The talks between Japan and India to pursue a bilateral civil nuclear cooperation agreement is set to resume on Tuesday. Talks stalled due to the nuclear accident at the Fukushima Daiichi nuclear plant in 2011 that prompted the Japanese government to shut down 48 of its 50 nuclear power plants. India’s officials from the Ministry of External Affairs, Joint Secretary (East Asia) Gautam Bambawale and Joint Se ...

State-run NTPC is likely to bid for two ultra mega power projects (UMPPs) worth Rs 20,000 crore each in Odisha and Tamil Nadu, a top company executive said today. "We have been participating in UMPPs and will bid for such projects as and when they come," company's Chairman and Managing Director Arup Roy Choudhury told reporters today. The Power Finance Corporation (PFC) is expected to invite preliminary bid ...

Vietnam’s policy to purchase power at low prices and hold a controlling stake in state-owned power projects has discouraged many foreign investors in the power sector. Vu Van Hau, project manager of investment consulting firm Vietnam Invest Network said that the firm had since early this year worked with more than 20 power investors from France, Germany, the Netherlands, the UK, the US, Japan and South Kore ...

Bhutan is looking at attracting more foreign investments and greater private participation in expanding the country's hydro power sector. "We encourage private sector participation in the hydro power sector. We encourage Foreign Direct Investment (FDI)," Bhutan's Prime Minister Tshering Tobgay said here today, addressing industry chambers - CII, Ficci and Assocham. "For smaller projects, we will be encourag ...

Taiwan and China have agreed to provide fresh water from the southeastern Chinese city of Jinjiang to the Taiwan-held outlying county of Kinmen, to solve a looming water shortage that is expected to hurt the county's economic lifeline. The set of islands that make up Kinmen county is much closer to China than Taiwan proper. A delegation of water and county officials, led by county Deputy Magistrate Wu You-q ...

NGK Insulators Ltd. and a group led by Sumitomo Electric Industries Ltd. were picked for a project aimed at reducing the cost of storage systems that can help integrate clean energy onto the grid. Japan’s government will pay the companies as much as 75 percent of development costs, the Ministry of Economy, Trade and Industry said in a statement Aug. 29. The Sumitomo group and NGK will work separately on two ...

India's OPG Power and Infrastructure is ready to put in $10 million as equity partnership in the Hydroelectric Investment and Development Company Limited (HIDCL), a public investment company of Nepal. The government of Nepal has 80 percent equity in HIDCL and the remaining 20 percent has been set aside for the general public and others. The company is mobilising funds from domestic and international sources ...

Essar Energy is changing gears and wants to push the peddle on its laggard power business by roping in top talent from Reliance Power, Jindal Steel & Power, and GVK Power & Infrastructure, among others. It has appointed Sushil Maroo, who served as deputy managing director at JSPL and Jindal Power earlier, as its chief executive officer with effect from September 16. This is the fifth key appointment ...

Wood Group GTS has been awarded a one year contract worth $13 million by a power company in Myanmar to overhaul and upgrade three GE Frame 6B gas turbines in operation in the country's Yangon region. This is the first major contract win for Wood Group GTS in Myanmar.  The overhauls and upgrades are expected to improve the total output of the gas turbines and provide increased reliability to Myanmar's power ...

Reliance Power is on track to double its power generating capacity to 5,000 MW in the next 12 months despite very challenging times, Chairman Anil Ambani told shareholders at the company's annual general meet Tuesday. ""Inspite of all the challenges in the power sector, we are on our way to complete the Sasan ultra mega power project (UMPP). We are committed to be leaders in power and coal mining," Ambani s ...