The Asian Development Bank (ADB) will provide $500 million loan to help Power Grid finance its transmission projects.
In a turnaround of financials of state discoms, like those of Maharashtra, Rajasthan and Madhya Pradesh, following government initiatives in the last one year
The Centre is set to finalise the creation of a Rs 16,000 crore hydropower development fund to revive stalled projects in the country, a top government official said on Thursday.
Digitization of the power grid in the country will ensure better optimization of resources with the power sector and will eventually bring down the cost of electricity in the country, a Schneider Electric India official said.
India is tightening the rules for businesses entering its power transmission sector and making stringent checks on both power and telecoms equipment for malware — moves that government and industry officials say aim to check China’s advance into sensitive sectors.
State-run Power Grid Corp has approved an investment of Rs 1,931.39 crore for high voltage direct current bipole link between western and southern regions.
Amid continuing military standoff with China over the Dokalam tri-junction, India has started tweaking rules for supplies of equipment to its power transmission and telecom sectors, a move that could put a check on Chinese suppliers’ growing influence in these sensitive industries, say analysts.
India entered the atomic age, more correctly the nuclear age, on 4th August 1956 when Apsara, India’s first nuclear reactor, went into operation.
India plans to introduce smart meters on a large scale to help discoms check power theft and reduce their commercial losses, which have eroded viability of the state power sector.
After Power Grid, NTPC has tied up with Ola Cabs to provide 24X7 tax services to its employees under the Ola Corporate Plan.