India plans power lines via Bangladesh

India is exploring the possibility of building transmission lines via Bangladesh to supply power to that country and to transmit electricity between the northeast and the rest of India, union Power Minister Sushil Kumar Shinde...

Seeking a policy fix for discoms

While power generation and transmission are attracting huge investments, the Indian government needs to reanalyse its policies to make the sector viable. According to industry estimates, the sector will grow at a CAGR of...

NTPC to set up 4,000 Mw project in Vizag

National Thermal Power Corporation (NTPC) Limited will be setting up a 4,000-Mw power project at Pudimadaka in Anakapally mandal of Visakhapatnam district at an approximate cost of Rs 23,000 crore. A file clearing the...

Power Finance Corporation: Buy

Investors with a two-year horizon can accumulate the stock of Power Finance Corporation (PFC), a leader in the infrastructure financing space. Strong and sustainable demand for infrastructure credit coupled with the fact that majority...

Gridco signs power purchase pacts with OHPC, OTPCL

Grid Corporation of Orissa Ltd (Gridco), the bulk purchaser of power in the state, today signed Power Purchase Agreements (PPAs) with state owned power utilities- Orissa Hydro Power Corporation (OHPC) and Orissa Thermal Power...

BHEL seeks govt action to counter Chinese threat

Navratna public sector unit BHEL has approached the government for remedial action to counter the threat posed by Chinese power equipment suppliers. BHEL has urged the government to impose duties on Chinese imports, so...

2010: A defining year for UP’s power sector

11,000 Mw power, Rs 50,000 crore investment planned. The year 2010 can be considered a defining year for the laggard power sector in Uttar Pradesh with ambitious capacity additions planned and actually set in...

Powergear plan to foray into renewable energy sector

High voltage electricity equipment manufacturer Powergear Ltd has proposed a Rs 150 crore “greenfield project” with an European partner for making its formal foray into the renewable energy sector. The Bangalore-headquartered company, which has...

New tariff regime will electrify power sector

The transition to a new regime, under which power projects will be awarded to prospective developers offering the most competitive tariffs, is the most anticipated change in the power sector as we move into...

GMR Group plans floating LNG terminal on east coast

Soon, imported natural gas could find its way into the country through floating platforms. Bangalore-based GMR Group is exploring alternative ways of getting natural gas, including installation of a floating liquefied natural gas (LNG)...

SAIL FPO in Jan, ONGC in March, IOC deferred

Drawing a roadmap for disinvestment during the last quarter of this financial year, the government today said it would dilute its stake in SAIL in January, followed by Power Finance Corporation (PFC) and oil...

NTPC, PowerGrid on signing spree for new projects

State-owned NTPC Ltd and Power Grid Corporation (PGCIL) — two of the country’s largest power utilities — have more or less insulated themselves against private sector competition for new projects, at least for a...

NTPC signs PPA with Gridco for its proposed projects

NTPC signed a Power Purchase Agreement (PPA) with the state-owned Grid Corporation of Orissa (Gridco) for sale of power from the central sector’s proposed projects in three eastern states of Orissa, West Bengal and...