Power
ADB, Citi, HSBC, Prudential hatch plan for Asian coal-fired closures
Financial firms including British insurer Prudential, lenders Citi and HSBC and BlackRock Real Assets are devising plans to speed the closure of Asia’s coal-fired...
Power
Asia-Pacific T&D project tenders activity down 74% in Q2 2021
There were 91 T&D project tenders announced in the Asia-Pacific region in Q2 2021, marking a drop of 74 percent over the last four-quarter...
Power
NTPC to use Garuda Aerospace’s drones
Power generation major NTPC has decided to use Garuda Aerospace’s drones, among other things, to detect encroachments in its hydro power project areas, check...
Power
Torrent Power buys LREHL Renewables India SPV
Torrent Power has entered into a securities purchase agreement with Lightsource India and Lightsource Renewable Energy India for the acquisition of share capital and...
Power
NTPC revenue grows 11.5% to Rs 26,802 crore during April-June quarter
Power major NTPC said its revenue rose 11.58 percent to Rs 26,802.25 crore during the April-June quarter of 2021.
NTPC, India’s largest power generator with...
Power
Entergy plans 1,215 MW power plant in Texas
U.S. electric company Entergy announced it is planning to build a power plant in Texas capable of burning a combination of natural gas and hydrogen.
Entergy...
Power
GE wins transformers and reactors order from Power Grid
GE Renewable Energy’s Grid Solutions business has secured orders to supply 765 kV transformers and reactors in India.
GE will provide 13 units of 765...
Power
Electricity demand to grow by 5% in 2021 and 4% in 2022: IEA
Global electricity demand is set to grow by close to 5 percent in 2021 and 4 percent in 2022 – driven by the economic...
Power
Germany hikes forecast for electricity consumption in 2030
Germany has lifted its forecast for electricity consumption in 2030 by at least 9.3 percent, due to the roll-out of electric vehicles, tougher climate...
Power
NTPC invites EOI for selling fly ash in Middle East and other regions
NTPC, India’s largest power producer, has invited Expression of Interest (EOI) for the sale of fly ash from the designated ports of the Middle...