Power & Energy News Monthly Archive November 2017

NOV 30 2017

CleanMax Solar raises $15 million from World Banks IFC

  • Swaraj Singh Dhanjal, Live Mint / Mumbai, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  American private equity major Warburg Pincus-backed rooftop solar company CleanMax Solar has raised $15 million in equity capital from World Bank arm International Finance Corp. ...

NOV 30 2017

Solars tumble starts claiming victims as Trina rethinks India

  • Anindya Upadhyay, Live Mint / New Delhi, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  Solar auctions are having their intended effect: Prices for developers are tumbling across Asia. While that’s good news for consumers, solar companies might have to reconsider ...

NOV 30 2017

GE Power to supply latest gas turbine to Jiangsu Etern Company

  • PTI, The Hindu Business Line / New Delhi, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  GE Power has bagged an order from Jiangsu Etern Company Ltd to supply its latest gas turbine for an upcoming 100-MW plant at Shahjibazar in Bangladesh. The order, worth ...

NOV 30 2017

Siemens Gamesa gets 200MW order for Tamil Nadu wind park

  • Brian Parkin, Live Mint / Berlin, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  Siemens Gamesa Renewable Energy SA won an order to supply 200 megawatts of low-wind turbines to a project in Tamil Nadu. It will supply 100 G114-2.0 MW T-106 turbines to the ...

NOV 30 2017

L&T wins $250 million EPC contract for 400MW power plant in Bangladesh

  • Shakti Patra, Live Mint / Mumbai, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  Infrastructure major Larsen & Toubro (L&T) Ltd on Wednesday said it has won a $250 million engineering, procurement, construction (EPC) contract for setting up a 400MW ...

NOV 30 2017

UPERC adopts Rs 7.02/unit solar tariff for nine bidders for 12 years

  • Deepa Jainani, The Financial Express / New Delhi, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  The Uttar Pradesh Electricity Regulatory Commission has adopted Rs 7.02 per unit as the solar tariff for the year 2015-16 for nine bidding companies who have already commissioned ...

NOV 30 2017

NTPC set to go on buying spree in big relief for troubled private sector players

  • FE Bureau, The Financial Express / New Delhi, 30th November 2017 Published on : 30th November 2017
  • Created:Thu 30th NOV 2017

  In a move that may bring some relief to the troubled private-power sector, state-run NTPC is looking to buy operational power assets that runs on domestic coal. The thermal power ...

NOV 29 2017

Dharmendra Pradhan defends mega oil refinery amid e-vehicle push

  • PTI, The Financial Express / 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Oil Minister Dharmendra Pradhan today strongly defended plans to build the Rs 2.7 lakh crore oil refinery on the west coast by 2022 despite the push for electric vehicles, saying ...

NOV 29 2017

Oil Minister Pradhan calls for umbrella policy to synergise energy ministries

  • Bilal Abdi, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Oil Minister Dharmendra Pradhan today said there is a need for an umbrella energy policy which will bring about synergy in the work being done by the five energy ministries in the ...

NOV 29 2017

Goa's first bio-gas bus trial runs to start in a fortnight

  • TNN, ETEnergyWorld / Panaji, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  The government will run the bio-gas bus on a pilot basis within a fortnight for three to six months, officials in the chief minister’s office (CMO) said here on Monday. The ...

NOV 29 2017

Second round of auction of small, discovered oilfields likely by Jan-end

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  The government plans to launch by January-end the second round of auction of discovered small fields (DSF) in which, drawing lessons from the first round, fields will be grouped in ...

NOV 29 2017

Use only LPG to cook midday meal: Misra

  • Staff Reporter, The Hindu / Kakinada, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Collector Kartikeya Misra on Tuesday asked the officials of the education department to ensure that liquefied petroleum gas alone was used as the fuel to prepare the midday ...

NOV 29 2017

ONGC may take legal action if DGH goes ahead with stake sale proposal

  • Kalpana Pathak, Live Mint / Mumbai, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  State-run Oil and Natural Gas Corp. Ltd (ONGC) may take legal action if the Directorate General of Hydrocarbons’ (DGH) plan to sell 60% stake in the company’s ...

NOV 29 2017

Coal India weighs salary hike for executives, impact seen at Rs 800 cr

  • PTI, The Financial Express / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  State-owned Coal India is considering hiking salary of its executives, which may cost the company about Rs 800 crore. “The salary revision of Coal India (CIL) employees is ...

NOV 29 2017

Oil Minister Dharmendra Pradhan pitches for including gas in GST

  • PTI, The Financial Express / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Oil Minister Dharmendra Pradhan today made a strong case for inclusion of natural gas in the Goods and Services Tax, saying that if polluting coal can be included, then the ...

NOV 29 2017

Rajasthan saves energy worth Rs 144 crore through LED lights

  • TNN, ETEnergyWorld / Jaipur, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Rajasthan, which has retrofitted 8 lakh smart LED street lights under the Ujala scheme, has saved energy worth Rs 144 crore, said Energy Efficiency Services Ltd (EESL) managing ...

NOV 29 2017

Hike in tariff likely to be less than projected: Uttarakhand Power Secy

  • Yogesh Kumar, ETEnergyWorld / Dehradun, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  In a bid to allay fears among consumers about the proposed 13% hike in electricity tariff by the Uttarakhand Power Corporation Limited (UPCL), state power secretary Radhika Jhan, on ...

NOV 29 2017

Companies spend just 6 per cent of CSR fund on clean energy: Report

  • PTI, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Indian companies are spending a mere 6 per cent of their CSR fund on clean energy, a report said. Samhita Social Ventures, a CSR consulting organization, today released ...

NOV 29 2017

India needs to build solar-electricity storage system: Researcher

  • PTI, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  India needs to build a storage system for electricity from its fast-expanding solar network in a bid to balance cost-effective energy mix, according to a senior ...

NOV 29 2017

Saubhagya scheme targets to cover 175,000 households in Manipur

  • PTI, ETEnergyWorld / New Delhi, 29th November 2017 Published on : 29th November 2017
  • Created:Wed 29th NOV 2017

  Union Power Minister R K Singh and Manipur Chief Minister N Biren Singh today launched Saubhagya scheme in the north eastern state to provide electricity connections to 1.75 lakh ...