In Short : Power Grid Corporation, a Maharatna PSU, plans over ₹3 lakh crore capex by 2032, primarily for transmission projects. Currently managing ₹1.54 lakh crore worth of projects, it aims for 50% renewable electricity use by 2025, net water positivity by 2030, and zero landfill waste. The company focuses on green infrastructure like battery […]
Trials for Coal India’s in-house e-auction platform to begin in May – EQ Mag
Within the next three-four months, all e-auctions of Coal India will move to the in-house platform Trials for Coal India’s in-house e-auction platform will begin in May, a senior official said on Thursday. At present, the e-auctions are conducted through external agencies, such as MSTC Ltd and mjunction Ltd. Within the next three-four months, all […]
Meet the Man Encouraging EV Adoption by Installing 5000 Chargers in 20 States – EQ Mag Pro
Exicom Power Solutions recently announced that it has completed building and installing its 5,000th electric vehicle (EV) charger. Anant Nahata, MD and CEO of the company tells us about this milestone. On 23 March 2022, Exicom Power Solutions, a Gurugram-based venture, commissioned their 5000th electric vehicle (EV) charger. This milestone was achieved by installing a […]
MNRE schemes encouraged PSUs to install solar power plants – EQ Mag Pro
More than 100 GW capacity of renewable energy projects have been installed in the country as it affords multiple benefits including lower tariff. New Delhi: The Ministry of New & Renewable Energy (MNRE) has brought out the schemes to encourage the Public Sector Undertakings (PSUs) to install solar power plants in the country. 1000 MW […]
”Gold Electrode” to Facilitate Solar Windows in Achieving New Conversion Record of 19.8% for Semi-Transparent Perovskite
Being the next generation high profile cell, there are numerous studies regarding perovskite solar, and US scientists have recently introduced a brand new ultra-thin gold electrode, which not only produced a record 19.8% semi-transparent perovskite cell when applied on perovskite solar, but also achieved an efficiency of 28.3% when concatenated with silicon solar. Perovskite solar […]
Discoms’ Outstanding Dues to Gencos Fall 3% to Rs 78,379 Cr in March
Total dues owed by electricity distribution companies to power producers fell 3.4 per cent to Rs 78,379 crore in March 2021 as compared to the year-ago period, showing a reversal of discoms’ growing outstandings. Outstanding dues of discoms towards electricity producers have been increasing year-on-year as well as month-on-month for years showing perennial stress in […]
Power Grid may launch landmark Rs 7,700 crore InvIT IPO on April 29, first ever by a PSU in India
The move comes at a time when the government has set a disinvestment target of Rs 1.75 lakh crore for FY22 and is betting big on initial public offerings (IPOs) by Life Insurance Corporation and Air India IPOs. Electricity transmission company Power Grid Corporation of India is preparing to launch the first ever InvIT (infrastructure […]
Power Grid files offer document for InvIT IPO, first ever by a PSU
This will be the first time a state owned entity is monetizing its infrastructure assets through the InvIT route The InvIT will initially comprise of 11 power transmission lines currently owned and operated by Power Grid Mumbai: State owned power transmission company Power Grid Corp of India Ltd has filed the draft IPO papers for its first […]
NLC India’s power generation in Jan-Mar rises 9 pc to 6,098 MU
Power export during the quarter and year ended March 31 was 5,301 MU and 18,840.84 MU, respectively as against 4,766.54 MU and 17,505.30 MU in the corresponding periods of the previous year New Delhi: NLC India’s power generation in March quarter 2019-20 was at 6,098 million units (MU), a rise of 9.18 per cent from […]
NHPC to develop 155 MW hydro, 50 MW solar projects in Ladakh
“While explaining the techno-commercial viability of projects, NHPC proposed that taking advantage of high solar irradiance of the region, blending of hydro power with solar power may also be explored,” said a press release New Delhi: State-run hydro power giant NHPC is planning to develop three hydropower projects with a total capacity of 155 megawatt […]