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Wire & Cable India
NewsTransmission, Distribution & Infrastructure

Bharti Airtel to Invest Rs.60,000 Cr in ‘Project Leap’

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Deploying more than 550,000 km of domestic and international optic-fibre network is part of the project December 1, 2015 Bharti Airtel on Monday said it will invest Rs.60,000 crore in three years to provide better quality network to its customers. “The programme, called Project Leap, will see a network transformation.......
Asian Development Bank
NewsTransmission, Distribution & Infrastructure

ADB to lend USD 1 Bn to Spruce up Power Transmission Infrastructure in India

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The project will also include new high-voltage direct current terminals in Chhattisgarh, Tamil Nadu and Kerala December 11, 2015 The Asian Development Bank (ADB) recently said it will lend USD 1 billion to transmission utility Power Grid Corp. of India to build and upgrade high-voltage transmission lines and sub-stations in......
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).......
KPMG
News

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......
News

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,......
News

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......
Power Infrastructure
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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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