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Category : Power

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AEI Machines: The Name Synonymous with Rigid Stranders

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The company’s main focus is to incorporate Rigid Stranders with latest techno-logies to overcome manufacturing challenges and improve process efficiencies. October 26, 2016 Established in 1971 by Mr. L. S. Jain, Chairman, AEI Machines has been manufacturing various types of rotating cable machines for the stranding, screening, armoring and laying-up......
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Clean Energy Projects Launched by India and US

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The renewable energy projects worth USD 95 million will bring more energy-efficient appliances to rural sector. It will also develop a strategy for a program targeted to reduce energy costs for some of the poorest people in India. November 14, 2016 As per media reports, two financial projects worth USD......
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Completion Ceremony of Concentrator Photovoltaic Power Generation Pilot Plant by SEI

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Sumitomo Electric Industries, Ltd. celebrated the successful completion of a 1 MW concentrator photovoltaic (CPV) power generation plant with over 100 representatives from two countries. November 11, 2016 As per media reports, Sumitomo Electric Industries, Ltd. celebrated the completion of its megawatt-class CPV power generation plant in Ouarzazate City, the......
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Power Generation on Mark to Meet 12th Plan target

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This is largely due to capacity increases by private and state thermal power producers, while hydroelectric projects are lagging behind targets. October 7, 2016 Power generation will be 100 per cent of the envisaged capacity addition target of 88,537 megawatt (Mw) by the end of the Twelfth Five-Year Plan. The......
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China’s State Grid Corp Acquires Stake in Brazil’s CPFL Energia

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Recession in Brazil invites Chinese investment worth USD 1.8 billion as the State Grid Corp buys major stakes in CPFL Energia. September 6, 2016 In a deal worth USD 1.8 billion, State Grid Corp of China has acquired a considerable stakes in Brazil’s most important power distribution companies, CPFL Energia.......
News Power Transmission, Distribution & Infrastructure

AMSC Partners With Nexans to Sell Its REGs

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Nexans announced to market and sell AMSC’s Resilient Electric Grid (REG) system in the U.S. and Canada. September 1, 2016 A global energy solutions provider AMSC partners with Nexans to jointly develop and deliver the projects to existing and potential electric utility customers in the U.S. and Canada. Under this......
News Power Transmission, Distribution & Infrastructure

Chinese Multinational to Acquire 66.4 Percent Shares of Karachi Electric Corporation

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In a deal worth USD 1.6 billion Shanghai Electric is set to do the biggest private-sector acquisition in Karachi’s history. September 2, 2016 As a part of USD 46 billion project, China revealed that it will link its western Xinjiang province to Pakistan’s Gwadar port with a series of infrastructure,......
News Power Transmission, Distribution & Infrastructure

E-Bidding Portal Launched by Centre for Power Sector Contracts

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The power ministry and a state-run auctioneer MSTC launched e-bidding platform to determine the lowest bidder for the projects reversing the present manual auction. August 17, 2016 For interstate power transmission projects, the Central Govt. will invite bids from both private and public companies through reverse electronic auction on build-operate-own......
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India to Emerge as a Hot Spot for Cheap, Sustainable Solar Energy: KPMG

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KPMG expects solar power to disrupt the traditional power generation ecosystem as early as 2017 November 16, 2015 The government’s renewable energy mission is set for a big lift as prices for solar energy are set to fall. KPMG expects solar power to disrupt the traditional power generation ecosystem as......
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Tata Power Signs MoU with Russia for Energy Investment

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The company has an installed generation capacity of 8669 MW in India December 25, 2015 Tata Power, on December 24, signed a memorandum of understanding with ministry of development of Russian Far East, Government of Russian Federation, to explore and develop investment opportunities in energy sector. As per this MoU,......
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