Receive our newsletter – data, insights and analysis delivered to you
  1. Uncategorised
October 1, 2020

Coronavirus company news summary – Indian power company targets 340TWh of generation – Vestas receives order for 109MW of turbines

By Matt Farmer

1 October

India-based power generation utility NTPC is targeting a revenue of $13.2bn (Rs980bn) for financial year 2020-21. In a statement, a company spokesperson said: “NTPC, India’s largest power producer, will aim for a revenue of Rs980bn from operations and 340TWh of electricity generation as part of its memorandum of understanding with the Indian Ministry of Power for financial year 2020-21.” This announcement comes in the wake of power demand dipping in the country due to the coronavirus pandemic.

Westinghouse Electric Company has signed a contract with the National Nuclear Energy Generating Company for VVER-440 nuclear fuel for the Rivne nuclear power plant. The parties also signed a letter of intent on further exploring localisation of fuel assembly component production in Ukraine.

Mainstream Renewable Power has placed an order with Vestas for the 109 MW Ckani wind park, to be located in the Antofagasta region of Chile. The contract features the supply and installation of 26 V150-4.2 MW wind turbines, as well as an Active Output Management 5000 service agreement for the operation and maintenance of the wind park over the next two decades.

Related Companies

Content from our partners
Green investment: What gives Scotland multiple advantages
How Hengst helped to keep Germany’s charity “star singers” shining
How one power station prevented frequent shutdowns with three-stage air filtration

Topics in this article:
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Wednesday. The power industry's most comprehensive news and information delivered every month.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU