News

China earmarks $62B for 4 hydroelectric power plant projects

China earmarks $62B for 4 hydroelectric power plant projects

China will invest 400 billion yuan or $62 billion in the construction of four hydroelectric dams.

ADB urges for more clean energy investments

ADB is urging Asia-Pacific countries to invest in clean energy and energy efficiency to secure recent economic gains.

NHPC to invest in 3 Jammu & Kashmir projects

NHPC intends to invest Rs 2,400 crore for three projects in Jammu & Kashmir under a joint venture with Jammu & Kashmir State Power Development Corporation and PTC India.

CEM to review power network's reliability

CEM is reviewing the condition of the power network and defining a medium and long-term development plan to reinforce the network reliability. This is to further ensure the reliability of power supply to be in line with the surge of electricity consumption.

Bangladesh to formulate coal policy through public opinion

Commerce Minister of Bangladesh Faruk Khan announced that the Bangla government would take its decision on coal extraction in consultation with the local people.

NEEPCO awaits budget sanction for thermal plant

NEEPCO's  is still awaiting sanction for its budgeted outlay for its West Khasi Hills coal based thermal plant from the government.

Suzlon chief forecasts Indian wind energy to grow at 40%

Indian wind energy will register close to 40 per cent growth rate in the wind segment, according to Suzlon chairman and managing director Tulsi Tanti. He added that it will continue to contribute the maximum to the renewable energy mix in India in the short term.” Wind energy sector globally is recording fast phased growth after the 2008 slowdown. The order books with the major players will substantiate the healthy growth, says Tanti. Tanti explained that the adaptation of newer technology will enhance this growth rate.  

Off-Grid electricity storage market to grow $3.6 bn to $13.5 bn by 2016

Fuel cells alone will grow from $536 million in 2011 to $1.3 billion, says Lux Research.

Korea nuclear reactor shuts down due to overload

A glitch in the power transmission line caused the nuclear reactor in southeastern South Korea to go offline. The Korea Hydro & Nuclear Power Co. stated that the Gori-2 reactor northeast of Busan was shut down when a 345 kilovolt power line experienced an overload, yonhapnews reported.  

Natural gas to overtake coal by 2030 as oil prices enter the ”danger zone”

And Nuclear will fall from 14 % of power generation to just 10 % following Fukushima, the International energy Agency says.

China Datang to use Vestas turbines in Mongolia project

China Datang has given Vestas a new contract to supply 49.3MW of wind turbines for its Dayuanshan wind farm in Wuchuan County, Mongolia.

Sinohydro admits flaws in Bakun Dam construction procedures

Sinohydro denied accusations it used unsafe construction methods to build Malaysia's Bakun dam.

Huaneng Power gets green light for cogeneration project in China

Huaneng Power has been given a go signal by the Jiangsu Provincial Development and Reform Commission to construct the  Huaneng Jinling combined cycle cogeneration project.

Leighton-GE consortium gets $130M Australian wind farm contract

A Leighton-GE consortium has been awarded a $130 million engineering, procurement and constructioncontract to build the Mumbida wind farm south-east of Geraldton.

Coal shortage short circuits power sector growth in India

The demand for coal continues to rise, with it accounting for 66% of total electricity generated in FY11.

Singapore PowerGrid to work with Telvent for outage management

The project is set to reduce service disruptions and associated costs caused by power outages.

Punj Loyd to provide EPC to 4 Indian water reacxtors

India's Punj Loyd will provide nuclear piping to four pressurised heavy water reactors in India.