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Share Market LIVE Updates: Sensex slips 240 pts, Nifty below 14,700; RIL, L&T, ICICI Bank top losers

Share Market LIVE Updates: Sensex slips 240 pts, Nifty below 14,700; RIL, L&T, ICICI Bank top losers
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India commissions first VSC HVDC link improving power quality

India commissions first VSC HVDC link improving power quality , 4 days ago The JV of Sumitomo Electric and Siemens Energy has completed connecting India’s first high-voltage direct current (HVDC) link featuring voltage-sourced converter (VSC) and DC-XLPE cable technology.   The 2,000-megawatts (MW) electricity transmission system consisting of two links which consists of DC-XLPE cable and overhead transmission line between Pugalur in the southern state of Tamil Nadu to Trichur in Kerala State in South-West India supports transmission operator Power Grid Corporation of India (PGCIL) to counter power deficit in India’s southern region and improve the grid stability.   Siemens Energy supplied the two converter stations for the ±320 kilovolt (kV) HVDC system while Sumitomo Electric was responsible for the XLPE HVDC cable system in the DC circuit.

Transformers and Rectifiers hits the roof after Power Grid order

With this order, the company s order book as on date stands around Rs 1123 crore. Transformers & Rectifiers India is engaged in a manufacturer of power, furnace and rectifier transformers. The company s consolidated net profit declined by 47.37% to Rs 0.70 crore on a 20.11% fall in net sales to Rs 168.45 crore in Q3 FY21 over Q3 FY20. In the past one year, the stock has zoomed 193.56% while the benchmark Sensex has added 46.73% during the same period. Powered by Capital Market - Live News (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) Dear Reader, Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these

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