India
Azure to invest $40M In Gujarat Solar Plant
Azure to invest $40M In Gujarat Solar Plant
Azure Power will develop a 15 MW solar PV power plan with an investment of $40 million in Gujarat. The investment is led by Overseas Private Investment Corporation, an agency of the United States Government. Other investors in the project include World Bank arm IFC, and venture capital firms Helion Advisors and Foundation Capital.
Tata Power connects with Mumbaikars
Tata is running an advertising campaign to reinforce its bond with Mumbaikers and celebrate its journey and initiatives towards strengthening this relationship.
Reliance Power to utilize Shanghai Electric products
Reliance Power Limited has placed an order for 30,000 megawatt capacity of boiler, turbine, generator packages with theShanghai Electric Group Company. It will be used for its coal based power plants. Reliance Power and SEC have signed memorandum of understanding to cover the financing with leading Chinese Banks such as Bank of China, China Development Bank, the Export-Import Bank of China and Industrial and Commercial Bank of China. The agreement with the Chinese banks allows Reliance Power to get financing for importing Chinese equipment for up to $12 billion.
Reliance Power to get $5B renewable energy funding
Reliance Power will borrow US$5 billion with the Export-Import Bank to finance its 900-MW of renewable technologies. These include solar and wind energies as well as up to 8,000 MW of gas-based power-generation technology.
China vs. India for Nepal hydropower project
A hydropower project in Nepal is being eyed by three Indian companies and a joint venture and three Chinese companies.
NTPC installed capacity increases to 32694 MW
The first 500 MW unit of Indira Gandhi Super Thermal Power Project at Jhajjar has been commissioned after achieving full load.
Power purchase deal signed for NTPC Kudgi plant
NTPC and the electricity supply companies of Karnataka have signed power purchase agreement for the 4,000 MW Kudgi plant.
Kotmale tunnel to carry water to power station
The Upper Kotmale tunnel will carry water from Kotmale River to the power station which is slated to add 150 MW of electricity annually to the National Grid.
CEB to construct Nuwara Eliya hydropower complex
CEB will soon commence construction on the Broadland hydropower complex in the Nuwara Eliya district.
ABB wins $40M substations order in India
ABB will supply three new substations for Maharashtra Eastern Grid Power Transmission Company Limited. The order worth US$40 million from PMC Project Private Limited was booked in the third quarter.
ADB grants $21.6M for Bhutan’s household electrification
Bhutan is receiving fresh ADB assistance in providing electricity to all rural households. Asian Development Bank's Board of Directors has approved a grant of almost $21.6 million for the Bhutan Rural Renewable Energy Development Project.
Saint-Gobain wants solar manufacturing plant in India
Saint-Gobain is interested in putting up a plant in India but wants government support.
Acciona constructs third wind park in India
Acciona Energy has started constricting the 56 MW Tuppadahalli facility, its third wind park in India. It will come on stream in 2011. According to the Construction and maintenance News, the wind park represents an investment of US$81.3 million. The wind park will increase the company's wind power capacity in the country to 85.8 MW.
Indian nuclear expansion gets financing
Nuclear Power Corporation of India Limited's large capacity addition program will be financed by the Power Finance Corporation.
Wartsila to operate and maintain Pakistan plant
Wartsila has been awarded an operations and maintenance agreement by Liberty Power Tech for its power plant in Pakistan.
GE wins $750M Indian gas turbine order
GE will supply $750 million worth of equipment and services for a 2,400-megawatt expansion of the Samalkot power plant.
Bihar gets $132M electricity upgrade loan
The Indian state of Bihar will receive $132 million from ADB for electricity system upgrades.
Commentary
How pump retrofits boost profitability and efficiency in ageing power plants