Power

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...

Linxon commissions 400 kV Gas Insulated Substation in Nepal

Linxon has commissioned the first 400 kV Gas Insulated Substation (GIS) at Dhalkebar, Nepal on behalf of the Nepal Electricity Authority (NEA). The operation of...

BHEL wins Rs 450 crore order for power plant from NALCO

BHEL has won an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation (NALCO). The order is for NALCO’s 5th...

Linxon wins order for National Grid Bicker Fen 400 kV substation

Linxon has won an order to deliver extension work for the National Grid Bicker Fen 400 kV substation to facilitate its connection with the Viking...

Electricity demand forecast to grow by 3% in 2021: IEA

Electricity demand is forecast to grow by around 3 percent in 2021, led by growth in China, India and other emerging economies, according to...