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Govt seeks $1.5bn from WB to boost NE power sector

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June 10, 2012 The Government of India has sought 1.5 billion US Dollars from the World Bank for implementing a part of the comprehensive plan to improve power transmission and distribution infrastructure in the North-Eastern region. The World Bank is also discussing with the Government of India for the development......
NewsTransmission, Distribution & Infrastructure

250,000 panchayats to get OFC network in 2 years

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June 21, 2012 Union Minister of State for IT Sachin Pilot said that all the 250,000 panchayats in the country will be broadband enabled with Optical Fibre Cables (OFCs) in the next two years. Addressing an IT summit, the minister said the Centre had earmarked a sum of Rs. 20,000......
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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......
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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......
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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......
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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......
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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......
NewsTransmission, Distribution & Infrastructure

Government likely to insist on 100 percent domestic sourcing for telecom projects worth Rs 36,000 crores

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April 18, 2012 The government is likely to insist on 100% domestic sourcing for three major telecom projects worth nearly Rs 36,000 crores shutting off foreign vendors who were hoping to bag a chunk of these contracts. Citing security concerns, the telecoms ministry has decided to approach the Union Cabinet......
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