Electricity Power Generation

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...
NTPC India power project

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...
NTPC power business

NTPC revenue increases 3.1% during last fiscal

NTPC reported that its revenue increased 3.1 percent to Rs 103,558 crore during the fiscal 2020-21. India’s largest power company has sold 251.7 billion units...
Wartsila energy storage system

Wartsila signs service contract for Delimara power plant in Malta

Wartsila has signed a five-year service renewal contract for the Delimara Power Plant 3 (D3) in Malta. The power plant owner is a consortium comprising...
GE Power China

GE Power wins deal from VERBUND’s pump storage power plant ReiBeck II+

GE Power Conversion has won a contract to equip the new pump storage power plant (PSPP) ReiBeck II+ of VERBUND - Austria's largest electricity...
GE Power China

GE wins 718 MW power plant maintenance deal in Bangladesh

GE will be providing maintenance services and digital solutions for the upcoming 718-megawatt (MW) combined cycle power plant at Meghnaghat, Narayanganj, Bangladesh owned by...
NTPC

Installed capacity of NTPC Group increased 6% to 65810 MW

NTPC, India's largest power generating company, recorded generation of 314 BU in FY 21, achieving growth of 8.2 percent compared to previous year. On a...
india electric grid

PFC and REC to reduce lending rates from April 1

India's state-run power sector finance companies, Power Finance Corporation (PFC) and Rural Electrification Corporation (REC), will reduce lending rates up to 2 percent from...
Adani Transmission CEO Anil Sardana

Adani Transmission buys WKTL from Essel for Rs 3,370 crore

Power transmission and retail distribution company Adani Transmission has agreed to buy Warora-Kurnool Transmission (WKTL) from Essel Infraprojects for an enterprise value of Rs...
POWER GRID

Power grid investment forecast by BNEF

At least $14 trillion needs to be invested in the power grid worldwide by 2050 to support an evolved power system, according to BloombergNEF's...

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