Ayana Renewable Power Private Ltd on Tuesday announced the acquisition of a 100 per cent equity stake in two First Solar-developed photovoltaic (PV) solar power plants, with a total capacity of 40 megawatts (MW). Terms of the transaction, which was closed on July 24, 2020, were not disclosed.

The country’s second-largest manufacturer of electric power transmission towers and one of the world’s largest power transmission engineering, procurement and construction (EPC) companies, KEC International Ltd has secured new orders worth Rs 11.92 billion across its various businesses.

The Competition Commission of India (CCI) has approved the proposed acquisition of 49 per cent of the total equity share capital of Odisha Power Generation Corp. Ltd (OPGC) by Adani Power Ltd (APL).

India is among one of the key producers and consumers of steel pipes and tubes in the Asia-Pacific region. Growth in various end-use industries, especially oil & gas and water, is expected to further propel the demand for these products. By DR. RAMESH CHANDRA MANSUKHANI

The country’s largest renewable energy company, ReNew Power, intends to start manufacturing solar cells and modules in India. The announcement was made by ReNew’s Chairman and Managing Director, Sumant Sinha on Thursday.

Not only was India the world’s largest and most competitive clean energy auction market but it is also a model for other countries looking to leverage low-carbon investments in their COVID-19 economic recovery strategy, a new global report has said.

Union Minister of State (Independent Charge) for Power & New and Renewable Energy, Raj Kumar Singh has assured that the proposed reforms in the nation’s power sector weren’t directed at undermining federalism.

The Power Minister pointed out that from the data on item-wise quantum of imports in power sector given by Directorate General of Commercial Intelligence (DGCI), Department of Commerce it is seen that many types of equipment like transmission line towers, conductors, industrial electronics, capacitors, transformers, cables and insulators and fittings, etc.

The COVID-19 pandemic has provided a major boost to digitalisation across sectors, including power distribution.