OPTCL looks for Rs 1,000 crore loan from JICA

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

January 28, 2013 State owned transmission utility – Odisha Power Transmission Corporation Ltd (OPTCL) is looking to avail loan assistance of Rs 1,000 crore from Japan International Cooperation Agency (JICA) for funding new transmission projects. If the funding fructifies, it will be the first assistance to be extended by the......

REC arm incorporates four SPVs for transmission projects

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 16, 2013 REC Transmission Projects Company Limited (RECTPCL), subsidiary of state-owned Rural Electricity Corporation (REC), has incorporated four special purpose vehicles (SPVs) for the development of transmission projects, which are to be awarded through competitive-based tariff bidding soon. The SPVs created include Kudgi Transmission Limited for development of transmission......

Sikora new precise temperature measurement system for an optimum conductor preheating

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

January 14, 2013 With the new temperature measurement WIRE-TEMP 6000 precision reaches levels never seen before at the heating of a conductor with a conductor preheating. The WIRE-TEMP 6000 continuously measures and controls contact-free the temperature of the conductor at the output of the PREHEATER 6000 with a permanent precise......

NTPC to invest Rs. 13,000 crores in coal mine, power plant

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

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 develop the Chatti-Bariatu coal mine in the eastern state of......

UP Power Corporation incurring loss of Rs 31,000 crore

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

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 to the tune of 25% by Singh, the Chief Minister......

PowerGrid to enter into contract with Ethiopia Power

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 12, 2013 Power Grid Corporation of India Ltd (PGCIL) said that it will sign a $16-million management contract with Ethiopia Power Company for two years. “Ethiopia Power Company is an integrated firm with generation and distribution. PowerGrid will take up the key positions and manage the company for two......

Unbundling of Jharkhand State Electricity Board soon

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 7, 2013 Decks have been cleared for unbundling of Jharkhand State Electricity Board (JSEB) after the Supreme Court of India disposed all petitions filed before it challenging the unbundling. As mandated under the central electricity act 2003, which came into effect from June 2003, the unbundling of state electricity......

India’s total power requirement to increase up to 900 to 1,100 Giga Watt by 2030

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 22, 2013 Mr. B.K. Chaturvedi, Member (Energy), Planning Commission, urged power distribution utilities to work towards expanding electricity metering in rural areas of the country. “It is important for metering to do well in the country as the entire value chain of the power sector depends on realisation of......

Power sector says Budget 2013 is a mixed bag

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 28, 2013 The Budget has evoked a mixed reaction in the power sector with large players slamming the import duty hikes, but those in the renewable energy space welcomed the proposal to incentivise wind energy projects. While some players criticised the upward revision of the import duty, from 1......

Tamil Nadu tops in renewable power generation

wirecableApril 1, 2013July 22, 2013

April 1, 2013July 22, 2013

February 27, 2013 Tamil Nadu tops the list of States that has added the highest renewable power generation capacity in the last three years. Most of it was wind energy. The figures were released by the new and renewable energy ministry. 12,436 MW of power through renewable energy was added.......