Formation of DNH-DD Power Distribution Corporation approved
India: The Union Cabinet has approved the formation of a special purpose vehicle to privatize electricity distribution business.
India: The Union Cabinet has approved the formation of a special purpose vehicle to privatize electricity distribution business.
According to a new analysis from the U.S. Energy Information Administration (EIA), major U.S. utilities are spending $51 billion annually on improving their electricity distribution systems, which is an increase of 54% over the past two decades when investments amounted to $31 billion.
Nigeria: Nigerian federal government has ordered electricity distribution companies (Discos) to stop customers from buying transformers, saying that is the responsibility of the Discos themselves.
Australia, Sydney: Two men have suffered burns after an explosion occurred at the electricity substation on Southdown Place in Airds in Sydney’s south west.
United Kingdom, Leicestershire: British transformer manufacturer BRUSH has announced a new transformer supply framework agreement with a UK’s leading electricity distribution network operator Western Power Distribution (WPD).
USA, Washington D.C.: The United States and Benin officials have signed the five-year Millennium Challenge Corporation Compact, a $375 million deal to invest in the African country’s electric power sector.