News

Reliance Power Limited has placed an order for 30,000 megawatt capacity of boiler, turbine, generator packages with theShanghai Electric Group Company. It will be used for its coal based power plants. Reliance Power and SEC have signed memorandum of understanding to cover the financing with leading Chinese Banks such as Bank of China, China Development Bank, the Export-Import Bank of China and Industrial and Commercial Bank of China. The agreement with the Chinese banks allows Reliance Power to get financing for importing Chinese equipment for up to $12 billion.

Reliance Power will borrow US$5 billion with the Export-Import Bank to  finance its 900-MW of renewable technologies. These include solar and wind energies as well as up to 8,000 MW of gas-based power-generation technology.

A hydropower project in Nepal is being eyed by three Indian companies and a joint venture and three Chinese companies.

The first 500 MW unit of Indira Gandhi Super Thermal Power Project at Jhajjar has been commissioned after achieving full load.

NTPC and the electricity supply companies of Karnataka have signed power purchase agreement for the 4,000 MW Kudgi plant.

Japan’s Premier Naoto Kan affirmed his country’s commitment to meet all of Vietnam’s requirements in   implementaing its nuclear power project. This includes providing preferential loans, technology transfer, human resource training, cooperation in waste treatment and ensuring a stable supply of materials during the project’s life-time.

The Nam Lik 1-2 hydropower project in Laos successfully reached the planned water level of EL.305m recently.

The first-stage of Jiuquan wind energy base, China's biggest wind farm project,  has been completed. It is located in the desert area near Jiuquan city, northwest China's Gansu province, which has abundant wind resources. 

Alstom inaugurated its new hydropower manufacturing facility at Tianjin in China. The new site is to be named Alstom Hydro China Co. Ltd. or AHC and will, over time, fully replace Alstom’s original factory in China, Tianjin Alstom Hydro or TAH.

ADB is hopeful that Asia can get US$ 10 trillion to finance sustainable energy projects over the next 20 years.

A US$8.2 billion offshore demonstration wind project will be built by South Korea in the Yellow Sea.

The Upper Kotmale tunnel will carry water from Kotmale River to the power station which is slated to add 150 MW of electricity annually to the National Grid.

CEB will soon commence construction on the Broadland hydropower complex in the Nuwara Eliya district.

ABB will supply three new substations for Maharashtra Eastern Grid Power Transmission Company Limited. The order worth US$40 million from PMC Project Private Limited  was booked in the third quarter.

Macao SAR and Companhia de Electricidade de Macau have signed the Power Supply Contract Extension for 15 years. This significant event reaffirms the long and successful cooperation between the Macao SAR and CEM for the benefit of the Macao community.

The containment vessel bottom head of NI, Unit 2 of Shandong Haiyang NPP was successfully put in place. It paves the way for the NI construction peak of Haiyang Unit 2.