Power & Energy News Monthly Archive March 2017

MAR 31 2017

Government seeks public comments on auction of coal mines

  • PTI, The Financial Express / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  A discussion paper on the modalities for allocation of coal mines through auction route has been placed in the public domain to seek comments of stakeholders, Parliament was ...

MAR 31 2017

SIDBI puts Rs 20 crore in solar installation startup Oriano Solar through its private arm

  • Taslima Khan, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Samridhi Fund, a Rs 450-crore fund owned by the private investment arm of Small Industries Development Bank of India (SIDBI), has agreed to make a Rs 20-crore investment in ...

MAR 31 2017

Mumbai's first metro to go green

  • Chittaranjan Tembhekar, ETEnergyWorld / Mumbai, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Reliance Infrastructure-promoted Mumbai Metro One announces the finalization and signing of the agreement for going green in a big way by harnessing solar power to meet a part of ...

MAR 31 2017

NTPC Kahalgaon power plant generates record 15,794 million units

  • TNN, ETEnergyWorld / Bhagalpur, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  NTPC’s Khahalgaon Super Thermal Power Station (KhSTPS) has generated record 15,794.91 million units of electricity in the financial year 2016-2017. According to ...

MAR 31 2017

Maharashtra farmers must pay bills or lose power supply

  • TNN, ETEnergyWorld / Mumbai, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Farmers across the state owe Rs 17,000 crore to Maharashtra State Electricity Distribution Company Ltd (MSEDCL). This amount is a cumulative of their bills of electricity ...

MAR 31 2017

48,060 Megawatt capacity of supercritical power technology in pipeline

  • IANS, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Union Power Minister Piyush Goyal on Thursday said as much as 39,710 MW capacity based on supercritical technology has already been added and 48,060 MW of super-critical power ...

MAR 31 2017

Toshiba to go ahead with nuclear plant in Andhra Pradesh: Government

  • PTI, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  The Toshiba will go ahead with the project of setting up of a nuclear plant in Andhra Pradesh despite its partner Westinghouse filing for bankruptcy, the government informed the ...

MAR 31 2017

India joins IEA Association

  • PTI, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  India has become part of IEA Association that will allow the country play a more "visible and influential" role in the global energy landscape. The "Activation of ...

MAR 31 2017

Heat wave pushes up electricity prices in spot market

  • Sarita Singh, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Power prices in the spot market shot up by nearly 7% in two days to more than Rs 3 per unit on Wednesday due to the ongoing heat wave conditions in most parts of the ...

MAR 31 2017

SC reserves verdict on compensatory tariffs to Tata Power, Adani Power

  • Apurva Vishwanath, Live Mint / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  The Supreme Court on Thursday reserved its verdict in a case to determine if an electricity regulatory body can alter competitively bid tariffs to award compensation to Tata Power ...

MAR 31 2017

Jyotiraditya Scindia, Piyush Goyal clash over surplus power claim

  • TNN, ETEnergyWorld / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Sparks flew in Lok Sabha on Thursday when power minister Piyush Goyal locked horns with his predecessor Jyotiraditya Scindia of Congress on whether the Centre’'s claim of ...

MAR 31 2017

Ostro Energy plans $250 million bond issue

  • Reghu Balakrishnan, Live Mint / 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Ostro Energy Pvt. Ltd, the renewable energy platform set up by private equity firm Actis, plans to raise $250 million by selling bonds overseas, two people aware of the development ...

MAR 31 2017

Banks may cut funding to Rajasthan discoms missing UDAY targets

  • Vishwanath Nair, Live Mint / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Lenders are planning to cut working capital finance to Rajasthan’s power distribution companies which have failed to meet the financial targets set under the Ujjwal Discom ...

MAR 31 2017

PTC India Financial Services sells IEX stake for 133 crore

  • Our Bureau, The Hindu Business Line / Mumbai, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  PTC India Financial Services, a non-banking infrastructure finance company promoted by PTC India, has sold its entire stake in India Energy Exchange for 132.54 crore. Prior ...

MAR 31 2017

Solar energy reaches another milestone

  • M Ramesh, The Hindu Business Line / Chennai, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Figures released by the Central Electricity Authority today show that the Indian solar energy sector crossed a milestone in January – generating over 10 billion units of ...

MAR 31 2017

Discom chief talks tough against graft

  • Staff Reporter, The Hindu / Tirupati, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  The Andhra Pradesh Southern Power Distribution Company Limited (APSPDCL) has squarely blamed the lack of proper monitoring by supervisory officers for the growing instances of ...

MAR 31 2017

Chhattisgarh power from April first week

  • B. Chandrashekharan, The Hindu / Hyderabad, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Nearly two-and-a-half years after initiating the process of purchasing power from Chhattisgarh, Telangana is likely to start evacuating power from April first ...

MAR 31 2017

Acquisition of land for Kovvada plant will continue

  • K.Srinivas Rao, The Hindu / Srikakulam, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  The Nuclear Power Corporation of India Limited (NPCIL) has decided to go ahead with the land acquisition process for the Kovvada nuclear power plant in spite of the developments in ...

MAR 31 2017

Work on thermal project to resume today

  • B. Chandrashekhar, The Hindu / Hyderabad, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  Work on the 1,080 MW Bhadradri Thermal Power Station (BTPS) in Bhadradri-Kothagudem district is all set to resume from Friday with Telangana State Power Generation Corporation ...

MAR 31 2017

BHEL commissions 2nd unit of Yeramarus plant in Karnataka

  • PTI, The Financial Express / New Delhi, 31st March 2017 Published on : 31st March 2017
  • Created:Fri 31st MAR 2017

  State-run power equipment maker BHEL today said it has commissioned the second 800-MW unit of Yeramarus thermal plant in Karnataka. The company had commissioned the first unit of ...