KEPCO to invest $7.2 billion in smart grid by 2030

State-run Korea Electric Power Corp (KEPCO) said on Friday it would invest 8 trillion won ($7.18 billion) in its smart grid business by 2030 to cut carbon emissions and boost the efficiency of electricity...

Japan plans new renewable tariffs from 2012

Japan plans to make the power sector buy electricity from a wider range of renewable energy sources than it does currently in a feed-in tariff incentive scheme from the year starting April 2012. The...

4000MW Bhedabahal UMPP in Odisha gets green nod

The union ministry of environment and forests has given the green signal for the 4000 MW Bedabahal ultra mega power project (UMPP) in Odisha, clearing the road for the power ministry to award the...

Chhattisgarh to pump in Rs.17,000 cr in power sector

Raipur, Chhattisgarh government-run power companies will pump in Rs.17,000 crore in the state over the next three years to increase power production and also improve the power transmission and distribution infrastructure, Governor Shekhar Dutt...

REC may borrow up to $1.5 bn next year

One of the two largest lending organizations in the Indian power sector, state-owned Rural Electrification Corp. Ltd (REC), plans to raise up to $1.5 billion (Rs.6,810 crore) through a combination of external commercial borrowings...

British civil nuclear trade delegation to visit India

Mumbai, A civil nuclear power trade delegation of eight leading UK-based companies, coordinated by the UK Nuclear Industry Association (NIA), will be visiting India next week. The delegation will be led by UK Business Ambassador...

Punjab: 4 more years for power-surplus status

MUKTSAR: Punjab deputy chief minister Sukhbir Badal has now added another four years to fulfilling his promise of making Punjab a ‘power surplus’ state. If four years back, the SAD(B) chief had declared to make...

NALCO seeks consultant to help bid for UMPPs

DNA India reported that NALCO, the government owned aluminum major which announced a foray into the power sector in October 2010 is looking for consultants to help the company bid for the upcoming 4,000...

World Bank to double clean energy lending

The World Bank and its associate body, the International Finance Corporation (IFC), will double loans given to renewable energy projects to $2 billion (Rs9,103 crore) in the next three years, a senior official from...

Coal India to set up 20 new washeries: Jaiswal

NEW DELHI: Coal Minister Sriprakash Jaiswal today said Coal India will set up 20 new washeries with a combined capacity of 111 million tonnes to help realise a better price for its produce. “… Twenty...