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Asia-Pacific T&D project tenders activity down 74% in Q2 2021
There were 91 T&D project tenders announced in the Asia-Pacific region in Q2 2021, marking a drop of 74% over the last four-quarter average of 354, according to GlobalData’s power industry tenders database.
Vedanta Aluminium becomes India’s largest green power purchaser
The company purchased 354 million units of renewable energy in FY22 from the IEX Green-Term Ahead Market.
Tata Steel pioneers the deployment of electric vehicles for transportation of finished steel
Tata Steel has contracted for 27 EVs, each with a carrying capacity 35 tonnes of steel (minimum capacity). The Company plans to deploy 15 EVs at its Jamshedpur plant and 12 EVs at its Sahibabad plant.
Tata Power’s innovative high-tension transmission tower to put Mumbai Metro work on fast track
Carrying 220 kV power lines overhead, the tower will facilitate clearance of obstructing transmission lines over the Mumbai Metro rail network between Amar Mahal, Ghatkopar and Vikhroli.
Tata Power-DDL among the first utilities in the country to meet 100% renewable purchase obligation compliance
The company sourced more than 2000 million units (MUs) of green power from renewable sources like solar, wind, hydro and waste-to-energy including large hydro sources and fulfilled Renewable Purchase Obligation (RPO) for FY 2020-21.
Tata Power tops CRISIL’s ESG scores for power companies in India
The company has fared well on all Environmental, Social and Governance (ESG) parameters and scored an impressive 67 out of 100.
Microchip launches 1700V silicon carbide alternative to silicon IGBTs
Silicon carbide portfolio with 1700V MOSFET die, discrete and power module devices extend designers’ options for efficiency, power density.
Government plans to commission more nuclear power plants for augmenting power generation
There are presently 22 reactors with a total capacity of 6780 MW in operation and one reactor of 700 MW has been connected to the grid on January 10, 2021.
ABB to divest mechanical power transmission division for $2.9 billion
The transaction is expected to be completed by the end of the year 2021, subject to customary closing conditions, including regulatory review.
IEX partners with the Belgian scale-up N-SIDE to implement its power matching solution
Indian power exchange IEX has partnered with the Belgian scale-up N-SIDE to implement its power matching solution based on mixed-integer linear programming for price discovery in its day-ahead market.
