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Mitsui Babcock secures maintenance contract

The UK utility National Power has awarded a six-year power plant maintenance deal to Mitsui Babcock. Under the deal, believed to be worth around $270 million, Mitsui Babcock

Daewoo may take 50 per cent stake in KESC

The government of Pakistan is negotiating a joint venture deal with Daewoo to transfer 50 per cent of the Karachi Electric Supply Corp. (KESC) to the South Korean

Nepal seeks more power from India

The government of Nepal is seeking to increase the amount of power it can exchange with India, Reuters reports. The government has asked India to raise the ceiling

Power shortage or price rise imminent

The Volta River Authority (VRA), the company responsible for electricity generation and distribution from Lake Volta, the primary source of power in the country, has warned that the

EU seeks new nuclear protocols

The European Commission and member states of the European Union (EU) have started negotiations to secure new nuclear safety protocols with the International Atomic Energy Authority (IAEA). The

GEC Alsthom plans flotation

GEC Alsthom, the power sector company owned jointly by GEC and Alcatel Alsthom, is to make a public share offering during the first six months of 1998. The