Power Grid Corporation of India Limited (POWERGRID), a ‘Maharatna’ Company under Ministry of Power, GoI and the ‘Central Transmission Utility (CTU)’ of the country, has posted a Profit After Tax of ₹2,048 crore and Total Income of ₹9,817 crore on consolidated basis for Q1FY21. On standalone basis, the Company posted Profit After Tax and Total Income of ₹1,979 crore and ...
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NTPC Group achieves over 100 BUs of cumulative generation in the current financial year
According to a statement issued by NTPC Ltd., NTPC Group has achieved over 100 Billion Units (BUs) of cumulative generation in the current financial year, reinforcing group’s commitment towards excellence in operation across its plants. As per the data published by Central Electricity Authority (CEA), NTPC Korba (2600 MW) in Chattisgarh has emerged as the top performing thermal power ...
Read More »CCI approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL)
The Competition Commission of India (CCI) approves proposed acquisition of 49% of the total equity share capital of Odisha Power Generation Corporation Limited (OPGC) by Adani Power Limited (APL). The proposed transaction relates to the acquisition of 49% of the total equity share capital of OPGC by APL (Proposed Combination). APL, is a public listed company and its shares are ...
Read More »NTPC achieves highest daily gross generation of 977.07 MU
As per a statement by NTPC Ltd., a PSU under Ministry of Power and Country’s largest power generation company, it has achieved highest daily gross generation of 977.07 Million Unit (MU) on 28th July, 2020. NTPC total generation includes power generated from its Subsidiary and JV companies.NTPC stated that five of its power stations Korba, Sipat & Lara in Chhattisgarh, ...
Read More »PFC signs agreement with IIT- Kanpur for Training, Research, and Entrepreneurship Development in Smart Grid Technology
Power Finance Corporation (PFC), a PSU under Ministry of Power and country’s leading NBFC, signed a MoA with Indian Institute of Technology- Kanpur (IIT-K) for Training, Research, and Entrepreneurship Development in Smart Grid Technology. Under the MoA, PFC will provide financial assistance of Rs. 2,38,97,000/- (Rupees Two Crore Thirty Eight Lakhs and Ninety Seven Thousand only) to IIT-K under its ...
Read More »Union Power Minister dedicates 3 wind projects with 800 MW capacity to the nation
Shri Raj Kumar Singh, Honourable Minister of State (Independent Charge) for Power and New & Renewable Energy (MNRE), Government of India, today in a virtual ceremony, dedicated Sembcorp’s state of the art SECI 1, 2 and 3 projects to the nation. Shri Bhanu Pratap Yadav, Joint Secretary, MNRE, along with several other dignitaries joined Wong Kim Yin, Group President and ...
Read More »Decline in Arctic sea ice does not sound good for the environment, warns NCPOR
TheNationalCentreofPolarandOceanResearch(NCPOR) has foundadramaticdeclinein the Arcticseaice due to globalwarming.Thedeclineofseaicehasledtolocalized increase in evaporation, air humidity, cloud cover, and rainfall. Arctic sea ice is a sensitive indicator of climate change and has strong retaliatory effects on other components of the climatesystem. In its observations, NCPOR has noted that the largest decline in Arctic sea ice in the past 41 years happened in July ...
Read More »Government to bring out new Industrial Policy-Capt. D. S. Mishra
“The covid – 19 Outbreak has taught us a lot of things but still it is a pandemic. No. of people getting affected by it is increasing day by day but Odisha Government is taking all necessary actions to contain this pandemic & for safety of our people also towards the stability of our economy” assured here by Shri Dibya ...
Read More »Union Power Ministry advises States/UTs to allow construction activities in the power projects outside Municipal limitsduring nation-wide lockdown for COVID-19 outbreak after observing health protocols
Union Power Ministry has advised the State/UT administrations to allow construction activities in the power projects outside Municipal limits during nation-wide lockdown for COVID-19 outbreak as per the guidelines issued Union Ministry of Home Affairs on 15.04.2020. These activities may be permitted after observing necessary health protocols to curb COVID-19. In a communication to States/UTs, DMs, Police Authorities, Municipal Bodies ...
Read More »Power Ministry floats draft Electricity Act; invites suggestions within 21 days
Supply of quality power at affordable prices is essential for sustained growth of the economy of the country. For further development of the power sector, Ministry of Power has issued draft proposal for amendment of Electricity Act, 2003 in the form of draft Electricity Act (Amendment) Bill, 2020 for comments / suggestions from Stakeholders on 17th April 2020. Comments / observations ...
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