Indian power sector at 'inflection point', says WEF report

Indian power sector at 'inflection point', says WEF report

India's power sector is at an inflection point and most of its electricity demand in the next two decades will be met by burning fossil fuels despite huge investments in renewables, WEF said Tuesday.

Punjab top state in terms of electricity coverage: Assocham

The northern state has also registered an improvement in terms of electricity coverage during 2001-2011, industry body Assocham said in a release Monday.

Time for consolidation in Indian power sector: Gautam Adani

A day after sealing Rs 6,000-crore deal to acquire 1,200-MW Udupi power plant, Adani Group Chairman Gautam Adani Thursday said it is time now for consolidation in the Indian power sector.

BHEL annual profit slides to Rs 3,228 crore

Bharat Heavy Electricals Ltd's net profit more than halved to Rs 3,228 crore in the previous financial year on account of low volumes and challenges in the domestic power sector.

World Bank to soon release Indian power sector review report

At a time when the country's power sector is facing tough times, the World Bank will soon come out with an elaborate sectoral review report listing out challenges as well as initiatives to improve current scenario.

India seeks US investments in power sector

India's Minister of State for Power Jyotiraditya Scindia sees great potential for US investments and co-operation in the Indian power sector.

'India power sector gaining ground in South Africa'

The Indian power sector is gaining ground in South Africa, where it hoping to secure at least five percent of global exports currently dominated by European exporters by 2020, said Sanjeev Sardana.

Indian power transmission system fairly robust: GE Energy

Global conglomerate GE has said that Indian power transmission system is quite robust compared to many developed nations, and a "political will" is needed to reinforce discipline to avoid situations like the recent grid failure.

80,000 MW power generation capacity under construction: Govt

For the 11th Five Year Plan (2007-12), a target of 78,775 MW was set which was revised to 62,000 MW during mid-term appraisal.

India to be world's 3rd largest energy consumer by 2020: Shinde

Power Minister Sushilkumar Shinde has said that India is projected to become the world's third-largest energy consumer by 2020 after the US and China.

GE bullish on India; plans low cost, clean energy solutions

Bullish on the Indian power sector, US conglomerate General Electric will look at offering low cost and clean energy solutions in the country.