Chandigarh UT puts up its power discom for sale to private bidders

Government Urges Early Planning for Summer Power Supply

The government has issued directives to power plants, urging them to initiate early planning to ensure uninterrupted power supply during the upcoming summer months. With the aim of preventing potential shortages and meeting the increasing electricity demand, this proactive approach is crucial for maintaining stable power distribution across the country.

Power plants are advised to undertake comprehensive planning and preparation well in advance to address any challenges that may arise during peak demand periods. This includes optimising plant operations, managing fuel stocks efficientl..

Rittal inaugurates new integration centre

Rittal Private, a leading manufacturer and supplier of enclosures, power distribution, climate control and IT infrastructure systems celebrated the inauguration of the new Integration Centre dedicated to Cooling Units and Liquid Cooling Package (LCP) solutions at its manufacturing facility in Bangalore, India. This significant expansion will increase company?s overall production capacity and meet the growing demand for Industrial Cooling Solutions in the market.

The new Integration Centre is a state-of-the-art facility equipped with latest machines and testing centres designed to m..

REC secures Rs. 200 mn loan for power distribution reforms

Rural Electrification Corporation (REC) has finalised a ? 200 million loan agreement with German bank KfW to drive transformative reforms in India's power distribution sector. This strategic financial infusion is poised to bolster efforts in enhancing the efficiency and sustainability of the country's electricity distribution network.

The substantial loan signifies a collaborative international commitment towards advancing India's power infrastructure. The funds from KfW will be instrumental in implementing crucial reforms that aim to address challenges in the power distribution sector..

Repsol Eyes Stake Sale for Strategic Plan

Spanish oil major Repsol is reportedly engaged in negotiations to offload a portion of its renewable energy subsidiary as part of a strategic maneuver to propel its ambitious agenda through 2027.

Santander has purportedly been enlisted to facilitate the sale, indicating a significant step in Repsol's financial strategy. While Repsol intends to retain a majority stake in its renewables arm, the prospective deal may involve the infusion of fresh capital by the investor. However, the identity of the investor remains undisclosed at present.

Repsol Renewables, valued at 5.9 billio..

Bhilai Steel Plant Embraces Solar Power for Green Future

Bhilai Steel Plant (BSP), the leading unit of India's steel giant Steel Authority of India Limited (SAIL), is embarking on a green journey by embracing solar power initiatives. In a recent development, BSP has inked a memorandum of understanding with the Chhattisgarh State Renewable Energy Development Agency (CREDA) to install solar power generation systems across its plant premises and township in Bhilai.

According to a statement released by BSP management on Wednesday, the proposed plan aims to generate approximately 2 MW of electricity within the plant premises. Additionally, a proj..