Power Grid approves 7 investment proposals worth Rs. 3,451 crores
April 8, 2013 Power Grid Corporation of India board has approved seven investment proposals worth Rs. 3,451 crores. ...
Author : wirecable
Clean energy investments in India down 53% at USD 6.3 billion in 2012
Mach 28, 2013 In just one year, investment in clean energy initiatives in India has gone down by 52.7% reaching USD 6.3 billion in 2012, which was what wind market alone attracted in 2011. The investment in wind, however, was reduced to half in the absence of any incentive scheme.......
Arunachal awaiting sanction of DoNER for power proposal
March 21, 2013 Arunachal Pradesh Power (Electrical) Minister Tanga Byaling informed that the state government was awaiting sanction of a project proposal submitted to the DoNER Ministry amounting to Rs. 1800 crores for construction of state’s own power grid and sub stations to minimise power transmission and distribution loss. Responding......
Jhajjar plant’s 3rd 500 MW unit to start commercial operations
April 25, 2013 The third 500 MW unit of the Indira Gandhi Super Thermal Power Project (IGSTPP) at Jhajjar in Haryana will start commercial operations. The project is being implemented by Aravali Power Company Pvt Ltd – a joint venture between NTPC, HPGCL and IPGCL. With the commissioning of the......
Gayatri Projects’ arm executes PPA for 1,320 MW power plant
April 18, 2013 Gayatri Projects Ltd said its subsidiary has executed power purchase agreement (PPA) with Andhra Pradesh government for its 1,320 MW power plant in the state. “The company’s subsidiary TPCIL has executed a Power Purchase Agreement with Andhra Pradesh Power Distribution Companies, wholly-owned by the government of Andhra......
Uttar Pradesh set to privatize power distribution in four cities
April 9, 2013 After proposing a revision in power tariff, the state government is all set to privatize power distribution system in at least four major cities – Ghaziabad, Kanpur, Meerut and Varanasi. The privatization will be done under the public-private-partnership (PPP) model wherein the state government will set up......
4,000 MW Mundra UMPP fully operational
March 7, 2013 Tata Power said its 4,000 MW Mundra ultra mega power project is fully operational with the synchronisation of the fifth 800 MW unit. With the synchronisation of the fifth unit at Mundra plant, country’s first UMPP, the utility’s overall generation capacity has increased to nearly 8,500 MW,......
Government finalises norms for distribution companies’ debt recast
April 5, 2013 The Centre said that the bonds to be issued by states, backed by it under the debt recast plan for power distribution utilities, will attract about 0.5 per cent premium over the issue price yet to be determined. The government has also extended the deadline to July......
Govt plans to setup National Power Committee
March 20, 2013 The Power Ministry is considering setting up a National Power Committee for ensuring stricter grid discipline among the States and penalize the ones overdrawing electricity from the grid. “The Power Ministry is working on it and CERC and CEA would also be part of the exercise. Not......
India’s investment in Africa has exceeded over USD 35 billion in 2011
ELECRAMA 2014 showcased to a delegation of 37 Members of Parliament from 19 African countries India capability to African Countries offering technology solutions for electrifying Africa. Mr. Sanjeev Sardana, Chairman–ELECRAMA 2014 Organising Committee, hosted a networking session of the official delegation of Honorable Members of Parliament from Africa and Indian......