ABB has received a US$900m order from Power Grid Corporation of India Ltd. ABB will deliver an ultrahigh-voltage direct current (UHVDC) transmission system, which will supply hydropower from mountainous northeast India to the populous region of Agra in central India, 1700km away.
Asian Development Bank grants Reliance Power US$48m loan to enter solar energy market.
India’s power plants see coal supplies increasingly dwindle past the critical, leading to huge shortfall in meeting government power output targets.
GAIL (India) awards Suzlon Energy its fourth wind turbine contract with the new wind farm to help meet GAIL’s captive power requirement.
Despite an acute fuel shortage, Indian power producers are refusing to buy expensive coal, leaving coal importers to face big losses as stocks mount up to over 11Mt.
Ambuja Cements and Ultratech Cement are currently considering South African thermal coal to meet their fuel requirements.
Coal India expected to change pricing benchmark to bring it in line with other major coal producers and expand the product and price range of its output.
To combat the theft of around a quarter of its output, Coal India is to implement GPS tracking technology.
Mozambique granted Jindal Steel & Power approval to build a 2640MW coal-fired power plant.
Indonesian coal price hike pushes up costs for India’s power producers.
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