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Telangana to Invest Rs. 45,000 Cr. in Power Sector in Next 5 Years

The financial assistance under IPDS and DDUGJY schemes announced by GoI,would help Telangana April 10, 2015 Government of Telangana is committed to provide 24 x 7 supply to rural and urban consumers in the state which is a key factor... (Continue reading)

More Than 1 Trillion Units of Power Generation in FY15

Focus is now more on transmission and distribution sector April 15, 2015 Total power generation in the country crossed one trillion units for the first time last fiscal. Power generation in 2014-15 was 1048.403 billion units, 8.4 percent more than... (Continue reading)

Govt. Plans to Revive Gas Based Power Generation

Revival of gas-based power capacity may save USD 16 bn worth of investments for India: Moody’s March 30, 2015 The government’s latest plan to revive the stranded gas-based power generation capacity through imports will help save $16 billion worth of... (Continue reading)

PFC Aims to Muster Rs. 60,000 Cr. In FY16

PFC has healthy capitalization levels, diversified resource profile Apr 21, 2015 State-owned Power Finance Corporation (PFC) plans to raise up to Rs. 60,000 crore through short- and long-term borrowings in the current financial year to primarily meet the funding requirements... (Continue reading)

Saudi’s Power Sect to See USD100 Billion by 2020

The private sector’s involvement in power generation to increase from 7.4 percent to over 17 percent by 2020 March 10, 2015 Saudi Arabia is set to make an investment worth USD100 billion in the power sector by the year of... (Continue reading)

Target of 1,000 Units Per Capita Electricity Consumption for 2014-15

USD 250 billion investment target for the power sector in next 4-5 years March 9, 2015 Replying to a question in the Rjya Sabha, Power and Coal Minister Piyush Goyal said a target of 1,000 units per capita electricity consumption... (Continue reading)

81 power projects take off in 10 months

April 24, 2014 In the past 10 months, 81 power projects, worth Rs 3.2 lakh crore, have taken off and seen actual investment on the ground, show data available with the central secretariat’s project monitoring group (PMG). Now, the group... (Continue reading)

Rs. 1,500 crore scheme to improve city power system approved

April 24, 2014 The state energy department has secured in-principle nod for its ambitious State Capital Region Improvement in Power System (SCRIPS) scheme planned at an investment of Rs. 1,500 crore. The scheme, aiming at ensuring stable and uninterrupted supply... (Continue reading)

Power transmission & distribution projects worth Rs 4,000 crore launched in UP

March 4, 2014 Energy projects worth about Rs 4,000 crore aimed at strengthening power transmission and distribution infrastructure in Uttar Pradesh have been launched. Chief Minister of Uttar Pradesh Mr. Akhilesh Yadav has either laid foundation or unveiled 163 transmission... (Continue reading)

USD 600 million to improve electricity supply in rural Bangladesh benefitting 25 million people

March 1, 2014 The World Bank Board approved USD 600 million in concessional financing to improve the quality of electricity supply in the rural areas in the eastern part of Bangladesh. The Rural Electricity Transmission and Distribution Project aims to... (Continue reading)

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