Power Grid signs MoU with Ministry of Power, Govt. of India

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 26, 2013 Power Grid Corporation of India Ltd. has signed Memorandum of Understanding (MoU) with Ministry of Power, Govt. of India on March 25, 2013 detailing various targets to be achieved by Power Grid during FY 2013-14. The MoU has been signed by Mr. P. Uma Shankar, Secretary (Power),......

ABB secures order for world’s highest capacity transmission link in China

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

April 10, 2013 ABB Ltd said it has won an USD 150 million order to supply converter transformers, DC (direct current) and other key components for the world’s highest capacity power link in China. Once completed in 2014, the 8,000 MW Xiluodu-Zhexi link will be capable of transmitting the energy......

KPTL won orders of Rs. 800 crores including first contract from Bhutan and Tajikistan

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 7, 2013 Kalpataru Power Transmission Limited (KPTL) has secured new orders worth over Rs. 800 crore as follows: Supply and erection of 400 kV transmission lines of 160 kms in Bhutan worth Rs. 549 crore. The project is funded by Government of India. Supply and erection of 220 kV......

Uttarakhand to get USD 300 million loan from ADB

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 30, 2013 The Asian Development Bank has decided to extend a loan of USD 300 million to Uttarakhand to help the state government accelerate work on power generation and transmission projects, Chief Minister Vijay Bahuguna has said. At a review meeting with power department officials, Bahuguna said the ADB......

PFS sanctions Rs. 125 crores to Transmission Project in Uttar Pradesh

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

April 11, 2013 PTC India Financial Services Limited (PFS), an Infrastructure Finance Company set up by PTC India Limited with emphasis to finance projects in the power sector has sanctioned a loan of Rs. 125 crores to part finance mega size Power Transmission project for setting up 765/400 kV transmission......

Nepal opens doors for private sector in transmission lines

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

March 25, 2013 Nepal has opened doors for the private sector for transmission lines construction. A board meeting of the state-run Nepal Electricity Authority (NEA) decided to allow the private sector to invest in transmission line projects. Till now, NEA was the sole entity permitted to build transmission lines in......

Power Grid approves 7 investment proposals worth Rs. 3,451 crores

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

April 8, 2013 Power Grid Corporation of India board has approved seven investment proposals worth Rs. 3,451 crores. ...

Clean energy investments in India down 53% at USD 6.3 billion in 2012

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

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 reduced to half in the absence of any incentive scheme.......

Arunachal awaiting sanction of DoNER for power proposal

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

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 sub stations to minimise power transmission and distribution loss. Responding......

Jhajjar plant’s 3rd 500 MW unit to start commercial operations

wirecableMay 23, 2013June 7, 2013

May 23, 2013June 7, 2013

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 between NTPC, HPGCL and IPGCL. With the commissioning of the......