Power

GE wins transformers and reactors order from Power Grid

GE Renewable Energy’s Grid Solutions business has secured orders to supply 765 kV transformers and reactors in India. GE will provide 13 units of 765...

Electricity demand to grow by 5% in 2021 and 4% in 2022: IEA

Global electricity demand is set to grow by close to 5 percent in 2021 and 4 percent in 2022 – driven by the economic...

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...