From 15 August—Independence Day—onwards, the districts of Gurugram and Ambala in Haryana will have round-the-clock electricity.
The Government’s rural electrification drive has not improved the situation ‘appreciably’ as many households in electrified villages continue to live without power, a recent Niti Aayog report said.
GVK Energy Ltd has closed funding for its 540 MW coal-fired power project in Punjab, having raised Rs500 crore from Deutsche Bank in priority funding, according to two people directly aware of the development.
While grid extension is the main driver of rural electrification in India today and almost all Indian villages are now electrified, the reality at the habitation and household level is very different.
The Power Grid Corporation of India Limited is implementing a Rs 8,300-crore project jointly funded by the World Bank and Central Government to revamp the transmission and distribution network in the northeastern region.
Power equipment makers said introduction of the Goods and Services Tax ( GST) will bring them close to a “level playing field” with the Chinese, but the fundamental problems in the sector persists and lack of orders is bleeding these units.
Punjab government is planning to exhort farmers to install solar power run tubewell and supplement their income by sale of power.
A French firm, which is to build six atomic reactors at Jaitapur, has submitted a fresh plan to the NPCIL proposing to share a larger role in the engineering aspect of the project, a top executive of the company said.
The deal with regard to buying JSPL’s 1,000 MW power plant in Chhattisgarh is on track and is likely to close by June next year, JSW Energy has said.
Suzlon Energy has said its arm Suzlon Energia Eolica do Brasil Ltda (SEOB) has exited the Brazilian market.