Installed Generation Capacity Sufficient to Meet Electricity Demand
The installed electricity generation capacity in the country was around 364,960 MW on October 31, which is sufficient to meet the electricity demand in the country. The gap between demand and supply of power up to October during the current fiscal in terms of energy and peak is less than 1 per cent, stated Raj Kumar Singh, Minister of Power and New & Renewable Energy.
Gujarat bags highest number of solar parks project
According to the Ministry of New and Renewable Energy, Gujarat, Rajasthan and Andhra Pradesh are emerging as the top destinations for large, utility scale solar projects in India. Based on the figures for Government of India’s Solar Parks and Ultra Mega Solar Power Projects scheme, Gujarat has bagged the highest number of approved projects.
The Stress Marks!
India's power sector is in a catch-22 situation. A sound analysis of the power sector affirms that the sector is in the ICU where 78,000 MW of projects are under stress; and approximately Rs 1,200 billion worth unviable projects and PPAs are signed for a mere 7,000 MW.
L&T, two others bag UP deal
Infrastructure major Larsen and Toubro (L&T), Genus Power and Allied Engineering have bagged a contract to supply 10 million pre-paid meters to Uttar Pradesh (UP) under the Saubhagya scheme, which aims to add more than 40 million households to the power grid by December this year.
T&D sits with Rs.30,000-crore refinancing opportunity
From the projects handled, we have developed a core team of project managers and sub-contractors who understand every facet of the activity from design, construction to commissioning and have established a methodology for speedy construction from which we are progressing in transmission work along with established distribution work.