News

Semirara Mining Corp has signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.

Suzlon Energy Limited announced cumulative orders of 166.30 MW in India over a two month period.

NHPC wants Uttarakhand to address issues to its hydro project to  facilitate the signing of the implementation agreement.

Scotland's First Minister Alex Salmond said a "cultural revolution" of sorts is needed to promote "real understanding" between China and Scotland.

Hindustan Construction Company has finally obtained financial assistance throughf an interest bearing advance of Rs 10 crore from the NHPC.

Semirara Mining Corp signed a seven-year deal to sell up to a 410-megawatt power capacity to Meralco.

Meralco entered into power supply agreements with three major generating firms involving an initial total capacity of 1,720 megawatts. Meralco said it had signed an eight-year power supply deal with South Premier Power Corp for the full 1,180-MW net capacity of the Ilijan natural gas power plant in Batangas, south of Manila. It also sealed a seven-year power supply deal with a wholly owned unit of Semirara Mining Corp, the country's biggest coal producer, for an initial volume of 210 MW. The contracted volume under the deal with Semirara's SEM-Calaca Power Corp unit, which owns a 600-MW coal-fired thermal power plant in Batangas, will increase to 420 MW when another power plant unit begins commercial operation.

KITEX Limited has been allowed to sell power from its two wind energy plants to the Kerala State Electricity Board.

Projects will have to resort to imported materials and the projected the debt service coverage will probably cost INR4.41/kwh.

Rajasthan has raised the tariff for wind power plants commissioned during fiscal years 2010-11 and 2011-12.

According to India's Central Electricity Authority, a total of 5,40,469 villages have been electrified as part of the ongoing rural electrification programme in the country.

Electricity consumption by increased by 5.2 percent in NOvember compared to the sawe period last year.

Prime Minister Manmohan Singh on Thursday said India would enhance ties in a host of areas such as energy with Russia.

Medco Power sold a 51 percent stake to Saratoga Capital to help fund its plan to quadruple its power generating ability in the next four years.