PGCIL plans to acquire wire business license in CESU area

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 15, 2013 Power Grid Corporation of India Ltd (PGCIL) has put up a proposal to acquire wire business license within the jurisdiction area of Central Electricity Supply Utility, a power distribution company (discom) in Odisha. As per the proposal, PGCIL will invest in setting up new infrastructure within CESU......

Havells India inks fresh trademark licence pact

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

January 7, 2013 Havells India has inked a pact with a promoter entity whereby the trademark ‘Havells’ would be transferred to the company. “One of its promoter companies, QRG Enterprises Ltd, which owns the trade mark ‘Havells’, has entered into a revised trademark license agreement with the company pursuant to......

Chinese State Grid to invest over 300 billion Yuan in 2013

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 21, 2013 The State Grid Corp., one of China’s two major power grid operators, is going to invest more than 300 billion yuan to develop power grid ultra-high voltage power transmission and smart grid. The investment package maintained stable compared to the 305.4 billion yuan investment in power grid......

ECNEC, Bangladesh approves 78.82 billion development projects

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 19, 2013 The government approved several projects at the regular meeting of the Executive Committee of the National Economic Council (ECNEC) at Sher-e-Bangla Nagar in Dhaka. ECNEC Chairperson and Prime Minister Sheikh Hasina presided over the meeting, Planning Division Secretary Bhuiyan Shafiqul Islam told reporters after the meeting. The......

Alstom T&D India Ltd secures contract from Power Grid

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 19, 2013 Alstom T&D India Ltd announced that it has been awarded a turnkey Fixed Series Compensation (FSC) contract worth around EUR 10 million (INR 650 million) by Power Grid Corporation of India Limited (PGCIL) to improve power quality on the 400kv Wardha-Aurangabad Transmission Network. The company will deliver......

KEC International wins orders worth Rs. 646 crore

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 15, 2013 KEC International Ltd. (KEC) has secured new orders worth Rs. 646 crore in its Transmission and Cable businesses. In transmission business, the company has secured Rs. 559 crore orders from India and Americas. Details are as follows:- 1. Two orders worth Rs. 291 crore from Power Grid......

MoEF approves plan to upgrade Mumbai’s main power transmission network

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 6, 2013 Maharashtra State Electricity Transmission Company (Mahatransco) has announced that the Union Ministry of Environment and Forests (MoEF) of India has cleared its project to upgrade the Mumbai’s main power transmission network. The approval will help Mahatransco to continue the construction of a 130km line, which was stopped......

REC to qualify developers for 220 kV project

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 15, 2013 REC Transmission Projects Company Limited (RECTPCL), subsidiary of state-owned Rural Electricity Corporation (REC) has begun the qualification process for the selection of a transmission service provider (TSP) for the 220 kV Bira-Siul hydro electric power (HEP) – Sarna double-circuit transmission system. The TSP will be selected through......

OPTCL looks for Rs 1,000 crore loan from JICA

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

January 28, 2013 State owned transmission utility – Odisha Power Transmission Corporation Ltd (OPTCL) is looking to avail loan assistance of Rs 1,000 crore from Japan International Cooperation Agency (JICA) for funding new transmission projects. If the funding fructifies, it will be the first assistance to be extended by the......

REC arm incorporates four SPVs for transmission projects

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 16, 2013 REC Transmission Projects Company Limited (RECTPCL), subsidiary of state-owned Rural Electricity Corporation (REC), has incorporated four special purpose vehicles (SPVs) for the development of transmission projects, which are to be awarded through competitive-based tariff bidding soon. The SPVs created include Kudgi Transmission Limited for development of transmission......