Reliance Infrastructure (R-Infra) has reported a 7.2 per cent rise in its net profit for the April-June quarter, on the back of lower expenses. The company reported a consolidated net profit of Rs 439 crore, against Rs 409 crore reported a year ago.
Category: Power & New and Renewable Energy
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Wartsila to supply LNG satellite terminal to Raahe, Finland
WĆĀ¤rtsilĆĀ¤ has signed a turnkey contract to supply a liquefied natural gas (LNG) receiving terminal to be built in Raahe, Finland. An EPCI (engineering, procurement, construction and installation) contract has been signed with energy company, Raahen Voima.
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Waaree Energies launches 1,500-V crystalline solar PV module
Waaree Energies Ltd, a diversified solar power solutions company, has announced the launch of a new 1,500 V System Voltage crystalline solar module at the Renewable Energy India Expo, 2016.
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Binani Group to invest Rs.10,000 cr in West Bengal
Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
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Mohali to get five new power grids of 66 KV
To overcome the problem of power shortage in Mohali, five new grids of 66 KV capacity will be set up within the next one year. As many as 200 transformers will also be replaced in the district for uninterrupted power supply to farmers and in rural areas.
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DMICDC and IIFCL sign MoU for cooperation on infrastructure projects
The Delhi Mumbai Industrial Corridor (DMIC) has received another major boost with the government-owned India Infrastructure Finance Company Limited (IIFCL) offering its support for the financing and development of viable infrastructure projects.
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DERC wants more non-tariff revenue for discoms
New DelhiĆĀ“s power regulatory body has proposed changes in its regulations to allow discoms, which claim to be under financial stress, to retain a larger share of their non-tariff income.
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KSERC extends power tariff validity
The Kerala State Electricity Regulatory Commission (KSERC) has extended the validity of the existing power tariffs till September 30 or until the time new rates are announced, whichever is earlier.
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WTE plants to come up in Chennai
Greater Chennai CorporationĆĀ“s plan to launch waste-to-energy plants in Kodungaiyur and Perungudi are nearing fruition. The civic body has done a study on a range of subjects such as waste characterisation in the city and quantifying the waste dumped for the waste-to-energy project
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Kudankulam Unit 2 to be connected to power grid
Days after the first unit of the Kudankulam nuclear power plant was inaugurated, officials of the Russian firm involved in the project have said that Unit 2 will soon be connected to the power grid.