Emerson announced an agreement to sell Network Power to Platinum Equity and a group of co-investors.
Total installed solar power generation capacity in the country touched 7,805 MW mark by June-end this year with Rajasthan topping the charts with 1,294.60 MW.
Five substations to link a new 648-megawatt solar project, which will account for about 10 percent of India’s solar power, to the national grid.
India is gearing up to implement model regulations for forecasting and scheduling of generation of energy from wind and solar plants to ensure smooth integration of renewable power into the grid.
India’s challenges to reach renewable energy targets include an already unstable grid, a crippling drought (hindering thermal generation and hydropower), and reaching the 237 million citizens who still require access to electricity.
In Hyderabad, Toshiba Transmission & Distribution Systems (India) Pvt. Ltd is supplying to Kenya around 8,000 distribution transformers made at the company`s facility. In an announcement, TTDI stated this regarding the bagging of Rs 226 crore ($ 34 million) contract from Kenya power & lighting company.
Mindteck (India) rose 8.28% to Rs 104 at 14:53 IST on BSE, with the stock extending yesterday's gain triggered by winning smart grid project for Bangalore Electricity and Supply Company.