Kalpataru Power Transmission Limited (KPTL), a leading EPC player in power transmission and distribution, announced that it has pocketed three orders from Power Grid Corporation of India Limited (PGCIL) for 765 kv and 400 kv transmission line projects.
The fresh orders received by the company are valued at Rs 399 crore.
The scope of the orders includes supply and construction of transmission lines in Bihar, Chhatisgarh and Assam.
The company is required to execute the orders between 18 to 24 months.
With a view to fulfill its fuel requirement, country’s biggest thermal power generating company, NTPC has decided to import 12.5 million tons of coal in the next financial year (FY-09-10).
Speaking on the sidelines of a CII event here, VS Sampath, Power Secretary said, “We have set a coal import target of 35 million tons for power utilities in 2009-10 against the earlier planned 25 million tons.”
Power equipment manufacturer KEC International announced that it has bagged orders worth Rs 291 crore from Power Grid of India for setting up transmission lines in Madhya Pradesh and Assam.
The company said that the first order is for the supply and creation of 765 kv Satna-Bina line and another 400 kv line at Bina associated with ATS for the Sasan Ultra Mega Power Project in Madhya Pradesh.
The other project consists of two 400 kv and one 132 kv transmission lines between Balipara-Biswanath and Depota-Gohpur in Assam.
State-owned NHPC, a hydroelectric power generating company, revealed in a statement, that it would come out with its initial public offer, only after the market conditions improve.
Mr. SK Garg, Chairman and Managing Director of the company said, "IPO is on hold till market conditions stabilize."
Last year in October, the company has planned initial public offer (IPO) of 167 crore equity shares, which latter the company called off due to volatile market conditions.
The company has plans to raise funds for its future expansions and part finance the construction and development costs of certain of identified projects.
Rural Electrification Corporation (REC), the state-run lender to the power sector, has said its loan sanctions for the next fiscal beginning April 1 may be lower than the current financial year's projections due to slowing down of projects.
"We expect to sanction loans worth Rs 36,000 crore in the next fiscal, against the sanctioning target of Rs 40,000 crore in the current fiscal," REC's director (finance) H D Khunteta said on Wednesday.
Kalpataru Power Transmission Limited (KPTL), a leading EPC player in power transmission and distribution, announced that it has pocketed three orders from Power Grid Corporation of India Limited (PGCIL) for 765 kv and 400 kv transmission line projects.
With a view to fulfill its fuel requirement, country’s biggest thermal power generating company, NTPC has decided to import 12.5 million tons of coal in the next financial year (FY-09-10). 
Power equipment manufacturer KEC International announced that it has bagged orders worth Rs 291 crore from Power Grid of India for setting up transmission lines in Madhya Pradesh and Assam.
State-owned NHPC, a hydroelectric power generating company, revealed in a statement, that it would come out with its initial public offer, only after the market conditions improve.
Kalpataru Power Tran
Rural Electrification Corporation (REC), the state-run lender to the power sector, has said its loan sanctions for the next fiscal beginning April 1 may be lower than the current financial year's projections due to slowing down of projects.
