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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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Mytrah Energy Eyes USD 185 Million Equity Finance For Solar Power Projects

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The company is looking to secure enough funds to achieve financial closure for 380 MW worth of solar power projects over the next 6 to 8 months November 16th, 2015 Positive regulatory and economic environment is helping Indian renewable energy project developers consider raising equity funding at high valuations. Mytrah......
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Andhra Pradesh to Receive Rs 4,000 Cr Assistance from World Bank for Power Infrastructure

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The Centre is also extending support for infrastructure development in power sector for both rural and urban areas November 23, 2015 The World Bank has given an in-principle approval for providing nearly Rs 4,000-crore financial assistance to Andhra Pradesh for power sector. “The Centre is also extending support for infrastructure......
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Westinghouse Assigned the Contract to Build 6 Nuclear Power Plants in Gujarat

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This is a part of a USD 150 billion nuclear power program December 24, 2015 India has signed a contract with the US-based Westinghouse Electric Co. LLC to build six nuclear reactors, reported Reuters. This is a part of a USD 150 billion nuclear power program. These power plants are......
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BHEL’s Highest Ever Capacity Addition in Power Sector

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Projects aggregating to 2,270 MW have been synchronised by BHEL during the period January 15, 2016 Bharat Heavy Electricals Limited (BHEL) has commissioned various utility power projects leading to a capacity addition of 5,010 MW in the first three quarters of the financial year. This is the highest-ever capacity addition......
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1 Stop Aksh Launches e-Health Service “Ask a Doctor” at e-Mitra Kiosks in Rajasthan

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Big push for e-Governance services in the state October 13, 2015 1 Stop Aksh, the e-governance arm of Aksh Optifibre Limited and e-Mitra, a leading government initiative in Rajasthan for connecting villages through IT infrastructure, announced that it has launched its first e-Health service at its kiosks where a citizen......
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CMI Limited Acquires the Facility of Danish Company FL Smidth in Bawal, Haryana

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CMI Ltd. is investing INR 200 million on the acquisition and setting up of the facility CMI Limited, the leading BSE listed specialty cable manufacturing company, recently announced the acquisition of the fully developed manufacturing facility of Danish company FL Smidth at Bawal, Haryana. Spread over 11235 sq. yards with......
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Sterlite Grid’s Jabalpur Transmission Project to Boost Power Access

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Sterlite has become the first private developer to commission 765 kV Double Circuit Transmission System that can evacuate up to 5,000 MW of power September 16, 2015 Sterlite Power Grid Ventures Limited (Sterlite Grid), a subsidiary of Pune based Sterlite Technologies Limited, announced commissioning of its Jabalpur Transmission Project. On......
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Sarvasv Launches Dual Auto Takeup for Rod Break Down Machine

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The Machine has been designed for 630mm Spool and can run upto 25 Mtrs /Sec SARVASV GROUP continues with its endeavour to offer high speed production line to its clients in India and across the globe by intoducing a Dual Auto Takeup Unit for Rod Break Down Machine for Copper......
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