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.

For the manufacture of critical components for thermal power plants, forgings major Bharat Forge Ltd (BFL) is proposing to form an energy joint venture with a Europe-based company of the Alstom Group.

Baba Kalyani, Chairman and Managing Director, BFL, described the move as a part of the company’s planned entry into the capital goods sector.

New Delhi, Nov 6: The Cabinet Committee on Economic Affairs (CCEA) today gave its approval for implementation of Pare Hydro Electric Project (110 MW) in Arunachal Pradesh by North Eastern Electric

Secunderabad-based GVK Power & Infrastructure has registered a net profit of Rs 30.47 crore for the second quarter ended September 30, a decline of 22.88 per cent from that in the corresponding period a year ago.

The company had posted a net profit of Rs 39.51 crore for the second quarter last fiscal.

While, the company’s net sales raised to Rs 109.49 crore for the quarter under review, against Rs 96.05 crore.

For the half year ended September 30, the company had a net profit of Rs 71.02 crore, against Rs 61.09 crore.

Public sector equipment maker Bharat Heavy Electricals (BHEL) has secured a contract worth Rs 1474 from the government controlled power generation company NTPC. 

Under the deal, BHEL will set up two 660 MW steam turbine generators for NTPC's Barh thermal power project in Bihar. 

BHEL’s scope of work includes design, engineering, manufacture, supply, erection and commissioning.

This is company's first commercial order with supercritical parameters through the International Competitive Bidding.