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MAY 09 2012

GE Energy ties up with XD Electric Group

  • Business Line,Sushma U N / Bangalore, 09 May 2012
  • Created:Wed 09th MAY 2012

GE Energy has partnered Chinese company XD Electric Group to provide electric transmission and distribution (T&D) and grid automation solutions.The joint venture ...

MAY 09 2012

BHEL'-ISG bags Rs 312-cr NTPC order

  • Business Line, Anil Urs / Bangalore, 09 May 2012
  • Created:Wed 09th MAY 2012

BHEL’s Industrial Systems Group (ISG) has bagged a Rs 312-crore order from NTPC.The ISG is to supply coal handling plant package for NTPC’s Meja ...

MAY 09 2012

Suzlon bags Rs 305 crore contract for wind power project in Gujarat

  • Economic Times, PTI / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Wind turbine manufacturer Suzlon Group today said it has bagged a Rs 305 crore contract for setting up a 50 MW power project in Gujarat.Suzlon Group has signed a Rs 305.32 ...

MAY 09 2012

Severe power crisis in Assam

  • Business Line, PTI / Guwahati, 09 May 2012
  • Created:Wed 09th MAY 2012

Assam is facing a severe power crisis following reduced generation of power by hydel and thermal power stations and also due to damage of two transmission towers in neighbouring West Bengal ...

MAY 09 2012

No accident at Kudankulam unit, says NPCIL

  • Business Line, Shankar Subramaniam / Mumbai, 09 May 2012
  • Created:Wed 09th MAY 2012

Nuclear Power Corporation of India said there was no accident at the Kudankulam Nuclear Power Plant (KNPP).Mr N. Nagaich, Executive Director (Corporate Planning & ...

MAY 09 2012

TN to shell out Rs 4,000 cr subsidy to electricity utility

  • Business Line / Chennai, 09 May 2012
  • Created:Wed 09th MAY 2012

The Tamil Nadu Government will shell out Rs 4,024.96 crore as subsidy compensation to the State power utility in 2012-13.According to an official press release, the ...

MAY 09 2012

AP to become ‘power full’ state in 2 years: CM

  • Business Line, V Rishi Kumar / Hyderabad, 09 May 2012
  • Created:Wed 09th MAY 2012

The Andhra Pradesh Chief Minister, Mr N. Kiran Kumar Reddy, today assured industrialists that the Sate will become ‘power full' within couple of ...

MAY 09 2012

Kerala proposes power tariff hike for all consumers

  • Business Line / Thiruvananthapuram, 09 May 2012
  • Created:Wed 09th MAY 2012

The Kerala State Electricity Board (KSEB) has proposed an across-the-board hike in tariff for all classes of consumers.The public utility proposes to raise additional ...

MAY 09 2012

Tariff-based bidding mandatory for new transmission services

  • Business Standard, BS Reporter / New Delhi 09 May 2012
  • Created:Wed 09th MAY 2012

The ministry of power has made it mandatory to procure transmission services for new projects through a rate-based competitive regime. The objective is to increase private participation in ...

MAY 09 2012

Finance Bill relief for thermal power units

  • Business Standard, Anindita Dey / Mumbai, 09 May 2012
  • Created:Wed 09th MAY 2012

Extends exemption from basic customs duty & CVD indefinitely, to give relief to hard-pressed industryThe Finance Bill passed by the Lok Sabha ...

MAY 09 2012

Hot Air

  • Economic Times / 09 May 2012
  • Created:Wed 09th MAY 2012

Wind power needs a tax incentive, but on the power produced,not capacity added On the list of items on which revenue has been forgone on account of ...

MAY 09 2012

Planning Commission, Power Ministry to finalise capacity addition targets for power sector

  • Economic Times, PTI / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Amid differences over capacity addition targets, the Planning Commission is likely to meet the Power Ministry officials tomorrow to finalise the 12th Five-Year Plan for the power sector. ...

MAY 09 2012

CEA to meet power firms over Coal India penalty clause

  • Economic Times, PTI / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Power companies that have not signed the fuel supply pact with Coal India contesting its minimum penalty clause are meeting the Central Electricity Authority tomorrow to find a resolution to ...

MAY 09 2012

Coal regulator to have pricing power

  • Business Standard, Sudheer Pal Singh / New Delhi 09 May 2012
  • Created:Wed 09th MAY 2012

The government plans to empower the regulator being set up for the coal sector with the authority to decide pricing. The proposal, if implemented, would deprive state-owned Coal India (CIL) ...

MAY 09 2012

Coal India again seeks EoI for Mozambique block exploration

  • Business Line / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Coal India Ltd has sought expression of interest (EoI) for the third time from companies, to undertake drilling activities at a coal block in Mozambique.Similar EoIs were ...

MAY 09 2012

Coal India inks FSAs with 13 power units so far

  • Business Line, PTI / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Coal India has so far entered into fuel supply pacts with 13 power units, including Reliance Power’s Rosa Power project, while some have refused to sign it objecting the penalty ...

MAY 09 2012

Ministry backs demand to review Coal India's new supply pact

  • Business Line, Richa Mishra & Siddhartha P Saikia / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Power developers such as Reliance Power, NTPC, and India Bulls have got support from the most unexpected quarter – the Coal Ministry. The Ministry has supported the ...

MAY 09 2012

Coal mafia using luxury coaches to transport coal

  • Business Line, PTI / Hzaribagh (Jharkhand), 09 May 2012
  • Created:Wed 09th MAY 2012

The police on Tuesday warned owners of luxury buses against colluding with the coal mafia to transport illegally-mined coal through NH-33 in Hazaribag and Ramgarh ...

MAY 09 2012

Surplus coal may be sold at production cost

  • Business Standard, Sudheer Pal Singh / New Delhi 09 May 2012
  • Created:Wed 09th MAY 2012

Fearing profit-making by private miners through the sale of surplus coal produced at captive mines, the government plans to impose a policy guideline asking captive mining companies to sell ...

MAY 09 2012

Coal position at thermal power plants continue to be critical

  • Economic Times, PTI / New Delhi, 09 May 2012
  • Created:Wed 09th MAY 2012

Coal stock position at the thermal power stations in the country continue to be critical with as many as 29 plants receiving less fuel, leaving them with stocks for less than a week. ...