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JUN 21 2018

Stressed assets: Government to meet power firms today

  • FE Bureau, The Financial Express / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  The government will go into a huddle with power companies on Thursday against the backdrop of the large stressed assets in the sector — 75,000 MW at last count — and a ...

JUN 21 2018

Relief to developers: Government relaxes norms for building solar plants

  • FE Bureau, The Financial Express / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  In a move that might provide some relief to solar power plant developers, the Ministry of New and Renewable Energy (MNRE) has relaxed time lines for land acquisition, financial ...

JUN 21 2018

Power sector rues assets going to NCLT; seeks regulatory leniency

  • Bureau, The Financial Express / Ahmedabad, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Sitting on stressed power assets of over 40,000 MW, power producers across the country are seeking regulatory forbearance to resolve the issue. The sector has seen some power assets ...

JUN 21 2018

Govt relaxes deadline for executing solar power projects

  • Our Bureau, The Hindu Business Line / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  The Ministry of Power has relaxed the project execution deadline for solar energy projects that have been bid out under tariff-based reverse auctions. The relaxations have ...

JUN 21 2018

Modi govt plans Pariwartan scheme for power sector revival

  • Utpal Bhaskar, Live Mint / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  The government plans to warehouse stressed power projects totalling 25,000 megawatts (MW) under an asset management firm to protect the value of the assets and prevent their ...

JUN 21 2018

Hydropower plants increase production in June as rains pick up

  • Prashant Krar, ETEnergyWorld / Chandigarh, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Above-normal rains in June have helped hydropower stations to step up production, easing concerns caused earlier by scanty showers in April and May, and a low-snowfall ...

JUN 21 2018

BHEL bags Rs 1,000 crore orders from Telangana power utility

  • Bureau, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Bharat Heavy Electricals Ltd (BHEL), the country’s largest powerequipment manufacturer, today announced it has bagged two orders worth Rs 1,000 crore for supplying emission ...

JUN 21 2018

Adani Transmission acquires 100 per cent equity in Ghatampur SPV

  • PTI, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Adani Transmission said that it has acquired 100 per cent equity in share capital of Ghatampur Transmission Ltd (GTL) yesterday, which will set up 900 circuit Km transmission line ...

JUN 21 2018

Indias utility solar capacity grew 72 per cent in 2017-18: Report

  • Kaavya Chandrasekaran, ETEnergyWorld / Bengaluru, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India's utility solar capacity grew by a whopping 72% in 2017-18 over the previous year, says solar consultancy Bridge To India in its latest annual report on the sector. It ...

JUN 21 2018

Indore railway station to get 260 kw capacity solar power plant

  • TNN, ETEnergyWorld / Indore, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Indian Railways will now install a mega solar power plant at Indore railway station that would save Rs 7 lakh a year against electricity usage. The station already has a 20 ...

JUN 21 2018

Alfanar Group plans to bid in India's renewable energy auctions

  • Kaavya Chandrasekaran, ETEnergyWorld / Bengaluru, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  The $3 billion Riyadh-headquartered Alfanar Group is making a major foray into India’s renewable energy sector, looking to raise $200 million for investments, half of which ...

JUN 21 2018

Govt to launch single solar power bid of 100,000 Megawatt: R K Singh

  • PTI, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Union Minister R K Singh has said the government will bring single solar bid of 1 lakh MW, which would also include storage and solar equipmentmanufacturing components. "The ...

JUN 21 2018

Gujarat government announces Wind-Solar hybrid power policy

  • TNN, ETEnergyWorld / Ahmedabad, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  To boost solar and wind powergeneration in the state, the Gujarat government has announced a new Wind-Solar Hybrid Power Policy. Energy minister Saurabh Patel and minister of state ...

JUN 21 2018

India's thermal coal imports may rise to 145 million tonne in 2018: Report

  • PTI, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India's thermal coal import is likely to increase to 145 million tonne (MT) in 2018, and the uptrend would continue in the next four years, says a report. According to the report by ...

JUN 21 2018

JSPL's 'swadeshi' venture awaits coal

  • Meera Mohanty, ETEnergyWorld / Bhubaneshwar, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Two Union Ministers of Narendra Modi’s government visited the Jindal Steel and Power Ltd plant at Angul in Odisha on Sunday and lauded Chairman Naveen Jindal’s courage ...

JUN 21 2018

Coal supply to power sector eases even as sponge iron, cement suffer

  • Pratim Ranjan Bose, ETEnergyWorld / Kolkata, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Consistent efforts to supply coal to the power sector on a priority basis have started paying off. But the non-power sector — such as cement and steel — is ...

JUN 21 2018

Dharmendra Pradhan presses Opec for responsible pricing of oil

  • Bloomberg, ETEnergyWorld / Vienna 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India , the world’s third-biggest oil consumer, on Wednesday pressed Opec nations to move to responsible pricing of oil and gas saying the present rates are far detached from ...

JUN 21 2018

Indian Oil facing increased cost pressure due to crude oil spike

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Every $10 per barrel rise in the price of crude oil raises working capital cost by about Rs 500 crore per year and cost of fuel consumed internally by $0.9 per barrel for Indian ...

JUN 21 2018

GAIL Gas partners with UBER to promote CNG ecosystem in India

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  India's state-owned natural gas utility GAIL (India) and US-based cab aggregator Uber on Wednesday signed a Memorandum of Understanding (MoU) to promote the use of Compressed ...

JUN 21 2018

OPEC has the responsibility to maintain supply equilibrium: Pradhan

  • Bilal Abdi, ETEnergyWorld / New Delhi, 21st June 2018 Published on : 21st June 2018
  • Created:Thu 21st JUN 2018

  Oil Minister Dharmendra Pradhan today said the Organization of Petroleum Exporting Countries (OPEC) being a dominant supplier of crude oil has the responsibility to maintain supply ...