Tata Power Renewable Energy Ltd today said it has entered into a power purchase agreement (PPA) with GE to provide solar rooftop solutions for six manufacturing and services sites in India.
French manufacturing group Alstom said on Thursday it had signed an agreement with General Electric to exit three joint ventures in return for a payment of 2.594 billion euros ($3.08 billion).
GE Power India today said it has been awarded a contract worth Rs 309 crore by NTPC to install its FGD system at Phase-I (2X800 MW) of its Super Thermal Power Project (STPP) in Telangana.
Jeff Immelt, 61, who had served as the Chairman and CEO of the manufacturing giant GE since 2001, handed over the chief executive role to another company veteran John Flannery, but will continue as the Chairman till the end of this year.
“We win in markets, not conference rooms,” the message said. “Winning requires doing and not talking,” Jeff Immelt said in a letter to employees last week, which he also shared on LinkedIn.
Almost 140 years after GE founder Thomas Edison developed the first practical incandescent light bulb, GE is considering parting with its consumer lighting business
PTC Energy Ltd announced commissioning of five wind power projects with an aggregate capacity of 238.8 megawatts in Andhra Pradesh and Karnataka.
India’s civil nuclear liability law doesn’t seem to stop haunting its atomic sector, with US major GE expressing concern over the absence of a “sustainable regulatory environment” and seeking more “clarity” before entering into a partnership with the Indian side.
GE Energy made its second invetsment in the Indian renewable space by investing $31 million in Mytrah Energy (India) Private Limited.
General Electric Co reported a 5 per cent rise in quarterly profit on Friday, topping analysts’ estimates, but organic revenue fell 1 per cent, raising questions about the company’s full-year revenue target. Read Full Story…