NaanDanJain Irrigation Ltd., a producer and provider of tailor-made irrigation solutions company, said it entered into an agreement worth 18.7 million Euros with Ministry of Agriculture and National Development, Eritrea, for the supply and installation of solar-powered drip irrigation systems. NaanDanJain irrigation Ltd is a wholly owned subsidiary of Jain irrigation and is head quartered […]
IL&FS Engineering and Construction Co.Ltd., a multi-national infrastructure development company, said it received a Rs 173.13 cr contract from Gas Authority of India Limited (GAIL) for the laying and construction of pipeline at Kuttanad. The total length of the 30-inch pipeline is 91 Km and has be completed in 24 months from date of acceptance and with additional […]
Coal India Ltd. is in “deep consultation” with Bangladesh to export the dry fuel, Anil Swarup, Coal Secretary said. Inaugurating the 2-days India Energy Forum (IEF) Coal Summit, Coal Secretary said the step has been taken in the backdrop of a sharp decline in demand for coal as well as with an inventory of over […]
Ducon Infratechnologies, a technology company providing solutions in the digital and infrastructure space, signed an agreement with Zhejiang Hailiang Ecological Materials of China to market and distribute DeNOx catalyst — used to reduce nitrogen oxide emissions from thermal power plants. Ducon’s DeNOx systems uses catalysis technology and control engineering for easy erection in new and […]
India Power Corporation Limited (IPCL), a power generation company, has entered into a 50:50 joint venture service company- “India Uniper Power Services” with German based Uniper, said t he company. The new JV will offer services like flexible and customised plant operations and maintenance, asset monitoring software and analytical tools, flexibilisation of units, lifecycle extension, […]
ABB India, a power and automation technology company, inaugurated a new solar inverter manufacturing facility at Nelamanagala in Bengaluru, said the company. The facility is set to double the solar inverter manufacturing capacity of the company to 2GW in a span of five months, added the company. ABB inverters manufactured at Nelamanagala help power 40% of […]
Tata Power and Javelin Joint Venture have signed an agreement to explore the production of a anti-armour missile system to meet Indian requirements, the Indian company said. The system will include using the missile on ground combat vehicles or via infantry or helicopters, said the company. The agreement was signed via Tata Power’s Strategic Engineering […]
NTPC, a power generation company, said its first hydro power project, the 800 MW Koldam Hydro Project in Himachal Pradesh, achieved more than its targeted power generation levels. The project, built on river Sutlej, began commercial operation in July last year. In the financial year 2015-16 it generated 1794.71 million units of electricity and in […]
Vedanta Resources said its current aluminium production rate is 1 million tons per annum and that the company’s overall production guidance for the current financial year remains unchanged at 1.2 mtpa. It also said the commissioning of pots at the first line of the 1.25 mtpa Jharsuguda-II Aluminium smelter was completed by end of July […]
Tata Power, one of India’s largest integrated power companies, said 42,157 power consumers in Mumbai moved to its network from those of its competitors last financial year, helping the company’s total subscriber base cross 2 mln. Tata Power supplies power to households directly in Mumbai and Delhi — two areas where privatization of electricity distribution was […]
Tata Power’s total generation capacity increased 9% to 9,432 MW in the April-June quarter compared with the same quarter last year, boosted by a fresh addition of 273 MW wind power. The growth in wind power generation was due to commissioning of 44 MW Lahori wind farm project in Madhya Pradesh and Cennergi, its 50:50 African […]
Suzlon Energy said that it will allot 38.95 lakh equity shares to holders of its foreign currency convertible bonds after getting a conversion notice from a bond holder. The bonds were due on July, 2019. Each bond is worth $1000 and will be converted at Rs. 60.225 per dollar. Equity will be issued at Rs […]
NTPC announce today said that it has raised Rs 800 crore as through private placement of secured non-convertible debentures at a rate of 7.58% per annum. The debentures will have a maturity period os 10 years added the company. The fund will be utilized to finance capital expenditure and refinancing the debt requirements in […]
Tata Power Consolidated Revenue stood at Rs. 6,566 crore in Apr-Jun quarter as compared to Rs. 7,016 crore a year earlier. This revenue dip is mainly because previous quarter had favorable ATE order impact in standalone for Rs 137 crore, whereas corresponding quarter has an adverse MERC order in Mumbai Transmission Business for standalone of […]
India’s largest power generation company NTPC reported a surge in its operating profit by 62.6% to Rs 3,815 crore to Rs 2345 crore due to increase in revenue and relatively slower increase in its expenses for the first quarter. However, the impact of higher taxes hit the net profit. Profit grew by 4.3% to Rs 2,340 crores from […]
Jindal Steel and Power said that it has secured coal supply of 1.18 million tonnes per year (MTPA) for 5 years for its 540 + 134 MW captive power generation plants in Dongamahua and Raigarh in Chhattisgarh. The long‐term linkage will ensure steady and assured supply of coal for the captive power plants, thereby enhancing […]
Tata Power’s South African joint venture Cennergi started commercial operations at its 95 MW Wind farm project in South Africa’s Tsitsikamma Community. The wind farm comprises of 31 V-112 3.075 MW Vestas, high-wind turbine with very high capacity factor. As the preferred bidder, Cennergi was selected for two wind projects under the second window of the Renewable […]
Munger in South Bihar has become the first fully electrified district in the state. A total of 27 districts are being electrified under “Deen Dayal Upadhyay Rural Electrification Scheme.” “The deadline for completion i.e. 20 August 2016 was extremely challenging, yet the company was able to complete the task well before deadline,” said Ashoka Buildcon, […]
Suzlon Group, one of India’s pioneering alternate energy equipment maker, said it got a 132 MW wind tower contract from ReNew Power. The order comprises of Suzlon’s latest product offerings and includes S97.90m tubular tower and S97 120m Hybrid Tower with a rated capacity of 2.1 MW each, the company said. The S97 120m is […]
Tata Power exited its stake in the PT Sorik Marapi Geothermal Power project in Indonesia. The company said it has sold — via its Singapore subsidiary — its 50% stake in OTP Geothermal Pte., which in turn owns 95 per cent interest in the 240 MW power project in North Sumatra. The stake was sold […]
