India is taking a major step towards creating a national electricity grid with the construction of the Sasaram link. The project involves the interconnection of the north and east, allowing these two regions to share resources.
US developer AES is to pay $10m for 52 per cent equity in the Central Electricity Supply Company of Orissa. This represents AES`s first acquisition of a distribution company in India.
Durgapur project is proceeding with the implementation of its power plant renovation programme. The existing five units of the 280 MW plant are being modernized and upgraded.