Power Grid Corporation — FPO: Invest

Investors with a three-four year horizon can consider subscribing to the follow-on public offer of Power Grid Corporation. PowerGrid, the central transmission utility, wheels more than half the total power generated by power utilities...

India may sign pact on clean energy

After the nuclear sector, the focus for the United States is India’s [ Images ] clean energy. In a step towards this direction, a government-to-government agreement to promote clean energy in India will be signed...

Power Thefts Cost India Rs 45k crore in2009-10

MUMBAI: India’s power revolution seems to have run out of steam due to transmission and distribution losses. The country is losing a huge quota of power to faulty distribution networks and power theft every...

Reliance Power, Chinese firm ink $8.3-bn deal

Reliance Power and Chinese power equipment maker, Shanghai Electric (SEC) on Thursday signed an $8.29 billion agreement here for supply of 36 coal-fired plants that would have a combined capacity of 24,000 mw, in...

Panel to study PPP model in power distribution

NEW DELHI: Seeking to give a new push to reforms in the power sector, the Planning Commission on Tuesday announced constitution of an expert group headed by B. K. Chaturvedi, who looks after the...

Delhi gears up to host global renewable energy meet

A three-day Delhi international renewable energy conference 2010 (Direc 2010 ) will begin on October 27. The theme of the conference is ‘upscaling and mainstreaming renewables for energy security, climate change and economic development.’...

Finland’s solution for India’s power woes

The ministry of renewable energy resources headed by Farooq Abdullah is taking a close look at various proposals made by a Finish delegation led by Paavo Vayrynen, Minister for foreign trade and development. The...

Azure to set up 15 MW solar power plant in Gujarat

Ahmedabad : Leading independent power producer Azure Power today announced an investment of 40 million dollars in Gujarat for developing a state of the art solar power plant. The investment is led by OverseasPrivate InvestmentCorporation (OPIC),...

NLC contract workers end 39 day-old strike

Cuddalore : The 39 day-old strike by contract workers of the public sector Neyveli Lignite Corporation (NLC) ended late last night following successful talks with the management at NLC’s headquarters ‘Neyveli House’. The marathon...

Equipment orders with Chinese cos to stay

New Delhi: The government will not terminate power equipment orders placed with Chinese firms during the 11th Five Year Plan (2007-2012). “Whatever equipment orders have been placed, under the 11th Five Year Plan, it...

Govt to encourage super-critical thermal technology: Shinde

New Delhi : Power Minister Sushilkumar Shinde today said the government wants to encourage efficienttechnologies for power generation and install large-sized super-critical thermal power units to enhance efficiency and reduce coal consumption and Green House...

Exide Industries launches Power Centre

Pune : Exide Industries, one of the leading battery and power storage solutions manufacturers, has launched an Exide Industries Power Centre in the city today. The Centre will cater to the industrial battery clientele-based out of...

Low cash cuts off power firms

India has recorded an additional power generation of 2,000 million units compared to last year, but there are few takers — power utilities across the country are opting for outages or loadsheddings, citing financial...