Thursday 14 January 2016

Power Grid Corp investment for transmission projects and other top power news of the day

Round up of the major headlines that dominated the power sector, nationally and internationally.


Japanese energy companies and financial institutions are looking to invest heavily in India, Power Minister Piyush Goyal said in Tokyo.

State-run Power Grid Corp said it has approved a cumulative investment of Rs 2,510 crore for various transmission projects, including Rs 1,455.47 crore for strengthening its network in the Southern region.

Wind turbine maker Suzlon Group said it has bagged orders for 210 MW of solar projects from the Southern Power Distribution Company of Telangana, marking its foray into the sector.

Japanese two-wheeler major Yamaha has inaugurated a 4,000 KW solar power project at its facility in Surajpur, Uttar Pradesh. 

Competition Commission has approved the proposed acquisition of Jaiprakash Associates' five wind power plants by Suraksha Group entities.

Haryana's power distribution firms Uttar Haryana Bijli Vitran Nigam Ltd and Dakshin Haryana Bijli Vitran Nigam Ltd have made arrangements to produce 165 mw solar power during 2016-17 to help meet the state's target. 

The government will invite bids for 8-12 ultra mega power projects (UMPPs) with a total capacity of 48,000 MW in the next two years, Union Power Minister Piyush Goyal has said.

The three discoms - BSES Rajdhani, Yamuna and Tata Power Delhi - have taken their plea over surrendering of "costly" power to the Central Electricity Regulatory Commission (CERC).

Suzlon Group, the Pune-based maker of wind turbines and end-to-end EPC player in the wind energy space, announced its entry into the solar power space. 

State-run power equipment maker, BHEL said that it commissioned power generation capacity of 5,010 MW during the first three quarters of the fiscal, which is highest-ever done by the company.

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