Power & Energy News Monthly Archive August 2017

AUG 30 2017

Coal India to boost supplies to Power Stations

  • Debjoy Sengupta, The Hindu Business Line / Kolkata, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  Supplies by Coal India to power utilities witnessed 11 per cent growth during August 2017 in comparison to the previous corresponding period. This helped coal fired power ...

AUG 30 2017

IOC to invest Rs 32,000 cr to ramp up petchem capacity by FY21

  • PTI, The Financial Express / Mumbai, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  To meet the rising demand for petrochemicals, especially plastics and polymers, largest public sector company Indian Oil will invest Rs 32,000 crore to ramp up its output by fiscal ...

AUG 30 2017

Coal India yet to get a new chairman two days before current CMD retires

  • Debjoy Sengupta, The Hindu Business Line / Kolkata, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  Coal India chairman Sutirtha Bhattacharya is slated to retire in two days, which may leave the company without a full-time chief executive at a time when the company’s profit ...

AUG 30 2017

Australia supports Adanis Carmichael project, says minister

  • Utpal Bhaskar, Live Mint / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The governments of Australia and Queensland strongly support the Adani Group’s Carmichael coal project, said Keith Pitt, Australia’s assistant minister for trade, ...

AUG 30 2017

First 1,000 M unit of Kudankulam nuclear power plant restarts generation

  • IANS, ETEnergyWorld / Chennai, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The first 1,000 MW atomic power unit at the Kudankulam Nuclear Power Project (KNPP) restarted generation after completion of refuelling on Tuesday, said an official. "The ...

AUG 30 2017

Reliance Infrastructure aims to unlock value in existing businesses

  • PTI, ETEnergyWorld / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The Anil Ambani-led Reliance Infrastructure (RInfra) today said it is involved in different initiatives to unlock value in existing businesses, including the Mumbai power business, ...

AUG 30 2017

Logistics efficiency holds the key to CILs growth

  • Pratim Ranjan Bose, The Hindu Business Line / Kolkata, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  According to Coal India Ltd’s (CIL) outgoing Chairman Sutirtha Bhattacharya, trimming logistics costs will help the miner grow in the long run. Bhattacharya, who had taken ...

AUG 30 2017

Institutional buyers put in Rs 7,800 crore bids in NTPC stake sale

  • PTI, ETEnergyWorld / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The government's 5 per cent stake sale offer in NTPC was lapped up by institutional investors who over-subscribed the portion reserved for them by putting in bids worth nearly Rs ...

AUG 30 2017

Germany supporting India in achieving its goal for sustainable development: Piyush Goyal

  • ANI, ETEnergyWorld / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  Union Minister of State for Power, Coal, New and Renewable Energy and Mines (Independent Charge) Piyush Goyal has praised Germany for being a very reliable partner country in ...

AUG 30 2017

Disinvestment deal: NTPC share-sale may fetch govt Rs 13,800 crore

  • Pavan Burugula, Business Standard / Mumbai, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The government on Tuesday will sell up to 10 per cent in power utility NTPC for Rs 13,800 crore in one of the biggest disinvestment deals. The two-day offer for sale (OFS) will have ...

AUG 30 2017

NTPC disinvestment gets off to flying start

  • PTI, Live Mint / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The government’s 5% stake sale in NTPC Ltd on Tuesday got off to a flying start with 86% of shares reserved for institutional investors getting subscribed by ...

AUG 30 2017

Mitsui set to pick up stake in OMC Power

  • Utpal Bhaskar, Live Mint / New Delhi, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  In perhaps the first such deal in India’s mini-grid space, Japan’s Mitsui and Co. will acquire a stake in OMC Power Pvt. Ltd, two people aware of the development ...

AUG 30 2017

Lenders looking to sell 51% stake in Jindal India Thermal Power

  • Rajesh Kurup, The Hindu Business Line / Mumbai, 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  A clutch of lenders led by Punjab National Bank (PNB) is looking to sell its 51 per cent stake in Jindal India Thermal Power Ltd (JITPL), along with management control. It has ...

AUG 30 2017

Renewables vs coal power: Why that is a diversion from the real issue

  • Nirvikar Singh, The Financial Express / 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  In my last column, reflecting on the keys to India’s economic growth, I suggested that the rise of artificial intelligence and the ageing of populations (especially in rich ...

AUG 30 2017

Wind power tariff hits new low; what this means to concerned parties

  • Anupam Chatterjee, The Financial Express / 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  The price of wind-based electricity touched a new low of Rs 3.42 per unit at the auctions held on Tuesday by Tamil Nadu’s state-owned electricity distribution company, ...

AUG 30 2017

From power transmission success, Railways hiring 2 lakh workers to, Delhi airport, how Indias infrastructure is progressing

  • Vinayak Chatterjee, The Financial Express / 30th August 2017 Published on : 30th August 2017
  • Created:Wed 30th AUG 2017

  Achievements in Transmission have indeed brought India closer to dream of ‘One nation, One grid, One frequency, One market’ Transmission network growth ...

AUG 29 2017

China's solar appetite eats into PM Modi's effort on clean energy

  • Bloomberg, ETEnergyWorld / New Delhi, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Indian solar projects banking on a continuous supply of ever-cheaper panels are now under threat as China’s appetite props up prices. The global spot market price for ...

AUG 29 2017

Offshore wind farms can be potential source to meet energy demand: Scientists

  • IANS, ETEnergyWorld / Bengaluru, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Offshore wind -- plentiful along the coast of southern India -- can be a potential source to meet the increasing energy demand in this region, scientists at the National Institute ...

AUG 29 2017

Niti Aayog wants urban kitchens to shift to electric cooking

  • Sanjay Dutta, ETEnergyWorld / New Delhi, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Niti Aayog doesn’t seem to be content with the plan to make India move around in electric cars and buses by 2030. The government’s policy thinktank has now offered the ...

AUG 29 2017

Do you want to shut down NGT, Delhi High Court asks Centre

  • TNN, ETEnergyWorld / New Delhi, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Irked that Centre has failed to ensure vacancies in the top environment tribunal are filled, the Delhi high court wondered if the government wants to wind up NGT. A bench of ...