China overinvestment in energy

China’s over investment in coal and renewables pose serious challenge

The power generation market in China is facing serious challenge due to over investment in new generation capacity – in both renewable and nonrenewable...
NTPC India power project

NTPC targets Capex of Rs 21,000 crore

Power producer NTPC proposes a revenue of Rs 98,000 crore from operations and 340 BU of electricity generation during the current fiscal. NTPC is targeting...

Powergrid commissions 800 kV transmission line in Chhattisgarh

Powegrid Corp on Friday started the commercial operation of its 800 kilovolt (kV) HVDC Champa-Kurukshetra Pole I project, the state-run electricity transmission company announced...
GE at weftec16

GE books $4.2 bn charge, restates earnings amid accounting concerns

General Electric announced it took a $4.24 billion equity charge and reduced earnings for the last two years by 30 cents a share, Reuters...

Moody’s upgrades India power sector outlook

A Moody's Investors Service-ICRA report on Thursday upgraded the outlook for the Indian power sector to "stable" over the next 12-18 months with a...
foresight group

Foresight acquires utility scale 10MW battery storage facility in Nevendon

Foresight Group, an independent infrastructure and private equity investment manager, announced the acquisition of Nevendon 10MW battery storage project from GRIDSERVE and Aura Power. The...

NTPC revenue up 11% to Rs 22,840 crore in Q1

NTPC reported 11.19 increase in revenue to Rs 22,839.98 crore, profit before tax of Rs 3,011.13 crore and profit after tax of Rs 2,588.14...
Mitsubishi Hitachi Power Systems

Mitsubishi Hitachi Power Systems supplies gas turbines to Entergy Louisiana

Mitsubishi Hitachi Power Systems (MHPS) announced that Entergy Louisiana has selected two MHPS M501GAC gas turbines for its 980 megawatt St. Charles Power Station. When...

Duke Energy to install microgrid project at National Guard facility in Indiana

Duke Energy announced it is planning to install battery storage equipment and solar panels that will operate as a microgrid at the Indiana National...

iSelect faces $8.5 mn penalty for false electricity comparison

Australia’s Federal Court has ordered iSelect to pay $8.5 million in penalty for making false or misleading representations about its electricity comparison service. iSelect misled...




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