Month : August 2017

ADB will also manage a USD 2 million technical assistance grant financed by the Japanese government to strengthen the capacity of Nepal’s energy sector. July 30, 2017 The Asian Development Bank (ADB) has approved a USD 150 million loan to Nepal to improve the reliability and efficiency of electricity supply......

PGCIL executives say the transmission sector would see Rs 2.6 lakh crore of investment by 2022, with close to 106,000 circuit km of transmission lines and 292,000 MVA of transformational capacity. June 15, 2017 Power Grid Corporation of India (PGCIL) is placing a bet on turnaround of the distribution sector......

Two 90-km-long high-voltage direct-current cables from Nexans will transport up to 900 MW of wind power from North Sea Cluster 3 to the Emden/Ost converter station. July 17, 2017 In July 2017, transmission system operator TenneT awarded Nexans the contract to supply and install the cables for the DolWin6 direct-current......

PFC’s non-performing assets (NPAs) increased by 300% to Rs 30,718 crore, pushing the company in the red for the first time, largely due to a shift to the RBI’s norms. Assets worth Rs 59,000 crore were realigned as NPAs as a result. June 8, 2017 State-run lender Power Finance Corporation......

These contracts include an order from PGCIL (Power Grid) for 400 KV Jauljivi GIS substation, extension of 765 KV Bareilly substation and associated transmission lines for Rs 237 crore. Jul 5, 2017 Engineering firm Kalpataru Power Transmission (KPTL) said that it has secured new orders worth Rs 676 crore. These......

After generation & transmission, first-ever long-term distribution perspective plan has been drafted by the Central Electricity Authority. July 13, 2017 A new ‘Long Term Distribution Perspective Plan’ is being drafted by the ministry of power to collate details of all the power distribution companies across the country. Being prepared by......

The World Bank and AIIB will provide loans in a 60:40 ratio for all the components of the project that is aimed at providing 24X7 power for all. July 23, 2017 The World Bank and Asian Infrastructure Investment Bank (AIIB) have together agreed to extend USD 380 million of loan......

The move aims to end dependence on state discoms. The national transporter plans to create a network of transmission lines across the diamond quadrilateral as well. July 08, 2017 Indian Railways, which is working towards saving its energy bill and ending dependence on state discoms, is planning to expand its......