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Sterlite Grid 32 Announces Closure of INR 2450 Crore Listed NCDs for Mumbai Urja Marg

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The Mumbai Urja Transmission Limited (MUML) project has the potential to carry more than 2000 MW additional power to Mumbai and Navi Mumbai. Jan 6, 2025 Sterlite Grid 32 Limited (SGL32), a subsidiary of Sterlite Power Transmission Limited (SPTL) and a leading power transmission developer, has successfully refinanced its Mumbai......
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Polycab Launches Campaign on Importance of Electrical Safety

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The first Infra Safety conclave held in Mumbai explored the transformative role of cabling solutions in shaping the future of real estate.  Jan 6, 2025 Polycab, India’s largest manufacturer of wires and cables, has launched a campaign ‘Infra Safety: Powering India’s Electrical Future,’ aimed at raising awareness about the critical......
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PGCIL Forms JV with RVPN for Intrastate Grid Development in Rajasthan

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Power Grid Corporation of India Limited (PGCIL) has incorporated a joint venture with Rajasthan Vidyut Prasaran Nigam Limited (RVPN) for the development of Rajasthan’s intrastate power grid. Jan 2, 2025 The Power Grid Corporation of India Limited (PGCIL) has incorporated a joint venture for the development of Rajasthan’s intrastate power......
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CERC Grants Transmission Licence to Khavda IV-A Power Transmission

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The Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission Limited, a TBCB-subsidiary of Adani Energy Solutions Limited (AESL), for a period of 25 years. Jan 2, 2025 The Central Electricity Regulatory Commission (CERC) has granted transmission licence to Khavda IV A Power Transmission......
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IRFC Signs MoU with REMCL to Finance Renewable Energy Projects for Indian Railways

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Indian Railway Finance Corporation Limited (IRFC) has signed an MoU with Railway Energy Management Company Limited (REMCL) to finance renewable energy (RE) projects for the railway sector. Jan 2, 2024 The Indian Railway Finance Corporation Limited (IRFC) has entered into a Memorandum of Understanding (MoU) with the Railway Energy Management......
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Nexans Completes Sale of AmerCable to Mattr

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The divestiture aligns with Nexans’ long-term strategy and allows the group to sharpen focus on its core electrification business. Jan 3, 2025 Nexans has announced the completion of the sale of AmerCable, a leading manufacturer of electrical power, control and instrumentation cables for harsh environments, to Mattr, for an enterprise......
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Bidding Initiated for Intrastate Transmission Scheme in J&K

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The project, scheduled to commission within 18 months of the SPV transfer date, involves a large number of grid substations & transmission lines of up to 220kV, and aims to strengthen the intrastate transmission network in the UT of J&K. Jan 2, 2025 Bidding has commenced for the development of......
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Prysmian Expands Cable-Laying Vessel Fleet with EUR 350 Million Investment

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The two new cutting-edge vessels will reinforce Prysmian’s submarine project execution capabilities and take its current fleet of six Prysmian’s current fleet of six state-of-the-art cable-laying vessels to eight. Jan 2, 2025 Prysmian Group has announced an investment of approximately EUR 350 million for two new cable-laying vessels that will......
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POWERGRID Gets USD 200 Million Green Loan from Sumitomo Mitsui Banking Corporation

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The green loan pact for USD 200 million with greenshoe option of USD 150 million, will aid the development of critical infrastructure for evacuation of renewable energy and its integration into the national grid. Jan 2, 2025 State-owned Power Grid Corporation of India Limited (PGCIL) has signed a green loan......
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