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Power Grid on a roll

Power Grid on a roll

The new Chairman and Managing Director of Power Grid Corporation of India follows good examples before him and therefore, as he steps into his predecessor SK Chaturvedi’s shoes, he also enters the new chall­enge of rural transmission and new and replacement technology such as high voltage (HV) cabling and smart grids.

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$750-mn ADB loan for Powergrid project

$750-mn ADB loan for Powergrid project

The Asian Development Bank (ADB) will extend a loan of $750 million for the national power transmission improvement project of Power Grid Corporation of India. The loan will finance the project for bulk transmission of 3,000 MW of electricity from independent power producers in Chhattisgarh to areas in the north, including Delhi.

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ADB loan to Railways

ADB loan to Railways

The Asian Development Bank (ADB) would extend loans of up to $500 million to Indian Railways to improve services along some of the busiest freight and passenger routes.

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Indian equipment for UMPPs

Indian equipment for UMPPs

A committee headed by Planning Commission member Arun Maira, studying the proposal to make it mandatory for bidders of future ultra mega power projects (UMPPs) to buy only Indian equipment is likely to submit its report soon.

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