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JUN 22 2012

Rahool Panandiker & Urjit R Patel: More elbow room in gas contracts

  • Business Standard, Rahool Panandiker & Urjit R Patel / 22 June 2012
  • Created:Fri 22nd JUN 2012

Contract details and hedging risk are crucial to managing long-term gas supplyThe latest foray towards ensuring Indias energy security, the ...

JUN 21 2012

Govt may impose 21% import duty on power gear

  • Business Line, Our Bureau / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Cabinet panel likely to decide in 2 weeks; private power producers oppose moveThe Government is likely to impose import duty of up to 21 per cent on ...

JUN 21 2012

Alstom T&D bags Rs 176 cr contracts from Power Grid

  • Economic Times, Sarita C Singh, ET Bureau / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Alstom T&D India on Wednesday said it has bagged two equipment supply contracts worth Rs 176 crore from Power Grid Corporation of India Ltd (PGCIL).The first ...

JUN 21 2012

Cabinet to decide on import duty on power equipment in 2 weeks

  • Business Line, Siddhartha P. Saikia / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

The Union Cabinet would take up the issue of imposing import duty of power equipment in two weeks. The Prime Ministers Office that reviewed the matter on Wednesday has asked the ministries ...

JUN 21 2012

We're not responsible for your losses, TN wind industry tells Tangedco

  • Business Line, M. Ramesh / Chennai, 21 June 2012
  • Created:Thu 21st JUN 2012

Wind power producers in Tamil Nadu have strongly denied that the state-owned power utility, Tamil Nadu Generation and Distribution Company, is losing around Rs 1,200 crore because of the ...

JUN 21 2012

New package for debt-ridden Discoms

  • Economic Times, Deepshikha Sikarwar & Dheeraj Tiwari, ET Bureau / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

The finance and power minsitries are close to finalising a new package for the debt-laden power distribution firms, after the RBI and other banks rejected an earlier move to refinance their ...

JUN 21 2012

Erratic power supply in NCR may lead to 60% industrial revenue loss

  • Business Line, Our Bureau / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Prolonged power cuts and voltage fluctuations are hitting industrial units in the Delhi-National Capital Region (NCR), particularly small and medium enterprises (SMEs). Many of them are on ...

JUN 21 2012

NTPC scraps Rs 350-crore coal import tender

  • Economic Times, Sarita Singh, ET Bureau / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

State-run NTPC has scrapped a tender of about Rs 350 crore to import 5 million tonnes coal for which at least three companies including MMTC and Adani Enterprises were in fray. ...

JUN 21 2012

UP buying power worth Rs 7 cr daily

  • Business Line, Press Trust of India / Lucknow, 21 June 2012
  • Created:Thu 21st JUN 2012

The Uttar Pradesh Government on Wednsday said that it was buying power worth up to Rs 7 crore a day to meet the States requirements.This was revealed by Cabinet Minister, ...

JUN 21 2012

India reels under power cuts; some regions without electricity for 8-16 hours daily

  • Economic Times, CR Sukumar & Sobia Khan, ET Bureau / Hyderabad, Bangalore, 21 June 2012
  • Created:Thu 21st JUN 2012

The country is reeling under a severe power shortage that has forced people to suffer 16-hour supply cuts in some regions as fuel scarcity has hit generation and the precarious health of ...

JUN 21 2012

Racold Thermo to focus on energy efficiency, renewable solutions for water heaters in India

  • Economic Times, Writankar Mukherjee, ET Bureau / Kolkata, 21 June 2012
  • Created:Thu 21st JUN 2012

Racold Thermo, one of the country's largest manufacturer and seller of water heaters, is going to focus on high efficiency and renewable solutions to ensure that 80% of its business ...

JUN 21 2012

Banks to pare exposure to SEBs; REC & PFC asked to share load

  • Financial Express, Subhash Narayan / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Public sector banks will limit their exposure to loss-making state electricity boards (SEBs) by sharply cutting the amount of short-term loans extended to these entities for meeting their ...

JUN 21 2012

PMO, UMPPs and PPPs

  • Financial Express / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Delivering on its infra-plan needs an assertive PMOWith 65 clearances required, between the central and the state governments, for setting up a thermal ...

JUN 21 2012

Power producers oppose terms of fuel supply agreements with CIL

  • Business Standard, Sanjay Jog / Mumbai, 21 June 2012
  • Created:Thu 21st JUN 2012

Two days after Coal India Ltd (CIL), the worlds largest coal producer, entered into fuel supply agreements (FSAs) with 27 power companies, some power producers, including Maharashtra State ...

JUN 21 2012

Changes in FSA penalty clause to hit finances: CIL

  • Financial Express, Indronil Roychowdhury / Kolkata, 21 June 2012
  • Created:Thu 21st JUN 2012

Coal India chairman S Narsing Rao on Wednesday said the miner was unwilling to make changes in the penalty clause of fuel supply agreements (FSAs), since that would be detrimental to the ...

JUN 21 2012

Coal India agrees to talk to TCI over FSA issue

  • Financial Express / Mumbai, 21 June 2012
  • Created:Thu 21st JUN 2012

More than three months after UK-based The Children Investment Fund (TCI) raised a red flag over mismanagement of Coal India and repeated government interference, the mining company has ...

JUN 21 2012

PMO may decide on 58 captive coal blocks this week

  • Money Control, PTI / 21 June 2012
  • Created:Thu 21st JUN 2012

The Prime Minister's Office will take a call this week on the fate of 58 captive coal blocks of firms like Reliance Power , Tata Power and Hindalco which were issued show-cause notices ...

JUN 21 2012

Cheap Coal Is Dead. Long Live Renewables.

  • Financial Express, Bloomberg / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

"Sustainable Energy for All is the main theme for this weeks Rio+20 United Nations gathering in Brazil. The challenge of making energy both accessible and sustainable has grown more ...

JUN 21 2012

PMO's coal targets might remain on paper

  • Business Standard, Sudheer Pal Singh / New Delhi, 21 June 2012
  • Created:Thu 21st JUN 2012

Prime Minister Manmohan Singh has ordered the coal ministry to increase production by about 10 per cent in the current financial year. However, a quick look at the ministrys performance in ...

JUN 21 2012

India eyes Afghan coal after iron, copper, gold

  • Mint, Ruchira Singh / 21 June 2012
  • Created:Thu 21st JUN 2012

Indian government officials will visit Afghanistan to look at the possibility of exploring and mining coal after winning rights to mine iron ore last year and bidding for copper and gold ...