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NewsTransmission, Distribution & Infrastructure

Reliance Infra to Sell 49 Percent stake in Mumbai Power Distribution Arm

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Canada based Public Sector Pension Investment Board (PSP Investments) will acquire the stake November 16, 2015 Reliance Infrastructure Ltd (R-Infra), the infrastructure arm of the Anil Ambani-led Reliance Group, is proposing to sell a 49 percent stake in its Mumbai power generation, transmission and distribution business to Public Sector Pension......
NewsTransmission, Distribution & Infrastructure

BGR Energy Systems Secures Orders worth Rs 300 Cr

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BGR Energy System carries an order book of Rs 8,373.60 crore including the new orders November 24, 2015 EPC major BGR Energy has bagged new orders worth Rs 300 crore in the electricals sub-stations segment following its recent focus on power generation projects. “BGR Energy Systems Ltd through its electrical......
NewsTransmission, Distribution & Infrastructure

TRAI Mulls Private Sector Participation for Broadband Rollout for BharatNet

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TRAI has sought consultation on a best possible model to complete the project in time November 19, 2015 Telecom Regulatory Authority of India (TRAI) has sought comments from stakeholders on the best model implementation of the national optical fibre network (NOFN), rechristened later as ‘BharatNet’- which aims to connect all......
NewsTransmission, Distribution & Infrastructure

Power Equipment Makers Hope UDAY to Boost Order Flow

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UDAY focuses on measures to make SEBs efficient by reducing the aggregate technical and commercial losses December 4, 2015 Equipment manufacturers such as ABB, Siemens, Alstom T&D, and KEC International expect their order flows to get a boost with the implementation of the Centre’s ambitious Ujwal Discom Assurance Yojana (UDAY).......
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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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