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CEA pushes national standard for DT design and maintenance
The Central Electricity Authority (CEA) held a meeting to advance national standardisation of distribution transformer design and maintenance. The aim is to improve reliability and reduce the average failure rate of about 10 per cent, which results in nearly 1.3 million failures every year. The Standardisation Cell met under the chairpersonship of the Chief Engineer…
PFC and REC boards approve merger proposal for presidential clearance
REC Limited and Power Finance Corporation Limited (PFC) have announced that their respective Boards of Directors have approved the proposal for the merger of REC into PFC, subject to the approval of the Hon’ble President of India in accordance with their Articles of Association. In separate exchange filings, both state-owned non-banking financial companies (NBFCs) said…
QPEEL secures Rs 197 million reactor order for renewable energy grid integration
Quality Power Electrical Equipments Limited (QPEEL) has landed an order worth Rs 197 million for the supply of reactors for flexible alternating current transmission systems (FACTS) used in power transmission. The single large order, placed by a Fortune 500 client, is specifically geared toward coil products for FACTS applications in the renewable energy segment. The…
Hellenic Cables secures contract for Leading Light Wind project in the US
Hellenic Cables, part of Cenergy Holdings, has won a contract to supply 65km of 132kV inter-array cables for the Leading Light Wind project, a 2.4GW offshore wind farm located over 40 miles off the New Jersey coast. Cable manufacturing will commence in autumn 2024 at the company’s Corinth facility in Greece, with delivery expected by…
StarCharge to deliver 1 GWh battery storage systems to Prozeal Green
StarCharge has entered into an agreement with Prozeal Green Energy Limited to supply 1 gigawatt-hour (GWh) of battery energy storage systems (BESS) for deployment across multiple locations in India. As part of the agreement, StarCharge will provide its 5 megawatt-hour (MWh) container-based energy storage units. These systems are intended to improve grid stability and support…
AMPIN Energy Transition achieves financing for RE project in Rajasthan
AMPIN Energy Transition has achieved financial closure for its 200 MW solar-wind hybrid project in Rajasthan, securing green financing of Rs 7.42 billion from Standard Chartered. The total investment in the project is valued at Rs 9.44 billion. Upon completion, the plant is expected to generate approximately 435 million units of renewable energy annually, supplying…
