Tag Archives: power

Adani Power is currently trading at its upper circuit limit of Rs. 93.15, up by 4.40 points or 4.96% from its previous closing of Rs. 88.75 on the BSE. The scrip opened at Rs. 89.55 and has touched a high and low of Rs. 93.15 and Rs. 89.00 respectively. So ... Read More »

The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi, has approved a one-time relaxation to Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) for extending loans to Distribution Companies (DISCOMs) above limits of working capital cap of 25% of last year’s revenues under Ujwal DISCOM Assurance ... Read More »

CG Power and Industrial Solutions (CG) through its wholly-owned step down subsidiary CG Holdings Belgium NV based at Mechelen, Belgium has inaugurated world’s first mobile substation operating at a voltage level of 400kV. With this world record, CG in Belgium further confirms its position as world’s leading pioneer in the ... Read More »

Power Grid Corporation of India has reported results for second quarter ended September 30, 2018. The company has reported 7.87% rise in its net profit at Rs 2,309.49 crore for the quarter under review as compared to Rs 2,141.04 crore for the same quarter in the previous year. Total income ... Read More »

Parag Milk Foods has launched Go Protein Power, a protein product in the health and nutrition category. This category is approximately Rs 1,500 crore and is growing upwards of 25% annually. Go Protein Power is a 100% vegetarian protein that is made in India. It contains easily digestible protein made ... Read More »

Gallantt Ispat has established a power plant having total capacity of 53 MW which includes 12.5 MW Power plant based on bio mass (Rice Husk) and this power was proposed to be sold to Uttar Pradesh Power Corporation (UPPCL) and the rest to be captivity utilized in Company unit. After ... Read More »

Adani Power has reported results for second quarter ended September 30, 2018. The company has reported net loss of Rs 1.31 crore for the quarter under review as against net profit of Rs 261.86 crore for the same quarter in the previous year. Total income of the company decreased by ... Read More »

VA Tech Wabag has been awarded a major EPC order worth half a Billion Saudi Riyals from Power and Water Utility Company for Jubail and Yanbu, Kingdom of Saudi Arabia. The scope of this Engineering, Design and Build contract is towards the expansion of Sewage Water Treatment Plant in Jubail. ... Read More »

GE Power India has received four orders from NTPC to supply and install Wet FGD systems for a combined value of Rs 1783 crore. The four power plant projects are for Solapur Super Thermal Power Project – 2×660 MW, Tanda Super Thermal Power Project Stage II – 2×660 MW, Feroze ... Read More »

Tata Power Company has received approval for issuance in one or more tranches, of noncumulative, redeemable, taxable, listed, rated securities in the form of Non-Convertible Debentures (NCDs) upto an aggregate amount not exceeding Rs 5,500 crore on private placement basis to any persons, entities, bodies corporate, companies, banks, financial institutions ... Read More »

NTPC is planning to start biomass co-firing across all its coal-based thermal power stations in a view to reduce greenhouse gas emissions and cut pollution. Co-firing is the use of two different types of fuel for generation of electricity. The intension is to reduce air pollution caused due to burning ... Read More »

Reliance Power’s Wholly Owned Subsidiary — Sasan Power has won an arbitration award against North American Coal Corporation (NACC). This is a major milestone in this arbitration with the award received on October 18, 2018 from International Court of Arbitration, International Chamber of Commerce. NACC’s claim of around $32 million ... Read More »

NHPC has taken complete shutdown at its Baira Siul Power Station (180 MW) in Himachal Pradesh for six months with effect from October 15, 2018, for ‘Renovation & Modernization of Power Station for its Life Extension’ works. NHPC is engaged in electric power generation by hydroelectric power plants. The company ... Read More »

NTPC has discontinued operations of Badarpur Thermal Power Station in New Delhi having total installed capacity of 705 MW with effect from October 15, 2018. NTPC is the largest power utility company in India and has presence in Coal, Gas, Solar PV, Hydro and Wind Power Generation and Coal Mining. Read More »

Tata Power has inaugurated its second ‘All Women’ Customer Relations Centre (CRC) in Borivali (East), Mumbai, with an aim to continue providing their talented and highly skilled women employees with new avenues for growth and development. The new centre will be entirely managed by a team of 10 women personal. ... Read More »

Tata Power’s Trombay Thermal Power Station has won the safest workplace award by The Maharashtra Chapter of National Safety Council (NSC) for achieving Longest Accident Free Period’ (more than Ten lakh Man-Hours in a year) in Power Generation, Transmission & Distribution Indusirail Group for the year 2017. Tata Power is ... Read More »

With this new addition in cross border supply PTC will add more than 1.5 billion units to its existing supply of 7 billion units PTC India has signed two new agreements for supplying 200 MW power to Bangladesh on short term and long term basis to a total for 15 ... Read More »

Genus Power Infrastructures has won an order from a State-owned utility for implementation of Advanced Metering Infrastructure (AMI) including supply of 4.31 lakh smart meters. The value of the order is pegged at around Rs 312 crore (net of tax). This is the single largest order for AMI, directly finalized ... Read More »

NLC India and Coal India have inked Memorandum of Understanding (MoU), for formation of Joint Venture (JV) Company for setting up Solar Power Projects of 3000 MW and Thermal Power Projects of 2000 MW. The JV Company to come up on equal equity participation of 50:50 has a time line ... Read More »

Power Mech Projects has received Letter of Intent/Work Orders worth Rs 530 crore. The company has bagged maiden contract in Railway Electrification Segment for Design, Supply, Testing and Commissioning of 25 KV, 50 HZ, Single phase, AC Electrification including OHE, TSS, Civil and Signal & Telecom (S&T) as Composite Electrification ... Read More »