Power
Eaton Commits $500 mn Investment to Strengthen North American Operations Amid Surging Demand
Eaton, a leading intelligent power management company, has unveiled an impressive investment of $500 million aimed at bolstering its North American manufacturing and operations....
Power
NTPC Mining Emerges Victorious in Coal Block Auction, Enhancing India’s Energy Security
NTPC Mining (NML), a subsidiary of NTPC Limited, has achieved a significant triumph in the recent coal block auction organized by the Ministry of...
Power
Sterlite Power buys Fatehgarh III Beawar Transmission from PFC
Sterlite Power announced the acquisition of Fatehgarh III Beawar Transmission, a Special Purpose Vehicle (SPV) from PFC Consulting (PFCCL).
PFCCL is a subsidiary of Power Finance...
Power
NTPC Reports Strong Financial Performance for Q1 FY24
NTPC Ltd., the country’s largest power generator with a current group installed capacity of over 73 GW, announced its financial results for the first...
Power
Electricity demand growth to ease in 2023 amid energy crisis: IEA
The International Energy Agency (IEA) has released its latest Electricity Market Report, forecasting a moderation in worldwide electricity demand growth for 2023. The report...
Power
NTPC installed capacity reaches 73024 MW
NTPC Group, India’s leading integrated power producer, said its installed capacity has reached 73024 MW. This achievement comes in the backdrop of the commissioning...
Power
Mitsubishi wins EPC contract from Portocem Energia’s Brazil power plant
Portocem Energia has selected a new consortium including Mitsubishi Power Americas and engineering company CONSAG for the engineering, procurement, and construction (EPC) of the...
Power
EIA expects slight drop in demand for electricity this summer
The U.S. Energy Information Administration (EIA) expects that a slightly cooler summer in 2023 will lead to less demand for air conditioning than in...
Power
Mitsubishi Electric to build India plant for $231 mn
Japan’s Mitsubishi Electric will invest $231 million to set up a manufacturing facility in India.
Mitsubishi Electric India will employ 2004 people for this project...
Power
NTPC reaches installed capacity of 72,304 MW
NTPC Group announced it has an installed capacity of 72,304 MW. This achievement includes the recent addition of Unit-1, a 660 MW capacity, of...