The price of spot power in India registered a decrease this month compared to the same month last year as parts of the country experienced a late start to the summer season. The average price of power sold via Indian Energy Exchange (IEX) was at Rs 3.12 per unit, decline of 22% over Rs 4.08 […]
Tata Power Strategic Engineering Division reported that it has delivered the Combat Management System for the Indigenous Aircraft Carrier being built for the Indian Navy . It was developed by Tata Power SED in collaboration with Indian Ministry of Defence’s Weapon and Electronics System Engineering Establishment and Russia’s NPO MARS. Typical functions of the CMS […]
Kalpataru Power Transmission Limited (KPTL), which constructs power and related infrastructure, said it received orders worth Rs 588 crores for its transmission and power business from international markets. With the latest order, the total order inflow for financial year 2018-19 have increased to Rs 8,500 crores, the company said in a statement. KPTL is also […]
Reliance Industries, the flagship company of the Mukesh Ambani led Reliance Group, said it has set up a subsidiary for the purpose of carrying out operations in the real estate space. The group, which has hitherto focused on areas like petrochemicals, energy, retail and technology, does not have a sizable real estate-focused business as of […]
Solar auction activities garnered speed in February after a disappointing performance in January, according to Mercom India, an agency that tracks the solar power sector in India. About 2.7 GW of solar power was auctioned in February, which is 800 MW more than what was auctioned in the same month last year, the firm said. […]
The government’s ‘free LPG connection’ scheme, Ujjwala scheme has crossed the 7 crore-target, making it one of the most successful programs of the current government. The scheme launched on May 1, 2016 with a target of providing LPG connections to 5 crore low-income households, and achieved the target in a record of time of 28 […]
Larsen and Toubro (L&T) said it received a new order from the Oil and Gas Corporation (ONGC) worth between Rs 1,000 crore and Rs 2,500 crore for the development of a marginal field associated with the Mumbai High oil field. Cluster-8 of Mumbai High is located about 210 km to the west of Mumbai city. […]
The government of India today approved a scheme to give incentives to companies that want to manufacture batteries in India. Briefing media after a cabinet meeting, IT minister Ravi Shankar Prasad said: “We have taken a big step to give incentives under the Make in India program to encourage the manufacturing of batteries.” The move […]
Bharat Heavy Electricals Limited, which makes heavy electrical equipment, said has started rolling out a network of electric vehicle charges on the Delhi-Chandigarh Highway. The first such charger was inaugurated today at Ethnic India Resort in Rai in Sonepat district of Haryana. The chargers will be powered entirely by solar technology and will cover entire […]
ONGC Ltd will redraw its long-term roadmap in coming days to bring it in line with the changed operating realities of the company, the state-owned company’s chairman and managing director Shashi Shanker said. The company’s current vision document, known as Perspective Plan 2030, was drawn up seven years ago and laid out the company’s long […]
Larsen & Toubro said it has won two more projects from Saudi Aramco, the world’s second largest oil producer, in consortium with Subsea 7. “The award consists of engineering, procurement, construction and installation (EPCI) of three Oil Production Deck Manifolds and Subsea Pipelines in Zuluf and Berri Fields of Saudi Aramco,” said India’s largest construction […]
NTPC, India’s largest power producer by far, has invited expressions of interest worth thousands of crores of rupees for the supply of agricultural waste to 21 power plants across the country. NTPC will give a four-year assured off-take commitment. The proposals, invited on Dec 26, can potentially be a lucrative opportunity for entrepreneurs willing to […]
Bharat Heavy Electricals said it won a Rs 565 cr order for setting up four solar power plans in Telangana from Singareni Collieries Company Limited. The total capacity of the four plants will be 129 MW, the state-owned capital equipment maker said. With this, BHEL said its solar portfolio has risen to more than 710 […]
The Kaiga Atomic Power Station in Karnataka, developed using Indian technology, has set the world record for the longest uninterrupted operation. The 220 megawatt unit, operated by Nuclear Power Corporation of India Ltd, has produced power continuously for 941 days, breaking the world record of 940 days held by Heysham-Unit 2 of the United Kingdom. The record is […]
Inox Wind, one of India’s leading wind energy equipment makers, said it will launch turbines with a capacity of 3 million watts (MW) each, 50% more than the typical, large turbine sold in India. The new turbines, to be launched in technical collaboration with US-based AMSC, will help reduce power generation costs, the company said. […]
GAIL India, the country’s largest pipeline operator, said the government has decided to include two additional districts of Bihar — Sheikhpura and Jamui — and one more district in Jharkhand — Deoghar — in the 10th round of bidding for setting up of city gas distribution networks. The ninth round of bidding, for 86 ‘geographical […]
GAIL India, the country’s largest pipeline operator, said it has placed an order worth Rs 1,100 cr to buy pipeline required to connect the North Eastern states to the ambitious Jagadishpur— Haldia—Bokaro-Dhamra project. The Jagadishpur—Haldia—Bokaro-Dhamra project runs through three states — Jharkhand, Odisha and West Bengal, and is meant to connect these eastern states to the […]
After years of uncertainty, Vedanta Resources received a 10-year extension for its lucrative Rajasthan oil block that it obtained with the Cairn India acquisition. “The tenure of the RJ Block PSC has been extended for an additional period of 10 years with effect from 15th May, 2020,” the mining major said. The block was originally […]
Oil India Limited (OIL) said it found hydrocarbons in two explorator wells in Assam in the July-September quarter. The first one, in Dibrugarh, produced natural gas at the rate of 1.15 lakh cubic meters per day, while the second one, in Tinsukia, produced gas at 1 lakh scmd. These numbers are at the higher end of production […]
Heavy machinery maker Bharat Heavy Electricals Limited said it won four orders for emission control equipment from power producer NTPC, worth about Rs 2,900 cr, The orders involve the supply and installation of Flue Gas Desulphurization (FGD) systems for control of SOx emissions at NTPC’s producing stations at North Karanpura, Mauda Stage-I, Barh Stage-I and […]
