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PFC sets up SPV for Establishment of 765/400/220 kV AIS Kandalgaon
Power Finance Corporation Limited has set up a new Special Purpose Vehicle through its wholly owned subsidiary PFC Consulting. The SPV, named Raigad Power Transmission Limited, will support the development of the project titled Establishment of 765/400/220 kV AIS Kandalgaon in Raigad district of Maharashtra. Maharashtra State Electricity Transmission Company appointed PFC Consulting as the…
Jakson Green achieves milestone for methanol production for NTPC
Jakson Green, in collaboration with NTPC, has synthesized methanol from carbon dioxide captured at NTPC’s Vindhyachal Thermal Power Plant in Madhya Pradesh. The project, led by NTPC’s R&D unit, NETRA, captures CO2 directly from flue gas emissions and converts it into methanol, a clean fuel for power generation and transportation. This achievement marks the first…
IndiGrid to acquire NERES XVI transmission project from Techno Electric
IndiGrid Infrastructure Trust (IndiGrid) has signed definitive agreements with Techno Electric & Engineering Company Ltd (TEECL) to acquire NERES XVI Power Transmission Ltd (NPTL), an interstate transmission project in the Northeast, following its commissioning and receipt of necessary approvals. The project includes a 400/220/132 kV substation with a total transformation capacity of 1,400 MVA and…
Indonesia’s tower collapse raises questions over grid resilience in renewable push
The collapse of 12 transmission towers in Indonesia’s North Sumatra region has triggered fresh concerns over the resilience of power infrastructure in fast-growing renewable energy markets. Indonesia-based think tank Institute for Essential Services Reform (IESR) said the incident exposed structural weaknesses in the country’s transmission network, particularly as the affected 275 kV Galang–Simangkuk extra high…
CEA issues ester oil advisory amid West Asia crisis
The Central Electricity Authority (CEA) has issued an advisory directing central, state, and private transmission utilities to use Ester Oil as the insulating and cooling fluid in at least 10% of new transformers, reactors, and other electrical equipment for all voltage classes of 33 kV and above. The move has been linked to the ongoing…
Gensol Engineering plans Rs 3.5 billion sale of US subsidiary
Gensol Engineering Limited has signed a non-binding term sheet for a Rs 3.5 billion strategic transaction to sell its US subsidiary, Scorpius Trackers, to a major renewable energy solutions provider in the US. The deal includes the transfer of exclusive global intellectual property rights for Scorpius Trackers’ advanced solar tracking technology. The transaction will be…
