March 29, 2017
The Asian Development Bank (ADB) has approved USD175 million loans to India’s grid developer Power Grid Corporation of India Limited (POWERGRID) to implement the Solar Transmission Sector Project which will to help India diversify its power mix by increasing its supply of clean energy, particularly solar, to achieve energy security.
March 20, 2017
Indian central government-owned Power Finance Corporation (PFC) has executed a loan agreement worth INR91.28 billion with state-owned utilities Tamil Nadu Generation and Distribution Company (TANGEDCO) and Tamil Nadu Transmission Corporation (TANTRANSCO).
March 16, 2017
Liaoning Hualong Group of China and EMCO Industries Limited of Pakistan have signed a memorandum of understanding (MoU) to form a joint venture to manufacture high voltage engineering and electrical products to facilitate transmission of electricity in Pakistan.
March 16, 2017
South Korean power utility Korea Electric Power Corporation (KEPCO) and General Electric (GE) have signed a memorandum of understanding (MoU) to establish infrastructure for high voltage direct current (HVDC) in Bitgaram Energy Valley in Naju city in South Korea.
February 23, 2017
India and Asian Development Bank (ADB) have signed a USD500 million loan agreement for the execution of the ±800 kV Raigarh–Pugalur high voltage direct current (HVDC) transmission line project.
January 31, 2017
Indian central government-owned Rural Electrification Corporation (REC) has signed a loan agreement worth INR68.9 billion with state-owned utilities Tamil Nadu Generation and Distribution Company (TANGEDCO) and Tamil Nadu Transmission Corporation (TANTRANSCO).
January 30, 2017
Indian grid developer Power Grid Corporation of India Limited (POWERGRID) and United Arab Emirates' (UAE) state-owned Abu Dhabi Water & Electricity Authority (ADWEA) have signed a memorandum of understanding (MoU) for cooperation in areas like smart grid, transmission technology and distribution.
December 27, 2016
The Asian Development Bank (ADB) has signed two loan agreements worth USD150 million with Sri Lanka's state-owned power utility Ceylon Electricity Board (CEB) for the Green Power Development and Energy Efficiency Improvement Investment Program (Tranche 2).
December 22, 2016
India-based KEI Industries Limited has collaborated with Switzerland-based Brugg Kabel AG for manufacturing extra high voltage (EHV) cables above 220 kV and up to 400 kV at its manufacturing plant located at Chopanki in Rajasthan.
December 7, 2016
Adani Transmission Limited (ATL), part of the India-based conglomerate Adani Group, has executed a share purchase agreement (SPA) with Reliance Infrastructure Limited (RInfra) for 100 per cent acquisition of RInfra's two Western Region System Strengthening Scheme (WRSSS) transmission assets of 3,100 circuit km at an enterprise value of INR10 billion.
November 28, 2016
The World Bank has signed a loan agreement worth USD470 million with the Government of India, India's state-owned power utility Power Grid Corporation of India Limited (POWERGRID), and the state governments of six north eastern states of Assam, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura for the North Eastern Region Power System Improvement Project (NERSIP).
November 1, 2016
Dubai-based Abraaj Group controlled company - KES Power - has entered into a definitive agreement to divest its 66.4 per cent shareholding in Pakistan's state-owned vertically-integrated power utility K-Electric Limited to China's Shanghai Electric Power Company Limited (SEP) for USD1.77 billion.
October 10, 2016
Adani Transmission Limited (ATL) completed acquisition of GMR Energy Limited's two transmission subsidiaries - Aravali Transmission Service Company Limited (ATSCL) and Maru Transmission Service Company Limited (MTSCL).
October 5, 2016
India's transformer manufacturer Transformers and Rectifiers (India) Limited (TRIL) has entered into a joint venture (JV) agreement with the Chinese company Jiangsu Jingke Smart Electric Company Limited (Jingke) to manufacture and market transmission and distribution (T&D) products.