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Alstom T&D India Post big profit!

Alstom T&D India on Friday posted a 70.68 per cent increase in net profit at Rs 35.52 crore for the quarter ended September, driven by improved execution efficiency. The power transmission major had reported a net profit of Rs 20.81 crore for the corresponding quarter last fiscal year, it said in a filing to the BSE. Net income from operations during the quarter under review improved 13.13 per cent to R ...

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NEC & Singapore EDB sign MOU

NEC Corporation and the Singapore Economic Development Board (EDB) announced the signing of a Memorandum of Understanding (MOU) to research and collaborate in areas that are essential to the realization of a safe, secure and efficient society, including cyber security, smart energy, healthcare, and the Internet of Things (IoT). The partnership aims to promote and drive economic growth in the industry throug ...

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Ilcos wind project 233 gwh annually

BURGOS, Ilocos Norte—Strong and steady winds blowing year-round in the northern tip of Luzon mainland have solidified the reputation of Ilocos Norte province as a major player in renewable energy production, especially with the commissioning of a 150-megawatt wind power plant in this town. The Burgos Wind Project (BWP), touted as the largest wind farm in Southeast Asia, has produced at least 9 gigawatt-hour ...

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KKR & Citec buy UEL for $1.5bn

US private equity firm KKR & Co and Chinese state-backed CITIC Ltd plan to buy Singapore water treatment company United Envirotech Ltd (UEL) for S$1.9 billion ($1.5 billion). The consortium, through its joint venture company CKM (Cayman) Company Ltd, has made a joint bid of S$1.65 a share in cash and a comparable offer for convertible bonds held by KKR in a transaction valuing the Singapore-listed compa ...

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Wind for regional grid in China

Employees of State Grid Anhui Electric Power Company examine ultra-high voltage power transmission and transformation equipment in Huainan, East China's Anhui Province in October. China plans to connect its grid network with neighboring Asian countries, part of the country's effort to increase the renewable energy supply and strengthen connectivity in the region, an executive with a State-owned power utilit ...

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Hydropower market to boom!

Figures from a new database on sustainable energy production indicate that global hydropower output is set to double on the back of a boom in dam building throughout the developing world. The study, led by Dr. Christiane Zarfl at the Leibniz-Institute of Freshwater Ecology and Inland Fisheries (IGB) in Berlin, found that rising demand for clean energy from renewable sources has prompted a surge in hydropowe ...

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Metering market to reach $26.8bn!

The 1.8 billion unit global electricity metering market is undergoing a shift from legacy to smart metering technologies. Higher value smart meters will boost the global market from its current $9bn annual size to $26.8bn per year by 2024, according to a new dataset published today by Northeast Group, LLC. "Smart meters – or advanced metering infrastructure (AMI) – will create a higher value market over the ...

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Siemens enhances SCADA system

Siemens has enhanced its Simatic WinCC Scada (supervisory control and data acquisition) system with the addition of the WinCC/SES (sequence execution system) option. Such an addition is ideally suited to plants for which dosing, mixing and material transport are important process steps, such as in the food and beverage industry. Thanks to the flexible sequential control, plant operators are able to define t ...

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$1 Billion Investment for LAOS Hydro

LAOTIAN hydropower company EDL-Generation plans to invest US$1 billion (Bt32 billion) between 2015 and 2020 to boost production capacity from 881 megawatts to 2,272MW. To raise Bt6.5 billion of that, EDL-Gen will issue debentures in Thailand's capital market next month. The debentures will have tenors of five to 10 years with interest rates of 5-5.5 per cent per annum, the company's deputy managing director ...

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EGCO buys stake in SEG Indonesia

Thailand's second-largest private power producer, Electricity Generating PCL, said it spent $215 million to buy a 20 percent indirect stake in Indonesia's Star Energy Geothermal Pte (SEG) as part of its regional expansion. SEG owns a 227 megawatt geothermal power plant located in Indonesia. It is also developing another two power plants and wants to expand the power generation business into Southeast Asia, ...

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