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REC tops power project borrowers in India
India has approved fund raising worth Rs 60,950 crore by companies through external commercial borrowing or foreign currency convertible bonds for infrastructure projects in the last two financial years.
REC tops power project borrowers in India
India has approved fund raising worth Rs 60,950 crore by companies through external commercial borrowing or foreign currency convertible bonds for infrastructure projects in the last two financial years.
Alcatel-Lucent and China’s SGIT to offer joint smart grid solutions
The two companies are teaming up to help utilities more effectively manage peak electricity demand, identify opportunities for power savings and cut down on energy usage.
GE’s new capacitor banks to improve power efficiency in Vietnam
The Fixed Series Compensation system delivers higher efficiency by increasing the capacity of the existing power line infrastructure.
Tohoku Electric restarts thermal power plant after replacing pipe
Tohoku Electric restarted the operation of its No. 2 power generator at its thermal plant in the city of Akita after replacing a cracked pipe connecting the boiler to the turbine.
Chubu Electric may get 100 B yen loan from JBIC
JBIC may extend a 100 billion yen to Chubu Electric Power Co. to help it procure fuel for thermal power generation.
Semirara Mining acquires loan for Filipino coal plant expansion
Semirara Mining will receive a PHP14bn ($329.27m) loan to finance the construction of two generating units next to its coal plant in Batangas in the Philippines. The project involves the construction of two coal-fired units of 150MW each, next to the 600MW coal-fired power plant. The project will be implemented by Semirara Mining's new subsidiary Southwest Luzon Power Generation. The syndicated term debt facility was arranged by BDO Capital and Investment, reports abs-cbnnews.com.
NHPC overshoots target plan for Teesta Low Dam-III HEP
NHPC exceeded the target for all power house works of the Teesta Low Dam-III hydroelectric project for the month of July 2011.
Vietnam saves 667.38 million kWh in first half
The energy saving results of Vietnam's power corporations in the first six months of 2011 reached 667.38 million kWh, 1.3% of commercial electricity.
Turbine Technology expands services in China
Turbine Technology Services Corporation is extending its global reach in Asia with the delivery of two TTS CMS-1000 portable combustion dynamics measurement systems for customers in Jinjiang, China.
Tie ups to allow Malaysian firms to tap India’s energy sector
With the Indian power sector projected to attract a total investment of US$300 billion or RM885 billion by 2017, Malaysian power companies are ideally placed to profit from the opportunities.
Suu Kyi appeals for dam project review on ecological grounds
Burma's pro-democracy leader Aung San Suu Kyi appealed for a review of the ongoing dam projects in Kachin State.
Lao consumers can pay electric bills at BCEL
The Bank Pour Le Commerce Exterieur Lao will now accept electric bill payments for Elecitricite du Lao.
Laos seeks new investors for 4 Saravan hydropower projects
Saravan provincial authorities will cancel four of nine planned small-scale hydropower plant projects due to lack of progress for almost 18 months after investors signed an MoU with the government.
Dam concreting for Nagarjuna Sagar HEP delays
APGENCO is struggling to resolve the contractual issue with dam contractor, Maytas-SNC JV, to avoid further delay in commissioning its 50 MW Nagarjuna Sagar hydroelectric project.
GE to supply custom-designed fixed series capacitor banks to Vietnam
Vietnam is now forecasting a 7.5% to 8% annual economic growth over the next five years.
AEG to supply electrical systems to Indian solar plants
AEG Power Solutions will provide complete balance of electrical systems for a 5MW solar power plant in Gujarath, India.
Ming Yang, China Three Gorges to jointly develop Guangdong offshore wind project
China Ming Yang Wind Power Group Limited signed a strategic cooperative agreement with China Three Gorges New Energy Corp. to foster closer cooperation in both domestic and international wind power development.