Tata Power, India’s largest integrated power utility, announced crossing over 800 MUs from its Wind Power Projects in FY13. In the span of one year, the Company’s wind farms have generated 813 MUs as against 569 MUs in the previous year, recording an incremental generation of 43% in FY13. This growth is mainly attributed to...
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October 29, 2013
NTPC Q2 net profit at Rs24929mn...
NTPC Ltd has posted a net profit of Rs. 24929.00 mn for the quarter ended September 30, 2013 as compared to Rs. 31423.50 mn for the quarter ended September 30, 2012. Total Income has decreased from Rs. 171709.30 million for the quarter ended September 30, 2012 to Rs. 170594.10 mn for the quarter ended September 30, 2013. Source...
Challenges faced by wind industry...
There is a need to move to a more sustainable form of power generation for avoiding the adverse impacts of climate change, in line with the global target of keeping Global Mean Temperature rise below 2 degree C above pre-industrial levels, as agreed by the world leaders. If we are serious about securing out planet’s future...
In a first, NTPC to ship imported coal via waterways...
In a strategy aimed at cushioning the impact of expensive imported coal, power major NTPC Ltd is in final stages of launching an ambitious plan to move this coal from the high seas to its generating stations through inland waterways, starting with its Farakka plant in West Bengal. The very first consignment for Farakka — a ship...
NHPC revises its strategy, to focus on thermal projects...
The state-owned hydropower company NHPC Ltd has decided to also focus on developing thermal power plants in India in a move that will put it in direct competition with another state-owned company, NTPC Ltd. The main reason would seem to be the long-gestation period of hydropower projects as well as delays in clearances. With...
Sical Logistics wants to handle coal at Ennore port for TNEB...
Sical Logistics continues to explore opportunity to handle thermal coal at Ennore port as an alternative cargo for its iron ore terminal lying idle for nearly two years due to a ban on export of the ore. The company has invested Rs 475 crore on the terminal and spends Rs 4 crore a month to service the principal, interest and other...
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