The transmission project will increase power supply by 2,000-3,000 MW to the energy starved region and strengthen the transmission network. The financial closure was achieved by YES BANK by underwriting Project Finance Facility of Rs 800 Crores for a period of 15 years for the project.
Sterlite Power Transmission Limited (Sterlite Power) has achieved financial closure for its transmission Project that will increase electricity supply to residential, commercial and industrial establishments in parts of Haryana
NVVN is the only government company in the power sector engaged in the business of power trading. The power will be supplied through the Muzaffarpur-Dhalkebar transmission line.
India’s largest power generating company, NTPC Lt’d wholly owned arm—NTPC Vidyut Vyapar Nigam Limited (NVVN) has signed Power Purchase Agreement(PPA) with Nepal Electricity Authority (NEA) for supply of up to 160 MW power for the period January 2017 to May 2017.
Spanish infrastructure firm Abertis Infraestructuras SA has agreed to buy two operational toll road assets in south India from Macquarie Group Ltd for about Rs1,000 crore, said two people familiar with the development.
India’s inland waterways service is set to get a big boost with the Centre inking a deal with Infrastructure Architecture Lab of Massachusetts Institute of Technology for developing ferry services at 18 locations across six cities.
A diesel-electric multiple unit (DEMU) train between Peddapalli and Morthad is all set to chug on from December 29, indicating that long-awaited Peddapalli-Karimnagar-Nizamabad railway line is expected to be thrown open for commuter and goods trains in the near future.
In what would further encourage investments in renewable energy projects, the state government has exempted electricity duty of 40 paise per unit for rooftop solar and captive units.
The 15-storey Shivshakti Heights, located near the railway station, has got a 9.135 kilowatt (kW) peak power rooftop solar system installed, which lights the lifts and the building’s common areas. The building is home to 76 families.
The automated control systems for two nuclear power plants in Tamil Nadu’s Kudankulam will start arriving to India from Russia 2018 onwards, the Russian State Nuclear Corporation (Rosatom) said.
Assam Transport Minister Chandra Mohan Patowary on Thursday announced that the second bridge over Brahmaputra at Saraighat would be inaugurated by Union Transport Minister Nitin Gadkari on January 1, 2017
Power Grid Corporation of India Ltd., a state-run electricity transmission company, should sell stakes in its projects to unlock capital for future expansion, according to the nation’s power ministry.