Tag: investment

Colombia steps up transmission plans

Colombia: Colombia plans to offer three new power dispatch projects to investors as part of efforts to reinforce the regional transmission system (STR) amid increasing load demand.

KE to invest $3 B in next four years

Pakistan: Aamir Ghaziani, Chief Financial Officer of KE said that K-Electric (KE) is committed towards Karachi and its growth with an investment of $3 B over the next four years across the value chain at the Corporate Analyst Briefing session held at the Pakistan Stock Exchange (PSX) on Wednesday.

U.S. utilities invest $51B annually in electric distribution systems

According to a new analysis from the U.S. Energy Information Administration (EIA), major U.S. utilities are spending $51 billion annually on improving their electricity distribution systems, which is an increase of 54% over the past two decades when investments amounted to $31 billion.

PSE&G investing $1.5B in electric improvements

Public Service Electric and Gas (PSE&G) has announced its plan to invest $2.5 billion during the next five years to further strengthen its electric and gas systems, with about $1.5 billion of the planned investment program allocated for electric improvements.

Turkmenistan needs transformers as part of $5B investment by 2020

Turkmenistan is in high demand for power transformers due to the implementation of the “Concept for the Development of the Electricity Industry for 2013-2020”, which has become the largest investment project, envisaging more than $5 billion for the development of the power industry until 2020.

Shaanxi Power to invest $4.8B in power distribution network by 2020

China: Shaanxi Regional Electric Power Group (SPG), a large electric power company supplying power to more than 1,000 townships in 70 counties and districts in nine municipalities of Shaanxi province, is planning to invest close to $4.8 billion by 2020 in order to build a modern power distribution network.

Xcel Energy implementing $3B transmission grid expansion

USA, Texas: Xcel Energy is implementing a number of electricity transmission projects within its larger “Power for the Plains” effort, a $3 billion investment program aimed at expanding the company’s power transmission network in Texas and New Mexico by 2021.