Tue, Oct

In a press conference held in Dubai, HE Saeed Mohammed Al Tayer, MD & CEO of Dubai Electricity and Water Authority (DEWA), announced details of the 20th Water, Energy, Technology, and Environment Exhibition (WETEX 2018) and the 3rd Dubai Solar Show. DEWA organises the two exhibitions at the Dubai International Convention and Exhibition Centre from 23 to 25 October 2018. WETEX 2018, under the theme ‘At the forefront of sustainability,’ will be the biggest in the exhibition’s history, covering 78,413 square metres. It will host 2,100 exhibitors from 53 countries.


This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20181015005457/en/

DEWA organises 20th WETEX & 3rd Dubai Solar Show from 23-25 October 2018 (Photo: AETOSWire)

DEWA organises 20th WETEX & 3rd Dubai Solar Show from 23-25 October 2018 (Photo: AETOSWire)

WETEX is the largest of its kind in the region and one of the biggest specialised exhibitions in the world. It has become an annual event for regional and international companies in the energy, water, clean energy, environment, oil, gas, green development, and related sectors, to showcase their solutions and products and discuss best practices, and latest technologies and innovation.


WETEX and the Dubai Solar Show provide companies with the opportunity to promote their products and services and meet officials and investors from around the world to make deals and establish partnerships. Exhibitors and visitors can explore the latest technologies in these vital sectors, as well as identify market needs and key current and future projects in the region, especially in light of the increasing adoption of clean and renewable energy in the UAE and the region.


Visitors can also benefit from the busy agenda of seminars, session, workshops and specialised events that host experts and specialists from around the world to discuss the development and adoption of solar energy in the region to achieve the sustainable development. A number of environmental activities and community activities to raise awareness on the importance of conserving energy, and promoting sustainable development and green economy also form part of the event.


Registration to visit WETEX and the Dubai Solar Show is free on www.wetex.ae.


*Source: AETOSWire




Read more: DEWA Organises 20th WETEX & 3rd Dubai Solar Show...

Sterling and Wilson, World’s leading solar EPC company, has announced its plans to enter Kazakhstan. The company is targeting EPC for Solar PV projects of capacity 200 MW in Kazakhstan till 2020. The country is expected to receive bids for 180 MW of Solar PV in the month of October. This is part of the series of tenders announced by Kazakhstan government in the beginning of the year.
Kazakhstan is aiming at reducing its dependency on fossil fuel power generation to alternative energy. The country is working towards increasing the share of renewable energy in electric power generation to 3% by the year 2020 and to 10% by 2030.
Bikesh Ogra, CEO-Solar, Sterling and Wilson says, “Though Kazakhstan has huge oil reserves, growing energy consumption is one of the drivers behind the growth of renewable energy. International Energy Agency has predicted the demand for energy in the country to double up by the year 2035. The Central Asian country’s growing concern of climate change is also one of the factors for the switch to renewables. Sterling and Wilson is exploring all options to support the country in meeting its renewable energy targets.”
Sterling and Wilson has a subsidiary company in Kazakhstan with category I license. The local company would be responsible for execution of Solar PV projects.
Sterling and Wilson, today, is actively present in Asian continent outside India, with over 50 MWp of solar PV plants operational in Philippines powering more than 30,000 homes, and another 60 MWp project is in commissioning phase in Bangladesh.
Sterling and Wilson, today, has to its credit a total of close to 6.14 GWp of solar EPC portfolio in various geographies including Africa, Middle East, Asia, Australia, Latin America & USA. It is currently constructing 1177 MWp of Solar PV plant in Abu Dhabi which is the world’s largest single location Solar PV plant till date. It is building number of projects in Zambia, Egypt, Namibia, Niger, Jordan, Argentina, and Morocco.

About Sterling and Wilson
Sterling and Wilson is an excellent example of the new age energy revolution. With over 6.14 GWp+ Solar energy portfolio across geographies, Sterling and Wilson is leading the green energy wave globally. From being a predominantly India focussed company, Sterling and Wilson now operates in close to 30 countries. With a vision to build a green world, Sterling and Wilson is making power accessible and affordable to the world at large. Visit us at www.sterlingandwilson.com

Read more: Sterling & Wilson Eyes 200 MW Solar PV Projects...

NTPC signed Term Loan of ₹5000 Crore with State Bank of India

08th Oct, 2018

A term loan agreement for ₹5000 Crore was signed with State Bank of India on 28th September, 2018. This loan has a door to door tenure of 12 years and will be utilised to part finance the capital expenditure of NTPC. The loan agreement was signed by Shri Sudhir Arya, Chief Financial Officer, NTPC Ltd and Shri Neelabh Sinha, Dy General Manager, State Bank of India.

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Read more: NTPC signed Term Loan of ₹5000 Crore with State...

NTPC Ltd. pays Final Dividend of Rs. 1,970.67 crore for FY 2017-18

01st Oct, 2018

For the financial year 2017-18, NTPC Ltd. has paid a final dividend of Rs. 1,970.67 crore, being 23.90% of the paid-up equity share capital of the Company.

The RTGS advice for the transfer of Rs. 1,217.29 crore to Government of India, being the share of Government of India in the final dividend, was presented to Shri R.K.Singh, Hon’ble Minister of State (Independent Charge) for Power and New & Renewable Energy by Shri Gurdeep Singh, CMD, NTPC, in the presence of Sh. A.K.Bhalla, Secretary (Power) from Ministry of Power and Shri K Sreekant, Director (Finance), Shri Saptarshi Roy, Director (Human Resources), Shri. S.K.Roy, Director (Projects), Shri Prakash Tiwari, Director (Operations) and Shri Prasant Kumar Mohapatra, Director (Technical) from NTPC Ltd.

