"Projects worth Rs. 1 trillion will be up for bidding"
Simarpreet Singh, Director, Strategy, Hartek Group is of the opinion that the refinancing or the bond opportunity in the power sector in view of 14,000 circuit km of the Inter-State Transmission System (ISTS) present a Rs 300 billion refinancing opportunity for the bond market over the next four years.
KEC International bags orders of Rs 10.1 billion
KEC International has bagged new orders of Rs 10.1 billion across its transmission and distribution, cables, civil and solar businesses. KEC’s transmission and distribution business has secured a turnkey order of Rs 4,910 million across India, the Middle East and the US.
Despite a good talent pool, India lacks R&D in battery cells manufacturing
In an interview with POWER TODAY, Dr Rahul Walawalkar, Executive Director, India Energy Storage Alliance (IESA), recommends that India must actively pursue bilateral agreements with rare Earth-rich nations, besides exploring such materials on its own territory to successfully meet the requirements of the emerging energy storage industry.
Towards the Grid of the Future
New technologies drive traditional utilities to redefine traditional approaches to operations. While micro-grids and other Distributed Energy Resources (DER) play a significant role in lighting up India's rural communities, supporting initiatives such as Saubhagya also play a valuable part in the development of India's smart grid of the future.