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Clean energy investments in India down 53% at USD 6.3 billion in 2012
Mach 28, 2013 In just one year, investment in clean energy initiatives in India has gone down by 52.7% reaching USD 6.3 billion in 2012, which was what wind market alone attracted in 2011. The investment in wind, however, was... (Continue reading)
Arunachal awaiting sanction of DoNER for power proposal
March 21, 2013 Arunachal Pradesh Power (Electrical) Minister Tanga Byaling informed that the state government was awaiting sanction of a project proposal submitted to the DoNER Ministry amounting to Rs. 1800 crores for construction of state’s own power grid and... (Continue reading)
Jhajjar plant’s 3rd 500 MW unit to start commercial operations
April 25, 2013 The third 500 MW unit of the Indira Gandhi Super Thermal Power Project (IGSTPP) at Jhajjar in Haryana will start commercial operations. The project is being implemented by Aravali Power Company Pvt Ltd – a joint venture... (Continue reading)
Gayatri Projects’ arm executes PPA for 1,320 MW power plant
April 18, 2013 Gayatri Projects Ltd said its subsidiary has executed power purchase agreement (PPA) with Andhra Pradesh government for its 1,320 MW power plant in the state. “The company’s subsidiary TPCIL has executed a Power Purchase Agreement with Andhra... (Continue reading)
Uttar Pradesh set to privatize power distribution in four cities
April 9, 2013 After proposing a revision in power tariff, the state government is all set to privatize power distribution system in at least four major cities – Ghaziabad, Kanpur, Meerut and Varanasi. The privatization will be done under the... (Continue reading)
4,000 MW Mundra UMPP fully operational
March 7, 2013 Tata Power said its 4,000 MW Mundra ultra mega power project is fully operational with the synchronisation of the fifth 800 MW unit. With the synchronisation of the fifth unit at Mundra plant, country’s first UMPP, the... (Continue reading)
Government finalises norms for distribution companies’ debt recast
April 5, 2013 The Centre said that the bonds to be issued by states, backed by it under the debt recast plan for power distribution utilities, will attract about 0.5 per cent premium over the issue price yet to be... (Continue reading)
Govt plans to setup National Power Committee
March 20, 2013 The Power Ministry is considering setting up a National Power Committee for ensuring stricter grid discipline among the States and penalize the ones overdrawing electricity from the grid. “The Power Ministry is working on it and CERC... (Continue reading)
NTPC to invest Rs. 13,000 crores in coal mine, power plant
February 27, 2013 NTPC Ltd. is planning to invest about Rs. 13,000 crore ($2.4 billion) to develop a coal mine and set up a new coal-fired power plant. The company’s board has approved an investment of 13.15 billion rupees to... (Continue reading)
UP Power Corporation incurring loss of Rs 31,000 crore
February 26, 2013 Uttar Pradesh government said that UP Power Corporation is incurring a loss of Rs 31,000 crore and situation has arisen due to faulty policies of the previous government. On question of commission taken in purchase of transformers... (Continue reading)
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(0.00 out of 5) - M&A deals value in power sector at $116 bn in 2010 (0.00 out of 5)
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- Jaiprakash Power Ventures Announces Amalgamation - 0 votes
- M&A deals value in power sector at $116 bn in 2010 - 0 votes
- L&T to set up 375 MW Gas Based Power Plant for GSECL - 0 votes
- PFC sanctions 7000 Crore to Karnataka power project - 0 votes
- 1800 MW green power added during Apr-Dec - 0 votes
- Reliance Power to increase capacity of its mega projects by 50% - 0 votes
- Chhattisgarh to pump in Rs17,000 crore in Power Sector - 0 votes
- Ultra Mega Power Project in Orissa gets green signal - 0 votes
- ONGC Likely To Complete 727 MW Tripura Power Project By December - 0 votes
- India to add 65,000 MW power in 12th plan - 0 votes
