Power Sector

North and South Korea’s Surprise Talks Encourages the US

The North and South Korea’s surprise talks over Pyongyang’s nuclear programme have encouraged the United States. On Saturday, both North and South Korea showed concern about the need of the six-party process to start again.

The six-nation talks have been aimed at persuading the North Korea to quit the nuclear programme to get the thoughtful and economic rewards. The countries like China, the United States, Japan, Russia North and South Korea have been involved in these talks.

BHEL Pockets Rs 3,220 Cr Contract For Thermal Power Project In WB

BHEL Pockets Rs 3,220 Cr Contract For Thermal Power Project In WBPower equipment manufacturer Bharat Heavy Electricals (BHEL) announced that it has pocketed a deal linked to a thermal power project in West Bengal.

The scope of the deal, which is valued at Rs 3,220 crore, is for delivery and induction of the main facility package for the Sagardighi Thermal Power Project phase-II in the state of West Bengal.

Kalpataru Power Receives Orders Worth Rs 6 Bln; Stock Surges 6.4%

Kalpataru PowerKalpataru Power Transmission Ltd declared that it has bagged three (3) orders valued at Rs 6 billion in India and Congo.

It has pocketed order from Democratic Republic of Congo for turnkey implementation of 400KV transmission line.

Two orders from PGCIL have been bagged for creation of 765 KV transmission line in two states including Orissa and Madhya Pradesh.

Coal India Net Surges 29% In H1

Coal India Net Surges 29%In H1

Coal India Ltd (CIL) registered an increase of 16.9% in its net sales, which stood at Rs 22,525 crore for the first six months of the existing financial year.

During the corresponding period of the last fiscal, CIL had net sales of Rs 19,269 crore.

Net profit during the period under review grew by 29% to Rs 4,020 crore as against the net profit of Rs 3,115 crore during the same period of 2009.

But, EBITDA margins during the same period declined 16.6% as compared to 12.17% registered during the same period of 2009.

Orient Green Power To Boost Total Capacity By 2013

Orient Green Power To Boost Total Capacity By 2013Orient Green Power Company Ltd is all set to lift up its installed capacity to 1,000 MW within and outside the country by the next three years (2013).

The Rs 276 crore-equity Orient Green would spend around Rs 40 billion to attain this objective.

At present, the company has an installed capacity of 193 MW.

Diamond Power Infra Pockets Orders Worth Rs 332 Cr