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NewsTransmission, Distribution & Infrastructure

Subsidies for power distribution companies to rise to Rs 60,000 crore

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August 28, 2013 Subsidies for state-run power distribution companies are projected to rise to Rs 60,000 crore by the end of this fiscal even after benefits from financial restructuring, says a research report. Besides, the power sector remains increasingly vulnerable to both the rupee-dollar exchange rate and international coal prices......
NewsTransmission, Distribution & Infrastructure

Power Grid should not be Central Transmission Utility: FICCI

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August 15, 2013 Industry body FICCI has suggested that state-run Power Grid Corp should no longer be the ‘Central Transmission Utility’ as its present powers can lead to arm-twisting private players. Power Grid was conferred with the title of Central Transmission Utility in 1998 with the idea that it would......
NewsTransmission, Distribution & Infrastructure

L&T gets Rs 1,071 crore order from TN Transmission Corporation

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August 22, 2013 L&T Construction has got order worth Rs 1,071 crore from Tamil Nadu Transmission Corporation. The order is to install transmission line of 274 km. The order was placed by Tamil Nadu Transmission Corporation Limited to supply, erection, testing and commissioning of 400 kV double circuit quad line......
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Nod for power projects worth Rs 174,000 crore likely soon

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August 26, 2013 In an attempt to accelerate big-ticket investment in the infrastructure sector, a ministerial panel is expected to clear bottlenecks in installation of 28 power projects involving investment of around Rs 174,000 crore. These power projects are waiting for clearances, including assured fuel supply. The projects include 18......
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India seeks investment from US in power sector

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July 2, 2013 Inviting US investments into the power sector, India has said both countries can work towards developing hydro and thermal power stations with the possibility of technology transfer. “I see a huge technology transfer in the transmissions sector between the two countries in the areas of smart grid......
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Usha Martin enters in technical tie-up with Aichi Steel of Japan

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Usha Martin Limited signed a technical assistance agreement with Aichi Steel Corporation (ASC), leading specialty steel and forging company of Japan. With technical assistance from Aichi Steel, Usha Martin aims to achieve operational excellence and enhance quality level of its steel products to the best in the class. Usha Martin’s......
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