Marine Electricals Secures Rs 2,087.2 Million In Orders
Marine Electricals (India) has secured orders totalling Rs 2,087.2 million (mn), excluding taxes, from Adani Infra (India) and Udupi Cochin Shipyard, according to a regulatory filing to the National Stock Exchange. The orders reinforce the company's presence in power distribution and maritime monitoring solutions. The filing stated that the contracts are for separate projects with distinct delivery schedules. The combined value converts to Rs 2.0872 billion (bn), reflecting a substantial addition to the company's order pipeline. The first contract, awarded by Adani Infra, covers the supply of ..
Cabinet To Clear PPA And PSA In Madhya Pradesh
The state will execute power purchase agreements and power supply agreements only after cabinet approval following a resolution by the board of the MP Power Management Company. The board decided that such pacts will not be finalised until they obtain endorsement from the energy minister and the chief minister and that implementation will proceed through established government channels. The arrangement marks a shift from the earlier practice under which the board approved agreements without subsequent cabinet clearance. The change responds to concerns about fiscal pressure arising from long ter..
APCPDCL Signs Pact With EESL To Promote Energy Efficient Products
Andhra Pradesh Central Power Distribution Company (APCPDCL) has entered into a strategic agreement with Energy Efficiency Services (EESL), a joint venture under the Ministry of Power, to expand access to energy efficient appliances and promote consumer savings. The pact, announced by APCPDCL under the Energy Department, will deploy coordinated measures to encourage adoption of energy saving devices among residential consumers. EESL will supply the products and manage backend operations including inventory and logistics. The move follows APCPDCL achieving an overall A Grade in the Consumer Serv..
Latest Updates
