Heavy equipment maker Bharat Heavy Electricals Limited said it won a Rs 4,400 cr order from the UP state electricity generation company to set up a 660 MW thermal power plant near Kanpur. The order has been placed on BHEL by Uttar Pradesh Rajya Vidyut Utpadan Nigam Ltd (UPRVUNL). Located at Panki in Kanpur district […]
Around 82.5% of the landowners at the site of the upcoming Jaitapur Nuclear Power Plant in Maharashtra have agreed to receive compensation under the project, the ministry of atomic energy said today. Out of 2,236 people whose land needs to be acquired for the mega project, 1,844 have accepted the compensation and 1,820 have received […]
Yes Bank said it will lend Rs 750 cr to Mahindra Renewables Pvt. Ltd., part of the Mahindra Group, for constructing a 250 megawatt solar farm in the solar park at Rewa in Madhya Pradesh. The project has raised another Rs 200 cr from other financial institutions and achieved financial closure, the bank added. The […]
Suzlon Energy, one of the pioneers of wind power in India, said it has finished commissioning its entire solar order book of 340 megawatt, and will focus on hybrid solar-wind projects going forward. Out of the 340 MW erected, 210 MW was erected in Telangana, 60 MW in Rajasthan and 70 MW in Maharashtra. The […]
NTPC Ltd, India’s largest power producer, said it is raising $400 mln (Rs 2,600 cr) by selling dollar-denominated bonds that carry a 4.5% interest. The bonds were priced yesterday and the issue is now open, the company said. The notes will mature on March 19, 2028. Both the principal and interest payments will be made […]
Larsen & Toubro, India’s largest construction company, and BHEL, India’s largest supplier of power plant equipment, are among those tapped by the Nuclear Power Corporation for the rollout of the first large-scale nuclear power plants developed using Indian technology. While L&T said it received a Rs 442 cr order to supply forgings for steam generators […]
Reliance Infrastructure, the construction and infrastructure arm of the Anil Ambani Group, said it got permission from the ministry of coal to increase its coal mining by about 6%. Sasan Power Project “has received permission from the ministry of coal, government of India.. to increase coal mining from 17 mln tonne per annum to 18 […]
In a move that is likely to benefit thermal power producers and coal manufacturers in India, power minister Raj Kumar Singh today said that efforts are being made to move towards ‘time of day’ tariff system to balance the interest of traditional and emerging power sectors. “We must understand that renewables cannot help us meet […]
Tata Steel said it has completed the acquisition of a 135 MW power plant from a subsidiary of Jasper Industries for Rs 255 paid in cash. The thermal power plant, located in Cuttack district in Odisha, will help it increase its captive source of power to meet its growing demand, it said. The acquired company […]
Bharat Heavy Electricals Limited (BHEL) said it won a Rs 2,800 cr order from Maharashtra State Power Generation Company (MAHAGENCO) to set up a 660MW coal-based thermal power project in Bhusawal Thermal Power Station in Maharashtra. It will be set up as an expansion project (Unit 6) of the existing power station. The 1,420 MW […]
India faces steep odds in its race to meet its solar power addition targets for the current year. Last year, the country had added only 5.53 GW of incremental solar power capacity against a target of 6 GW. This year, the target is 10 GW. However, as of November end, it has added only 3.46 […]
The government of India said there was no change in its plans to set up a mega nuclear plant in Kovvada in Andhra Pradesh with bankrupt US technology provider Westinghouse. However, said the Department of Atomic Energy, the two parties are yet to arrive a “viable project proposal”. “Discussions are in progress between Nuclear Power […]
Bharat Heavy Electricals Limited said it won a Rs 7,300 cr order to set up a 1,320 MW Supercritical Thermal Power Project (TPP) in Tamil Nadu. Valued at over Rs.7,300 Crore, the order for setting up the 2×660 MW Udangudi TPP has been placed on BHEL by Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO), […]
Inox Wind Limited, the most aggressive player in bidding for new wind power projects, said it expects almost 6 GW of new wind power projects to be auctioned in India over the next five months. In comparison, the country added 5.4 GW of wind power capacity on the ground in the last financial year that […]
India Ratings, a Fitch company, said it sees no chance for a revival in the fortunes of natural gas-based power generation plants in India. The country saw the setting up of several such plants, especially in Andhra Pradesh, at the turn of the century on expectations of a gas boom from the Krishna Godavari basin […]
Despite a decent monsoon season, water levels at storage facilities in India continues to be below those of last year as well as the 10-year average. Of particular concern is the situation in South India, only 39% of the total capacity of the reservoirs has been filled so far. Usually, the number should have been […]
Even as India more or less sticks to the target on adding large solar farms under its ambitious Solar Mission project, the other leg of the plan — rooftop solar — remains woefully behind target. Under the solar mission, India is supposed to have put in 5,000 megawatt of solar plants on the roofs of […]
Surya Roshni, one of India’s oldest electrical brands, said it launched what could be India’s most power efficient full-size ceiling fan — the SS-32. The fan belongs to the new breed of brushless or BLDC fans that use an electronic circuit to convert alternating current into direct current or DC, instead of a brush. Surya’s […]
Bharat Heavy Electricals Limited said it got an order from Gujarat Alkalies and Chemical Limited for setting up a 15 MW Solar Photovoltaic power plant in Gujarat on Engineering, Procurement and Construction (EPC) basis. This takes the total solar power generation capacity being constructed by the company to 180 MW, including ground-based and rooftop-based. The […]
India today announced among the biggest civil nuclear programs anywhere in the world, saying it will set up 7,700 MW of indigenously developed nuclear power plans. It is the first time that the country is creating so much capacity using local technology. Nearly all Indian nuclear plants are based on imported technology. Typically, India relies […]
