Power transmission equipment manufacturer KEC International has received an order worth Rs 636 crore from Egyptian Electricity Transmission Company.
It is the largest contract the company has ever got. The order will be funded through the European Investment Bank and the Egyptian National Bank.
In a statement, the company said that the scope of the order includes design, supply and construction of circuit lines in Egypt. The total length of the Egyptian transmission lines will be 196 kilometers and the order is to be finished in 24 months.
India is all set to avail optimum use of the civil nuclear cooperation agreements with Russia, France and United States. The country has already crossed the nuclear isolation era after necessary approvals from countries of nuclear supplier group. It can now import nuclear fuel and sophisticated technology from around the world for peaceful use of nuclear energy.
Country's largest power producer, National Thermal Power Corporation (NTPC) has informed that a MOU was signed on 01 December 2008 amongst NTPC, NHPC, Power Grid and DVC to form a joint venture company.
The JVC will be set up with equal equity participation an Online High Power Test Laboratory (OHPTL) for short circuit testing facility.
Presently, manufacturers and utilities are sending their equipments to overseas testing labs which is not only time consuming but expensive too.
The CESC has signed an MoU with SP Global Solutions (SPGS), a subsidiary of Singapore Power and a leading power utility for consultancy support.
Mr. Sanjiv Goenka, vice-chairman of CESC, after signing the agreement with Mr. Ong Boon Hwee, chief operating officer, Singapore Power and director of SP Global Solutions said, "At present, three of CESC's generating units rank among the top five units in India ........a recent analysis, carried out by Netherlands-based KEMA, who developed the System Average Interruption Duration Index, rated the power distribution system in Singapore as the most reliable in the world, which leads cities like Tokyo, Hong Kong, Seoul and Melbourne. It has the shortest power disruption in any city, at 1.14 minutes.”
National Thermal Power Corporation (NTPC) has announced that it is planning to diversify into cement manufacturing and considering a joint venture associate to build four units in different parts of the country.
NTPC produces around 95 million tons of fly ash from its various units annually.
Fly ash is an important raw material for cement business.
According to the sources, NTPC intends to become a 50,000 megawatt capacity conglomerate by fiscal 2012, with an investment of US$ 36 billion.