This is the 25th consecutive year that NTPC Ltd. has paid dividend.

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Read more: NTPC Ltd. pays Final Dividend of Rs. 1,970.67...

Today, Shri Trivendra Singh Rawat, Hon’ble Chief Minister of Uttarakhand, announced that MoUs worth Rs. 70,000 Crore have been signed across diverse sectors, in the run-up to the ‘Destination Uttarakhand: Investors Summit 2018’, scheduled for 7 and 8 October at Dehradun. The Chief Minister said that the state is geared up for the summit and all the necessary arrangements have been made to host national as well as international dignitaries and delegates.

The Uttarakhand's maiden investors’ summit will witness participation from leading industries like Reliance Industries, Amul, Azure Power, ITC, Patanjali, Lockheed Martin, JSW Group, Walmart, Dalmia Group among many other leading organizations.

The government of Uttarakhand has received investment proposals in diverse sectors that include proposals worth Rs. 27,000 Crore for Solar Power Industry, Rs. 14,000 Crore for Health & Wellness Sector, Rs. 11,000 Crore for the Manufacturing Sector, Rs. 13,000 Crore for the Tourism Sector, Rs. 5,500 Crore for the IT industry, and Rs. 5,000 Crore in the Food Processing sector.

Speaking to the media, Shri Trivendra Singh Rawat, Chief Minister of Uttarakhand said, “We are happy to announce that all the necessary arrangements for the summit have been made and we are ready to host our maiden investor summit. In the run-up to the summit, we organized several mini conclaves within the state, five roadshows across the country, in addition to meeting investors in Singapore and Thailand. We are happy to share that we will see participation from across the globe with countries like Japan, Czech Republic, Argentina, Mauritius, Serbia and Nepal participating in the summit. The event will be inaugurated by Hon’ble Prime Minister, Shri Narendra Modi on the 7th and the summit will be concluded in the presence of Hon’ble Home Minister, Shri Rajnath Singh.

Earlier in the week, ten sectoral policies were unveiled by Hon’ble Chief Minister, which are aimed at garnering investments and providing long-term employment for the residents of the state. The government of Uttarakhand officials will be organizing various B2G meeting on the sidelines of the summit to highlight various investment opportunities for national and international investors.

About Destination Uttarakhand: Investors Summit 2018

The Department of Industries is organizing UKIS 2018 in coordination with all departments related to the 12 focus sectors identified by the state. The Investment Promotion and Facilitation center in the Directorate of Industries is working as the secretariat for the event. It will be a mega event, gathering investors, manufacturers, producers, policymakers, and organizations from the global business ecosystem. The summit would principally focus on 12 focus sectors, which include Food Processing, Horticulture & Floriculture, Herbal & Aromatic, Tourism & Hospitality, Wellness & AYUSH, Pharmaceuticals, Automobiles, Sericulture & Natural Fibers, IT, Renewable Energy, Biotechnology, Film Shooting, for expediting economic development in the state. It will provide opportunities for both investment and trade in these sectors for both domestic and international investors.

For further information on the summit: www.destinationuttarakhand.in

Read more: The State Gears up to Host Industry Leaders and...


10th Oct, 2018

NTPC participated in the tender floated by Uttar Pradesh New and Renewable Energy Development Agency (UPNEDA) for 500 MW grid connected Solar projects.

In the Reverse Auction held today NTPC has won 160 MW of Solar capacities (140 MW at a tariff of Rs 3.17/Kwh and 20 MW at a tariff of Rs 3.21/Kwh) This is the first time NTPC has participated in tariff based bidding of Solar projects.

The 160 MW of solar projects shall be set up by NTPC under EPC mode and shall add to the installed capacity of NTPC.

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Memorandum of Agreement between NTPC and IRCTC for packaged drinking water

05th Oct, 2018

A Memorandum of Agreement (MoA) has been entered between NTPC & IRCTC on 05th October 2018 for setting up a manufacturing facility for packaged drinking water (Rail Neer) by IRCTC at NTPC’s Simhadri Super Thermal Power Project at Simhadri, district Vishakhapatnam, Andhra Pradesh. The agreement was signed in Delhi in the august presence of CMD-NTPC Ltd, CMD-IRCTC Ltd and other dignitaries.

The facility will utilize patented Flash Desalination Technology (FDT) developed by NTPC Energy Technology Research Alliance (NETRA), the Research & Development arm of NTPC. The technology has been developed for production of Quality water (desalinate/ distilled/ drinking water) from sea / brackish water utilizing waste heat from flue gas of power plant. NTPC has already set-up a facility for production of 120 ton per day of desalinated seawater at NTPC Simhadri STPP using this FDT technology, which is running at full capacity since March 2017.

NTPC and IRCTC are also exploring the feasibility to set up similar facility at other NTPC locations like Talcher & Solapur.

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Read more: Memorandum of Agreement between NTPC and IRCTC...

Sungrow, the global leading inverter solution supplier for renewables, participates in the Renewable Energy India Expo 2018 in Greater Noida for 3 days, with world-leading PV solutions for commercial rooftop and utility-scale PV plants, in a bid to build a comprehensive PV world together with partners and with the mission of “ Clean Power for All ”.

Read more: Sungrow Showcases Cutting-Edge Products during...

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