Sempra Energy, BP partner in wind farm project in IndianaSeptember 18th, 2009 Sempra Energy, BP partner in wind farm projectSAN DIEGO — Sempra Generation, a subsidiary of Sempra Energy, said Friday it has become an equal partner with BP Wind Energy, a wholly owned subsidiary of BP PLC, in developing a wind farm in Indiana. The venture will help develop a 200-megawatt Fowler Ridge II Wind Farm on a 17,000-acre site about 90 miles northwest of Indianapolis.
'Wind power can meet quarter of India's energy needs by 2030'September 10th, 2009 NEW DELHI - With proper incentives, wind power can meet over 24 percent of India's energy needs by 2030, says a study carried out by the Global Wind Energy Council (GWEC) and the Indian Wind Turbine Manufacturers Association (IWTMA). Releasing "Indian Wind Energy Outlook 2009" here Wednesday evening, Minister for New and Renewable Energy Farooq Abdullah said it was his dream to see windmills all over India the way one would see them in Europe.
GE and Plutonic Power delay proposed sale of Canadian wind farmAugust 18th, 2009 Canadian wind farm sale delayedNEW YORK — GE Energy Financial Services and Plutonic Power Corp. said Tuesday they need more time to decide whether to buy the Dokie Ridge Wind Project, the largest wind farm under construction in British Columbia.
Boardwalk Pipeline 2nd-qtr profit falls sharply on costs related to expanded pipelinesJuly 27th, 2009 Boardwalk Pipeline 2Q profit tumbles on costsHOUSTON — Boardwalk Pipeline Partners LP, which transports and stores natural gas, on Monday said its second-quarter profit fell 69 percent on higher expenses related to newly expanded pipelines. Quarterly earnings were $20.3 million, or 12 cents per unit, compared with $64.7 million, or 50 cents per unit, during the same period last year.
General Electric profit drops 49 percent in 2Q on finance unit troubles, industrial declineJuly 17th, 2009 GE 2Q profit falls 49 percent, tops estimatesWASHINGTON — General Electric Co. says its second quarter earnings tumbled 49 percent on the continued woes of its finance unit and ongoing weakness in its big industrial units due to the recession.
Baxter International's 2nd-quarter profit rises 8 percent as better margins offset sales dropJuly 16th, 2009 Baxter 2Q profit rises 8 percent on marginsDEERFIELD, Ill. — Specialty drug and medical device maker Baxter International Inc.
Power supplier to electric co-ops in 4 Western states signs wind farm dealJuly 7th, 2009 Tri-State to buy power from new Colo wind farmDENVER — A company that supplies power to rural electric cooperatives in four Western states announced Monday that it will buy electricity from a new wind farm on Colorado's Eastern Plains. The wind farm — to be built near Burlington — will supply enough electricity to power up to 14,000 households served by Tri-State Generation and Transmission Association Inc.
Big Western electric power generator plans 51-megawatt wind farm in eastern ColoradoJuly 6th, 2009 Big Western power generator plans Colo wind farmDENVER — A major regional power supplier has reached a deal to buy electricity from a new wind farm in Colorado. Tri-State Generation and Transmission Association formally signed a 20-year deal on Monday to buy power from a wind farm that Duke Energy will build near Burlington in eastern Colorado.
Neyveli Lignite to enter hydel, wind power sectorsJune 20th, 2009 CHENNAI - Mining-cum-power company Neyveli Lignite Corp (NLC) is planning to enter hydel, wind and nuclear power generation, a top official said here Saturday. "We are interested in setting up a 1,000-MW hydel power project in Uttarakhand partnering with the state government.
Power Finance Corp's net rises 63 percentJune 15th, 2009 MUMBAI - The net profit of state-run power infrastructure financing company Power Finance Corp increased by 63 percent to almost Rs.1,970 crore last fiscal from about Rs.1,207 crore in 2007-08, it announced Monday. The increase in net profit is mainly due to reversal of deferred tax liability of Rs.61,651.32 lakh (Rs.616.5 crore), the company said in a regulatory statement.
Suzlon's Gujarat wind power plant to be ready in SeptemberMay 26th, 2009 GANDHINAGAR - A 52 MW wind power plant that Suzlon Energy is executing for Gujarat State Petroleum Corp (GSPC) in Gujarat will be commissioned in September, a state government official said. "The work on the project site in the Kutch region has started.
Indian Oil's Gujarat wind power project is readyMay 13th, 2009 KANDLA - Public sector refiner Indian Oil Corp (IOC) has completed its 21 MW wind power project near the port town of Kandla, a top official said Wednesday. The wind farm, set up at a cost of Rs.130 crore, would be formally inaugurated later this week, the IOC official, who did not want to be named, told IANS.
GAIL plans wind energy projects in GujaratMay 12th, 2009 AHMEDABAD - Gas marketing major Gail India is planning to establish a series of wind power projects in Gujarat during the current fiscal, a senior official said Tuesday. 'The company has invited bids for setting up wind power projects of 4.5 to 5 MW capacity each on a turn-key basis.
Big expansion for wind industry but the problem of transmission lingersMay 9th, 2009 Many gains and a big constraint for wind industryCHICAGO — A nagging issue wound its way through the chatter at what was an otherwise celebratory event for the nation's wind industry in Chicago. The U.S. has become the world's biggest wind-power generator and of the electricity production added in the country last year, 42 percent came from wind turbines.
NTPC net profit up 5.6 percentApril 8th, 2009 NEW DELHI - State-run power generation firm NTPC Ltd Wednesday reported 5.6 percent increase in its provisional net profit for 2008-09. NTPC, formerly known as National Thermal Power Corp, posted Rs.7,827.4 crore ($1.5 billion) as profit for 2008-09, compared to Rs.7,414.8 crore the year before, the company said in a statement.
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