Power
Electricity demand growth to ease in 2023 amid energy crisis: IEA
The International Energy Agency (IEA) has released its latest Electricity Market Report, forecasting a moderation in worldwide electricity demand growth for 2023. The report...
Power
NTPC installed capacity reaches 73024 MW
NTPC Group, India’s leading integrated power producer, said its installed capacity has reached 73024 MW. This achievement comes in the backdrop of the commissioning...
Power
Mitsubishi wins EPC contract from Portocem Energia’s Brazil power plant
Portocem Energia has selected a new consortium including Mitsubishi Power Americas and engineering company CONSAG for the engineering, procurement, and construction (EPC) of the...
Power
EIA expects slight drop in demand for electricity this summer
The U.S. Energy Information Administration (EIA) expects that a slightly cooler summer in 2023 will lead to less demand for air conditioning than in...
Power
Mitsubishi Electric to build India plant for $231 mn
Japan’s Mitsubishi Electric will invest $231 million to set up a manufacturing facility in India.
Mitsubishi Electric India will employ 2004 people for this project...
Power
NTPC reaches installed capacity of 72,304 MW
NTPC Group announced it has an installed capacity of 72,304 MW. This achievement includes the recent addition of Unit-1, a 660 MW capacity, of...
Power
Eaton buys 49% stake in Jiangsu Ryan Electrical
Eaton has completed the acquisition of a 49 percent stake in Jiangsu Ryan Electrical, a manufacturer of power distribution and sub-transmission transformers in China...
Power
World Bank suggests phasing down of coal-fired power generation
Energy transition in developing countries will require an unprecedented transformation of the power sector infrastructure, with scaling up of energy efficiency and renewable energy...
Power
Sterling and Wilson wins rural electrification orders worth INR 1,080 crore
Sterling and Wilson, a Shapoorji Pallonji Group company, has won three new Rural Electrification orders aggregating to ~ INR 1,080 crore.
The Rural Electrification orders...
Power
India’s power consumption up 9.5% to 1,503.65 bn units
India’s power consumption in fiscal 2022-23 rose 9.5 percent to 1,503.65 billion units (BU) on year-on-year basis, mainly due to growth in the economic...