Power

More delays in GE power plants a worry for Pakistan

More delays in GE power plants is a worry for Pakistan’s ruling party that is committed to end electricity outages ahead of a general...

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...

Praveer Sinha appointed CEO of Tata Power

India-based Tata Power announced the appointment of Praveer Sinha as chief executive officer and managing director to oversee the next phase of expansion of...

GE Power bags $47.5 million contract from NTPC

GE Power has won a $47.5 million contract from NTPC to install Flue Gas Desulphurisation (FGD) system at Phase-I (2X800 MW) of its Super...

NTPC updates on new power projects

NTPC plans to add 20,976 MW of additional power to its current installed capacity of 51,671 MW in the next seven years. The estimated investment...

Reliance bags Rs 3,647 crore EPC deal beating BHEL, L&T, Tata

Reliance Infrastructure has bagged a Rs 3,647 crore EPC contract from Tamil Nadu Generation and Distribution Corporation (TANGEDCO) for its Uppur Thermal power project. EPC...

Reuters: How General Electric gambled on fossil fuel power, and lost

General Electric (GE) tried to believe that natural gas, coal and even some nuclear power plants were the lowest-cost producers of electricity on the...

BHEL bags Rs 560 crore order from NTPC

State-owned power equipment major BHEL has bagged a Rs 560 crore order from NTPC for supplying and installing the flue gas desulphurisation (FGD) system...

Sterlite Power buys 28.4% stake in its transmission biz for Rs 1,010 crore

Sterlite Power has acquired the 28.4 percent stake in its transmission infrastructure business from Standard Chartered Private Equity (SCPE) for Rs 1,010 crore. Sterlite Power...

Quinbrook acquires 84 MW gas-fired power project in U.K.

Quinbrook Infrastructure Partners, a global investment manager specializing in lower carbon and renewable energy infrastructure, has acquired an 84 Megawatt (MW) gas-fired power project...