The Asian Development Bank has extended a $175-million loan to public sector undertaking Power Grid Corporation of India Limited (PGCIL).
Category: Power & New and Renewable Energy
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Infrastructure sector sees deals worth $3.49 billion in FY17
The infrastructure sector raised a total of $3.49 billion across 33 transactions in FY17 compared with $2.98 billion raised in 31 transactions in FY16, highlighting the growing number of deals in the sector, according to data from investment bank Equirus Capital.
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544 ULBs sign MoUs with EESL for LED streetlights
A total of 544 Urban Local Bodies (ULBs) have entered into an implementation agreement with Energy Efficiency Services Limited (EESL) for replacement of streetlights with LED streetlights, till 3rd April, 2017.
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Centre releases details on nuclear energy generation
The electricity generation from nuclear power in the last two years, i.e., 2014-15 and 2015-16, was 37,835 million units (MU) and 37,456 MU respectively. The generation in 2014-15 was 35,592 MU of commercial generation and 2,243 MU of infirm (non commercial) generation, while the entire generation in 2015-16 was commercial.
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Renewable capacity addition catches up with thermal power in India
Energy transformation has arrived in India. According to the Ministry of New and Renewable Energy (MNRE), IndiaÂ’s total renewable capacity including solar, wind, biomass and small hydro grew by around 11.2 GW in FY2016-17, at par with thermal capacity addition, which registered a decline of 50 per cent in the year.
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TEPCO announces equity investment in Moixa Energy
Tokyo Electric Power Company Holdings (TEPCO) has announced a £500,000 equity investment in Moixa Energy Holdings, the UK’s leading residential battery and platform for managing storage services.
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Raritan introduces Intelligent Rack PDUs with new controller
Raritan® — a brand of Legrand, and a provider of intelligent data centre management and rack power distribution solutions — has announced its next-generation intelligent power product portfolio. Powered by the new iX7™ advanced controller, a new series of Raritan’s intelligent rack PDUs (iPDUs) now provides additional smart management capabilities that help future proof data centre infrastructures
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Goyal lays stress on coal sector achieving cost effectiveness
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, presided over the inaugural session of the day-long Workshop on ‘Quality of Coal’ as Chief Guest in New Delhi. The workshop included brainstorming and technical sessions among the stakeholders of the coal and power sectors to bring in greater efficiency and self-sufficiency in the two sectors in India.
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Mitsubishi Corporation Power Systems participates in biomass power generation project
Mitsubishi Corporation Power Systems Inc (MCP), a wholly owned subsidiary of Mitsubishi Corporation (MC), has joined with The Kansai Electric Power Co, Inc (KEPCO) to establish a new joint venture.
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UDAY achieves its most important objective
It has been nearly eighteen months since the Ministry of Power announced the vital Ujwal DISCOM Assurance Yojana (UDAY) scheme for financial and operational reform of power distribution companies (DISCOMs) in India. Twenty six states and Union Territories, including four of the worst affected states — Rajasthan, Tamil Nadu, Uttar Pradesh and Haryana — have signed up for the scheme.