CG Power and Industrial Solutions Limited has secured a Rs 583 million contract from Power Grid Corporation of India Limited (PGCIL).
The contract covers the supply of 400kV Shunt Reactors, including 2X125MVAR, 2X80MVAR, and 2X50MVAR reactors, under the Bulk Procurement of 765kV and 400kV class transformers and reactors.
Other bidders included Bharat Heavy Electricals Limited and GE T&D India Limited.
JBM Group has signed a memorandum of understanding (MoU) with Singapore-based Keppel to accelerate global energy transition and sustainable infrastructure growth. The MoU was signed in the presence of Minister of Commerce and Industry Piyush Goyal and Keppel’s Infrastructure Division CEO, Cindy Lim. Under the partnership, JBM Group will leverage its expertise in electric vehicles,…
GE Vernova’s nuclear division, GE Hitachi Nuclear Energy (GEH), has reached a significant milestone with its BWRX-300 small modular reactor (SMR) technology, advancing to Step 2 of the Generic Design Assessment (GDA) in the UK. The GDA process began in January 2024 with an initial focus on establishing the scope and schedule for Step 2,…
Marsons Limited is expanding its manufacturing capabilities to produce transformers of up to 500 MVA in the 400 kV class, strengthening its presence in the extra-high voltage (EHV) transformer segment. The company is the only EHV transformer manufacturer in Eastern India, including the North Eastern Region, and has an installed annual capacity of 12,000 MVA…
The Ministry of Heavy Industries (MHI) has issued final guidelines for the “Scheme to Promote Manufacturing of Electric Passenger Cars in India.” The scheme supports India’s Make in India initiative and aims to attract global electric vehicle (EV) manufacturers. Approved applicants will be allowed to import completely built-up (CBU) electric four-wheelers (e-4W) at a reduced…
Premier Energies has withdrawn from its proposed joint venture with Syrma SGS Technology to acquire a 51% equity stake in K-Solare Energy, ending a transaction that had earlier been positioned as a strategic entry into the solar inverter and renewable energy electronics market. The company said the decision was taken after mutual discussions and a…
India Grid Trust (IndiGrid) has estimated a bid pipeline worth over Rs 651 billion in the power transmission sector, as disclosed in its Q2 FY25 investor presentation. The pipeline includes interstate transmission system (ISTS) projects with issued requests for proposal (RfP). Additionally, IndiGrid sees an estimated Rs 35 billion opportunity in the battery energy storage…