Chubb announced the appointment of Titus Samuel as the new Head of Power and Utilities for Asia. He will be based in Singapore and will report to Mick Peacock, Head of Power and Energy for Asia Pacific.
India to accelerate $ 200 billion smart cities projects
When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.
Leaps and Bounds
Transmission and distribution (T&D) losses, Aggregate Transmission and Commercial losses (AT&C), quality of power and fluctuation in power supply are some of the major challenges faced by Indian power utilities. This is despite not overlooking the fact that in the last decade, the country witnessed sizeable improvement in quality of power, especially in urban and semi-urban areas.
Domestic price competitions affects product quality
India has a strong base of over 500 transformer industries with an overall capacity of 1,000 GVA per annum. The contribution for discoms/utilities is about 50 per cent while rest is catering to the export market.
ABB wins order to supply 1,600 transformers to INDIAN railways
ABB has won an order from Alstom to supply 1,600 traction transformers for 800 new electric freight locomotives in India. The new locomotives will expand the Indian Railways´ capacity, easing congestion on busy routes for both freight and passenger services.
Green thrust to boost revival
Gas-based power capacity addition in India has been hit badly owing to factors like - the cost of power, cost of transporting gas, and non-availability of gas. A decade back there were major initiatives by different stakeholders to put up gas-based power plants thinking that the fuel will be available in plenty from domestic production.
Clouds around coal
Coal plays an essential role in our global energy mix, particularly in India and the developing world through electricity generation. This fossil fuel has gained prominence due to its availability in abundance in the bowels of earth, lack of disastrous impact like nuclear plants do, and favourable economics it continues to enjoy in power generation
India´s transmission grid is smart, but discoms don´t math up
We are extremely strong in smart grid. It is something which is not understood, and therefore, you may have 100 definitions of smart grid. Indias transmission grid is the smartest in the world. This is the single largest synchronised grid of the world of 290,000 MW.
Avantha Group Company CG announced that KN Neelkant takes over as CEO and Managing Director of Crompton Greaves Limited (CGL), after Laurent Demortier stepped down from the roles, with effect from February 3, 2016.