Power, coal and renewable energy minister Piyush Goyal is hopeful of the Indian power sector getting significant investments from global investors at the World Economic Forum meeting in Davos.
Category: Power & New and Renewable Energy
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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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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.
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Singareni to set up 600 MW plant
Singareni Collieries Company Ltd has approved the setting up of a 600 MW coal-fired thermal power plant (Stage II) at Jaipur, in Adilabad district of Telangana.
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BHEL bags Rs.1202 crore power project order
State-run BHEL has bagged a Rs 1,202-crore order for 370 MW gas-based combined cycle power project in Karnataka.
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Upwardly Mobile
Nitin Chalke is the Managing Director of Eaton in India, a $22 billion global power management company. In his current role Chalke is responsible for working with Eaton´s five businesses to develop strategies that will build Eaton´s overall presence and success in India.