Category: News Updates

Ministerial note on 15% disinvestment in PFC

The Power Ministry is believed to have sent a cabinet note to the department of disinvestment on its 15 per cent follow on public offer (FPO) in Power Finance Corporation next year, a source...

ADB signs JV with NTPC to develop renewable energy

The Asian Development Bank (ADB) signed a joint venture agreement with NTPC Ltd. and Kyushu Electric Power Company of Japan to develop and operate 500 megawatts of renewable energy projects in India in the...

India to start power trade with Sri Lanka by 2014

The two countries are likely to sign an MoU for a Rs 2,500-crore (Rs 25 billion) project. The government’s initiative to have trading of electricity with Sri Lanka is likely to bear fruit by mid-2014,...

Uttar Pradesh govt approves thermal power plant in Kanpur

Uttar Pradesh government today gave its nod for setting-up a 2000 megawatt thermal power plant in Ghatampur in Kanpur under Public-Private Partnership (PPP) formula with Public sector unit — Nevyeli Lignite Corporation Limited. The state cabinet...

BHEL, GE India in JV for water treatment solutions

State-owned power equipment maker BHEL today said it would join hands with GE India Industrial Private Limited for manufacturing water treatment equipments. “BHEL and GE India Industrial Private Limited (GEIIPL), a 100 per cent...

Assam edge in power tussle

Assam may have gained an edge over Arunachal Pradesh in a battle over hydel schemes that mirrors the Orissa-Andhra Pradesh tussle relating to the Polavaram dam project. Itanagar is pushing for some 85 hydro-power...

UK says India carbon tie could help global deal

Bilateral agreements to develop clean technology and unlock private sector finance could help fill the gap in the absence of an international climate change pact, Britain’s climate and energy minister said on Monday. With...

Orissa Power embarks on Rs.10,000 crore expansion plan

Orissa Power Generation Corporation Ltd (OPGC) has floated a global tender for expansion of its coal-fired power plant in the state, a company official said Thursday. The company, a jointventure between the Orissa government and...