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Five firms interested in Odisha power distribution business

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August 16, 2013 Five companies including Crompton Greaves Ltd. (CGL) and Tata Power Delhi Distribution Ltd. (TPDDL) have expressed interest to work as power distribution franchisee in Odisha during a workshop organised by GRIDCO Ltd. and Rural Electri-fication Corporation (REC). Others were Spanco, Calcutta Electric Supply Corporation (CESC) and SPML......
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Haryana to invest Rs 2,000 crore to boost power distribution

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July 20, 2013 Power distribution corporations in Haryana have planned to strengthen the distribution system in the state with an investment of Rs 2,000 crore during the current financial year. The topmost priorities of the discoms are to plug revenue losses and bring consumer satisfaction for which a number of......
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MSEDCL to lay 400 km underground cables

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June 29, 2013 The Maharashtra State Electricity Distribution Company Limited (MSEDCL) has proposed laying 400 km of underground cables at a cost of Rs 22 crore in the Nashik urban circle to get rid of the dense network of electricity cables stretched over poles across the city. The power company......
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Privatise power distribution to reduce losses: Montek Singh Ahluwalia

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July 19, 2013 Pitching for privatisation in the power distribution sector, Planning Commission Deputy Chairman Montek Singh Ahluwalia suggested it can help in reducing huge losses and half of this business should be with private players. “Of the total power distribution sector in the country, only 4 per cent is......
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India to lease bandwidth from Bangladesh

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August 13, 2013 For the first time India will turn to Bangladesh for meeting its global telecom connectivity requirements. It plans to lease nearly 100 gigabytes (GBs) of international bandwidth from two state-owned suppliers in the neighbouring country to route a chunk of India’s overseas call and data traffic through......
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China grid says half of USD 100 billion UHV network in progress

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August 26, 2013 China is already building, or has approved, more than half of a USD 100 billion network of high voltage power lines to connect remote energy producing regions. The state grid will spend CNY 620 billion (USD 100 billion) by 2017 on 20 ultra high voltage (UHV) lines......
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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......
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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......
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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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