Power & Energy News Monthly Archive February 2017

FEB 01 2017

Economic Survey: Indias high petroleum taxation helped gain edge on climate front

  • Sudheer Singh, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

The Economic Survey 2016-17 tabled in Parliament today by Finance Minister Arun Jaitley has said the high petroleum taxation imposed by the government in the backdrop of the historic decline in ...

FEB 01 2017

IOC to foray into Bangladesh, Myanmar and others

  • Shine Jacob, Business Standards / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

In a strategy that may work in tandem with the Look East policy of India, state-run Indian Oil Corporation is set to foray into retail, pipeline and refinery sectors in Bangladesh, Myanmar, ...

FEB 01 2017

Consol Energy plans to sell or spin-off coal business to shareholders

  • Reuters, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

Coal and natural gas producer Consol Energy Inc broke even on an adjusted basis in the fourth quarter, and said it planned to sell its coal business or spin it off to shareholders. The ...

FEB 01 2017

NALCO to form JV with Neelachal Ispat to produce coal tar pitch

  • Rakhi Mazumdar, ETEnergyWorld / Kolkata, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

National Aluminium Company Limited (Nalco) has signed an MoU to set up a joint-venture company in partnership with Neelachal Ispat Nigam Limited (NINL) for producing Coal Tar Pitch. The move is ...

FEB 01 2017

SC asks CBI to file chargesheet in coal scam cases by February

  • PTI, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

 Supreme Court today directed the CBI to file chargesheets in coal scam cases, in which probe has been completed by February, and expeditiously take pending ...

FEB 01 2017

CIL unions seek Rs 20 per tonne levy for company's pension fund

  • Debjoy Sengupta, ETEnergyWorld / Kolkata, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

Coal India's unions are demanding a levy Rs 20 per tonne on the dry fuel to help the company's pension fund get enough cash. The state-run company is likely to send this proposal soon to the ...

FEB 01 2017

Economic Survey: Highways construction, cargo, power generation record growth

  • PTI, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

Despite facing challenging infrastructure deficit in the country aided by resource crunch, debt-laden firms and stressed assets, highways construction and cargo exports registered impressive ...

FEB 01 2017

Economic survey paints a bleak picture of power sector

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

The Economic Survey 2016-17 tabled in Parliament today by Finance Minster Arun Jaitley has painted a bleak picture of the power generation sector saying private firms are reeling under ...

FEB 01 2017

Development of workable models in renewable energy is a must: Nagpur University VC

  • Snehlata Shrivastav, ETEnergyWorld / Nagpur, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

 “With depleting conventional sources, the need for alternative and renewable sources of energy is increasing day by day. Unless scientists develop not just workable but scientifically ...

FEB 01 2017

India ranks fourth globally in wind power installation: Economic Survey

  • PTI, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

India has attained the fourth position globally in installed wind power capacity after China, US and Germany as a result of various steps in the "right" direction, the Economic Survey said ...

FEB 01 2017

REC lends Rs 6,890 crore to Tamil Nadu for setting up power plant

  • Sarita C Singh, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

State-run Rural Electrification Corp (REC) on tuesday said it has signed a loan agreement with Tamil Nadu's power generation and transmission utilities for financial assistance of Rs 6,890 ...

FEB 01 2017

Power ministry working on mega push for village electrification next fiscal

  • Bureau, ETEnergyWorld / New Delhi, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

The power ministry has worked out a mega expansion plan for village electrification in the coming financial year that is likely to require spending upwards of Rs 16,500 crore through a slew of ...

FEB 01 2017

CESC appoints consultant to explore revamp

  • Bureau, The Hindu Business Line / Kolkata, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

RP-Sanjiv Goenka group flagship CESC Ltd has appointed a consultant to explore restructuring opportunities in the company. According to market sources, the company may club its generation ...

FEB 01 2017

Land identified for new bus terminal at Solar

  • Special Correspondent, The Hindu / Erode, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

The district administration has identified 19 acres of land at Solar on the city outskirts for establishing a full-fledged bus stand. Additional bus stands for the city have been a ...

FEB 01 2017

Power tariff in TN to stay steady

  • Bureau, The Hindu Business Line / Chennai, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

Electricity prices for the consumer will remain steady in Tamil Nadu for one more year with the utility not seeking any tariff revision from the Regulator while filing the Aggregate Revenue ...

FEB 01 2017

N-plant: Former Union Energy Secretary raises safety concerns

  • K Srinivasa Rao, The Hindu / Srikakulam, 1st February 2017 Published on : 1st February 2017
  • Created:Wed 01st FEB 2017

Former Union Energy Secretary E.A.S. Sarma on Tuesday expressed his apprehensions over the safety of the atomic power plant proposed at Kovvada in the district at an estimated cost of Rs. 1.8 lakh ...

FEB 01 2017

MNRE launched mobile app namely ARUN (Atal Rooftop Solar User Navigator) for Solar Rooftop

  • http://mnre.gov.in/file-manager/UserFiles/arun-web.pdf
  • Created:Wed 01st FEB 2017

  The mobile app was launched by the Secretary MNRE Shri Rajeev Kapoor in the National Review Meeting with the State Government officials of Renewable Energy sector ...

FEB 01 2017

Commission dismissed the application of Atria Energy Services Private Limited for the grant of category IV Inter-State Trading Licence

  • Created:Wed 01st FEB 2017

  Atria Energy Services Private Limited, has made the present application, for grant of Category `IV` licence for inter-State trading in electricity in whole of ...