POWERGRID Takes Remaining 74% Stake in Jaypee Powergrid Limited JV Updated On Tue, Mar 23rd, 2021 by Saurenergy POWERGRID has signed an agreement with JPVL to acquire 74% stake in Jaypee Powergrid Limited-JV in which POWERGRID already holds 26% equity. Power Grid Corporation of India Limited (POWERGRID), a Maharatna PSE under the Ministry of Power, Government of India has announced that it has signed a Share Purchase Agreement with Jaiprakash Power Ventures Limited […] Read more
AfDB Funds $530 Mn Transmission Line in Angola to Boost Renewable Distribution Updated On Mon, Mar 22nd, 2021 by Saurenergy AfDB to finance transmission line that will connect the north and south grids in Angola and allow for the distribution of clean energy The African Development Bank (AfDB) has committed USD 530 million to finance the construction of a 343 km, 400 kV central-south transmission line that will connect the north and south transmission grids […] Read more
Siemens Commissions India’s First HVDC Power Transmission Link Updated On Wed, Mar 17th, 2021 by Saurenergy Siemens has successfully commissioned India’s first high-voltage direct current (HVDC) link between Pugalur and Thrissur. Siemens Limited has announced that it has successfully commissioned India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) technology. The 2,000 megawatts (MW) electricity transmission system, consisting of two links between Pugalur in the state of Tamil Nadu […] Read more
IndiGrid to Acquire North Eastern Transmission Project ‘NER-II’ From Sterlite Updated On Mon, Mar 8th, 2021 by Saurenergy IndiGrid has signed documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for Rs 4,625 crore. IndiGrid has announced that it has signed binding documents for the acquisition of a 100 percent equity stake in NER II Transmission from Sterlite Grid for no more than Rs 4,625 crore. The sale of […] Read more
PM Modi to Kick off key Solar and Transmission Projects in Kerala Updated On Fri, Feb 19th, 2021 by Saurenergy Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today Prime Minister Narendra Modi will inaugurate and lay the foundation stone of key projects of power and urban sector in Kerala today (February 19, 2021) via video conferencing. The two big projects are […] Read more
POWERGRID Wins 2 Transmission Projects in Rajasthan Solar Energy Zone Updated On Thu, Feb 18th, 2021 by Saurenergy POWERGRID to establish two transmission projects for the evacuation of power from the Solar Energy Zones (SEZ) in Rajasthan. POWERGRID, Power Grid Corporation of India (PGCIL), has announced that it has been declared as the successful bidder under Tariff Based Competitive Bidding (TBCB) to establish two transmission projects on a build, own operate and maintain […] Read more
Power System Overcapacity Problem in Bangladesh Getting Worse: IEEFA Updated On Fri, Jan 22nd, 2021 by Saurenergy Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note by IEEFA. Overcapacity in the power system of Bangladesh has worsened and threatens to deteriorate further according to a new briefing note released by the Institute for Energy Economics and Financial Analysis (IEEFA). Data from […] Read more
EPTA Seeking Resolution of RoW for RE Evacuation Projects in Gujarat Updated On Mon, Jan 18th, 2021 by Saurenergy The EPTA wants timely government intervention for securing RoW resolution so that transmission projects for the evacuation of RE power in Gujarat can resume development at the earliest The Government of India has set a target for establishing 175 GW renewable capacity in the country by 2022 which includes 100 GW of solar and 60 […] Read more
Sterlite Power Appoints Amitabh Prasad as Brazil CEO Updated On Thu, Jan 14th, 2021 by Saurenergy Sterlite Power, a leading global developer of power transmission, has announced the appointment of Amitabh Prasad as CEO, Sterlite Power Brazil. After two years of association with the company in various leadership positions, Ricardo Cleber Zangirolami has decided to step down from the CEO position due to personal reasons. He will continue to support the […] Read more
