India is looking to smart grid infrastructure to help tackle an out-of-control electricity theft problem and improve reliability. Theft costs the Indian power sector $16.2 billion per year.
Author: admin (Infratructure Today)
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PFC to extend Rs.1,112-cr loan to AP power sector
Power Finance Corporation has agreed to extend a Rs. 1,112-crore loan to Andhra Pradesh´s power sector, which includes Rs 1,000 crore to bridge the fund requirement post the division of the State and Rs 112 crore for setting up 4,000 solar pump sets.
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ABB wins Rs.56 cr order to strengthen Lanka infrastructure
ABB, a leading power and automation technology group, has won an order worth about Rs 256 crore from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an existing substation in Sri Lanka.
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BHEL bags power contract
Bharat Heavy Electricals Limited (BHEL) has received Rs 3810 crore contract from Telangana State Power Generation Corporation Limited for Telangana´s first supercritical thermal power plant.
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NTPC mulls buying eight power plants
NTPC has identified seven to eight private power plants as potential acquisition targets. The company will take a final decision on them and make an announcement before 31 March, 2015.
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Bidding for TN, Odisha UMPPs scrapped
The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
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Jindal Steel & Power releases its first Business Sustainability Report
Jindal Steel and Power Limited (JSPL), India´s leading steel and power company, has released the company´s first Business Sustainability Report for FY 2013-14; showcasing Innovation as the corner stone of Sustainable Business.
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Gujarat Pipavav Port Q4CY14 Net Profit up 16%
Gujarat Pipavav Port Ltd (APM Terminals Pipavav), operating one of western India´s fastest growing gateway ports, has reported a 16 per cent jump in net profit for the fourth quarter ended 31st December 2014,
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IOC yet to start work on Rs.5,150-crore LNG project
State-owned Indian Oil Corp (IOC) has said that it is yet to commence work on a Rs 5,150 crore liquefied natural gas (LNG) import terminal at Ennore in Tamil Nadu.
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BHEL commissions another 600 MW thermal unit
Bharat Heavy Electricals Limited (BHEL) has said it had commissioned another 600 MW thermal unit at Jindal Power Limited (JPL)´s 4x600 MW thermal power project located at Tamnar in Raigarh district of Chhattisgarh.