Emerges as highest bidder for power distribution in Agra

After successfully undertaking power distribution in Maharashtra, Ahmedabad-based Torrent Power will expand in Uttar Pradesh. The company has emerged as the highest bidder for power distribution in Agra, after winning the bid for Kanpur. The financial as well as technical bids were opened on Wednesday. Though UP Power Corporation Ltd (UPPCL) is still to announce the winner, sources said that the company has proposed rate of Rs1.95 per unit, 10 paise higher than Reliance and 12 paise higher than Jamshedpur Utilities abd Services Company Ltd (JUSCO).

KEC International, one of the largest Power Transmission EPC companies in the world, has secured two orders worth Rs 227 crore from Power Grid Corporation for supplying power transmission equipment.

In a disclosure to the Bombay Stock Exchange, the maker of power equipment said that it has received two 765 kV S/c projects in Madhya Pradesh and Maharashtra and in Punjab and Haryana from PGCIL.

Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals (BHEL) has informed that it has secured an order worth Rs 3,150-crore contract from the Madhya Pradesh Power Generating Company for installing main plant package (steam turbines and generators).

It should be noted that this is the first order secured by BHEL for the new-rating units of 600 MW.

Country's largest power generation and other heavy equipment maker, Bharat Heavy Electricals has paid an interim dividend of Rs 298 crore to the Central Government for its financial performance during 2008-09.

On account of the equity participation of 67.72 per cent in the corporation, a dividend cheque for Rs 298 crore was presented to Union Minister for Heavy Industries and Public Enterprises Sontosh Mohan Dev by BHEL Chairman and Managing Director K Ravi Kumar.

It has recently come to vision that investment of Rs 450 crore would be made by Areva Transmission & Distribution India in calendar 2009 in order to increase equipment-making capacity at its three new plants as also existing ones. The company may make further investments, if required.

On Friday, it was stated by Rathin Basu, managing director at Areva T&D India that the construction and commissioning of the three greenfield manufacturing sites is going as planned.

KEC International, a leader in the power transmission and distribution EPC business, announced that it has bagged orders worth Rs 365-crore from various government bodies for electrification of villages in West Bengal and Bihar.

The firm received the first order worth Rs 2.55 billion from West Bengal State Electricity Distribution Company for electrification of 3,340 villages that is scheduled to be completed by August 2010.

The second order valued at Rs 670 million was from Power Grid Corp Ltd in Bihar. The project is scheduled to be completed by July 2010.