Power & Energy News Monthly Archive March 2017

MAR 30 2017

PFC-led lenders, PE firm seize control of Kasliwals 400 Mw Hydel Project

  • Sangita Mehta, ETEnergyWorld / Mumbai, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Lenders led by Power Finance Corporation (PFC) and private equity firm Guggenheim Partners have seized control of Mukul Kasliwal’s 400 MW Shree Maheshwar Hydel Power Project on the Narmada ...

MAR 30 2017

States gained Rs 11,989 crore from falling interest cost on UDAY bonds

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Falling interest costs on UDAY (Ujjawal Discom Yojana) bonds has led to a savings of Rs 11,989 crore for power distribution companies of various states. According to data given by the ...

MAR 30 2017

GE transmits 1,500 MW power on Champa-Kurrukshetra power line

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

GE Energy Connections has successfully transmitted 1,500 MW of power for phase-I of the Champa Ultra High Voltage Direct Current (UHVDC) project of Power Grid Corporation of India Ltd. In ...

MAR 30 2017

Indus hydropower projects being built despite Pakistan's objections: Govt

  • PTI, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Five Indian hydropower projects being built on tributaries of the Indus, over which Pakistan has raised objections, are at various stages of implementation in the Indus river basin, the Lok Sabha ...

MAR 30 2017

Siemens consortium wins PGCIL order worth $520 million for transmission system

  • Rachita Prasad, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Siemens, in consortium with Sumitomo Electric, has bagged an order from Power Grid Corporation of India to supply a high-voltage direct current (HVDC) transmission system for a total of $520 ...

MAR 30 2017

PSPCL over paid Rs 2250 crore for power, ignoring own generation: CAG

  • Prashant Krar, ETEnergyWorld / Chandigarh, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Punjab State Power Corporation Limited (PSPCL) over paid Rs 2,249.6 crore for costly power purchases through traders, unscheduled interchanges and underutilization of power from own thermal ...

MAR 30 2017

Kalpataru Power bags orders worth Rs 1,200 crore

  • PTI, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Kalpataru Power Transmission Limited (KPTL) today said it has bagged new orders worth Rs 1,200 crore. These orders include a Rs 402-crore transmission line turnkey project by Transmission ...

MAR 30 2017

Vikram Solar in pact with Israel co to develop drinking water from air

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Engineering, procurement and construction company Vikram Solar today said the company has signed a Memorandum of understanding with Israel’s Water-Gen to develop hygienic drinking water ...

MAR 30 2017

After hydro, Himachal Pradesh plans to tap potential of wind energy

  • TNN, ETEnergyWorld / Shimla, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Known for its vast hydro power potential, Himachal Pradesh government is now exploring the possibility of promoting non-conventional wind energy in a big way. As far as 12 sites have been ...

MAR 30 2017

Policy interventions behind solar tariff plunge

  • ET Bureau, ETEnergyWorld / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

The government’s policy interventions such as waiver of transmission and wheeling costs have helped solar tariffs plunge, power ministry’s joint secretary Jyoti Arora said at the ...

MAR 30 2017

Government owned Austarlian company seeks to invest in Adani's controversial coal mine project

  • PTI, ETEnergyWorld / Melbourne, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

An Australian government-owned fund manager company has expressed interest to invest in "infrastructure pieces" of Indian energy giant Adani's controversial 21 billion dollar coal mine project in ...

MAR 30 2017

Bhadrachalam-Sattupalli railway link to cut pollution on coal line

  • Rousham Ali, ETEnergyWorld / Hyderabad, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

The Railway Board has given the green signal for laying of new broad gauge railway line between Bhadrachalam Road-Sattupalli station. Though the rail line is only for 53.20-km kilometre, it is ...

MAR 30 2017

Oil Ministry tweaks norms for allotment of gas agencies, petrol pumps

  • PTI, The Financial Express / New Delhi, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

The Oil Ministry has tweaked norms for allotment of LPG sale agencies to private individuals, raising the upper age limit of applicants to 60 years and lowering educational criteria to just 10th ...

MAR 30 2017

Shell India, Bharat Petroleum may tie up for Singapore energy trading

  • Kalpana Pathak, Live Mint / Mumbai, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Royal Dutch Shell Plc’s India unit and Bharat Petroleum Corp. Ltd (BPCL), the country’s second largest fuel retailer, may team up to help the latter set up an energy trading unit in ...

MAR 30 2017

RIL completes Gulf Africa Petroleum Corporation stake sale

  • Amritha Pillay, Business Standard / Mumbai, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Mukesh Ambani led Reliance Industries Ltd (RIL) on Wednesday said it has completed the sale transaction of its entire 76% interest in Gulf Africa Petroleum Corporation (GAPCO) to global energy ...

MAR 30 2017

Pak extracting gas from Indian fields

  • TNN, ETEnergyWorld / Jaisalmer, 30th March 2017 Published on : 30th March 2017
  • Created:Thu 30th MAR 2017

Minister of State Minister of Petroleum and Natural Gas Dharmendra Pradhan in reply to a question by Barmer MP Col Sona Ram Choudhary Monday agreed that Pakistan is producing gas from the fields ...

MAR 29 2017

Aadhaar deadline for LPG likely to be extended in Bengal

  • PTI, ETEnergyWorld / Kolkata, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

The deadline of January 31 for Aadhaar card linkage with LPG connection in some districts of West Bengal is expected to be extended by the government. "Given what we have seen in other ...

MAR 29 2017

Cairn-Vedanta merger: All approval in place barring RBI

  • PTI, ETEnergyWorld / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Vedanta Ltd today said it has received all approvals for its merger with Cairn India barring the RBI nod for issuing redeemable preference shares to the non-resident shareholders of the oil ...

MAR 29 2017

CIL in talk with coastal power companies to substitute imports

  • PTI, The Financial Express / Kolkata, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

State-owned Coal India Limited is in talks with power companies along the western and eastern coasts to discontinue the use of imported coal “We are meeting the coastal power companies to ...

MAR 29 2017

Hindustan Power commissions 50 MW solar capacity in Punjab

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Hindustan Power’s clean energy arm has commissioned a 50 Megwatt solar power plant in Punjab for an investment of Rs 325 crore, the company today said in a release. With the ...