In Short : Central Electricity Regulatory Commission has proposed appointing Grid India as the market coupling operator for power exchanges. The move aims to unify price discovery, enhance efficiency, and improve transparency in electricity trading, marking a significant reform in India’s evolving power market structure and grid management framework. In Detail : Central Electricity Regulatory […]
PGCIL Board Approves New Merger Plan for 28 Subsidiaries to Streamline Operations – EQ
In Short : The board of Power Grid Corporation of India Limited approved a new merger plan for 28 subsidiaries to simplify corporate structure and improve operational efficiency. The restructuring aims to enhance asset management, reduce administrative overheads, and strengthen project execution. The move is expected to support transmission expansion, financial optimization, and long-term growth […]
Reliance Industries Consolidates 16 Step-Down Subsidiaries into Reliance New Energy to Streamline Clean Energy Operations – EQ
In Short : Reliance Industries has merged 16 step-down subsidiaries into Reliance New Energy, reinforcing its strategic focus on clean energy and new-age technologies. The consolidation aims to simplify the corporate structure, improve operational efficiency, optimise resource deployment, and strengthen execution across renewable energy, energy storage, and green technology initiatives within the Reliance ecosystem. In […]