Worley increases stake in TW Power Services
Worley has increased its stake in TW Power Services to 100 percent by buying Ferrovial’s 50 percent shareholding.
The move boosts Worley’s operations and maintenance (O&M) provision...
Investment of $128 bn in mini-grids can solve electricity crunch
A BloombergNEF (BNEF) report estimates mini-grids can assist 238 million households that will need to gain electricity access in Sub-Saharan Africa, Asia and island...
Linxon wins $80 mn order in Iraq for GIS substations
Linxon has won an order of around $80 million to the Ministry of Electricity in Iraq for delivery of four turnkey 132/33 kV GIS...
EESL and GAIL sign MoU for Trigeneration projects
GAIL India and Energy Efficiency Services (EESL) has signed a Memorandum of Understanding (MoU) for cooperation in development of Trigeneration projects in India.
GAIL and...
GE Power resumes production at Noida facility
GE Power India on Tuesday said it has resumed production at its facility in Noida, Uttar Pradesh. Earlier on May 2, the company had resumed...
GE power business cut 700 jobs in first quarter
General Electric (GE) said on Wednesday it had cut 700 jobs in its power division in the first quarter of 2020.
GE said it was...
COVID-19 impacts GE power business
General Electric’s power business is facing crisis in the wake of quarantines and lockdowns at U.S. power plants, Reuters reported.
Several major U.S. utilities with...
NTPC rejects GE and other foreign firms from $2 bn order
Top Indian electricity generator NTPC has rejected the emissions-cutting technology of GE and other foreign firms for its coal-fired plants, documents show, shutting them...
GE upgrades gas turbines at Songas plant in Tanzania
GE and Songas announced they completed upgrades to the GE fleet of three LM6000PA and one LM6000PC gas turbines in Tanzania.
These technology upgrades --...
NTPC achieves 7% growth in revenue in June quarter
NTPC, the largest power generator, has posted revenue of Rs 24,518 crore (+7 percent) and net profit of Rs 2,602 crore (+0.6 percent) during...
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