Gautam Adani plans to acquire power plants with a total capacity of 5,000 MW. The Group is in talks with several power sector players, including GMR, Lanco, Indiabulls, Avantha Power and Athena
Category: Power & New and Renewable Energy
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BHEL bags solar project order
BHEL has bagged an order worth Rs 68 crore for setting up a solar power plant in Karnataka. The contract, received from Karnataka Power Corporation Ltd, is for setting up a 10 MW grid-connected solar power plant at Belakavadi village in Mandya
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NTPC Bangladesh power JV to be operational by FY18
The $1.2-billion Indo-Bangla power joint venture is planning to award the contract for construction of the plant by April 2015 and expected to start commercial generation by FY18.
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Tata Power scouts for renewable deals
To expand its clean energy portfolio, Tata Power is looking for opportunities in India as well as overseas, including in the Middle East and Africa. It has an installed generation
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TN power transmission corridor to be set up
Tamil Nadu Chief Minister Jayalalithaa made a series of announcements covering energy, transport and Adi Dravidar welfare sectors running into several crores of rupees.
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JSW Energy posts 51% rise in net
JSW Energy reported a 51 per cent increase in its net profit for the quarter ended 30 June. The net profit figure stood at Rs 325 crore compared to Rs 214 crore reported in the same quarter of the previous year.
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GE invests in wind energy projects
GE Energy Financial Services has invested in three wind projects of Atria Power from its $1 billion fund. The three wind farms include two projects in Madhya Pradesh and one in Andhra Pradesh
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FM switches on power plug
The beleaguered power sector will find some respite, if the measures announced are implemented properly.
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Govt approves Rs 12,500 crore transmission projects
The Ministry of Power has approved nine new projects with an aggregate cost of over Rs 12,500 crore. These transmission projects will benefit several states such as Haryana, Chhattisgarh, Uttar Pradesh, Madhya Pradesh, Maharashtra etc, by enabling
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Middle Easts largest smart solar project completed
The largest smart solar plant in the Middle East, having a capacity to deliver 8,000 MWh of clean renewable energy, has been successfully installed in Bahrain.Petra Solar, a subsidiary of Petra Systems