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.

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