Power

Coal inventory critical, India stares at power crisis this festive season

India may be staring at an acute power crisis this festive season with half of the country’s thermal power reducing generation, as coal inventories...

Linxon wins contract from National Grid for substation package in UK

National Grid has awarded Linxon the substation package relating to its London Power Tunnels 2 project in the United Kingdom. In Spring 2020, National Grid...

NTPC invites tender to set up project on hydrogen and natural gas

NTPC, India’s largest power generating company, has floated a global Expression of Interest (EoI) to set up a Pilot Project on hydrogen blending with...

BKV buys 758-MW power unit in Texas for $430 mn

U.S. shale producer BKV Corp is acquiring the 758-megawatt Temple, Texas, power facility from Temple Generation for $430 million. The deal comes as Texas tries...

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...

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...

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...

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...

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...

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...