India to firm up funds for AUSC thermal power project by March end, says power minister

The tie-up of funds for the demonstrative thermal power project with Advanced Ultra Super Critical (AUSC) technology is expected to be done by month-end, the Indian parliament was informed this week. The AUSC technology is designed to help power plants burn less coal for electricity production while reducing carbon dioxide (CO2) emissions. The sponsoring agency […]

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BHEL secures Rs 450 crore order for steam and power plant from NALCO

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State-run engineering firm BHEL said it has bagged an order worth Rs 450 crore for a steam and power plant from National Aluminium Corporation Limited (NALCO). The Rs 450 crore order has been placed on BHEL by NALCO for its 5th Stream Alumina Refinery Expansion Project at Damanjodi, Odisha, Bharat Heavy Electricals Limited (BHEL) said in a statement. BHEL’s […]

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India’s cabinet approves Rs 1,700 crore additional outlay for northeast power project

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The Cabinet Committee on Economic Affairs has approved the revised cost estimate of Rs 6,700 crore for the north eastern region power system improvement project (NERPSIP) which aims to augment power transmission and distribution systems in the area. The project was sanctioned by the government in December, 2014, with the initial cost estimate of Rs […]

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States to get loan from India’s agriculture infrastructure fund (AIF) for PM-Kusum scheme

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States in India now have the option to get funding at discounted interest rate through the Rs 1-lakh-crore Agriculture Infrastructure Fund (AIF) to implement the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-Kusum) scheme. The Kusum scheme aims to remove the use of diesel in irrigation and promote solar technology in the agriculture sector. […]

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