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Home2020November

Month: November 2020

No Picture
Central Sector

Loans worth Rs 1,180 billion sanctioned under discom liquidity package

November 16, 2020

Loans worth Rs 1,180 billion have been sanctioned so far by Power Finance Corporation and REC Limited under the liquidity package for stressed power distribution utilities. According the Payment Ratification and Analysis in Power procurement […]

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Central Sector

KPTL commissions Kohima-Mariani power transmission project

November 16, 2020

Kalpataru Power Transmission Limited (KPTL) has fully commissioned Kohima-Mariani electricity transmission project.  The project was won under a competitive bidding process conducted by PFC Consulting Limited (PFCCL). It involved design, financing, construction, commissioning, operation and […]

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International News

Japan’s Tohoku Electric gets nod to restart nuclear reactor

November 12, 2020

Japan’s Tohoku Electric Power has received the green light from a local governor to restart one of its nuclear reactors, nearly a decade after it was damaged in the Fukushima disaster. After restart, Onagawa No. […]

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State Sector

GSECL appoints M. Prasanna Kumar as managing director

November 12, 2020

Gujarat State Electricity Corporation Limited (GSECL) has announced the appointment of M.Prasanna Kumar as its managing director. Prior to joining GSECL, he had been working with NTPC (corporate fuel management) as executive director. He is […]

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Private Sector

GE Power records net profit of Rs 373.7 million in July-September 2020 quarter

November 12, 2020

GE Power India has reported a consolidated net profit of Rs 373.7 million for the September 2020 quarter, mainly on the back of higher revenues, as compare to net loss of Rs 223.2 billion in […]

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Central Sector

IREDA records increase in gross income of 17 per cent to Rs 23.72 billion during 2019-20

November 12, 2020

IREDA has reported a gross income of Rs 23.72 billion during 2019-20, registering a growth of 17.32 per cent. IREDA sanctioned loans worth Rs 126.96 billion including co-financed projects/ take over loans that would support […]

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Private Sector

Suzlon Energy reports a net profit of Rs 6.7 billion in July-September 2020 quarter

November 12, 2020

Suzlon Energy has posted a consolidated net profit of around Rs 6.70 billion in the September quarter mainly due to lower expenses as compare to net loss of over Rs 7.77 billion in the quarter […]

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State Sector

No power tariff hike, slabs unchanged in Uttar Pradesh

November 12, 2020

Uttar Pradesh Electricity Regulatory Commission (UPERC) has declined to raise power tariff and retained the slabs of 2019-2020. The regulatory commission decided not to change the slab category and the fixed charge, which was kept […]

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Central Sector

Niti Aayog invites bids for setting up advance chemistry cell manufacturing facilities under PPP

November 12, 2020

Niti Aayog has invited bids for setting up advance chemistry cell manufacturing facilities under public private partnerships (PPP) Bids have been sought under the proposed National Programme on advance chemistry cell battery storage. According to […]

Company Release

Online Electrical Condition Monitoring Solution in Power Distribution System by Bender Germany

November 12, 2020

The availability of electrical energy is an indispensable prerequisite in many areas. A failure of electrical energy has a decisive influence on: Safety of persons Safety of property Profitability of a company or the cost-effectiveness […]

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International News

Bangladesh’s PGCB seeks addition funding and extended timeline for 400 kV project

November 11, 2020

Power Grid Company of Bangladesh Limited (PGCB) has recently sought additional funding and an extended timeline for a revised 400 kV HV grid line project. . The original project approved by the Executive Committee of […]

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International News

Siemens Energy announces exit from new coal projects

November 11, 2020

Germany’s Siemens Energy has announced that it is withdrawing from all new coal projects and would no longer bid for tenders for pure coal-fired projects. The withdrawal only relates to new business with pure coal-fired […]

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Private Sector

Rolls-Royce to deliver 29 MW gas power plant to Dhamra LNG Terminal

November 11, 2020

Rolls-Royce has received an order from Dhamra LNG Terminal Private Limited to deliver a 29 MW gas power plant for its LNG regasification terminal in India. The core equipment for the new gas-based power plant […]

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Private Sector

Tata Power’s net profit increases by 10 per cent to Rs 3.71 billion in September quarter

November 11, 2020

Tata Power has reported a 10 per cent increase in consolidated net profit at Rs 3.71 billion for the quarter ended September 2020 as compared to Rs 3.39 billion in quarter ended September 2019. On […]

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State Sector

OPTCL commissions 132/33 kV grid substation and power line in Indian state

November 11, 2020

Odisha Power Transmission Corporation Limited (OPTCL) has recently commissioned a 132/33 kV grid station at Brajabiharipur and an associated 4-km-long line, as extension of the existing 132 kV Bidanasi–Chandaka transmission line, in Cuttack, Odisha. The […]

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State Sector

Chandigarh issues tender for complete privatisation of discom

November 11, 2020

The Electricity wing of engineering department of Union Territory of Chandigarh has issued a tender inviting bids for privatisation.  As per the RfP, bids from interested entities meeting the qualification requirements, have been invited to […]

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Central Sector

NTPC Limited’s Auraiya solar project begins commercial operation

November 11, 2020

NTPC Limited’s 8 MW solar energy generation capacity at its Auraiya project in Uttar Pradesh has been made commercially operational. The remaining 12 MW solar capacity under implementation is expected to be operational by March […]

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International News

Philippine NGCP energises PHP1.1 billion transmission line

November 10, 2020

The concessionaire for the Philippine transmission network, National Grid Corporation of the Philippines (NGCP), has recently energised the 138 kV Butuan─Placer transmission line. … The PHP1.1 billion transmission project possesses a network of overhead lines […]

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Central Sector

NTPC plans to install one-fourth of its capacity based on renewables by 2030

November 10, 2020

NTPC Limited has announced that around a fourth of its power generation capacity will be based on renewable energy sources by 2030. . NTPC plans to achieve 32,000 MW of capacity through renewables or 25 […]

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Central Sector

PTC India’s total income increases by 15 per cent in July-September quarter

November 10, 2020

PTC India has reported a 3.9 per cent decline in its net profit for the quarter ended September 2020 at Rs 1.93 billion as compared to a net profit of Rs 2.01 billion posted in […]

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