Ahmedabad (Gujarat) [India], February 25: Evervolt Green Energy Pvt. Ltd. ("Evervolt"), established in 2013 as one of India's leading solar wholesale distribution companies with a strong pan-India presence, has announced a strategic partnership with Beijing HyperStrong Technology Co., LTD. (
The Ministry of Power and the electricity department are implementing strategic measures to address significant financial losses, with a focus on improving the viability of distribution companies.
Financial reforms and clear, transparent tariff policies are essential for the long-term sustainability of power distribution companies (DISCOMs), says Central Electricity Authority Chairperson Ghanshyam Prasad.
Adani Energy Solutions Limited (AESL) has achieved a major milestone in India's power distribution sector by successfully delivering and installing 1 crore electricity smart meters across distribution companies (discoms), becoming the first player in India, and possibly globally, to reach th
According to The Express Tribune, the annual report revealed that the sector's total liabilities surged to PKR 9.2 trillion, far exceeding assets of PKR 8.4 trillion.
An average tariff hike of 4.5 per cent coupled with a reduction in aggregate technical and commercial (AT&C) losses below 15 per cent is essential to eliminate the gap between the average cost of supply (ACS) and average revenue realisation (ARR) for power distribution companies (discoms), r
Mumbai (Maharashtra) [India], September 4: Mahanagar Gas Ltd. (MGL), one of India's leading natural gas distribution companies, has unveiled its first-ever brand campaign 'Mumbai chalta hai MGL par!'. The campaign highlights MGL's indispensable role in the city's daily life, backed by powerf
The National Stock Exchange of India (NSE) on Monday announced the successful launch of its Monthly Electricity Futures (ELECMBL) contracts, marking a significant step forward in the development of India's electricity derivatives market.
The electricity derivatives contracts to be introduced by MCX will enable generators, distribution companies, and large consumers to hedge against price volatility and manage price risks more effectively, by enhancing efficiency in the power market.
Ahmedabad (Gujarat) [India], May 16: Ahmedabad based, Rajesh Power Services Ltd (BSE Code: 544291) engaged in the business of providing consultancy to state transmission and distribution companies and private utilities and industries has reported net profit of Rs. 93.36 crore for the Financi
New Delhi [India], March 27: KYK Corporation Limited, a global leader in hydrogen water generators and alkaline water ionizers, announces expanding its distribution network to more than 102 offices and partners across India. This achievement has strengthened KYK Corporation's position in Ind
Delhi Power Minister Ashish Sood on Monday indicated a potential rise in electricity prices, attributing it to a Rs 27,000 crore debt left by the previous AAP government with power distribution companies (Discoms) through the Delhi Electricity Regulatory Commission (DERC).