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JUL 27 2012

Power prices at Indian Energy Exchange treble in 18 days

  • Economic Times / Kolkata, 27 July 2012
  • Created:Fri 27th JUL 2012

Average power prices at the Indian Energy Exchange (IEX), which trades more than 90% of the country's power, have more than trebled in the last 18 days due to a delayed monsoon and ...

JUL 27 2012

Power charges hiked by average of 30% in Kerala

  • Business Line, Vinson Kurian / Thiruvananthapuram, 27 July 2012
  • Created:Fri 27th JUL 2012

The electricity tariff in Kerala has been revised upwards across the board by an average of 30 per cent.The Kerala State Electricity Regulatory Commission notified the ...

JUL 27 2012

4,000 MW of old plant capacity to be retired: CEA

  • Business Line, V. Rishi Kumar / Hyderabad, 27 July 2012
  • Created:Fri 27th JUL 2012

About 4,000 MW of ageing thermal power generation capacity will be taken out of production during the Twelfth Plan period, according to Mr Arvinder Singh Bakshi, Chairman, Central ...

JUL 27 2012

Electricity to be dearer by 30% in Kerala homes

  • Financial Express / Thiruvananthapuram, 27 July 2012
  • Created:Fri 27th JUL 2012

Electrictiy will be dearer by 30% in Kerala, with the State Electricity Regulatory Commission notifying the highest tariff hike in 10 years. It is the first time in the last one decade that ...

JUL 27 2012

Rooftop solar will be the next big thing, say experts

  • Business Line / Chennai, 27 July 2012
  • Created:Fri 27th JUL 2012

Rooftop solar power plants are set to take off in a big way in India, many speakers at REaction, a conference of the renewable energy industry here, said. The 3-day conference is being ...

JUL 27 2012

China’s solar companies warn of trade war with European Union

  • Financial Express, PTI / Beijing, 27 July 2012
  • Created:Fri 27th JUL 2012

China’s solar companies warned of a trade war on Thursday, calling on the Chinese government to strike back against an anti-dumping complaint filed by European ...

JUL 27 2012

Suzlon concludes wind farm assets sale

  • Business Line, R.Y.Narayanan / Coimbatore, 27 July 2012
  • Created:Fri 27th JUL 2012

Suzlon Energy Ltd has said that it has successfully concluded the transaction to divest a block of its wind farm assets and has received the sale proceeds.In a ...

JUL 27 2012

Fuel pact: Coal India may pay 5% penalty if supplies fall below 80 per cent

  • Business Line, Pratim Ranjan Bose / Kolkata, 27 July 2012
  • Created:Fri 27th JUL 2012

Coal India Ltd may amend the controversial fuel supply agreements (FSAs) with the power sector by accepting to pay a five per cent penalty if supplies fall below the guaranteed (trigger) 80 ...

JUL 27 2012

Crude oil prices down in Asia

  • Business Line, PTI / Singapore, 27 July 2012
  • Created:Fri 27th JUL 2012

Oil prices were lower in Asia today as Euro zone fears and a sharp spike in US crude inventories weighed on markets, analysts said.New York’s main contract, ...

JUL 27 2012

Big Oil on back foot in changing energy world

  • Financial Express / London, 27 July 2012
  • Created:Fri 27th JUL 2012

It happens every time. Oil prices fall and the industry turns cannibal: big energy companies hunt out bargains among overstretched producers and promising explorers. It’s the ...

JUL 27 2012

ONGC shortlists 10 companies for seismic survey tender

  • Mint, Utpal Bhaskar / New Delhi, 27 July 2012
  • Created:Fri 27th JUL 2012

The Rs.1,200 cr tender is key to ONGC’s future given concerns about production capabilities, need for new reservesOil and Natural Gas Corp. Ltd (ONGC) has ...

JUL 27 2012

KG-D6 turns a battleground

  • Business Standard, Jyoti Mukul / New Delhi, 27 July 2012
  • Created:Fri 27th JUL 2012

In April 2009, when Reliance Industries (RIL) started production from the KG-D6 block, it was not just a turning point for the company, but also one in India’s hydrocarbon ...

JUL 27 2012

Shale gas auction: Cost-recovery model to be junked

  • Business Standard, Ajay Modi / New Delhi, 27 July 2012
  • Created:Fri 27th JUL 2012

Moving away from the controversial cost-recovery model, the government has proposed a royalty and production-linked payment for auction of shale gas acreage. Cost recovery in blocks offered ...

JUL 26 2012

PowerGrid plans green corridor for renewable energy

  • Business Line / Mumbai, 26 July 2012
  • Created:Thu 26th JUL 2012

Power Grid Corporation has a Rs 42,000-crore plan for setting up an exclusive countrywide green corridor for renewable energy transmission.Presenting the companys Q1 ...

JUL 26 2012

BHEL commissions solar power plant in Karnataka

  • Business Line / New Delhi, 26 July 2012
  • Created:Thu 26th JUL 2012

Bharat Heavy Electricals Ltd on Wednesday said it has commissioned a 5-MW solar power plant in Karnataka. "Located at Shivanasamudram near Mandya in Karnataka, the plant has been ...

JUL 26 2012

Ministerial panel on coal regulator agrees on pricing authority

  • Business Standard / New Delhi, 26 July 2012
  • Created:Thu 26th JUL 2012

A meeting of the nine-member ministerial panel set up to frame the powers of the proposed regulator for the coal sector remained inconclusive today.However, a general ...

JUL 26 2012

Suzlon raises $281 mn to repay bondholders

  • Financial Express, PTI / New Delhi, 26 July 2012
  • Created:Thu 26th JUL 2012

Suzlon Energy , the world's fifth largest wind turbine maker, has raised $281 million in short-term loans to repay holders of its foreign convertible bonds that mature on Friday, IFR ...

JUL 26 2012

Coal productions hurdles

  • Financial Express, Vijay Kurup / New Delhi, 26 July 2012
  • Created:Thu 26th JUL 2012

Indonesia increased its coal production 87% between 2010-2011. Clearance and security procedures hamper the same in IndiaDoes India need to liberalise its policy framework ...

JUL 26 2012

Essar Moves Court against ONGC

  • Economic Times, Maulik Vyas & Shuchi Srivastava / Mumbai, 26 July 2012
  • Created:Thu 26th JUL 2012

State-run energy cos decision to keep Essar Group out of its offshore oil services tenders worth $2 billion triggers move Mumbai-based ...

JUL 26 2012

Competition will Tame Fuel Prices

  • Economic Times, Sajal Ghosh & Rohit Prasad / Mumbai, 26 July 2012
  • Created:Thu 26th JUL 2012

Govt should allow competition in fuel retailing and benchmark diesel prices to export parity prices to save on subsidy Before the sharp rise of ...