Author: IndianPowerSector.com

Power Grid profit jumps on India electricity demand

Power Grid Corporation of India posted a better-than-expected 33% increase in first-quarter profit, as the nation’s biggest electricity transmission company added more power lines, boosting revenues. Net income for the quarter ended June 30...

Sungrow Scores 150MW Solar Inverter Supply Deal

Sungrow announced today the company has been awarded a contract to supply central inverters for around 150MW of solar projects in India. Sungrow will assist with the design, manufacture and assembly of SG2500 turnkey...

Siemens, Gamesa Near Wind-Power Deal

Siemens AG and Gamesa Corporacion Tecnologica SA are close to announcing an anticipated deal to combine their wind-power activities and create the world’s largest wind-turbine maker, according to people familiar with the matter. A...

MSEDCL’s power loss touches14.85%

Even as the Devendra Fadnavis government talks big about the power sector and claims to reduce power tariff, it has emerged that state-run discom’s distribution losses touched 14.85% in 2015-16, 0.68 percentage point more...