Andhra Pradesh: Crompton Greaves has bagged an order worth Rs 115 crore from the state-run Power Grid Corporation for supply of transmission equipment for the latter’s Vemagiri and Srikakulam sub-stations in Andhra Pradesh, the Avantha Group company said in a statement Monday. The order entails supply of shunt reactors, which are used high voltage energy […]
Category: Power
Power
Reliance Power’s Sasan UMPP fully commissioned
NEW DELHI: Anil Ambani-owned Reliance Power has fully operationalised the 3,960 megawatt Sasan ultra mega power plant (UMPP) by commissioning the sixth and last unit of 660 mw, the company said on Monday. Completed 12 months before the power purchase agreement (PPA) schedule, the Rs 27,000-crore project is the largest integrated power plant-cum-coal mining project […]
BHEL bags Rs 5,000-cr contract from Telangana power utility
Hyderabad: The Telangana State Power Generation Corporation Limited (TS Genco) has awarded Bharat Heavy Electricals Limited (BHEL) with an EPC (engineering, procurement and construction) order for setting up a 4×270 Mw thermal power plant in the state. Valued at over Rs 5,000 crore, the order envisages setting up the power plant at Manuguru in Khammam […]
PM Modi calls for cut in energy imports by 50% by 2030
New Delhi: Prime Minister Narendra Modi on Friday appealed to the nation to strive for reducing energy import dependence to 50% of total usage from more than 77% at present. “India’s energy import dependence should come down by 10 per cent when India celebrates 75 years of independence in 2022. Once this is achieved, it […]
Goyal says India can save $7 billion annually through energy efficiency
New Delhi: Power minister Piyush Goyal on Friday said India can save at least 10 per cent of its current power consumption without any major stress on the system. “We plan to replace all incandescent bulbs in this country with Light Emitting Diode (LED) lights within three years. This would bring down power demand by […]
Power Sector: Light at the end of the tunnel
Mumbai: The Street is gradually turning positive on the power sector after a long time. Several factors have come together to make the environment conducive for power companies. Lower coal prices, revival in power demand, easing transmission hurdles and possible improvement in the financials of distribution companies would give a fillip to power generators. Power […]
NTPC invites tenders for 4,000 MW power plants in Vizag
HYDERABAD: State-owned NTPC has invited tenders for sourcing equipment for its proposed Rs 20,000 crore thermal power project in Andhra Pradesh. NTPC is establishing 4×1,000 MW imported coal-based thermal power plant in Visakhapatnam district in Andhra Pradesh, which will come up at an investment of Rs 20,000 crore. Approximately Rs 5 crore outlay is needed […]
TN govt extends Rs 13,586 crore financial aid to debt-ridden state electricity board
Chennai: The Tamil Nadu government will provide financial support of Rs 13,586 crore to the power sector as per its budget estimates for 2015-16. The state administration extended Rs 11,748 crore to TANGEDCO in the form of subsidy, share capital, cash loss financing, debt servicing and debt takeover during 2014-15. The budgetary allocation or power […]
1000 MWe generated daily from Kudankulam Nuclear Power Plant
MADURAI: Unit 1 of Kudankulam Nuclear Power Plant (KNPP) is generating 1000 MWe daily and has produced 534 crore units till date, plant official said today. “The Unit II of Kudankulam Nuclear Power Plant has been generating 1000 MWe daily and has generated 534 crore units so far,” Site Director of KNPP, R S Sundar […]
TERI holds meeting with Arunachal officials for updates
ITANAGAR: Tata Energy and Resources Institute (TERI) has held a consultancy meeting with top ranking state officials here to have first hand information about the ‘main barriers’ in implementation of various projects in the state, as input for policies. This is the fourth such meeting held by TERI after Odisha, Madhya Pradesh and Himachal Pradesh, […]
Tap geothermal energy from coast line, Governor tells state
NAGPUR: Maharashtra Governor Ch Vidyasagar Rao today called on the state government to explore unconventional energy from a stretch of 720kms of coastline in the state. He was speaking at the inaugural function of a 324 KW solar power plant set up by Lokmat Media Pvt Ltd today at industrial estate at Butibori, about 25 […]
Adani, JSW vie for majority stake in Monnet Power
MUMBAI: GautamAdani-led Adani Group and Sajjan Jindal-owned JSW Group are vying to buy a majority stake and take management control in Delhi-based Monnet Power from Sandeep Jajodia’s Monnet Ispat and Energy for $500 million (over Rs 3,100 crore), edging out Tata Power and an international player from the race, said sources in the know of […]