Power & Energy News Monthly Archive April 2017

APR 27 2017

Tangedco defaults payment, Vallur units stop supply

  • Shivakukar B, ETEnergyWorld / Chennai, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

A week after sounding a warning, NTPC, a joint venture partner of the Tamil Nadu Electricity Board (TNEB), has stopped supply of 1,000MW power from its two thermal plants in Vallur to the state ...

APR 27 2017

NTPC launches issue of rupee denominated notes worth Rs 20 bln

  • Bureau, ETEnergyWorld / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

India’s largest power generator NTPC Ltd today said the company has launched an issue of Rs 20 billion worth notes carrying a coupon of 7.25 per cent per annum payable annually. The ...

APR 27 2017

Haryana CM Khattar announces electricity bill surcharge waiver scheme

  • PTI, ETEnergyWorld / Chandigarh, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

Haryana Chief Minister Manohar Lal Khattar today announced launch of the Electricity Bill Surcharge Waiver Scheme 2017 to provide consumers another opportunity to clear their outstanding ...

APR 27 2017

PM Modi to lay foundation stone of hydro engineering college in HP today

  • PTI, ETEnergyWorld / Dharmashala, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

Prime Minister Narendra Modi will today lay the foundation of a hydro engineering college to be set up in Bilaspur district of Himachal Pradesh.Modi will do so from Shimla during his one-day visit ...

APR 27 2017

Report: India may find it tough to meet its electricity needs

  • Bureau, Financial Express / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

The government may be planning to have power for all by 2019, but a report released on Tuesday said densely populated and low-income countries like India may find it difficult to meet their ...

APR 27 2017

Sterlite Power Grids InvIT IPO planned for mid-May launch

  • Swaraj Singh Dhanjal, Live Mint / Mumbai, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

India Grid Trust (IndiGrid), an infrastructure investment trust (InvIT) sponsored by Sterlite Power Grid Ventures Ltd plans to launch an initial public offering (IPO) in mid-May, said two people ...

APR 27 2017

Wind power sector ready to work with govt to realize targets: Sarvesh Kumar

  • Mayank Agarwal, Business Standard / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

The wind power sector is ready to work with the government to realize the target of 175 GW renewable power, of which 60GW is wind power, by 2022, but first wants a proper regulatory framework in ...

APR 27 2017

Global wind power installation expected to touch 800GW by 2021: GWEC report

  • Mayank Agarwal, Live Mint / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

Global wind power installation is expected to touch 800GW by 2021 from 490GW, led by Asian  economies like China and India, says a new report released on Tuesday by the Global Wind ...

APR 27 2017

India to become major wind energy hub: Suzlon Chairman Tulsi Tanti

  • Jyoti Mukul & Shreya Jai, Business Standard / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

Falling tariff is not the only trend that renewable energy is witnessing. Suzlon, the domestic market leader in wind equipment manufacturing, expects global vendors to come to India to tap 60 ...

APR 27 2017

Solar power tariffs seen hitting new lows

  • V Rishi Kumar, The Hindu Business Line / Hydarabad, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

The significant drop in solar power tariffs in the past few months is a reflection of huge pent-up demand in the system, according to Sunil Jain, CEO and ED of Hero Future Energies ...

APR 27 2017

Suzlons first 2.1 MW wind turbine generator in Gujarat achieves 42% PLF

  • Bureau, The Hindu Business Line / Ahmedabad, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

The Suzlon Group, a leading global renewable energy solutions provider, on Wednesday, said its S111 120m 2.1 MW wind turbine generator has achieved a nearly 42% Plant Load Factor (PLF) in its ...

APR 27 2017

RIL Inks Pact with German company to Sell Wood Alternatives

  • Bureau, ETEnergyWorld / New Delhi, 27th April 2017 Published on : 27th April 2017
  • Created:Thu 27th APR 2017

India's most valuable company Reliance Industries (RIL) has signed a licence deal with Resysta International GmbH to exclusively make and sell the German firm's natural fibre polymer-composite in ...

APR 26 2017

OIL crude production up 9.06%, ONGCs rises 3.32%

  • Our Bureau, The Hindu Business Line / New Delhi, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

The increase in crude oil production was due to higher output from public sector undertaking, Oil India whose crude oil production was up 9.06 per cent, ONGC showed a 3.32 per cent growth in March ...

APR 26 2017

Tamil scholar moves Madras HC to stop hydrocarbon project

  • TNN, ETEnergyWorld / Chennai, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

Tamil scholar, activist and president of Gandhiya Makkal Iyakkam, M Thamizha ruvi Mani an faulted the Centre for using Tamil Nadu as 'testing ground for the projects harmful to environment and ...

APR 26 2017

RIL gains diesel market share

  • Tanya Thomas, The Hindu Business line / Mumbai, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

Reliance Industries’ aggressive discounts on diesel sales at its fuel retail outlets from January to March this year helped it double market share in the segment over the quarter, a company ...

APR 26 2017

Petroleum dealers seek fair deal

  • Special Correspondent, The Hindu / Vijaywada, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

To register their protest against the failure of the Oil Marketing Companies (OMCs) in implementing the recommendations of a government committee report submitted in 2011, petroleum dealers across ...

APR 26 2017

OVL looking for risk-sharing pact to drill hydrocarbon block in South China Sea

  • Saurabh Kumar, The Financial Express / New Delhi, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

As ONGC Videsh’s (OVL) licence to explore Block 128 in the South China Sea is set to expire soon, the firm has commenced talks with the national oil company (NOC) of Vietnam, PetroVietnam, ...

APR 26 2017

Plan for home delivery of petro products to take time

  • Saurabh Kumar, The Financial Express / New Delhi, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

Petroleum minister Dharmendra Pradhan’s tweet on April 21 regarding home delivery of petroleum products may have taken many by surprise, but the actual implementation of the programme is ...

APR 26 2017

Coal India FY18 production target cut on weak demand

  • Soumonty Kanungo, Live Mint / 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

In an unprecedented move, the Union government has reduced the production target for Coal India Ltd (CIL) from 660 million tonnes (mt) to 600 mt in the current year due to tepid demand for the ...

APR 26 2017

Coal India's sales outlook remains positive despite muted demand

  • IANS, ETEnergyWorld / Kolkata, 26th April 2017 Published on : 26th April 2017
  • Created:Wed 26th APR 2017

Despite muted demand from consumers, downgrading of mines and challenges from the renewable energy sector, the sales outlook of Coal India, the country's largest miner, for 2017-18 looks positive ...