DERC plans to introduce smart meters in Delhi

The Delhi’s power regulator Delhi Electricity Regulatory Commission has decided to introduce a smart metering system through which consumers can make “informed choices” about electricity use based on varying cost and availability during the...

Politics cheers power trading cos

: Polls may or may not disturb the seats of power, but power traders are clear winners in five states undergoing Assembly elections. The normally-quiet power trading market has seen hectic activity in January...

Solar power, equipment units seek to recast debt

With mounting inventory pile-ups and rising interest costs and dues, many companies from the solar power generation and equipment manufacturing segments have opted to recast their debt. The latest in the line for corporate...

Power cos may’ve to give priority to captive coal

The government may make it mandatory for power producing companies like Tata Power, Adani, JSW Energy and Reliance Power to use coal from their domestic captive blocks on a priority basis for their projects...

NTPC to invest Rs 24,000 cr in Andhra power plant

Country’s largest power producer NTPC is looking at an investment of Rs 24,000 crore for constructing a 4,000-Mw thermal power plant in Andhra Pradesh, a company official said. “This is a 4,000-Mw (5×800 Mw)...

NPCIL outreach activities go up 10-fold, target youth

Stung by protests against the nuclear power programme across the country post Fukushima in March last year, the Nuclear Power Corporation of India Limited (NPCIL) initiated a massive and deliberate campaign last year to...

Essar Energy posts earnings drop, down 10%

India-focused refiner and power generator Essar Energy said core earnings fell 10% in 2011, falling short of analyst forecasts due to weaker refining margins and depreciation of the rupee in the second half of...

CLP says may consider listing India unit

Regional power utility CLP Holdings Ltd said on Monday that it will consider listing its India business to raise funds for further expansion there. “Our Indian business may at some stage make demands on...

Chinese solar major offers financing for Indian projects

China Sunergy, one of China’s larger solar module manufacturers, is willing to bring investments into solar projects in India, the company’s Chief Executive Officer, Mr Stephen Cai, told Business Line. Nasdaq-listed China Sunergy, which...

Alstom T&D bags Rs 64.8 crore contract

Alstom T&D India has bagged a Rs 64.8 crore contract from Power Grid Corp for supply of high voltage circuit breakers. The contract envisages supply of 64 circuit breakers for various 765 kV sub-stations located at...