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Tariff extension for bagasse-based cogeneration plants in Maharashtra
- 2010-08-03 06:20:24
- David Flin
In Maharashtra state, India, the Maharashtra Electricity Regulatory Commission (MERC) has granted an extension to the tariff fixed for bagasse-based cogeneration projects up until March 2011.
Saudi Arabia needs $80 billion for power growth by 2018
- 2010-08-02 07:20:07
- David Flin
It has been reported that about $80 billion worth of investment is needed in Saudi Arabia by 2018 to meet rising power demands in the country.
Brazil’s Eletrobras to invest $500 million in USA
- 2010-07-30 06:43:43
- David Flin
Brazil’s state-controlled power company Eletrobras plans to invest up to $500 million in transmission projects in the USA starting in 2011, according to Eletrobras CEO Jose Antonio Muniz Lopez.
Ethiopia finishes construction of international interconnection links
- 2010-07-28 06:41:45
- David Flin
Ethiopia has announced the completion of construction of electricity transmission lines to enable the country to supply electricity to neighbouring countries.
US Senate abandons climate bill
- 2010-07-23 05:27:06
- David Flin
In the USA, Senate Democrats have abandoned plans to pass a broad energy bill this summer.
KEPCO to buy into Indonesian coal producer
- 2010-07-22 05:48:59
- David Flin
Korea Electric Power Corporation (KEPCO), South Korea’s state-run power company, said that it will buy a 20 per cent stake in PT Bayan Resources, Indonesia’s eighth-largest coal producer by output, for $515 million.
A smart grid for Europe
- 2010-07-15 06:13:48
- David Flin
The European Commission has launched a smart grids initiative, which is intended to upgrade and equip Europe’s electricity network by building intelligence into the existing passive delivery system.
Enel: “No decision” on selling Bulgarian stake
- 2010-07-12 05:45:38
- David Flin
Enel, Italy’s largest utility, has said that it has not yet reached a decision on selling its 73 per cent stake in Bulgaria’s Maritsa East Three coal-fired power plant.
Vietnam to have restructured power tariff
- 2010-07-10 05:39:30
- David Flin
The Vietnam Energy Association has said that the country’s power sector needs to charge consumers more and to rethink its pricing mechanisms in order to attract necessary investment. It estimates that the power sector needs an additional $80 billion of capital investment over the period 2010-15.
World Bank predicts further tariff rise in Pakistan
- 2010-07-09 17:17:57
- David Flin
The World Bank has forecast further rises in the power tariff in Pakistan to bridge the gap between the cost of producing electricity and the revenue earned from consumers.
