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The pioneer in the forefront
Bajaj Electricals Ltd (BEL), which has pioneered the transmission technology using monopoles a decade ago, remains in the forefront of the industry by bagging the prestigious Noida to Greater Noida transmission project recently.
Bajaj Electricals Ltd, Transmission Technology, Greater Noida Transmission Project, Transmission Line Towers Business Unit, EPC, Power Grid Corporation Of India Ltd, Row, Greater Noida Project, Janeshwar Mishra Park, Aesthetics, Row, EPC
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Fitch affirms ´BBB´ ratings to Power Grid Corp
Fitch has affirmed investment grade rating with ´stable´ outlook on state-run Power Grid Corporation of India Ltd. ´At the same time, the agency has affirmed Power Grid´s senior unsecured rating and the ratings on its $500 million senior unsecured notes at ´BBB´,´ Fitch Ratings said in a statement.´
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Fitch affirms 'BBB-' ratings to Power Grid Corp
Fitch has affirmed investment grade rating with 'stable' outlook on state-run Power Grid Corporation of India Ltd. "At the same time, the agency has affirmed Power Grid's senior unsecured rating and the ratings on its $500 million senior unsecured notes at 'BBB-'," Fitch Ratings said in a statement. 'BBB' ratings indicate low default risk.
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Rising hopes
The Indian Transformer Industry, which has been facing challenges in terms of demand growth, is hoping for the good times in the wake of growing exports over the last couple of years and the government´s thrust for revival of power distribution companies (discoms) by sprucing up their physical and financial operations in the next three years.
Indian Transformer Industry, Transformers, UDAY, Discoms, T&D, IEEMA, Jitendra Mamtora, Transformers & Rectifiers (India) Ltd, BHEL And CG, ABB, GE, Siemens, Alstom, International Electrotechnical Commission, BIS
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Falling PLF
India´s power generators continue to face low and declining capacity utilisation, mainly because financially stressed power-distribution companies are unable to purchase power. This underscores the importance of successfully addressing the power distributors´ financial health.
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Crompton Greaves bags contract to supply equipment to PGCIL
Avantha Group firm Crompton Greaves Ltd has bagged a contract from Power Grid Corporation of India Ltd (PGCIL) to supply six sub-station automation systems (SAS) in Jharkhand. The value of the contract has not been disclosed. Crompton Greaves' automation business unit would supply sub-stations while its engineering projects division would manage them, a statement issued here said. "The SAS is intended to help monitor and improve Power Grid's transmission capacity across the state," the release s
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