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Lockdown Delayed Execution of Under Construction Projects, Escalated Costs: Adani Transmission

Adani Transmission (ATL), an arm of the Adani Group, has said that the coronavirus-induced lockdown has delayed the execution of its under-construction projects due to non-availability of workforce and delay in getting multiple regulatory approvals led to cost escalation. The government had imposed a 21-day nationwide lockdown on March 25, 2020, in order to fight coronavirus pandemic, []

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Five of the Worlds Largest Offshore Wind Energy Farms

A list of five of the worlds largest offshore wind energy farms which are currently in operation, and a few upcoming projects that can disrupt these rankings. Offshore Wind Energy is a technology that just a decade ago was struggling to establish long term viability, even as Onshore wind energy was making giant strides.  There []

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Ircon Partners With NIIFL, Ayana to Explore Opportunities in Solar Energy

Ircon International has signed a pact with NIIFL and Ayana Renewable Power for exploring opportunities in the solar energy segment. Ircon International Limited, formerly Indian Railway Construction Limited, an engineering and construction organisation has announced that it has signed a pact with the National Investment and Infrastructure Fund Limited (NIIFL) and Ayana Renewable Power for exploring opportunities in the solar energy []

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Ravinder Singh Dhillon Assumes Charge as Chairman & MD, PFC

State-run Power Finance Corporation (PFC) on Monday announced the appointment of Ravinder Singh Dhillon as Chairman and Managing Director (CMD) on the board of PFC effective from June 1, 2020. R.S. Dhillon has been appointed following the superannuation of Rajiv Sharma as Chairman and Managing Director on the PFCs Board with effect from May 31, []

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Ajoy Choudhury Appointed as RECs New Director Finance

State-owned power sector lender REC Ltd said that Ajoy Choudhury has been appointed as Director (Finance) on the companys Board effective from today i.e. June 1, 2020. Prior to this, Choudhury was handling the post of Executive Director (Finance) REC Ltd. The state-owned lender notified through a regulatory filing that Ajoy Choudhury has been appointed as Director []

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NTPC Provides Learning Opportunities for 19k Staff, Family during Lockdown

With an aim to further enriching employee skills, countrys largest energy conglomerate NTPC on Monday said that it has offered learning opportunities to its more than 19,000 employees and their family members amidst the lockdown period. According to state-owned power giant, NTPC Learning and Development (L&D) strategy has been customised for enriching employees via intensive []

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PXIL Kicks Off Real Time Market Trade for Power Transaction in India

NSE and NCDEX promoted Power Exchange India Ltd (PXIL) has kick-started its first Real Time Market (RTM) trade in India for delivery of electricity effective from today i.e. June 01, 2020. The first trade was conducted by clients of Kreate Energy Pvt Ltd and PTC India Ltd on the PXILs platform, and the initial auction []

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WB Industrial Consumers Took Legal Action against Power Utilities on Fixed Charges

Industrial consumers in West Bengal (WB) has dragged power utilities in the state to court after their plea for relief on fixed charges among other demands in the lockdown was rejected. Moreover, nodal agency West Bengal Electricity Regulatory Commission (WBERC) had also paid no heed to their demands, when they approached the regulator, the high-tension []

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Siemens Gamesa Confirms Order for 496 MW Offshore Wind Plant

Siemens Gamesa has received the firm order for 62 of its 8 MW turbines for the 496 MW Bay of Saint Brieuc offshore wind power plant in France. Siemens Gamesa Renewable Energy has received the firm order from Ailes Marine, an affiliate of Iberdrola, for 62 SG 8.0-167 DD offshore wind turbines for 496 MW []

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