Power Grid Corporation of India (PGCIL) plans to install about 65,000 circuit km (ckm) of transmission lines during the 12th Five Year Plan (2012-2017), which is more than twice the likely installation in the current Plan.
Category: Power & New and Renewable Energy
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PFC to raise Rs 16,800 cr
Power Finance Corp (PFC) is hoping to raise nearly Rs 16,800 crore in the coming months through issue of securities, including tax-free bonds. Further, PFC has received regulatory approval for $1 billion
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Kothagudem plant production
The unit-11 of Kothagudem Thermal Power Project started commercial production. With this 500 MW unit, the thermal power capacity of APGENCO has crossed 5,000 MW.
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Treading the slippery path
Efficiency enhancement through pricing and non-pricing methods is the need of the hour in meeting our energy adequacy. With India's energy efficiency estimated to be the fifth lowest in the world, there is a tremÂendous scope to improve efficiency. DependÂence on oil imports is expected to rise.
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New duties
Ramesh Chandak has been elected as President, Indian Electrical & Electronics Manufacturers' Association (IEEMA) for the year 2011-12. Chandak takes over from Vimal Mahendru, the outgoing president.
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Cabinet nod for raw materials policy
The Cabinet approved a new policy allowing the acquisition of raw material assets outside India by state-owned companies with a three-year record of making profits, delegating moÂre powers for such buyouts to the boards of maharatna and navaratna public sector companies.
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Essar completes Vadinar refinery expansion
Essar Energy plc has completed a 35-day shutdown of its Vadinar refinery in Gujarat that helped it to tie-in new units required for a $1.85 billion capacity expansion.
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NTPC may fall short in FY12
NTPC may fall around 18 billion units short of its potential production capacity in the current fiscal, as state electricity boards (SEBs) turn away from purchases of expensive electricity produced with imported coal.
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BHEL eyes power projects in Africa
State-owned Bharat Heavy Electricals Ltd (BHEL) will develop power projects in Uganda and Nigeria as part of India's plans to broaden economic engagement with African countries to secure access to oil and gas blocks in the continent.
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Plan Panel forms committee on power distribution
Planning Commission has set up a committee headed by BK Chaturvedi to help restore the financial health of the poÂwer distribution utilities.