India

Power Grid Corporation of India is expected to finalise a contract for leasing out its tower infrastructure for telecommunication by the end of May.

The government of Rajasthan has approved a new solar power policy aimed at encouraging construction of 3 GW of solar energy capacity in the next six years.

Only 19,973 MW of the renewable energy potential of around 200,000 MW has been tapped in India, thus far.

The International Finance Corporation will be lending $50 million to PTC India Financial Services to push renewable energy in the country.

SMC Power Generation Limited reiterated its request to the Ministry of Coal for resumption of coal linkage for its 33 MW captive power plant.

NHPC plans to generate in excess of 18.6 billion kW/h of power in 2011/12.

The first 1,000MW reactor at the Kudankulam nuclear power plant in Tamil Nadu, India, will start operating next month.

Birla Power Solutions is looking at raising up to $100 million in the current financial year from private equity players to part finance its diversification plans.

That climate change will have a significant impact on the power sector is a given. Whether it is via physical impacts due to climate events (think: flooding in the coal mining districts of Australia, affecting raw material supply to thermal power plants) or regulation around GHG emissions, the industry is facing new threats due to environmental factors. What is less clear – how, when and by how much will these risks impact companies in the power sector.

The CMC consortium is the lone bidder for future coal extraction and management of the Barapukuria coalmine.

India's Ministry of Power estimates that about Rs 11,183.75 billion or US 252 billion would be required to sustain the power sector during the XII plan period.

General Electric will introduce 660 and 800 MW supercritical steam turbines in India this year.

Tata Power commissioned its 3 MW, Photo Voltaic based, grid connected solar power plant at Mulshi, Maharashtra.

India has called for integrating the entire SAARC region by a robust Power Grid system.

Bharat Heavy Electricals Limited bagged a Rs 5,450 crore order from Bajaj Hindustan Delhi for the supply, erection and commissioning of a 3×660-MW capacity thermal power plant at Lalitpur in UP.

The Orissa said it would “think twice” before introducing competition in the electricity distribution system.