A joint venture of India’s state-run NTPC (formerly known as National Thermal Power Corporation) has decided to cut power supply to the three states of Tamil Nadu, Karnataka, and Telangana from its Vallure thermal station over non-payment of dues of around $250 million.
Tokyo Electric Power Co (Tepco) and Toshiba are working together to manage power grids in Cambodia, hoping to secure a new earnings source as the utility grapples with the clean-up costs of Fukushima.
Kolkata-based India Power Corporation Ltd (IPCL), a Srei group company, has announced that it plans to acquire stressed assets in the power sector to double its generation business.
Siemens has been contracted by German public utility Stadtwerke Schwäbisch Hall to deliver and install a 1.4 MWh battery storage system to be used to market primary control reserves.
GE and Harbin Electric International (HEI) have achieved first fire and synchronisation of the second 385 MW GE 9HA gas turbine installed at the Bhikki Power Plant in Pakistan.
Toshiba has warned that it is facing annual losses of over £7 billion, and the future of the company is in doubt as a result of financial difficulties at its nuclear power plant construction business.
The US Senate is in the process of developing a law to create an on-line portal that would fast-track putting up new power generation facilities.
According to recent reports, South Africa’s tender for the $72 billion expansion of its nuclear power plants will begin in June, when state utility Eskom requests proposals from companies bidding for the project.
The US Energy Information Administration (EIA) has said that 13 GW of natural gas-fired generating capacity is due to come online in the USA during 2017.
Mitsubishi Power Systems, a wholly owned subsidiary of Mitsubishi, and Kansai Electric Power Co (KEPCO) have established a new joint venture.