MSEDCL and GEAPP Ink Deal to Upgrade Maharashtra Power Grid

13 Oct 2025 CW Team

The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has entered into a partnership with the Global Energy Alliance for People and Planet (GEAPP) to enhance grid digitalisation and support Maharashtra’s transition towards cleaner energy systems. The two organisations signed a Statement of Intent (SoI) on October 7, 2025, outlining plans to modernise the state’s power distribution network through advanced digital and analytical technologies.

Under this collaboration, MSEDCL and GEAPP aim to integrate innovative solutions such as artificial intelligence, machine learning, and real-time analytics to improve grid reliability, efficiency, and asset management. The project will employ digital tools for predictive maintenance, demand forecasting, and load flow analysis, enabling more effective management of electricity distribution across the state.

A key component of the initiative involves the incorporation of Battery Energy Storage Systems (BESS), designed to stabilise power supply, manage peak demand, and facilitate the integration of distributed renewable energy sources. By using digital infrastructure and energy storage, MSEDCL expects to reduce transmission and distribution losses while improving overall service quality for consumers.

According to MSEDCL Chairman and Managing Director Lokesh Chandra, the partnership reflects the company’s commitment to adopting next-generation grid technologies that support a reliable and sustainable energy future. GEAPP’s India Vice President, Saurabh Kumar, noted that the collaboration will help build a more resilient, data-driven, and responsive power system for Maharashtra.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..