Staff Reporter

The company’s profit after tax also jumped by 17.52% to Rs 52.39 crore.

Goldwind partners with Powercor Australia to connect 13 Goldwind 1.5 MW turbines to the Australian grid.

Sabah Electricity Sdn Bhd and the Universiti Sains Malaysia signed an MoU aimed at increasing energy efficiency via lower cost methods.

Asia has now become the global center for new trends in emission trading but it must be vigilant not to commit same mistakes as the West.

Thai Ratchaburi Electricity Generating Holding expects higher 2011 net profit than last year due to more power plants.

Thailand's Electricity Generating Pcl or EGCO has submitted a bid for a stake in GS Power, a subsidiary of South Korea's GS Caltex, as part of an expansion drive.

Thailand's Ratchaburi Electricity Generating Holding will build power plants in Myanmar.

Areva T&  has bagged a Rs 200 crore contract from state-owned PowerGrid Corp for setting up a transmission network at Bareilly, in Uttar Pradesh.

Voith Hydro will supply turbines, generators and electrical and mechanical auxiliaries for Sikkim’s Rongnichu  Hydro-Electric Project.

Power Grid Corporation is exploring the possibility of setting up a ’smart grid’ on pilot basis to reduce transmission and distribution loss.

Electricity of Viet Nam is seeking loans from international finance organisations and domestic commercial banks to fund power transmission projects.

First Solar's decison to halt the construction of the solar panel in Ho Chi Minh City has raised a worry that it may  stop investing in  Vietnam or narrow the project scale.

SN Power, a Norwegian government-controlled renewable energy developer, is aiming to become an industrial investor in Vietnam within the next two years by targetting local hydropower assets.

The US Government-sponsored banks that have helped fund the takeoff of India’s fledgling solar industry may soon move to withdraw their support, according to an official at the Overseas Private Investment Corporation (OPIC). Peter Ballinger, OPIC’s director, has said that the agency is rapidly approaching its lending limit for PV projects in India and opined that multilateral lenders like the Asian Development Bank (ADB) and the World Bank (WB) could shortly be forced to reassess their aid packages. The ADB, WB and OPIC were among the first to invest in developing solar in India. However, such has been the success of the investment programme that projects in the country now account for 8.5% of OPIC’s total loan book, nearing its 10% limit for any one country. India hopes to complete its first round of large-scale PV installations by January, and is planning to hold an auction for a further 350MW of projects later this month. In October Moser Baer installed India’s largest system to date, a 30MW system in the state of Gujarat, and national capacity now stands at 125MW. Ballinger believes that, with the industry maturing, the time is right for development banks to start withdrawing support. “We’re supposed to be catalytic for new industries by providing financing at an early stage until more traditional lenders get comfortable with the risks of new technologies and businesses they’re unfamiliar with,” he said. “It may be time for commercial banks to step in to India’s solar sector now that it appears to be ramping up."  

Instead of burning waste gas in a boiler, the off-gas from Handan’s blast furnace and coke oven will power a GE 9E Gas Turbine to generate power.

Total net generation for the first ten months of 2011 increased by 19.9% to 92,398,706 MWh.