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NOV 22 2012

UPPCL poised to bid for power through exchange

  • Times of india
  • Created:Thu 22nd NOV 2012

To ensure better availability of power in the state, the UP Power Corporation Ltd (UPPCL) on Wednesday decided to become a trading and self-clearing member of the Power Exchange of India and ...

NOV 21 2012

AP solar producers can get renewable energy certificate

  • Business Line, Our Bureau / Chennai, 21 November 2012
  • Created:Wed 21st NOV 2012

The Andhra Pradesh government on Monday issued an amendment to the solar policy it brought out on September 27. The amendment clarifies that the solar project developers will be eligible for ...

NOV 21 2012

Damming India for the future

  • Financial Express, Pradip Baijal / 21 November 2012
  • Created:Wed 21st NOV 2012

Several studies predict the world will reach peak oil production by 2035. For India, a viable alternative is hydel power, but this has been repeatedly stymied by environmentalists in spite ...

NOV 21 2012

Global gas-fired power generation set to see strong growth: Frost & Sullivan

  • Business Line, Richa Mishra / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Gas as a favoured fuel for power generation seems to be gaining ground. Global gas-fired power generation is set to see strong growth noted Frost & Sullivan ...

NOV 21 2012

Energy to spare

  • The Economists, 21 November 2012
  • Created:Wed 21st NOV 2012

UNTIL the late 1950s America produced all the coal, oil and natural gas that its citizens could burn. But as they grew rich and bought cars as big as whales, America began to suck in fuel ...

NOV 21 2012

Green, land clearances vital for coal block auctions: NTPC

  • Business Line, Our Bureau / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Coal pool pricing will not impact NTPC, says ChairmanNTPC on Tuesday said it is important to have in-principle green clearances when coal blocks are ...

NOV 21 2012

42,000-mw hydropower projects run out of steam

  • Economic Times, Rachita Prasad, ET Bureau / Mumbai, 21 November 2012
  • Created:Wed 21st NOV 2012

Hydropower projects with a combined capacity estimated by experts at about 42,000 megawatt are yet to take off in various states, denying the country the opportunity to reduce its power ...

NOV 21 2012

NTPC disinvestment on Cabinet agenda

  • Business Standard, Sanjeeb Mukherjee / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

The Cabinet is likely to consider a proposal to disinvest 9.50 per cent stake in state-run power major NTPC on Thursday. The Centre hopes to cut the fiscal deficit by stake sale in ...

NOV 21 2012

ADB offers $315-m loan for hydro project in Himachal

  • Business Line, Our Bureau / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

The Asian Development Bank (ADB) on Tuesday said it has offered $315 million loan to fund 450-megawatt Shongtong Karcham Hydroelectric Project in Kinnaur, Himachal ...

NOV 21 2012

Uncertain fuel supply dents lenders confidence in power sector targets

  • Financial Express, FE Bureau / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Prevailing uncertainty on fuel supply has dented lenders confidence about the power sector, making it difficult for developers to achieve financial closure and get projects off the ground. ...

NOV 21 2012

PAC starts work on CAGs report on UMPP irregularities

  • Mint, Sahil Makkar & Utpal Bhaskar / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Panel seeks clarification from power ministry on CAG reportIn what may increase political problems for the Congress-led Union government, the public ...

NOV 21 2012

CIL needs to up prices to offset imported coal cost

  • Financial Express, Noor Mohammad / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Coal India will need to increase domestic coal price by 8-21% during the current 12th Five-Year Plan to offset the impact of the high cost of coal that it may have to import to meet at least ...

NOV 21 2012

Power Ministry wants CIL to re-sample its coal supplies

  • Business Line, Our Bureau / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

The Power Ministry wants Coal India Ltd to re-do the mechanism of coal sampling.Currently, Coal India tests the quality of coal in its laboratory and categorise it to ...

NOV 21 2012

Paradip port asks Orissa to ease norms for imported coal

  • Financial Express, FE Bureau / Bhubaneswar, 21 November 2012
  • Created:Wed 21st NOV 2012

Indias largest coal handling port Paradip is struggling to clear its imported coal cargo due to the state governments storage and transportation restrictions imposed on ...

NOV 21 2012

Denationalise coal mining to bring tariffs down

  • Economic Times / 21 November 2012
  • Created:Wed 21st NOV 2012

CAG has claimed that private sector players who have been allotted mines for captive usage will get undue benefits of 1,86,000 crore. The government has claimed the current allocation ...

NOV 21 2012

State OMCs not keen on sharing fuel infra with airline firms

  • Financial Express, Parul, Prashant Mukherjee / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

State-owned oil marketing companies (OMCs), such as Indian Oil, Bharat Petroleum and Hindustan Petroleum, which enjoy monopoly in the aviation turbine fuel market, are reluctant to share ...

NOV 21 2012

Crude oil down on profit-taking, French rating cut

  • Business Line, PTI / Singapore, 21 November 2012
  • Created:Wed 21st NOV 2012

Crude oil was down in Asia today as traders took profits and ratings agency Moodys downgraded the French government bond rating, analysts said.New Yorks main contract, ...

NOV 21 2012

BP demands market price for natural gas

  • Business Line, PTI / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Global oil company BP Plc has demanded a market price for natural gas to enable immediate development of a huge 10 trillion cubic feet (Tcf) of discoveries to help unlock up to $100-150 ...

NOV 21 2012

Govt's petro bill turns a headache

  • Business Standard, Ajay Modi / New Delhi, 21 November 2012
  • Created:Wed 21st NOV 2012

Earnings fall, even as fuel subsidy outgo set to climb new high of close to Rs 1,00,000 crIn a year that is certain to see a record fuel subsidy, the ...

NOV 21 2012

Rahul Dhir teams up with Warburg Pincus to set up new oil company Delonex Energy

  • Economic Times, Satish John, ET Bureau / Mumbai, 21 November 2012
  • Created:Wed 21st NOV 2012

Rahul Dhir, the man who built Cairn IndiaBSE -0.85 % from scratch to a Rs 63,000-crore oil exploration major, is teaming up with leading private equity firm Warburg Pincus to set up an ...