General Electric (GE) is keen on offering low cost and clean energy solutions in the country. The company would be focusing on higher efficiency products such as FlexEfficiency 50 gas turbine and super-critical steam turbines for thermal power generation.
Author: admin (Infratructure Today)
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Power Minister invites US cos to invest in India
Power Minister Sushilkumar Shinde invited the US companies to invest in India's power sector. Addressing the US-India Economic Opportunities and Synergies Summit in Chicago organised by FICCI in association with The Executive Club of Chicago, Shinde said India offered lucrative investment opportunities in power sector and the US investors should come forward to benefit from that opportunity
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Tata Power to run Mundra UMPP at low capacity
Tata Power Company is preparing contingency plans to minimise loss from running the plant as the cost of imported coal from Indonesia has risen sharply. The company plans to run the 4,000-MW Mundra unit at low capacity, at around 72-78 percent, and is considering blending the fuel with cheĂÂaper coal of low calorific value to reduce cost of generation.
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NTPC to raise capacity
NTPC plans to increase its generation capacity to 36,000 MW by March next year.The company also plans to invest about Rs 3,300 crore to expand the capacity of its existing coal based plant at Sipat. The first super critical unit for the company, with a capacity of 660 MW, has been commissioned at the plant.
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ReNew Wind Power secures Goldman investment
ReNew Wind Power, a reneĂÂwable energy independent poĂÂwer producer (IPP), announced it has secured an equity investment of up to Rs 1,000 crore from Goldman Sachs, a leading global investment bank and active investor in alternative energy/clean technology.
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Sterlite bags BSNL order
Sterlite Technologies, a provider of transmission solutions for the power and telecom industries, said it has received Rs 114 crore contract from BSNL for establishĂÂment of a broadband network in the state run company's telecom circles.
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Second phase of e-Gram project
The e-Gram project the of Gujarat government, which has so far covered 13,700 villaĂÂges, is all set to begin its second phase soon. Airtel, which is a partner in the project, has chaĂÂlked out the second phase plan. Of the total over 18,000 villages in the state, 13,700 have already been covered while in the second phase aims at covering the remaining villages.
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ATN system for air safety
Experts from Asia-Pacific nations discussed ways to implement an aeronautical telecom network (ATN) system for seamless exchange of messages for planes flying in the region. The new system would complement and later replace voice communication between air traffic control, pilots and others by providing all flight data and information through messages.
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China bank to fund Indian infra
Just as the worldââŹâ˘s largest bank in terms of profit, market capitaliĂÂsation, and customer deposits veĂÂntured into India last month with plans to fund the infraĂÂstructure sector, the Indian govĂÂernment also gave its nod to Indian comĂÂpanies to raise loans up to $1 billion in Chinese yuan.
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Power Grid on a roll
The new Chairman and Managing Director of Power Grid Corporation of India follows good examples before him and therefore, as he steps into his predecessor SK ChaturvediââŹâ˘s shoes, he also enters the new challĂÂenge of rural transmission and new and replacement technology such as high voltage (HV) cabling and smart grids.