Power & Energy News Monthly Archive August 2017

AUG 29 2017

NITI Aayog suggests waste to energy plants to clean up solid waste

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

  The NITI Aayog has suggested setting up an authority which will take up installation of 'waste to energy' plants in public-private partnership (PPP) mode to clean up municipal solid ...

AUG 29 2017

Wind power tariff in Tamil Nadu drops to 3.42/unit, lowest in country

  • B Sivakumar, ETEnergyWorld / Chennai, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  The cost of wind power in Tamil Nadu has fallen to 3.42 per unit, the lowest in the country. The price now is 4 paise lower than that quoted in the Union renewable power ministry's ...

AUG 29 2017

SPPU shortlists 200 colleges to implement solar energy systems

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

  Within just three days, the Savitribai Phule Pune University (SPPU) closed applications meant for the installation of solar projects. The varsity had called for applications from ...

AUG 29 2017

How manufacturers are gearing up to seize the opportunity in electric vehicle space

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

  I have been asked this question ever since I joined Mahindra & Mahindra (M&M) in 1991. We’re still alive and thriving against competition. The question: How ...

AUG 29 2017

Has the government found an easy way to hide fuel price hikes?

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

    Remember protests by people and opposition parties when petrol and diesel rates used to be hiked? Not anymore. Not because no one cares, but because no one gets to ...

AUG 29 2017

Sarna explores ways to boost India-US partnership in energy

  • PTI, ETEnergyWorld / Washington, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  There is a great prospect for cooperation between India and the US in the energy sector, the top Indian envoy to Washington has said as he visited the resource-rich Alaska to ...

AUG 29 2017

Indian energy companies exploring offshore gas field deals in Israel

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

  Indian energy firms are exploring investment opportunity in Israel’s offshore gas fields as well as possibilities of importing some of their advanced technologies as part of a ...

AUG 29 2017

New crude oil pipelne from Chennai Port Trust-Manali refinery

  • PTI, ETEnergyWorld / Chennai, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  IndianOil Group company Chennai Petroleum Corporation will lay a new crude oil pipeline from Chennai Port Trust to Manali Refinery at an estimated cost of Rs 258 crore, a top ...

AUG 29 2017

CPCL to invest Rs 1,495 cr to create BS-VI fuel for automobile industry

  • T E Narasimhan, Business Standard / Chennai, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Chennai Petroleum Corporation (CPCL), a subsidiary of Indian Oil Corporation (IOC), is planning to invest about Rs 1,495 crore to produce BS-VI fuel for the automobile industry. The ...

AUG 29 2017

Adani aims to ship first coal from Australian mine in March 2020

  • Reuters, The Hindu Business Line / Melbourne, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Adani Enterprises said on Monday it plans to begin work in October to build the controversial Carmichael coal project in Australia, aiming to make its first shipment in March ...

AUG 29 2017

KSRTC mulls a switchover to CNG

  • S. Anil Radhakrishnan, The Hindu / Thiruvananthpuram, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Decks are getting cleared for the cash-strapped Kerala State Road Transport Corporation (KSRTC) to use environment-friendly gas to power its buses and to bring down the fuel bill of ...

AUG 29 2017

Coal India's profits may fall 9% post wage negotiation

  • Avishek Rakshit, Business Standard / Kolkata, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

Coal India's expenses are likely to shoot up by Rs. 5,500-6,000 crore every year, as the company has conceded to a 20 per cent wage hike apart from other benefits. This in turn, is likely to pull ...

AUG 29 2017

First tender for coal utilisation scheme fails with zero bids

  • Shreya Jai, Business Standard / New Delhi, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  The Centre’s programme of ensuring coal for stressed power units has failed to generate much interest on the part of power developers. Not a single bid was put in in ...

AUG 29 2017

Salary hikes, arrears to put pressure on Coal India profit this year

  • Debjoy Sengupta, ETEnergyWorld / Kolkata, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Coal India’s profit may come under pressure this year as the company will have to cough up more than the amounts provisioned for salary increases and arrears. Going by ...

AUG 29 2017

Diplomatic talks on with U.S. for India's NSG bid

  • ANI, ETEnergyWorld / Washington, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Hectic negotiations are on between the United States and the Indian officials on the issue of New Delhi's membership bid to the Nuclear Suppliers Group. The diplomatic talks ...

AUG 29 2017

Adani says to start Australian coal mine with own funds

  • Reuters, ETEnergyWorld / Sydney, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Adani Enterprises said on Monday it will start work in October on its Carmichael coal project in Australia using A$400 million ($317 million) of its own funds, even as it looks to ...

AUG 29 2017

SBI led consortium to sell 51 per cent stake in Odisha power plant

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

  A consortium of lenders led by State Bank of India has invited bids to sell 51 per cent stake in Jindal India Thermal Power Ltd (JITPL) located in Odisha. JITPL, a B C ...

AUG 29 2017

Tata Power Renewable boosts generation capacity by four-fold

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

  Tata Power today said its renewable energy arm enhanced the generation capacity by over four-fold last fiscal. Tata Power Renewable Energy Ltd (TPREL) generated 1,440 ...

AUG 29 2017

Indian Energy Exchange all powered up to launch IPO by December

  • Rachita Prasad, ETEnergyWorld / Mumbai, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Private equity-backed Indian Energy Exchange (IEX) aims to hit the capital market with its initial public offering before December, which would make it the first energy exchange to ...

AUG 29 2017

Power companies refrain from bidding for Gujarat's low-cost electricity

  • Rachita Prasad, ETEnergyWorld / Mumbai, 29th August 2017 Published on : 29th August 2017
  • Created:Tue 29th AUG 2017

  Power generators stayed away from bidding for Gujarat government’s tender to acquire 1,000 MW of cheap electricity by selling coal at lower rates after the government allowed ...