Category : News

News

ONGC Likely To Complete 727 MW Tripura Power Project By December

wirecableApril 22, 2011April 19, 2023

April 22, 2011April 19, 2023

ONGC is likely to complete the 727-MW gas-based power plants at Palatana in Tripura, worth Rs 8,500 crore, by December, a year before schedule. This is the company’s first power venture in India. The company, which is setting up two gas-based power units each of 363.3 MW in Tripura, had......

News

Ultra Mega Power Project in Orissa gets green signal

wirecableApril 22, 2011April 19, 2023

April 22, 2011April 19, 2023

Environment ministry has given green nod for the 4,000- mw ultra mega power project (UMPP) at Bhedabahal in Orissa after more than six-months delay. “Orissa UMPP is cleared (by environment ministry). We are hopeful of receiving the documents from environment ministry soon,” power minister Sushilkumar Shinde told reporters at a......

News

1800 MW green power added during Apr-Dec

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

With an addition of over 1,800 mw of capacity during the first nine months of the current fiscal, India’s cumulative grid-interactive renewable energy instalment capacity had crossed 18,500 mw mark as of December 2010. During the April-December period in 2010, the country added 1,259, 204, 144, 216, 5.5 and 7.5......

News

Reliance Power to increase capacity of its mega projects by 50%

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

Reliance Power, the flagship company of the Anil Ambani group, plans to expand four large coal-fired power projects by 50% to generate an additional 8,000 MW of power. The company will scale up three ultra mega power projects of 4,000 MW each at Sasan, Krishnapatnam and Tilaiya. Similarly, it will......

News

PFC sanctions 7000 Crore to Karnataka power project

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

Power Finance Corporation (PFC) has sanctioned Rs. 7,046 crore to fund a thermal power project to be set up by Raichur Power Corporation (RPCL) in Karnataka. RPCL is a joint venture(JV) company of PSU Bharat Heavy Electrical (BHEL) and Karnataka Power Corporation (KPCL), the state-owned power generating company. The jv......

News

L&T to set up 375 MW Gas Based Power Plant for GSECL

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

Larsen & Toubro (L&T) has received an order valued over 1100 crore from Gujarat State Electricity Corporation Limited (GSECL), a Government of Gujarat company, to set up a 1 x 375 MW gas based power plant at Dhuvaran, near Baroda in Gujarat, on EPC basis. L&T’s scope includes design, detailed......

News

M&A deals value in power sector at $116 bn in 2010

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

The power sector globally saw merger and acquisitions to the tune of $116 billion in 2010, a 19 per cent growth from the previous year, said a report. According to an annual review of M&As in the global power sector by PricewaterhouseCoopers, the total deal value in the power and......

News

Jaiprakash Power Ventures Announces Amalgamation

wirecableApril 19, 2011April 19, 2023

April 19, 2011April 19, 2023

Jaiprakash Power Ventures Ltd. (JPVL), the designated power vehicle of the Jaypee Group announced amalgamation of Jaypee Karcham Hydro Corporation Limited (JKHCL) & Bina Power Supply Company Limited (BPSCL) with JPVL (w.e.f 01.04.2010, the Appointed Date). JPVL is the largest producer of hydro power in the private sector with 700......

Transmission, Distribution & Infrastructure

Power Grid exploring to take over Nigerian Transmission Company

wirecableApril 19, 2011April 30, 2011

April 19, 2011April 30, 2011

The preferred bidder for the Transmission Company of Nigeria, TCN, Management Contract held in 2007, Power Grid of India, has announced its readiness to take over the management of the electricity transmission system of the country. The announcement was made when the Indian High Commissioner to Nigeria, Mr. Mahesh Sachdev,......

Transmission, Distribution & Infrastructure

POWERGRID’s 400/220kV Wardha sub-station dedicated to the Nation

wirecableApril 19, 2011April 30, 2011

April 19, 2011April 30, 2011

Hon’ble Union Minister of Power Shri Sushilkumar Shinde dedicated the 400/220 kV Wardha sub-station of POWERGRID to the nation on 9th January, 2011 at Wardha, Maharashtra in the presence of Shri Ranjit Kamble, Hon’ble Minister of State for Water Supply & Sanitation, Maharashtra, Dr. M. Ravi Kanth, Joint Secretary (Transmission),......