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November 23, 2024

Wire & Cable India

Tag : power sector

Nigeria to have annual investment of USD 10 billion in power sector

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May 9, 2013 Nigeria expects to reap an annual investment of USD 10 billion in the power sector, following its successful transfer to the private sector. President – Goodluck Jonathan said this in his remarks at the Africa strategic infrastructure initiative session, at the World Economic Summit in Cape Town,......

Gas price to hit power sector by Rs. 46,360 crore per annum

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June 5, 2013 Petroleum Ministry’s proposal to raise natural gas prices by at least 60 percent will result in more than doubling of electricity tariff and a whopping Rs. 46,360 crore per annum impact on power plants. The Ministry in a note to the Cabinet Committee on Economic Affairs (CCEA)......

“The cake is big enough to accommodate sufficiently large amount of quality suppliers”

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Team WCI caught up with Mr. Sandeep Sood, CEO & Country Head, General Cable Energy India Pvt. Ltd to review the performance status of the new plant, which was formerly inaugurated in last April & the strategy ahead for the Indian market. Wire & Cable India: Provide us a quick......

Opportunities galore in power sector

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May 1, 2012 Addressing the US-India Business Council in Washington, D.C., on April 16, 2012 Minister for Power Mr. Sushilkumar Shinde called upon the U.S. industry to explore emerging investment opportunities in Indian power sector and consolidate existing partnerships and projects between the two countries. Giving an outline of the......

Funds for Power Sector in 12th Plan

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April 30, 2012 The Working Group on Power for formulation of the 12th Five Year Plan has estimated total fund requirement of Rs.13,72,580 crore for the power sector. The details are as under: • Generation: Rs.6,38,600 crore • Transmission: Rs.1,80,000 crore • Distribution: Rs.3,06,235 crore • Others*: Rs.2,47,745 crore • Total: Rs.13,72,580 crore Others......

USD 69 m loan from ADB for MP Power Investment Programme

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India and the Asian Development Bank (ADB) have signed a USD 69 million loan agreement which is the sixth and final tranche of the USD 620 million Madhya Pradesh Power Sector Investment Programme. The sixth tranche will assist the Madhya Kshetra Vidyut Vitaran Company reduce power transmission and distribution losses in 117 towns. It......

Power Grid’s estimated project outlay to be Rs. 120,000 crores in the next 5-6 years

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Gridtech 2011 started with a strong note where Mr. I.S. Jha, Director Projects, Power Grid presented the paper covering Indian power system an overview, little bit of Future transmission plan, Cross country interconnection, Issues and challenges. Giving the overview of the power sector he said “Our installed capacity is 173,000MW......
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