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MAY 11 2012

Akhilesh Yadav inaugurates UP's first solar power plant

  • Economic Times, Manmohan Rai / Lucknow, 11 May 2012
  • Created:Fri 11th MAY 2012

Chief Minister Akhilesh Yadav known for his concern for environmental causes, inaugurated the first solar power plant of Uttar Pradesh in Bara Banki district on ...

MAY 11 2012

Essar Energy signs PPA with Noida Power Company Ltd.

  • Economic Times, Debjoy Sengupta / Kolkata, 11 May 2012
  • Created:Fri 11th MAY 2012

Essar Energy Plc signed a power purchase agreement (PPA) with Noida Power Company Ltd for 240 mw of contracted capacity from Essar Energy's 600MW coal-fired Tori II power station which ...

MAY 11 2012

Suzlon Group bags 39-MW order in Poland

  • Business Standard, PTI / Mumbai, 11 May 2012
  • Created:Fri 11th MAY 2012

The wind farm project has a potential to generate enough power to meet the needs of more than 50,000 homes every yearSuzlon Group-subsidiary REpower ...

MAY 11 2012

Share of energy sector in India's greenhouse gas emissions on the rise

  • Business Line, Our Bureau / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

India is burning more coal to fuel its growth. The result: Greenhouse gas (GHG) emissions by the country's energy sector continued to rise, accounting for 71 per cent of the ...

MAY 11 2012

Bonfiglioli plans to make solar inverters in India

  • Business Line, Our Bureau / Chennai, 11 May 2012
  • Created:Fri 11th MAY 2012

Italian company Bonfiglioli, a supplier of solar inverters in India, plans to produce the inverters here after one year.Bonfiglioli has two manufacturing plants near ...

MAY 11 2012

Toshiba JSW bags Rs 1,675 cr order

  • Business Line, Our Bureau / Chennai, 11 May 2012
  • Created:Fri 11th MAY 2012

Toshiba JSW Turbine and Generator Pvt Ltd has secured an order worth Rs 1,675 crore from Meja Urga Nigam Pvt Ltd, for the supply of two units of supercritical steam turbine-generators of 660 ...

MAY 11 2012

High fuel cost hits NTPC profit

  • Business Standard, BS Reporter / 11 May 2012
  • Created:Fri 11th MAY 2012

State-run power producer NTPC Ltd on Thursday posted a 6.8 per cent decline in net profit at Rs 2,593.4 crore for the quarter ended March 31, impacted by high fuel costs. It had a net profit ...

MAY 11 2012

Distribution reforms: BRPL to advise Rockson Engg

  • Business Line, Our Bureau / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

BSES Rajdhani Power Ltd (BRPL) has taken its first steps in the international market.According to a company statement, EPC major, Rockson Engineering Company Ltd, has ...

MAY 11 2012

IFC funds SunEdisons solar projects

  • Business Line, Our Bureau / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

Solar energy services provider SunEdison announced on Thursday that International Finance Corporation (IFC), a member of the World Bank Group, will provide Rs 75 crore (around $14.5 million) ...

MAY 11 2012

Biomass power producers seek Govt support

  • Business Line, V. Rishi Kumar / Hyderabad, 11 May 2012
  • Created:Fri 11th MAY 2012

The Indian Biomass Power Association has requested the Power Ministry to help resolve some of the problems faced by developers to make their projects financially ...

MAY 11 2012

TN reduces power tariffs for powerloom weavers

  • Business Line, Press Trust of India / Chennai, 11 May 2012
  • Created:Fri 11th MAY 2012

In order to meet demands of powerloom weavers who are on strike for over a week, the Chief Minister, Ms J. Jayalalithaa, today reduced the power tariffs for them which would entail the ...

MAY 11 2012

Denmark's tilt towards renewables

  • Business Line, M Ramesh, 11 May 2012
  • Created:Fri 11th MAY 2012

Every household is an electricity storage unit a taker and giver of electricity, a producer and a consumer of power.Prosumers will soon become common ...

MAY 11 2012

India to acquire coking coal mine in Mongolia

  • Financial Express, PTI / Beijing, 11 May 2012
  • Created:Fri 11th MAY 2012

In a move to reduce dependence on highly priced Australian coking coal, India will acquire a mine in Mongolia and also set up the first steel plant in the quality coal rich ...

MAY 11 2012

Insurance, coal Bills put off, microfin cleared

  • Business Standard, BS Reporter / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

The Cabinet on Thursday deferred a decision on two important Bills on insurance and a coal regulator even as it cleared a Bill to make the Reserve Bank the regulator of all microfinance ...

MAY 11 2012

Government asks Coal India to supply coal to all power projects

  • Economic Times, ET Bureau / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

The government has ordered Coal India Ltd (CIL) to supply Coal to all power plants getting commissioned within this fiscal even if they have not signed legally binding fuel supply agreements ...

MAY 11 2012

Panel set up to resolve coal methane mining issue

  • Business Line, Siddhartha P. Saikia, Richa Mishra / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

An inter-ministerial panel has been set up to find a solution to the dispute between the Ministries of Coal and Petroleum on simultaneous extraction of gas and coal.The ...

MAY 11 2012

There will be a shortage once new fuel supply agreements are signed: S Narsing Rao

  • Business Standard, Shine Jacob / Kolkata, 11 May 2012
  • Created:Fri 11th MAY 2012

Interview with Chairman and Managing Director, Coal India LimitedCoal India Limited (CIL) has been in the news after a presidential decree that forced ...

MAY 11 2012

Power cos to get coal blocks without bidding

  • Financial Express, Rajat Guha, Subhash Narayan / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

Notwithstanding the CAG stance favouring the auction route for allocation of natural resources, power companies such as NTPC, Tata Power, Rpower and Jindal Power might get another set of ...

MAY 11 2012

IOC 1st state-refiner to buy Mexican Maya crude: Source

  • Economic Times, Reuters / New Delhi, 11 May 2012
  • Created:Fri 11th MAY 2012

Indian Oil Corp., the country's biggest refiner, has made its first purchase of Mexican Maya oil, a trade source said on Thursday, as the state-run firm looks to diversify its crude ...

MAY 11 2012

Fuel sellers creak under R10k-cr interest burden

  • Financial Express, MG Arun / Mumbai, 11 May 2012
  • Created:Fri 11th MAY 2012

Selling fuel below cost is driving state-owned oil marketing companies (OMCs) to the brink as it shrinks profits, boosts interest payments and constrains borrowing room to expand or explore ...