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ADB, India Ink $451 Million Loan to Strengthen TN Power Connectivity
Web Exclusive
  Nov 29, 2019

ADB, India Ink $451 Million Loan to Strengthen TN Power Connectivity

Govt of India and Asian Development Bank (ADB) have signed a $451 million loan to strengthen power connectivity between the southern and northern parts of the Chennai-Kanyakumari Industrial Corridor (CKIC), which is part of the East Coast Economic Corridor (ECEC), in Tamil Nadu on Thursday. ADB is the lead partner for developing ECEC.

Web Exclusive
  Feb 25, 2019

ReNew Power secures additional $350 million OPIC debt funding

ReNew Power, has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US Government’s development finance institution.

Web Exclusive
  Feb 01, 2019

Siemens Gamesa will supply 567 MW to ReNew Power

Siemens Gamesa Renewable Energy has secured a new order in India from ReNew Power, India’s largest renewable energy Independent Power Producer (IPP).

GE to digitise Tata Power’s thermal and renewable fleet in India
Web Exclusive
  Jan 28, 2019

GE to digitise Tata Power’s thermal and renewable fleet in India

GE has implemented the first Predix Asset Performance Management (APM) solution in India for Tata Power’s thermal business.

NTPC issues 190 MW solar-wind hybrid tender
Web Exclusive
  Nov 05, 2018

NTPC issues 190 MW solar-wind hybrid tender

India’s largest power generation company NTPC, that successfully auctioned 1.2 GW of capacity in its first wind energy tender recently, is now making its mark in the solar-wind hybrid.

Coal shortage at Mettur’s 600 MW unit
Web Exclusive
  Oct 30, 2018

Coal shortage at Mettur’s 600 MW unit

One of the thermal units at Mettur generating 600 MW has been shut down as the coal scheduled to arrive from West Bengal and Odisha has been delayed due to the floods in the mines. Currently, the plan is to manage it with wind power and open market purchase as stopping a unit is just a precautionary measure, informs Vikram Kapur, Chairman, Tangedco

Coal shortage causes power cuts in Tamil Nadu
Web Exclusive
  Oct 29, 2018

Coal shortage causes power cuts in Tamil Nadu

Due to a shortage of coal stocks, the state power utility switched off two plants near Chennai. This has resulted in a power shortage of 1,410 MW.

Web Exclusive
  Oct 29, 2018

Spot power price hits high of Rs 12.95 a unit

Due to the festive demand and increase in dry weather consumption, the electricity price rose to a record of Rs 12.95 per unit, while its peak hour price soared to Rs 8.78 a unit in spot market.

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