Power & Energy News Monthly Archive April 2017

APR 29 2017

Indias eighth sedimentary basin to go live in 2 years

  • PTI, The Financial Express / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

The state-owned Oil and Natural Gas Corporation (ONGC) will open up India’s eighth sedimentary basin — the first in over three decades — for oil and gas production in two years, ...

APR 29 2017

ONGC planning to bring Kutch offshore basin on stream soon: D K Sarraf

  • Bilal Abdi, ETEnergyWorld / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

State-owned petroleum explorer Oil and Natural Gas Corporation (ONGC) is planning to bring on stream its Kutch offshore basin, the country's eighth new basin, over the next 2-3 years, Chairman and ...

APR 29 2017

Will renewables win the grid parity race?

  • Vinay Goyal, ETEnergyWorld / 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

The Indian Government - under the leadership of Prime Minister Modi, has set a target to achieve 175 gigawatts (GW) renewable energy capacity by 2022. This ambitious target was presented initially ...

APR 29 2017

BHEL commissions 3 MW solar plant in Dadra and Nagar Haveli

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

State-owned power sector equipment manufacturer Bharat Heavy Electricals Ltd (BHEL) today said the company has commissioned a 3 Megawatt solar power plant in the union territory of Dadra and Nagar ...

APR 29 2017

Government orders may come to the rescue of capital goods companies, again

  • Rachita Prasad, ETEnergyWorld / Mumbai, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

Government orders were the key driver for capital goods and engineering companies last year and may continue to be so in 2017-18 as the order pipeline reveals more state-funded schemes and far too ...

APR 29 2017

Ready to rectify lapses in Welspun's power plant in Uttar Pradesh: Centre

  • PTI, ETEnergyWorld / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

Government today told the National Green Tribunal that it was ready to rectify the shortcomings pointed out by the green panel in a coal-based thermal power plant in Mirzapur district of Uttar ...

APR 29 2017

2.1 million street lights replaced with LEDs, savings 295 million units per year

  • PTI, ETEnergyWorld / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

Replacement of 21 lakh conventional street lights with LEDs has resulted in annual energy savings of 295 million unit and reduction of 2.3 lakh tonnes of CO2 annually. Under the ...

APR 29 2017

Suzlon sees wind energy auctions squeezing margins as market grows

  • Anindya Upadhyay, Live Mint / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

Suzlon Energy Ltd, one of India’s largest wind-turbine makers, says the record-low prices paid for power purchase contracts through India’s wind energy auctions will pressure margins ...

APR 29 2017

Six jailed, fined for power theft

  • ETEnergyWorld, The Hindu / New Delhi, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

New Delhi, Staff Reporter: Three separate cases of power theft reported from various parts of the city were presented before the Special Courts of Electricity in Saket. The accused in these cases ...

APR 29 2017

AP makes rapid strides: 1 GW ultra mega solar park nearing completion in Kurnool

  • V Rishi Kumar, The Hindu Business Line / Kurnool, 29th April 2017 Published on : 29th April 2017
  • Created:Sat 29th APR 2017

The world’s largest single-location solar park of 1,000 megawatts (1 gigawatt) is nearing completion in Kurnool district of Andhra Pradesh. With 900 MW of the 1,000 MW already ...

APR 28 2017

ONGC gets environment clearance for development of Jharia coal bed methane block

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

The Ministry of Environment, Forest and Climate Change has given environment clearance to Oil and Natural Gas Corporation Ltd’s (ONGC) proposal for phase III development of Jharia Coal Bed ...

APR 28 2017

Ageing oilfields drag down India's crude output for fifth straight year

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

India’s crude oil production fell for the fifth straight year in 2016-17 as output continued to slide at ageing oilfields. Output fell 2.5% from the previous fiscal to 36 million metric ...

APR 28 2017

Oil ministrys local content policy will not apply on deep-water, difficult areas

  • Bilal Abdi, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

The oil ministry’s latest policy to provide purchase preference on local content to firms participating in tenders floated by oil Public Sector Undertakings (PSUs) will not be applicable for ...

APR 28 2017

Rlys wants Coal India to help develop stations

  • Our Bureau, The Hindu Business Line / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

Indian Railways is requesting Coal India to develop railway stations that support its sidings. This was stated by AK Mittal, Member-Infrastructure, Railway Board, while speaking at a PHDCCI ...

APR 28 2017

Commercial coal mining to lower power tariff: Coal Secretary Susheel Kumar

  • PTI, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

The opening up of commercial coal mining to private companies will bring in competition in the coal sector and reduce power tariff, a top official said today. "Let's begin by saying ...

APR 28 2017

State-owned ONGC makes 23 oil and gas discoveries last financial year

  • PTI, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

State-owned Oil and Natural Gas Corp (ONGC) made 23 oil and gas discoveries in the fiscal year ended March 31 as a record number of wells drilled helped it uncover new reserves. While the ...

APR 28 2017

Assured and quality power a basic feature of smart city mission: NITI Aayog

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

Assured availability of quality power to people is the basic feature of a smart city, apart from slum-free city environment, proper delivery of services like clean water, affordable housing and ...

APR 28 2017

NTPC to resume power supply in Tamil Nadu after state clears some dues

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

State-owned NTPC Ltd has agreed to resume 1,000 Megawatt power supply to Tamil Nadu power board from its thermal power plant in Vallur, which the company had stopped owing to non-payment of dues ...

APR 28 2017

Punjab, Haryana to face shortfall of cheapest BBMB power in summers

  • Prashant Krar, ETEnergyWorld / Chandigarh, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

With the cheapest power from BhakraNangal and Beas projects all set to fall in the first quarter due to depleted level of water at reservoirs, the power utilities in Punjab and Haryana will have ...

APR 28 2017

NTPC's Rs 2,000 cr masala bond issue oversubscribed

  • Debapriya Mondal, ETEnergyWorld / New Delhi, 28th April 2017 Published on : 28th April 2017
  • Created:Fri 28th APR 2017

India’s largest power generation company NTPC Ltd’sRs 2,000 crore masala bond issue was oversubscribed with participation of more than 40 accounts, the company said in a ...