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1.ABB India restores crucial power infrastructure in record time for Karnataka, wins smart technology award

ABB’s Symphony Plus system ensures 24/7 reliable power to the backbone of India’s Silicon Valley and 18 million customers across the state.

2.REC inks pact with KPCL, BESCOM

Rural Electrification Corporation (REC) has inked a pact with Karnataka Power Corp (KPCL) and Bangalore Electricity Supply Company (BESCOM) to extend Rs 39,121 crore assistance to the power companies over the next five years.

3.REC extends financial assistance to Karnataka

Rural Electrification Corp (REC) has signed an agreement with power utilities in Karnataka for extending financial assistance of Rs 39,121 crore over the next five years.

4.Power crisis in Karnataka to end soon

The perennial power crisis of the state may end soon as major thermal units of the state were assured of constant supply of coal.

5.AP approves port project worth $2 bn

The state government in Andhra Pradesh has given in-principle approval to Krishnapatnam Port Company Ltd (KPCL)

6.KPCL to select company for supplying LNG

Karnataka Power Corporation (KPCL) plans to conduct a international competitive bidding process to select a company for the supply of up to 1 mnmtpa of liquid natural gas (LNG). KPCL requires LNG in order to fuel its upcoming 700 MW gas-based combined cycle power project at Bidadi near Bengaluru. The project is estimated to cost Rs 2,500 crore.

7.State prohibits pvt hydel plants near KPCL units

The Government of Karnataka prohibits private sector players to set up mini-hydel projects near the existing hydel plants of State owned Karnataka Power Corporation on security grounds.

8.Rain Cements commences Bellary unit

Rain Cements Ltd (RCL) has commenced operations of its fly ash handling and cement packing unit at Bellary, Karnataka.

9.A look at business opportunities bagged by industry players

Nagarjuna Construction Company has bagged a contract from NHAI to execute the four-laning of 163 km Jamshedpur-Ranchi stretch of NH-33.

10.Contracts awarded in August 2010

BHEL has bagged power equipment orders from the Karnataka Power Corporation Ltd (KPCL) for setting up 2x800 MW of thermal power plants at Yermarus and Yeramarus in Raichur district.