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Transmission & distribution

India needs $300 billion to meet 2030 target of 500 GW non-fossil energy capacity

A new report by Arthur D. Little presents an integrated blueprint for India to achieve its true potential in the power sector with a focus on renewables.

Larsen & Toubro secures power transmission projects in Saudi Arabia

The Indian multinational EPC provider has secured significant transmission lines and substations projects in Saudi Arabia.

Hitachi Energy to supply power transformers for India’s largest solar energy park

Hitachi Energy will provide made-in-India power transformers for NTPC’s upcoming 4.75 GW solar energy park in Gujarat.

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Waaree Renewable Technologies to merge three arms

The solar equipment manufacturer and power producer announced this week its board of directors had approved the scheme for the merger of Sangam Rooftop Solar, Waaree PV Technologies, and Waasang Solar with the company.

India’s power market design must evolve as renewables’ share rises, says IEEFA  

A new report by IEEFA says India’s power market design must evolve to transition faster to an ultra-low-cost renewable energy-based electricity system. 

Hitachi Energy ramps up manufacturing of ‘power quality’ products

Hitachi Energy’s new production facility in India will manufacture solutions that support stable electrical networks and reduce energy consumption.

Tata Power posts 50% jump in net profit for FY2021-22

Tata Power’s profit after tax grew by 50% year on year to INR 2,156 crore ($276 million) for the fiscal year ending March 31, 2022.

India to lead new energy wave

A new report from the Institute for Energy Economics and Financial Analysis (IEEFA) tracks key trends at major companies across India’s power sector value chain. It finds the nation is poised to lead the clean energy wave, with investors committing in response to the bold policies that are enabling the transition.

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Abu Dhabi’s International Holding Company to invest US$ 2 billion in Adani Group’s green portfolio

Abu Dhabi-based International Holding Company (IHC) has signed the agreement to invest US$ 500 million in Adani Green Energy Ltd, US$ 500 million in Adani Transmission Ltd, and US$ 1 billion in Adani Enterprises Ltd.

Sterlite Power wins second power transmission project in Jammu & Kashmir

This project will play a pivotal role in strengthening the economy and empowering the local community in addition to supplying reliable green power to North India including Jammu and Kashmir.

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