Jammu & Kashmir Governor N N Vohra on Saturday said that the first unit of Uri-II Hydel Project in the state will be commissioned by January next year. This would add 60 Megawatts to power generation by NHPC.
The government on Thursday said that India builds the cheapest nuclear reactors in the world. The completion cost for the indigenous 700 MW pressurized heavy water reactors (PHWRs), which is under construction, is $1,700/kwe.
Executive Director (Technology and Development), Power Grid Corporation of India Ltd, S K Agrawal on Monday said that state governments should focus more on reforming power distribution systems and curtail wastage, rather than just increasing power tariff.
The Rural Electrification Corporation (REC) will fund three power projects of AP Genco. In this regard, a memorandum of understanding (MoU) was signed in the presence of Andhra Pradesh Chief Minister N Kiran Kumar Reddy and REC Chairman Rajeev Sharma.
Union Power Minister M Veerappa Moily on Saturday said that he will soon meet Electricity Regulatory Commission chairmen in States to discuss measures to strengthen the distribution system and cutting the high Aggregate Transmission and Distribution (AT&D) losses.
The Planning Commission’s review for the 2012-13 first quarter of the progress in power, roads, railways, ports and airports reveal that Prime Minister Manmohan Singh’s infrastructure push has failed to achieve the expected result.
GMR Infrastructure Ltd has posted loss of Rs 67 crore for the first quarter ended June 30, widening its losses to Rs 94 crore. The company’s revenues grew 23% to Rs 2,562.40 crore.
Global energy conglomerate GE believes that power transmission system in India is quite robust compared to many other developed country, but a strong "political will" is required to reinforce discipline to avoid situations like the recent grid failure.
Tata Power Company has reported a 66% year-on-year fall in consolidated net profit in the quarter ended 30 June 2012 at Rs 146 crore, hit by high interest cost and foreign exchange loss.
Bihar energy minister Bijendra Prasad Yadav on Tuesday said that the state would be a power surplus state by 2016. He said that improvement in the state’s power scenario would be visible from 2013 itself.
Public sector hydro electricity major NHPC reported a 15.32% drop in profit at Rs 669.81 core for its first quarter ended June 30, 2012.
The steering committee of the Odisha government on small hydro power projects will meet today to take stock of the progress made with respect to small hydro power projects in the state.
Following a grid failure in July, the Central Electricity Authority (CEA) has been asked to augment clearances for 2,690 MW of hydro power projects, which are to be set up in Bhutan in joint venture (JV) with Indian companies.
The Government of Pakistan has decided not to file a lawsuit in the International Court of Arbitration (ICA) over the controversial 45MW Nimoo-Bazgo hydroelectric power project on River Indus in Leh. Pakistan had taken this decision during the secretary-level talks between India and Pakistan held in New Delhi on 5 July 2012.
Pakistan is mulling to import power from India to overcome its crippling energy shortfall that has affected industrial output and triggered violent protests in several cities.