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TATA Power make intentions clear for renewable development

Tata Power Company Ltd has carved out a special purpose vehicle to build a robust renewables portfolio. The company plans to invest up to Rs 4,500 crore in the next three years in the SPV, said Rahul Shah, Chief-Business Development, India Business and Renewables of Tata Power. The special purpose vehicle Tata Power Renewable Energy Ltd may launch an initial public offer (IPO) or rope in an equity partner i ...

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Asia is to lead the way in smart grid spending for 2013, but how will it be deployed?

Utilities worldwide spent a total of $13.9 billion on smart-grid technologies in 2012, representing a 7% increase on spending in 2011, according to new research from Bloomberg New Energy Finance (BNEF). The market-research outfit expects spending to increase at a compound annual growth rate (CAGR) of 10.4% over the next five years to reach $25.2 billion in 2018. The forecast represents a downward adjustment ...

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Thailand to keep a close eye on LPG and NGV exploitation from Cambodian residents

Heavily subsidised prices for liquefied petroleum gas (LPG) and natural gas for vehicles (NGV) in Thailand draw dozens of cars daily from Cambodia to refill their tanks in this Thai border town. But complaints that too many Cambodians are getting a free ride, or rather a very cheap one, have led to authorities rationing gas to drivers from the neighbouring country. LPG, which accounts for most of the sales ...

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Malakoff Corporation take the plaudits for Tanjung Bin

Tanjung Bin Energy Sdn Bhd (TBE), a subsidiary of Malakoff Corporation Berhad (Malakoff/Company), has been awarded four prestigious industry awards namely, Project Finance International’s (PFI) Asia Pacific Best Project Bond of the Year 2012, The Asset’s AAA Best Project Finance Deal, Project Finance Magazine’s (PFM) Asia-Pacific Power Deal of the Year, and Asia Money’s Best Project Financing Award, for its ...

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Desalination Update; China is on Track to become largest producer

As the global population soars by about 74 million people a year, water shortages are becoming more severe. About 300 million people in rural China had no access to safe drinking water in 2005, according to the website of China’s Water Resources Ministry. At current rates of growth, the demand for water worldwide may exceed supplies by 40 percent by 2030, according to the World Bank-sponsored 2030 Water Res ...

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Transgrid are to move ahead with Xstrata transmission project

Transgrid are to move ahead with animportant transmission relocation for Xstrata’s Mangoola Coal mining project. Environmental consultant, Umwelt, has completed a detailed Environmental Assessment (EA) for the Project, which received approval from the Minister of Planning and infrastructure in July 2012. The Mangoola 500 kV Relocation Project will involve the relocation of an existing transmission line on X ...

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Saudi Electricity is going supercritical, but are oil fired power plants really a long term solution for the Kingdom?

Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for 4 sets of a 700 megawatt (MW) class supercritical pressure steam turbine and generator, plus supercritical boiler components, to be installed at a large-scale, heavy oil-fired power generation plant that will be built by Saudi Electricity Company (SEC), a state-owned power company in Saudi Arabia. The 2,800 MW class power plant, which is to b ...

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Alstom Bharat Forge JV wins order from NTPC for 1,980 MW plant in Bihar

Alstom Bharat Forge Power (ABFPL) have bagged an order worth Rs 2,251 crore from NTPC for supplying three supercritical turbine generator islands (TGI) for the state-run power producer's 1,980 MW coal-fired power project in Bihar. A 'turbine generator island' comprises turbine building and its installed components. The company, a joint-venture between Bharat Forge and Alstom Power Holdings, has received the ...

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Japanese ‘Smart Homes’ Land in New York

The new $13 million visual intercom system in Manhattan’s Stuyvesant Town, the largest in the world, connects 8,760 apartments through 178 entrances in 89 towers to each other, with a central command system, security and fire-alarm lines, and was delivered from Israel by way of Japan. The company behind the system, Elbex, was founded in Japan by an Israeli, David Elberbaum, in 1974 and has since grown into ...

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Welspun Energy to Commission Two New Solar Plants

Welspun Energy, country's renowned name in the solar sector will be successfully commissioning two more plants in the state of Rajasthan by the end of next week. The completion marks Welspun's efficiency, which has managed to complete its projects well ahead of schedule. The 15-megawatt and 20-megawatt projects in Jodhpur district were expected to be starting from 26 February. The company has already set up ...

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