shares in each subsidiary, representing 100 percent of their total share capital, with an investment of Rs 100,000 per company. These subsidiaries are now wholly-owned by Gensol Engineering.
The Southern Regional Power Committee (SRPC) has proposed enhancing the reverse transfer capacity of the ±800kV, 6000 MW Raigarh-Pugalur HVDC system from 3,000 MW to 6,000 MW. The National Committee on Transmission (NCT) is expected to discuss this proposal in its upcoming meeting later this month. Currently, the Raigarh-Pugalur HVDC link can transfer 6,000 MW in the forward direction from Raigarh (Chhattisgarh) to Pugalur (Tamil Nadu). The estimated cost for the reverse capacity project is…
KEI Industries Ltd has completed brownfield capacity expansions at its Chinchpada (Silvassa, Dadra Nagar Haveli, and Daman & Diu) and Pathredi (Rajasthan) cable manufacturing units in the first half (H1) of FY25. The expansions, fully commissioned between April and September 2024, have increased the company’s low-tension (LT) cable capacity to approximately Rs 9 billion annually. The company invested Rs 3.12 billion in H1 FY25, covering the brownfield projects and the greenfield plant at Sanand in…
Schneider Electric has unveiled “Miluz ZeTa,” its latest range of switches, sockets, and home connectivity solutions in the Indian market. The Miluz ZeTa collection features innovations like a patented space-saving switch socket, an Air Quality Indicator (AQI), and a Voltage Surge Protector (VSP). Compatible with the Schneider Electric Wiser system, the range facilitates seamless energy management and smart home integration. The Miluz ZeTa range, which recently won an accolade at India’s Best Design Awards 2024,…
The Asian Development Bank (ADB) has approved a USD 241.3 million financing package to enhance electricity distribution in West Bengal, ensuring a reliable and sustainable power supply. This program aligns with the revamped distribution sector scheme (RDSS) to strengthen operational efficiency in power distribution companies. The West Bengal Distribution System Strengthening Program will cover seven districts, benefiting 8.96 million consumers. Key components of the program include replacing low-tension overhead lines with aerial bundled cables, establishing…
Power Grid Corporation of India Ltd (PGCIL) has received letters of intent (LoIs) for two interstate transmission system (ISTS) schemes for evacuating renewable energy from Rajasthan’s Renewable Energy Zone (REZ) Phase IV (6 GW) [Bikaner complex]. The LoIs were issued on October 21, 2024, with PGCIL confirming the notifications on October 22, 2024. The two schemes are: Transmission system for evacuation of power from Rajasthan REZ Phase IV (Part-3: 6 GW) [Bikaner complex]: Part A-…
India’s data centre capacity is projected to reach 2,000-2,100 MW by FY27, driven by investments between Rs 500 billion and Rs 550 billion, according to Investment Information and Credit Rating Agency (ICRA). The current capacity is 950 MW, with NTT Global Data Centers, CtrlS Datacenters, STT Global, Sify Technologies, and Nxtra Data controlling 85 per cent of the market as of March 2024. Low data tariffs, affordable smartphones, and technology adoption fuel the surge in…
Mahatma Phule Renewable Energy and Infrastructure Technology (MAHAPREIT) has launched a tender for the installation of 30 MW of distributed grid-connected rooftop solar systems on government buildings in Goa. The project scope includes design, supply, installation, commissioning, and five years of maintenance. The bid submission deadline is set for November 4, 2024, with a non-refundable fee of Rs 10,000 plus 18 per cent GST. Previously, in October 2024, MAHAPREIT floated a tender for 3.2 MW…
The Ministry of Coal has opened bids for the 10th round and the second attempt of the 9th and 8th rounds of commercial coal mine auctions. In the 10th round, 43 bids were received for 16 out of the 61 mines on offer. However, in the second attempt of the 9th round, only 1 bid was submitted for the 5 mines available. No bids were received for the single mine offered in the second attempt…
PFC Consulting Ltd (PFCCL) has formed a wholly-owned subsidiary named “Gadag II and Koppal II Transmission Ltd” on October 21, 2024, as a special purpose vehicle (SPV) for an interstate transmission system (ISTS) scheme in Karnataka. The project, titled “System strengthening at Koppal-II and Gadag-II for integration of RE generation projects,” is aimed at enhancing capacity at the Koppal-II and Gadag-II pooling stations to support growing renewable energy (RE) connections. PFCCL has commenced the bidding…