News

GMR Group's combined cycle power plant in Andhra Pradesh has been synchronised to the state’s power grid.

NTPC has inked a pact with EGCB to provide operation and maintenance services for a power plant in Bangladesh.

So how much will each company finance out of that amount?

India expressed confidence in generating surplus power for export as more power equipment firms prepare to set up units. “We had only Bharat Heavy Electricals Ltd. Now, six big companies are coming in joint ventures and the country will not face any power problem. I am confident that the country will export power to other countries,” said Union Power Minister Sushilkumar Shinde. He pointed out that while the government of India has kept a huge target of adding power generation capacity of 78,777 megawatt for the 11th Five Year Plan from 2007 to 12, there are not many equipment manufacturing companies.

Bangaldesh aims to ensure electricity supply for 60 % of its citizens by 2013.

Mitsubishi Heavy Industries will build a 1,600MW gas turbine combined-cycle power generation plant in Thailand.

Tata Power and SN Power are scouting for hydroelectric projects in India and Nepal.

The company said it would buy an extra 3.3 million metric tons of LNG a year through 2035.

Moser Baer is investing $1 billion in solar projects with a cumulative capacity of 300 MW in the country and abroad in the next nine months.

Tepco plans to cut another 100 billion yen in costs to help pay for damage at its crippled Fukushima Daiichi nuclear power plant.

Siemens will supply the power block and other main components for the new combined-cycle power plant in Singapore.

 

ADB is providing a long-term loan of up to $48 million to finance the 40 megawatt solar power project located in Jaisalmer district in the western state of Rajasthan.

Vietnam's Ninh Thuan Province is treating its two nuclear power projects as a catalyst to attract more investments.

A team from Bangladesh is visiting China to fix the schedule for an MoU signing to set up a coal-fired plant in Chittagong.

ADB has approved a US$309.89 million loan for the construction of 750MW O Mon Power Plant 4 in Can Tho Province, Vietnam.