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A Ray of Hope, Amid the Gloom

A Ray of Hope, Amid the Gloom

Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.

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Energy Transition

Energy Transition

A record capacity of over 75 GW was added over the last three years leading to over-capacity in thermal power. Industry doesn't see new thermal capacity being planned for some time, however, the existing capacity close to commissioning, or under construction will come to grid.

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Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities

Hartek Group bags PSPCL smart grid order for three upcoming Smart Cities

Chandigarh-based Hartek Group, one of IndiaÂ’s fastest growing concerns catering to the power sector, has bagged a smart grid order from the Punjab State Power Corporation Ltd (PSPCL) for the supply, installation and commissioning of Supervisory Control and Data Acquisition (SCADA) relays at 55 substations in the upcoming Smart Cities of Ludhiana, Amritsar and Jalandhar.

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ABB wins Rs 4,350 crore deal for long distance power transmission link

ABB wins Rs 4,350 crore deal for long distance power transmission link

ABB has teamed up with Power Grid Corporation of India Limited in a mega project worth over Rs 4,350 crore for ABB to deliver a transmission link that will have the capacity to bring reliable electricity to more than 80 million people. The Raigarh-Pugalur 800 kilovolt (kV) ultrahigh-voltage direct current (UHVDC) system will connect Raigarh in Central India to Pugalur in Tamil Nadu.

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A Bright Future Beckons

A Bright Future Beckons

Numerous steps by the Indian government to combat challenges facing the domestic power sector will realise immense potential, says Anil Kadam, Solution Architect & Marketing, Energy & Utilities, Schneider Electric India.

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