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Energy News MonitorVol.-VIII, Issue-45, 24 April 2012
China now seems very confident of exporting its latest design nuclear reactor known as CAP1400 capable of generating 1400 MWe. It has come a long way since the only previous export, which is of its first indigenous plant of 300 MWe capacity to Pakistan in 1985.
Taking a cue from the RBI governor D Subbarao, market leader Indian Oil Corporation indulged in grand standing by saying state-run retailers would raise petrol price by almost '10 per litre, if the government did not reduce excise duty or did not compensate their '49-crore daily loss on the fuel.
State run-power utility NTPC has commissioned the first units of 500 megawatts at its Mouda power plant in Maharashtra, of which around 150 MW would be supplied to the host state. The power from the plant would ease the power deficit in Maharashtra. The state, excluding the island city of Mumbai, sees demand in its area rising to 15,500 MW in summers as against 15,000 MW in non-summer months.
General Electric Co. (GE), the biggest maker of power-generation equipment, will join with Arista Power Inc. to sell systems that store electricity for commercial customers and release it when demand is highest, helping to cut bills. The system, which will use GE's Durathon batteries, can store power from on-site wind or solar sources or from the grid and deliver it during peak periods,