Power

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...

Hartek Power signs new contract in Haryana

Hartek Power has bagged an order from the Haryana State Industrial and Infrastructure Development (HSIIDC) for executing a 132-KV substation project at Kundli and...

GE Power bags hydroelectric plant deal in China

ANDRITZ and Dongfang Electric Machinery has selected GE Power for its electrical solutions for the Fengning pumped-storage hydroelectric plant in the Hebei province in China. The...

General Electric to cut 1,200 jobs in Switzerland

General Electric will cut 1,200 jobs in Switzerland at its troubled power generation business, Reuters reported. GE had announced plans in December to cut as...

NTPC generates 265.80 billion units of power in fiscal 2017-18

NTPC, India’s largest power generator, has installed capacity of 53651 MW during fiscal 2017-18. NTPC generated 265.80 billion units of power during fiscal 2017-18 as against...

Siemens and GE power unit fights for growth as wind, solar gain

The multi-billion power unit of General Electric (GE) is fighting for growth as wind and solar industries are gaining in popularity. Vistra Energy and Dominion...

Sterlite Power plans $4 bn investment in energy projects in Brazil

Sterlite Power, which won orders to build power transmission lines in Brazil last year, is planning an investment of $4 billion in energy projects in Brazil by 2022. Sterlite Power’s strategy...

Itron signs deal with New Zealand’s NWL

Itron announced its contract with Network Waitaki (NWL) in New Zealand to deploy Itron’s Distribution Transformer Monitoring (DTM) solution. Itron did not reveal financial details...

Tata Power’s renewable energy business grew to 3,417MW

Tata Power announced that its renewable energy business grew to 3,417MW in fiscal 2017-18 as compared to 3,141MW previous year. The net profit from renewable...

NTPC targets 268 billion units of electricity generation

NTPC, India’s largest power generating company, is targeting at generating 268 billion units of electricity during fiscal 2018-19. NTPC is targeting revenue from operations of...