Power

GE cuts incentive to CEO after shareholder rebuke

General Electric (GE) announced a 67 percent cut in incentive grant this year to its CEO Larry Culp after shareholders last year rejected his...

GE reaffirms 2022 earnings forecast despite challenges

General Electric (GE) today reaffirmed its target of $5.5 – $6.5 billion in free cash flow for 2022 and more than $7 billion in...

NTPC generates 314.89 bn units of power

NTPC has recorded a generation of 314.89 billion units up to 18 February 2022, surpassing the maximum annual generation of 314 BU achieved in...

NTPC financial results for Dec quarter

NTPC, the largest power generator in India with an installed capacity of 67,757.42 MW, has posted power generation of 87.92 billion units (+14.88 percent)...

Electricity demand surged in 2021, pushing power prices: IEA

Electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record...

Itron to power intelligent street lighting solution in Belgium

Itron announced its partnership with EQUANS to bring smart city capabilities to cities in Belgium. Sibelga, distribution network operator in Brussels, will deploy Itron’s intelligent street lighting...

NTPC invites tender to import 2 million tonne of coal

State-run power generation company NTPC has invited tenders to import 2 million tonne (MT) of coal, the key fuel for thermal power. NTPC plants will use 1...

NTPC sources coal from Talabira Mines of NLC in Odisha

NTPC, India’s largest power generator, has started sourcing coal from Talabira Mines of NLC in Odisha. NTPC will source coal from Talabira mines to...

Are large data centers in Europe putting pressure on power?

Large data centers in the U.K., Germany, Ireland, Norway and the Netherlands are projected to draw 5.4GW (gigawatts) in power demand in 2030, up...

NTPC, EDF sign MoU to explore power project development

NTPC has signed a Memorandum of Understanding (MoU) with Electricite France (EDF), one of the world’s leading power sector companies, to explore power project...