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 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 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 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 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 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...
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...
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 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 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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