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NewsTransmission, Distribution & Infrastructure

Power Grid to get into Power Distribution Overseas

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June 20, 2012 Power transmission monopoly Power Grid Corporation of India is planning to get into distribution business. The company that cannot directly trade power in the domestic market due to regulatory restrictions, is scouting for power distribution opportunities overseas. Besides, it is trying to branch into EPC (engineering, procurement......
NewsTransmission, Distribution & Infrastructure

Sterlite raises Rs 2200 crore debt for 2 transmission projects

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June 19, 2012 The Bhopal-Dhule Transmission Company Limited (BDTCL) and Jabalpur Transmission Company Limited (JTCL), both wholly owned subsidiaries of Sterlite Technologies Limited (Sterlite) have received Rs. 2,200 Crores as debt syndication for their power transmission projects. The syndication has State Bank of India as the lead participant. This is......
NewsTransmission, Distribution & Infrastructure

Orissa to take up over Rs 1200 crore transmission projects

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June 8, 2012 Odisha Power Transmission Corporation Ltd (OPTCL) plans to take up power transmission projects worth Rs. 1211 crore on the public private partnership (PPP) mode. This is expected to help them to meet the state’s power transmission capacity which is projected at 19500 MVA by 2016-17 to evacuate......
NewsTransmission, Distribution & Infrastructure

Power Grid plans green corridor for renewable energy

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July 25, 2012 Power Grid Corporation has a Rs. 42,000-crore plan for setting up an exclusive countrywide green corridor for renewable energy transmission. This would be done over a period of five years. The investment was for transmission of 40 GW of renewable energy capacity by 2030. About Rs. 20,000......
NewsTransmission, Distribution & Infrastructure

Power Grid to spend Rs 6,000 crore on Southern region expansion

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June 30, 2012 The Power Grid Corporation of India Limited has earmarked Rs 6,000 crore for expansion plans in Southern region. The southern region is one of the nine regions of power grid, spreading across the states of Andhra Pradesh and parts of Orissa, Maharashtra, Karnataka and Tamil Nadu. According......
NewsTransmission, Distribution & Infrastructure

KPTL received orders worth Rs. 660 crore

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29 June, 2012 Kalpataru Power Transmission Limited (KPTL), a leading global EPC player in power & infrastructure contracting sector has recently secured new following orders of around Rs 660 crores:- • 500 kv DC line of around 167 kms from Electricity Generating Authority of Thailand (EGAT) of around Rs 280......
NewsTransmission, Distribution & Infrastructure

Power Grid: Achieving high-voltage growth

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June 2, 2012 There are very few companies in the utility space, which have come close to achieving their capacity addition targets for the 11th Five Year Plan (FY08-12). Power Grid Corporation is among the few to have done so. It has incurred Rs. 54,000 crore of capital expenditure in......
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Welspun Energy to invest Rs 5,675 crore in wind power projects

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June 13, 2012 Welspun Energy Ltd said it will invest Rs 5,675 crore in developing two wind power projects in Karnataka over the next five years. Welspun Energy, a part of USD 3.5 billion Welspun Group, signed initial agreements with the Karnataka government for setting up 100 MW and 750......
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Govt plans to roll out 3,000-MW solar power projects

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June 13, 2012 The Government of India is working on a plan to roll out 3,000 MW of grid connected solar power projects in phase 2 of the Jawaharlal Nehru National Solar Mission. The Government will also work on 6,000 MW projects through solar-specific renewable purchase obligation (RPO) scheme and......
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Jaitapur Nuclear power plant deal to be closed soon

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June 17, 2012 Despite huge protest to set up a nuclear power plant at the coastal area of Maharashtra after the accident of Japan’s Fukushima nuclear disaster, India and France has come to sign a deal regarding to establishing India’s largest Nuclear Power plant that will generate 9,900 Mega Watt......
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