India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.
New mines to boost Coal Handling
Coal contributes to 70 per cent of India´s power generation, but the sector still needs to quadruple by 2031 by adding at least 600 GW of coal-based generation capacity to meet future energy demand.
KEC aims at 15% growth in order book for FY16
KEC International bagged orders worth Rs 1,565 crore in its transmission and distribution, and cables businesses and will start execution of the new orders immediately.
We will be targeting customers from ME region
The current market scenario for power is quite robust for the next few years as the demand for power will increase, so it will for the power backup industry. As this is a growing economy and the same will reflect in the demand for power.
BHEL wins Rs.220 crore order for ESP package
Bharat Heavy Electricals Limited (BHEL) has said that it had won a Rs 220 crore contract for the supply and installation of the electrostatic precipitator (ESP) package for the 2x800 MW Darlipali Supercritical Thermal Power Project (STPP) in Odisha.
Govt wooing global oil giants to invest in India
Petroleum and natural gas minister Dharmendra Pradhan wants to make India a refining and petrochemicals hub and is wooing international energy majors such as Saudi Aramco and Sabic to invest in India´s refining and petrochemicals sector
Required, Rs.1 lakh cr power equipment!
Yes, you heard it right. With the government on an awarding spree and banks lining up to fund new projects worth more than Rs 2 lakh crore, equipment procurement by independent power producers is likely to gain pace by at least 10 per cent from the current level of 6 per cent in next two year.
We expect a lot of consolidation
The growth in the BoP sector in the immediate future will remain calibrated, says Rakesh Amol, President - Infrastructure Business, KEC International Ltd.
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