distribution

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Lower T&D Losses Drive Torrent Power’s Profit Up 88% YoY

Gujarat-based power company Torrent Power posted a profit of ₹6.94 billion (~$83.7 billion) for the third quarter (Q3) of the financial year (FY) 2023, a year-over-year...

February 15, 2023

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Gourav Mishra

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Finance and M&A

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Other

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Press Releases
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Daily News Wrap-Up: KEC International Bags Order for 500 MW Solar Project in India

Here are some noteworthy cleantech announcements of the day from around the world: Global infrastructure engineering, procurement, and construction company KEC...

December 20, 2022

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Arjun Joshi

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Other

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Renewable Energy
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Heavy Penalty Prompts DISCOMs to Clear Dues Worth ₹246.8 billion Since June

The prospect of heavy penalties on delayed payments has prompted the state-owned power distribution companies (DISCOMs) to clear outstanding dues worth ₹246.8 billion...

December 1, 2022

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Gourav Mishra

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Other

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Renewable Energy
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US Announces a $13 Billion Fund to Expand and Modernize Electric Grid

The Biden administration, through the U.S. Department of Energy (DOE), has announced $13 billion to expand and upgrade the national electric grid. Funded by the...

November 21, 2022

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Gourav Mishra

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Other

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Renewable Energy
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REC Limited Posts Annual Profit of ₹100 Billion, its Highest-Ever

REC Limited, a public infrastructure finance company, reported a total income of ₹392.30 billion (~$5.05 billion) for the financial year (FY) 2022, an 11% increase...

May 17, 2022

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Satish Shetty

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Markets & Policy

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Solar
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Projects Worth ₹308.02 Billion Approved to Strengthen Power Distribution Network

Projects worth ₹308.02 billion (~$4.12 billion) have been approved to date under the Integrated Power Development Program (IPDS), Minister of Power and New and Renewable...

February 9, 2022

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Harsh Shukla

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Grid

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Market & Policy
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Thirty-Nine DISCOMs Submit Draft Proposals Under Power Reforms Program

The Ministry of Power (MoP) has said that 39 out of 55 electricity distribution companies (DISCOMs) have submitted draft proposals under the ₹3.03 trillion (~$40.82...

December 27, 2022

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Arjun Joshi

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Grid

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Market & Policy
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Power Ministry Mandates Quarterly Energy Audits by DISCOMs to Reduce T&D Losses

The Ministry of Power (MoP) has directed power distribution companies (DISCOMs) to undertake energy accounting periodically to develop a comprehensive energy accounting...

October 12, 2021

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Harsh Shukla

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Grid

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Market & Policy
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Bids Invited to Set Up a 5 MW Floating Solar Project at a Thermal Power Station

The West Bengal Power Development Corporation Limited (WBPDCL) has invited bids for setting up a 5 MW grid-connected floating solar power project at the Santhaldih...

February 24, 2021

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Nithin Thomas Prasad

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Solar

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Tenders & Auctions
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Telangana Drafts A Detailed Plan for Integration of Smart Grid Technology

The Telangana State Electricity Regulatory Commission (TSERC) has drafted smart grid regulations to enhance the efficiency of its power generation, transmission, and...

November 26, 2020

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Nithin Thomas Prasad

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Energy Storage

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Market & Policy
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DISCOM Privatization: Chandigarh Invites Bidders to Acquire its Distribution Licensee

The Chandigarh Administration has issued a request for proposal (RfP) inviting bidders to acquire its distribution company (DISCOM). In the notice inviting bids, the...

November 11, 2020

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Nithin Thomas Prasad

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Grid

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Market & Policy
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Tamil Nadu‘s New Tariff Order for Solar Procurement

The Tamil Nadu Electricity Regulatory Commission (TNERC) has issued a tariff order for solar power procurement by distribution licensees. The effective date of the order...

October 22, 2020

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Nithin Thomas Prasad

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Markets & Policy

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Solar
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NTPC and NIIF Sign Pact to Attract Investment for India’s Renewable Sector

NTPC Limited said it entered into a memorandum of understating (MoU) with the National Investment and Infrastructure Fund (NIIF) to explore new opportunities for...

July 17, 2020

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Staff

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Other

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Renewable Energy
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Tata Power Installs 200,000 Smart Meters in the National Capital

Tata Power Delhi Distribution Limited (TPDDL) announced that it installed 200,000 smart meters across its consumer segments. It supplies electricity to a population of...

June 23, 2020

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Nithin Thomas Prasad

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Energy Efficiency

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Other
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GE T&D to Set Up Gas-Insulated Substation in Jaipur to Evacuate 1 GW of Solar Power

GE T&D India Limited, a transmission, and distribution company, announced that it has been awarded a contract by the Power Grid Corporation of India Limited (PGCIL)...

February 7, 2020

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Nithin Thomas Prasad

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Grid

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T&D

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