India plans to continue offering a subsidy to wind farm developers which rewards them based on the amount of power they generate and the incentive will conÂtinue beyond March 2012.
Category: Power & New and Renewable Energy
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TN evokes special powers to acquire land for metro
The Tamil Nadu government has evoked special powers conferred by the Land Acquisition Act, 1894, to deny affected property owners the opportunity to raise objections towards land acquisition for Chennai Metro Rail (CMRL).
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Orissa discoms invested Rs 1,426 crore on capex
Central Electricity Supply Utility of Orissa (Cesu), Northern Electricity Supply Company of Orissa (Nesco), Southern Electricity Supply Company of Orissa (Southo) and Western Electricity Supply Company of Orissa (Wesco) have together invested Rs 1,425.58 crore on capital expenditure since the privatisation of electricity distribution in the state.
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WBGEDC uses green power
The West Bengal Green Energy Development Corporation (WBGEDC) along with a private partner will execute a central project to supply power to 41 villages in the Sunderbans on a public-private partnership basis.
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BHEL gets Rs 3,220 cr order for Sagardighi projects
Bharat Heavy Electricals has won an order worth Rs 3,220 crore for supply and installation of the main plant package for the Sagardighi Thermal Power Project Stage-II in West Bengal.
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L&T bags GSECL project
Larsen & Toubro has secured an engineering, procurement and construction contract worth Rs 1,100 crore from Gujarat State Electricity Corporation.
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PSPCL, Lanco signs MoU
Punjab State Power Corporation (PSPCL) signed a Memorandum of Understanding with Lanco Infratech to set up a 1,320 MW (2x660 MW) supercritical technology based thermal plant at Bathinda.
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R-Power borrows Rs 4,000 cr from PFC for its UMPPs
Reliance Power borrowed Rs 4,000 crore from Power Finance Corporation (PFC) to achieve financial closure of two ultra mega power projects (UMPP).
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HCC bags thermal project
Hindustan Construction Company (HCC) has an order from Kanti Bijlee Utpadan Nigam, Muzaffarpur, for construction of Muzaffarpur Thermal Power Project, Stage-II comprising two units of 195 MW each.
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Siemens wins equipment contract
Siemens AG, Germany, and Siemens India consortium were awarded a Rs 305 crore contract for power supply and overhead equipment by Chennai Metro Rail.