Power & Energy News Monthly Archive March 2017

MAR 29 2017

Power-starved Meghalaya eyeing renewable energy

  • IANS, ETEnergyWorld / Shilong, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Power-starved Meghalaya is now eyeing renewable energy to meet the growing demand for electricity in the state, Power Minister Sniawbhalang Dhar has said. "The main concern facing the ...

MAR 29 2017

Coal India expects 2.5% production growth

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

After achieving a 9 per cent growth in coal production in the last financial year, Coal India expects to conclude this fiscal year with a 2.5 per cent growth in production and 2 per cent increase ...

MAR 29 2017

Power demand sets new record for month of March in Gujarat

  • TNN, ETEnergyWorld / Ahmedabad, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

The demand for electricity in Gujarat has risen sharply as more people are switching on their air conditioners to get relief from the summer heat. Soaring temperatures on Tuesday increased the ...

MAR 29 2017

Bihar hydro power firms accounts not maintained since 2001-02: CAG

  • TNN, ETEnergyWorld / Patna, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Even as the proposed power tariff hike for 2017-18 has led to an outcry, the annual audit report of CAG has said the BERC (Bihar Electricity Regulatory Commission)-approved tariff rates of Bihar ...

MAR 29 2017

UP Electricity Regulatory Commssion probes into power distribution losses

  • TNN, ETEnergyWorld / Lucknow, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

The UP Electricity Regulatory Commission (UPERC) on Tuesday constituted an investigating authority to probe into the distribution loss figure reported by UPPCL in feeders of Saharanpur and ...

MAR 29 2017

EESL dismisses allegations of scam in procurement; says Congress claims false

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

In response to Congress’s allegation of a Rs 20,000 crore nation-wide scam in procurement of LED lights, state-owned Energy Efficiency Services Ltd (EESL) said the claims were false, ...

MAR 29 2017

Kerala, Tripura, Arunachal to join power discom revival sceheme UDAY

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

Kerala, Tripura and Arunachal Pradesh are all set to join the government’s power distribution reform scheme Ujjwal Discom Yojana (UDAY) on Wednesday. With this, the number of states ...

MAR 29 2017

'CCEA may amend Mega Power Policy to push 31 GW projects'

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

The Cabinet Committee on Economic Affairs (CCEA) is likely to approve tomorrow the amendments in the Mega Power Policy to push 31 GW stuck projects entailing an investment of Rs 1.5 lakh ...

MAR 29 2017

Spectrum harmonisers, Bihar power districts & cashless transaction village in PM's awards shortlist

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

The telecom department’s harmonisation that led to availability of extra spectrum worth Rs 35,000 crore, a Gujarat company that implemented PM Modi’s idea of ‘neem-coated ...

MAR 29 2017

SunEdison India assets to help double Greenko capacity

  • Anindhya Upadhyay, Live Mint / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Greenko Energy Holdings, the green power developer backed by sovereign wealth funds, expects to double its capacity in India by 2019 with the help of assets acquired during the bankruptcy of ...

MAR 29 2017

Atria Power in talks to raise $100 million in structured debt from Piramal

  • Reghu Balakrishnan, Live Mint / Mumbai, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Atria Power Corp. Ltd, a Bengaluru-based renewable power producer, is in talks with Piramal Group to raise structured debt worth $100 million, two people aware of the development ...

MAR 29 2017

Govt to extend sops for Mega Power Policy projects by five years

  • Gireesh Chandra Prasad, Live Mint / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

The government is set to extend by up to five years the benefits of the Mega Power Policy which promised customs and excise duty benefits to power projects of 1,000 megawatt (MW) or more capacity ...

MAR 29 2017

NTPC board okays Rs. 3,004-cr investment for Talaipalli project

  • PTI, The Hindu Business Line / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

NTPC board has approved an investment of Rs. 3,004 crore for Talaipalli coal mining project which has an estimated 18 million tonnes per annum capacity in Chhattisgarh. “In line with ...

MAR 29 2017

ABB looks to plug into Indian start-ups

  • Rahul Wadke, The Hindu Business Line / Mumbai, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Swiss industrial giant ABB Group is exploring the possibility of investing in Indian start-ups, which will complement with its line of business. Globally, it has investments of over $150 million ...

MAR 29 2017

Energy Efficiency Ltd eyes $300-m World Bank loan

  • M Ramesh, The Hindu Business Line / Chennai, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Public sector Energy Efficiency Services Ltd is hungry for cash. This week it will raise a $200-million loan from ADB, and negotiations are on with the World Bank for another $300 million. EESL ...

MAR 29 2017

GE provides 1,500 MW power to Champa UHVDC project

  • Our Bureau, The Hindu Business Line / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

GE Energy Connections announced in a press statement that it has successfully transmitted 1,500 MW of power for phase 1 of the Champa Ultra High Voltage Direct Current (UHVDC) project. Led ...

MAR 29 2017

India not participating in UN talks on nuclear weapons ban

  • PTI, The Hindu Business Line / United Nation, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

India is not participating in the first UN conference in more than 20 years on a global nuclear weapons ban which opened here amid objections from major nuclear powers. More than 120 ...

MAR 29 2017

BEST offers cash rewards for info on power thefts

  • Hepzi Anthony, The Hindu / Mumbai, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

The Electricity Division of the Brihanmumbai Electric Supply and Transport (BEST) undertaking has introduced a new scheme to offer cash rewards to those who provide information on electricity ...

MAR 29 2017

Discoms account for 96% of PSU losses in MP

  • FE Bureau, The Financial Express / New Delhi, 29th March 2017 Published on : 29th March 2017
  • Created:Wed 29th MAR 2017

Discoms in Madhya Pradesh accounted for more than 96% of the losses incurred by the state’s public sector units (PSUs) in FY2016, a report by the Comptroller and Auditor General of India ...

MAR 29 2017

46 GW power generation capacity lacks last mile connectivity: PHDCCI

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

Around 46,000 MW power generation capacity is stranded as states have not built sufficient infrastructure to evacuate electricity from these plants, a senior official has said. “The Central ...