L&T Construction, through its fully owned subsidiary L&T Saudi Arabia LLC, has bagged an engineering, procurement and construction order from the Saudi Arabian Oil Company (Saudi Aramco).
Tag: transmission
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Power Play
The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.
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We are planning to formulate a Renewable Energy Act
We are planning to formulate a Renewable Energy Act as currently, all the electricity activities come under the Electricity Act, 2003. The new Act will not only help in streamlining many aspects like power generation, supply and tariff, but will also assist in attracting investments.
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Lack of priority sector lending for RE is an issue
The Indian government has successfully launched several policy instruments, which have enhanced the viability and bankability of RE projects.
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Alstom T&D India bags PowerGrid order
Alstom T&D India has bagged an order worth Rs 138 crore from Power Grid Corporation of India (PGCIL)
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Power transmission loss totals 27%
The average all-India loss levels of power transmission in FY13 were in the range of 27 per cent, according to a recent report by ICRA.
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Utilities must be freed from the control of State governments
Amol Kotwal, Director, Energy & Power Systems Practice, Frost & Sullivan, speaks on what can be done to turn around the distribution scenario in the country to boost the prospects of the power sector.
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L And T bags PowerGrid contract
The Power Transmission & Distribution business of Larsen & Toubro has bagged a contract from the Power Grid Corporation of India for executing 400/220 kV GIS substation at Pandiabil in Odisha
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FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.