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JUL 19 2012

Fishermen affected by GSPC gas pipeline to be compensated

  • Business Line, V. Rishi Kumar / Hyderabad, 19 July 2012
  • Created:Thu 19th JUL 2012

Gujarat State Petroleum Corporation and thousands of local fishermen have agreed to work collaboratively as the former seeks to implement the DeenDayal-West gas block of Krishna-Godavari ...

JUL 18 2012

NTPC may import coal to meet fuel demand

  • Business Line, Our Bureau / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Public sector power major, NTPC, proposes to import 16 million tonnes (mt) of coal this fiscal up from 12 mt last fiscal to meet its requirements.According to industry ...

JUL 18 2012

Spot electricity tariffs still high as demand rises

  • Business Line, Siddhartha.S / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Insufficient rains and rising demand from agriculture sector see spot electricity tariffs continued to rule high for the third consecutive month in ...

JUL 18 2012

Power shortage making tiny units sick

  • Business Line, T. E. Raja Simhan / Chennai, 18 July 2012
  • Created:Wed 18th JUL 2012

Last year, every one hour three tiny units became sick. In other words, every day 79 tiny units became sick, according to trade associations, quoting Reserve Bank of India ...

JUL 18 2012

Russia and India sign protocol for financing Kundankulam Nuclear Power Project

  • Economic Times, Rakhi Mazumdar, ET Bureau / Kolkata, 18 July 2012
  • Created:Wed 18th JUL 2012

Russia and India have signed a protocol for financing the Kundankulam Nuclear Power Project (KKNPP). As per the protocol, Russian federation will be providing $3400 million for financing ...

JUL 18 2012

Fuel supply pacts to be signed at 80% trigger level, says Power Secy

  • Business Line, Our Bureau / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Plan Panel supports pooled price for coalThe Power Ministry has reiterated its stand that Fuel Supply Agreements (FSAs) between Coal India Ltd and power ...

JUL 18 2012

Planning Commission wants states to hike power tariff, cut losses

  • Economic Times, PTI / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

The Planning Commission today asked states to increase electricity charges and use power subsidy to improve essential services like drinking water, education and health. ...

JUL 18 2012

Steep fall in wind capacity addition in Q1

  • Business Line, M. Ramesh / Chennai, 18 July 2012
  • Created:Wed 18th JUL 2012

Wind power capacity addition fell by nearly half in the first three months of the current financial year over the same period of last year. The fall was led by the two states Tamil Nadu and ...

JUL 18 2012

PE firm NEA invests Rs 84 crore in renewable energy firm Trishe Developers

  • Economic Times, PTI / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Private equity firm New Enterprise Associates (NEA) has invested Rs 84 crore in Trishe Developers, a Chennai-based renewable energy infrastructure company."This ...

JUL 18 2012

AP seeks preferential gas allocation to improve generation

  • Business Line, Our Bureau / Hyderabad, 18 July 2012
  • Created:Wed 18th JUL 2012

Andhra Pradesh has sought additional preferential gas supply to improve power generation, review of the progress of ultra mega power projects and financial package for distribution ...

JUL 18 2012

Equis Funds may pick up stake in Bhilwara Energy

  • Mint, Utpal Bhaskar, PTI / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

The deal involves acquiring stake both at holding company level and for individual projects Singapores Equis Funds Group is in ...

JUL 18 2012

Khadse demands probe into Maharashtra power utilities finances

  • Business Line, Our Bureau / Mumbai, 18 July 2012
  • Created:Wed 18th JUL 2012

Leader of the Opposition says inflated project costs only benefiting certain contractorsMr Eknath Khadse, the Leader of the Opposition in the ...

JUL 18 2012

AP to seek additional power from NTPC

  • Business Line, Our Bureau / Hyderabad, 18 July 2012
  • Created:Wed 18th JUL 2012

The Andhra Pradesh Chief Minister, Mr.N.Kiran Kumar Reddy, today directed the Chief Secretary, Ms. Minnie Mathew, to pursue with NTPC to procure the promised additional power to the ...

JUL 18 2012

Haryana reschedules power supply for farmers

  • Business Line, PTI / Chandigarh, 18 July 2012
  • Created:Wed 18th JUL 2012

The Dakshin Haryana Bijli Vitran Nigam has changed the schedule of power supply for agriculture tube wells with effect from Tuesday.A spokesman of DHBVN here said one ...

JUL 18 2012

TN to finalise solar energy policy soon

  • Business Line, Our Bureau / Chennai, 18 July 2012
  • Created:Wed 18th JUL 2012

The Tamil Nadu Government will soon finalise a solar energy policy and announce subsidy to support roof top solar energy installations, according to Mr Sudeep Jain, Managing Director, Tamil ...

JUL 18 2012

Tap captive power for public good

  • Business Line, Saurabh Kumar / 18 July 2012
  • Created:Wed 18th JUL 2012

Captive power generation in factories and apartment complexes can be tapped to supply to an entire city. This can bring down unit costs.The long and ...

JUL 18 2012

Another power bailout as debt hits R2 lakh cr

  • Financial Express, FE Bureau / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Its a throwback to history. A decade after the Centre stepped in to rescue debt-stressed electricity distribution companies, the power ministry has prepared another ...

JUL 18 2012

Tata & Adani move CERC to hike Mundra project tariffs

  • Financial Express, Noor Mohammad / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Tata Power and Adani Power have filed separate petitions with the central electricity regulator to seek permission to hike electricity tariffs for their ultra mega and ...

JUL 18 2012

JSPL pulls the plug on $2.1-bn Bolivian project

  • Business Standard, BS Reporter / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

Cites non-fulfilment of conditions as reason for the moveEnding months of speculation, curtains were finally drawn on Jindal Steel & Powers ...

JUL 18 2012

JSPL lowered to underperform, target R425

  • Financial Express, Noor Mohammad / New Delhi, 18 July 2012
  • Created:Wed 18th JUL 2012

We downgrade Jindal Steel & Power (JSPL) from outperform to underperform with a target price of R425. Delayed commissioning of Angul and 13% free power to Orissa have resulted in a ...