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Eaton celebrates the success of its flagship event – EnnovATiON 3.0

Under the ‘college connect’ competition, students from various colleges, namely VIT, VIIT, MIT, and COEP, were invited to solve the problem statements using Data Science.

Ministry of Power institutes number of measures to improve the performance of utilities

Preliminary analysis of data for FY2022 of 56 DISCOMs contributing to more than 96% of input energy, indicates that the AT&C losses of DISCOMs have declined significantly to ~17% in FY2022 from ~22% in FY2021.

Grassroots Energy, Sheru, and Simulanis Solutions announced as winners of KPMG in India’s ENRich 2022 startup search awards

The top three startups will receive a platform for showcase and collaboration opportunities.

Significant Improvement in payment of GENCO dues with the implementation of Electricity (LPS and Related Matters) Rules, 2022

The total outstanding dues of States, which were at Rs 1,37,949 cr as on 03.06.2022, have been reduced by Rs. 24,680 Cr. to Rs. 1,13,269 Cr. with timely payment of just four (4) EMIs.

Power ministry launches scheme for procurement of 4.5 GW of power for five years under SHAKTI Policy

Scheme  to help states that are facing power shortage and help generation plants to increase their capacities

10-point action plan to help industries adapt and enhance energy efficiency

Independent report highlights 10 actions to help industrial users improve their energy efficiency, and reduce emissions right now.

Solar inverter market to hit $18.97 billion at a CAGR of 5.78% by 2030

APAC accounts for the leading Solar Inverter Market due to increasing implementations of solar panels across the region. China, India, and Japan are emerging markets for solar inverters in the region and are projected to grow at a healthy CAGR throughout the assessment period.  

Policy implementation took center stage at Mint EnergyScape powered by Amplus Solar

Besides a specific push for the use of electric vehicles, significant climate investments and green hydrogen production, the seamless ground-level implementation of the existing policy structure took center stage at the conclave.

PTC India’s consolidated PAT for FY22 jumps by 21%

Consolidated profit after tax (PAT) increased to INR 552 crore for the FY22 compared to INR 458 crore in FY21, an increase of 21%.

Sustainable energy transition study for the Indian power sector carried out by Wärtsilä and LUT University

The study, which is first of its kind for India, highlights the urgent and continuous need for additional investments in renewable capacities and flexible technologies for maintaining power system reliability.

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