Moody’s: KEPCO’s results for the nine-months support credit quality

Moody’s Investors Service says that Korea Electric Power Corporation’s solid operating results for the first nine months of 2016 are within Moody’s expectations and support the company’s Aa2 issuer rating and the stable outlook. “KEPCO’s strong operating performance has led to a continued reduction of the company’s debt levels,” says Mic Kang, a Moody’s Vice […]

Crompton Greaves to complete global power T&D biz sale

Crompton Greaves said that this is further to communication dated May 9th, 2016, announcing the execution by the Company, along with its subsidiaries, CG International BV and CG International Holdings Singapore PTE Ltd, a Share Purchase Agreement (SPA) with Pauwels Spaco Limite (Buyer) – an SPV of First Reserve, for the sale of the Company’s […]

Gamesa bags five orders

Gamesa has secured five new orders for the supply of a total of 304 MW to several customers. Gamesa will supply, install and commission the turbines, as well as handling the operations and maintenance services at all of the facilities. Moreover, at four of the complexes, the company will take charge of construction. Gamesa will […]

APTEL upholds appeal of Reliance Power arm

The Appellate Tribunal for Electricity (APTEL) has upheld the principle of fuel cost pass-through in its judgment pronounced in an appeal filed by Vidarbha Industries Power Limited (VIPL), a subsidiary of Reliance Power Limited. VIPL had challenged order issued by Maharashtra Electricity Regulatory Commission (MERC) on June 20, 2016, which partially disallowed fuel costs for […]

L&T-MHPS Boilers signs Technology Licence agreement with MHPS Japan

L&T-MHPS Boilers Private Limited (LMB), a joint venture of Larsen & Toubro Limited (L&T) and Mitsubishi Hitachi Power Systems Limited (MHPS),Japan, has signed a Technology Licence Agreement for Selective Catalytic Reduction (SCR) systems with MHPS. The technology licensing agreement is for design, engineering, manufacture, installation,commissioning, and sale of new boilers under BTG, EPC or SG […]

NTPC to bring third edition of ‘Global Energy Technology Summit’

NTPC Ltd is bringing the Third edition of ‘Global Energy Technology Summit’ GETS 2016 with the Theme: “Redefining Power Generation Landscape – The ‘5R’ Way”: GETS 2016 Theme this year is line with the India’s Paris Ratification. GETS 2016 shall focus on these 5 R strategies of power generation. To give a thrust on Digital […]

Ujaas Energy bags 50 kWp solar power system order

Ujaas Energy Ltd has received an order for “Design, supply, installation, testing and commissioning of Grid Interactive SPV Based Solar Power System of 50 Kwp at main office building of RBI, Bhopal (M.P.).

India’s nuclear programme making rapid strides: Jitendra Singh

Union Minister of State (Independent Charge) for Development of North Eastern Region (DoNER), MoS PMO, Personnel, Public Grievances, Pensions, Atomic Energy and Space, Dr Jitendra Singh has said that India’s nuclear programme has made rapid strides in the last two years of the Government headed by Prime Minister Narendra Modi. Dr Jitendra Singh was interacting […]