Page 2 - Power Grids

Russian attacks on Ukraine's power grid touch Kyiv with blackouts

Sustained Russian attacks on Ukraine's power grid in recent weeks have forced leaders of the war-ravaged country to institute nationwide rolling blackouts. Without adequate air defences to counter assaults and allow for repairs, though, the shortages could still worsen as need spikes in late summer and the bitter-cold winter. The Russian airstrikes targeting the grid since March have meant blackouts have even returned to the capital, Kyiv, which hadn't experienced them since the first year of the war. Among the strikes were an April barrage that damaged Kyiv's largest thermal power plant and a massive attack on May 8 that targeted power generation and transmission facilities in several regions. In all, half of Ukraine's energy system was damaged, Foreign Minister Dmytro Kuleba said. Entire apartment blocks in the capital went dark. The city's military administration said at least 10 per cent of consumers were disconnected. For many, it is a taste of what might be in store if Ukrai

Indian Hotels, Power Grid, Federal Bank: Top 3 technical picks for May 14

There is a bullish butterfly pattern seen on hourly scale so based on these signals, we advise investors / traders to "go long" in Indian Hotels Company within the price range of Rs 545-555 per share

GE T&D India bags 74 million pound order from GE group's British arm

GE T&D India on Friday said it bagged an order worth 74 million pound (Rs 785 crore) from UK Grid Solutions Ltd for supply and manufacturing of HVDC Converter Transformer. Both the entities are part of GE Group and this related party transaction has been approved by shareholders in last annual general meeting held on August 21, 2023, GE T&D India said in a regulatory filing. The company received the order on December 28 in the normal/ordinary course of business from UK Grid Solutions Limited, it said, adding that the transaction is done at arm's length.

State-owned Power Grid board approves raising Rs 2,200 crore via bonds

State-owned Power Grid Corporation board on Friday approved raising of Rs 2,200 crore through bonds. The company's committee of directors for bonds, in their meeting on July 29, 2023, approved the raising of up to Rs 5,700 crore in FY 23-24 in multiple tranches to part finance its capex requirement, for providing inter corporate loan(s) to wholly owned subsidiaries/JVs and for general corporate purposes, according to a regulatory filing. Further, it stated that the committee of director for bonds in their meeting on Friday approved the raising of up to Rs 2,200 crore towards the third tranche of bonds. The base issue size is Rs 500 crore with a greenshoe option of Rs 1,700 crore, the the filing added.

Power Grid to build Rs 20k-crore Green Energy Corridor-II in Ladakh

The GEC-II is an Inter-State Transmission System (ISTS) project aimed at connecting at least 13 gigawatts of forthcoming renewable energy projects in Ladakh

Power Grid board approves raising Rs 5,700 cr through bonds in FY24

Power Grid Corporation's board has approved a proposal to raise up to Rs 5,700 crore through issuance of bonds on private placement basis in multiple tranches in 2023-24. The fund raised will be used to part finance its capex requirement, for providing inter corporate loans to wholly-owned subsidiaries/JVs and for general corporate purposes. This will be done by securitization of cashflows of 4 operational SPVs (special purpose vehicles) viz. POWERGRID Bhuj Transmission, POWERGRID Khetri Transmission System, POWERGRID Medinipur Jeerat Transmission System and POWERGRID Varanasi Transmission System up to March, 2034. The company is raising Rs 500 core in the first tranche with a green shoe option of (additional) Rs 1,400 crore.

Transmission needs a level playing field

Issues with Power Grid need to be sorted out to ensure fairness for the private sector

Sensex drops 671pts, Nifty nears 17,400 in broad sell-off; bank stocks tank

CLOSING BELL: The Nifty PSU Bank index declined 2.2 per cent, while the Nifty Bank and Private Bank indices fell 1.8 per cent each

Decentralised RE will help upgrade India's grid network: GE Grid Solutions

Company's advanced products focussed on grid automation, stability and remote control are being deployed in Rajasthan, UP, J&K and Himachal Pradesh

One Nation, One Grid: A problematic power equation

Concept of centralised electricity market sounds sensible in theory but is likely to be unworkable in practice

12 states, J&K debarred from power trading over non-payment of dues

Firms cumulatively owe Rs 5,000 crore to gencos; Telangana has the highest amount of Rs 1,380 crore

China tried to hack Power Grid systems in Ladakh thrice: R K Singh

Amid reports of Chinese state-sponsored hackers targeting the power grid, the Ministry of External Affairs asserted India has systems in place to safeguard critical infrastructure

PGCIL approves investment of Rs 322 crore to expand in data centre biz

The Data Centre will be estabilished at Manesar

Power Grid Corp of India approves investment plans of Rs 552 crore

The investment proposals worth Rs 552 crore include capital expenditure for procurement of telecom equipment

India plans more power islands to counter cyber, terrorist threats

The plan follows a major power outage in India's financial hub Mumbai last year that brought the city to a halt and prompted speculation about a cyber attack

Hitachi ABB Power Grids in India to go carbon neutral by 2030

Has already signed PPAs with a few green power generators in Gujarat, will sign more such contracts to move to 100% green energy by March 2022

Hitachi ABB Power Grids in India sets 2030 carbon-neutral programme

Hitachi ABB Power Grids in India on Wednesday announced a comprehensive programme to achieve carbon-neutrality targets by 2030 in its operations, reaffirming commitment to a sustainable energy future

Hitachi ABB Power Grids in India bags Rs 124 cr order from BALCO

sHitachi ABB Power Grids in India has won an order worth Rs 124 crore from leading aluminium producer Bharat Aluminum Company to strengthen its power infrastructure at its plant in Chhattisgarh

Why world's power grids are increasingly vulnerable to cyber attacks

"India's power system is in urgent need of proper cybersecurity systems," said Reji Kumar Pillai, president of India Smart Grid Forum

Power Grid inks MoU with ACTREC to build modular operation theatre

Power Grid Corporation on Tuesday said it has inked a Memorandum of Understanding (MoU) with ACTREC for construction of an operation theatre complex in Navi Mumbai. The state-run company has signed a MoU with the Advance Centre for Treatment, Research and Education in Cancer (ACTREC), Tata Memorial Centre (TMC) for construction of 'PowerGrid OT Complex', a modular operation theatre complex in Navi Mumbai, Power Grid said in a statement. TMC is a Cancer Research Institute under the Department of Atomic Energy, Government of India. The MoU was signed by V K Singh, Director (Personnel), Power Grid Corporation and Sudeep Gupta, Director, ACTREC, TMC. Power Grid Corporation under its CSR initiatives is extending financial support to the tune of Rs 26.40 crore for developing this modular operation theatre complex (14 numbers). The complex will ensure a high degree of sterility to prevent infections, help in reduction of health care costs, improve outcomes and ensure treatment of more ..