News
IOC-NPCIL JV's 1,400 MW maiden project to go on steam by FY17
The 1,400 MW nuclear power plant of NPCIL-Indian IOC Nuclear Power Corporation Limited, a joint venture between the two PSUs is expected to become commercially operational by 2016-17. Currently, the civil construction of the project is in progress. 8Indian Oil's board has approved 26% (Rs 961 crore) equity partnership for setting up the power plant in Rawatbhatta, Rajasthan. However, it is possible that IOC may acquire 49 percent stake in the proposed joint venture which will own the seventh and eighth unit of the Rajasthan plant of 700 MW each. 8The project is being set up at a total outlay of Rs 12,000 crore, to be financed in the debt-equity ratio of 70:30. 8Notably, the two state-run companies signed an MoU in November, 2009 and formed the JV company in April, 2011. The MoU covers setting up of nuclear power plants in the country for generation of electricity and any other area as mutually agreed upon.Worried Karnataka CM pleads PMO to help speed up coal linkage allocation for thermal projects
IOC-NPCIL JV's 1,400 MW maiden project to go on steam by FY17
The 1,400 MW nuclear power plant of NPCIL-Indian IOC Nuclear Power Corporation Limited, a joint venture between the two PSUs is expected to become commercially operational by 2016-17. Currently, the civil construction of the project is in progress. 8Indian Oil's board has approved 26% (Rs 961 crore) equity partnership for setting up the power plant in Rawatbhatta, Rajasthan. However, it is possible that IOC may acquire 49 percent stake in the proposed joint venture which will own the seventh and eighth unit of the Rajasthan plant of 700 MW each. 8The project is being set up at a total outlay of Rs 12,000 crore, to be financed in the debt-equity ratio of 70:30. 8Notably, the two state-run companies signed an MoU in November, 2009 and formed the JV company in April, 2011. The MoU covers setting up of nuclear power plants in the country for generation of electricity and any other area as mutually agreed upon.Worried Karnataka CM pleads PMO to help speed up coal linkage allocation for thermal projects
Huge Chinese solar project to come online this year
The project in the city of Zhangye in Gansu province will be a key contribution to China's renewable energy goals.
M&M eyes 100 MW from solar power projects in India in 2-3 years
Diversified business conglomerate Mahindra & Mahindra today said it is targeting to commission over 100 megawatts of solar power projects
Delta wind power centre to be completed by 2015
The 5000MW Mekong Delta Wind Power Centre in Bac Lieu city is set to be completed by 2015.
China Sunergy posts losses, sees increase in demand from emerging markets
China Sunergy reported a net loss, lower total revenues and lower shipments for the first quarter of this year.
Japanese, Korean firms get Vietnamese thermal power plant project
Toshiba Corp., Sojitz Corp. and Daelim Industrial will jointly build a thermal power plant in the northeastern province of Thai Binh.
National Grid Corp of the Philippines upgrades systems
NGCP spent close to P30 million to be able to expedite power restoration processes during actual emergencies.
Japanese banks extend largest wind power loan
Six of Japan’s largest banks place a huge vote of confidence in the profitability of wind power.
JinkoSolar to supply modules for 50MW solar project in China
JinkoSolar Holding will provide solar modules for a 50MW power project being built in China's Gansu province.
ABB wins $33 million order in India to strengthen power grid
ABB, the leading power and automation technology group, has won an order
Power cuts spark Myanmar's biggest protest in 5 yrs
Hundreds rallied for a second day in one of Myanmar's biggest cities on Monday to protest against chronic power
Major rise in solar cell sales in Japan
Leading Japanese solar cell makers report mixed results for the year ended March 31.
UN pleads for cleaner-energy future for Asia growth engine
At a United Nations forum in Singapore late last month, policymakers were told that Asia needs clean
Vietnam's hydroelectric projects in hot water
Hydroelectric power plant constructions in Vietnam are said to be disrupting the natural ecosystem, trigerring calls for its stoppage.
Japanese wind power balloons
Japan’s wind energy capacity now stands at 2.5GW, a fivefold increase over the past 10 years.
India's transmission sector surpasses April 2012 targets
India surpassed its target of 358 ckm new transmission lines for April 2012 by laying down 632 ckm.
Japan seeks LNG for its thermal power plants
Japanese firms are negotiating to buy a $4.4 billion stake in Australia's Wheatstone gas field as Japan shores up energy supplies.
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Co-hosted by industry leaders and supported by government officials, the Future Energy Asia Exhibition and Summit aims to accelerate the region's journey towards net-zero emissions.
