India takes major step towards creation of regional power grid

20 Apr 2021 CW Team

In a major stride towards creating a robust regional power grid, the country’s largest power trading platform, the Indian Energy Exchange (IEX), commenced the Cross Border Electricity Trade (CBET) on Monday.

As per the CEA and CERC, as of date, India imports 8.7 BU of electricity from Bhutan and exports 2.37 BU and 7 BU to Nepal and Bangladesh, respectively. The power trade with these countries is expected to increase to about 40 BU by FY2022 and 70 BU to FY2027 according to a study by the New Delhi-based think tank, Integrated Research and Action for Development (IRADe).

This maiden initiative will help energy exchanges based here progressively extend their reach beyond the country’s territorial boundaries to not only countries of South Asia but also a large market like Myanmar in the South East Asia region under the evolving grid.

Although CBET rollout was anticipated in 2020 itself, it took some time to iron out certain procedural challenges, official sources told CW’s group publication Infrastructure Today.

SN Goel, Chairman & Managing Director, IEX; Mohit Bhargava, CEO, NVVN & Executive Director Renewable Energy, NTPC; and Pankaj Batra, Project Director, SARI/EI/IRADe, weigh in with insights and plans based on the initiative.

Read full story here

Infrastructure Urban

10 Mar 2026

ABB to Invest Rs 6.25 Billion to Expand India Manufacturing

ABB recently announced plans to invest approximately Rs 6.25 billion ($75 million) in India during 2026 to expand its manufacturing footprint and research and development capabilities. The investment follows more than $35 million spent in 2025 and reflects the company’s continued focus on strengthening its ‘local-for-local’ strategy in the country.The investment will support ABB’s Electrification, Motion and Automation businesses and expand manufacturing capacity for infrastructure sectors such as renewable energy, metro rail, data centres and industrial applications. Approximately 300..

Six WOLFF Cranes Handle 60,000 m³ Concrete for German Hospital

Six WOLFF tower cranes are playing a key role in constructing a new hospital complex in Memmingen, Germany, supporting large-scale material handling for the project. The facility is being built on a 7.7-hectare site and will feature six floors, around 480 beds and a gross floor area exceeding 75,000 sq m.Building shell works began recently in February 2025. One WOLFF 6531.12 Cross crane supported early site preparation before being dismantled in autumn 2025, while five remaining cranes continue operations. Over an average deployment period of 16 months, the cranes are expected to move approxim..

REC Funds Rs 115.6 Million CSR Support for Bihar Eye Hospital

REC recently committed Rs 115.6 million under its Corporate Social Responsibility (CSR) programme for the procurement of clinical and non-clinical equipment at Sankara Eye Hospital in Saharsa, Bihar. The initiative aims to strengthen healthcare infrastructure and improve access to specialised eye care services in the region.A Memorandum of Agreement (MoA) was recently signed between Pradeep Fellows, Executive Director (CSR), REC Limited, and Wg Cdr V. Shankar (Retd), Trustee and Executive Director of Sankara Eye Hospital, at the REC office in the SCOPE Complex, New Delhi.The support is expecte..