KEC International, TRIL, and HPL secure major contracts in T&D sector
Author: PPD Team Date: March 21, 2025
Author: PPD Team Date: March 21, 2025
KEC International Limited has won a contract from Power Grid Corporation of India Limited (PGCIL) for the construction of an 800 kV high voltage direct current (HVDC) and 765 kV transmission line. The contract was awarded on March 15, 2025.
Transformers and Rectifiers India Limited (TRIL) has secured a Rs 7.26 billion contract from Gujarat Energy Transmission Corporation Limited (GETCO) for the supply of auto transformers and bus reactors. The contract, awarded on March 17, 2025, is expected to be completed within 18 months.
HPL Electric and Power Limited (HPL) has won a Rs 3.69 billion contract for the supply of smart meters. The project will be executed as per the terms and conditions of the purchase order or supply agreement, contributing to India’s smart grid infrastructure.
Author: PPD Team Date: February 10, 2025 Sinovoltaics’ Q1 2025 global PV Module Manufacturers Ranking shows India-based Insolation Energy, Waaree Renewable Technologies, and Solex Energy as the top three. The Altmann Z-score-based ranking covers 63 suppliers, tracking financial health from March 2022 to December 2024. The updated top ten list: Insolation Energy (India) Waaree Renewable Technologies (India) Solex Energy (India) Eterbright (HIWIN) (Taiwan) First Solar (U.S.) Boviet Solar (China) DMEGC Solar (China) Phono Solar (China)…
Author: PPD Team Date: January 14, 2025 Lupin Limited has acquired a 42.61% equity stake in Sunsure Solarpark Seventeen Private Limited. This follows the share subscription and shareholders agreement with Sunsure Solarpark and Sunsure Energy Private Limited, involving an equity investment of Rs 105.53 million, to be executed in two tranches.
Author: PPD Team Date: September 16, 2025 Mozambique is advancing plans for the $6 billion Mphanda Nkuwa hydroelectric project on the Zambezi River, backed by the World Bank and private partners. The facility is expected to generate 1,500 megawatts when it becomes operational in 2031, making it southern Africa’s largest hydropower project in five decades. World Bank President Ajay Banga highlighted the economic impact of electrification during a July visit to Mozambique, noting how access…
Author: PPD Team Date: November 4, 2024 Genus Power Infrastructures Ltd announced an outstanding order book of Rs 317.76 billion (net of taxes) as of September 30, 2024, including orders from the GIC platform and all company SPVs. This robust order book comprises long-term smart metering concessions of 8-10 years. Commenting on the company’s Q2FY25 performance, Joint Managing Director Jitendra Kumar Agarwal highlighted the strategic advantage provided by this strong order book. Execution is expected…
Author: PPD Team Date: December 2, 2025 Uttar Pradesh has announced a new scheme that offers major relief on overdue electricity bills. The Bijli Bill Rahat Yojana from Uttar Pradesh Power Corporation Ltd starts on December 1 and provides a full waiver of surcharge and interest for eligible users, along with a cut in the principal amount. The scheme applies to domestic consumers under LMV 1 with loads up to 2 kW and small commercial…
Author: PPD Team Date: November 12, 2024 PFC Consulting Limited (PFCCL), a subsidiary of Power Finance Corporation Limited, has transferred two wholly owned subsidiaries, Khavda PSI and 3 Transmission Limited and Barmer I Transmission Limited, to Power Grid Corporation of India Limited (Powergrid) for a total of Rs 268.2 million. Khavda PSI and 3 Transmission Limited was transferred for Rs 79.2 million, and Barmer I Transmission Limited for Rs 189 million. Barmer I Transmission Limited…