Power & Energy News Monthly Archive May 2018

MAY 24 2018

CERC norms for renewable energy projects positive, need adequate transmission infra: ICRA

  • PTI, The Financial Express / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Power regulator CERC’s norms on inter-state connectivity for renewable energy (RE) projects are a positive for developers but adequacy of transmission infrastructure is ...

MAY 24 2018

CESC March quarter profit drops to Rs292 crore

  • Soumonty Kanungo, Live Mint / Kolkata, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Power utility provider CESC Ltd on Wednesday reported a marginal drop in its standalone net profit to Rs292 crore in the quarter ended March 2018, on the back of regulatory ...

MAY 24 2018

Modi to lay foundation stones for AIIMS, power plant in Jharkhand

  • IANS, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Prime Minister Narendra Modi will on Friday lay the foundation stones for several projects, including an All India Institute of Medical Sciences (AIIMS) and a 4,000mw super thermal ...

MAY 24 2018

Captive power players concerned over new draft rules for them

  • PTI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Captive power producers body ICPPA today said the new draft rules for them are against the spirit and provisions of Electricity Act 2003 and deepen the woes of NPA-hit power ...

MAY 24 2018

New norms may lead to group captive plants equity, shareholding rejig

  • Sarita C Singh, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Over 5,000 Megawatt of existing captive power projects may have to correct their equity and shareholding structures after the government proposed to tighten guidelines following ...

MAY 24 2018

Ease of power cuts clouds business climate in Maharashtra

  • Krishna Thevar, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Companies in Maharashtra’s Pune-Chakan belt, one of the most industrialised regions in the country, have faced more than 400 instances of power cuts in the past four years, ...

MAY 24 2018

Retrospective charges irk green power companies in Karnataka

  • Kaavya Chandrasekaran, ETEnergyWorld / Bengaluru, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Renewable energy developers in Karnataka are agitated over an order passed by the state power regulator imposing “transmission and wheeling charges” on them ...

MAY 24 2018

Cabinet approves MoUs with France, Morocco on clean energy

  • PTI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  The Cabinet today gave its ex-post facto approval to two separate memorandum of understandings (MoUs) with France and Morocco for cooperation in the field of renewable ...

MAY 24 2018

Adequacy of transmission infrastructure critical for sucess of RE norms

  • ETEnergyWorld, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  The latest Central Electricity Regulatory Commission (CERC) norms on inter-state transmission system (ISTS) for renewable energy projects is a positive for developers but the ...

MAY 24 2018

Govt accelerates exploration, drilling of coal in North East states

  • PTI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  The government has accelerated exploration and drilling of coal in the northeastern states of the country, according to a coal ministry official. The ministry of coal is ...

MAY 24 2018

Fuel price hike: Protests to be held across Mumbai against petrol price rise

  • PTI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Targeting the Narendra Modi-led government at the Centre over the fuel price hike, opposition Congress sought to know why the petrol-diesel rates have gone up despite a fall in ...

MAY 24 2018

GST on fuel price not possible until all state FMs agree: MoS Finance

  • ANI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  With prices of petrol and diesel soaring high, Minister of State (MoS) for Finance Shiv Pratap Shukla on Wednesday suggested that imposing Goods and Services Tax (GST) on fuel price ...

MAY 24 2018

UP cabinet approves proposal for piped cooking gas supply in state

  • Deepak Lavania, ETEnergyWorld / Agra, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  In a major step towards bringing natural gas pipeline directly to the kitchens, the state cabinet has cleared the proposal of Green Gas Limited (GGL), a joint venture between GAIL ...

MAY 24 2018

Fuel price hike: Protests against rise in petrol, diesel prices in Delhi

  • PTI, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Youth Congress activists today staged a protest against the steep rise in petrol and diesel prices near the Ministry of Petroleum and Natural Gas here, blaming the BJP-led Centre ...

MAY 24 2018

Fuel price hike: BJD to stage dharna outside Raj Bhavan in Odisha

  • Sujit Kumar Bisoyi, ETEnergyWorld / Bhubaneshwar, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  The BJD on Wednesday announced to stage dharna outside Raj Bhavan on May 28 opposing the Centre’s inaction to regulate prices of petrol and diesel. The party would ...

MAY 24 2018

Punjab fuel pump owners demand reduction in VAT on fuel

  • PTI, ETEnergyWorld / Chandigarh, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Fuel pump owners in Punjab today sought reduction in taxes on petrol and diesel, alleging that higher retail prices in the state have led to smuggling of fuel from Chandigarh, where ...

MAY 24 2018

No plans to reduce VAT on fuel, indicates Gujarat deputy chief minister

  • PTI, ETEnergyWorld / Ahmedabad, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  The Gujarat government on Wednesday indicated that it has no immediate plans to reduce the Value Added tax (VAT) on petrol and diesel, claiming that such tax revenue is the key ...

MAY 24 2018

Protests across Rajasthan over fuel price hike

  • TNN, ETEnergyWorld / Jaipur, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Congress protested across the state over rising prices of petrol and diesel on Wednesday. At some places, the party men burnt effigies of BJP leaders, while at other places they ...

MAY 24 2018

Petrol price breaches previous record of Rs 83 per liter in Patna

  • TNN, ETEnergyWorld / Patna, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  Breaching the previous records, petrol and diesel prices in Patna on Wednesday climbed to Rs83.01 and Rs72.99 per litre, respectively. The premium quality of petrol and diesel in ...

MAY 24 2018

RIL, Shell, ONGC told to pay $3.8 billion as governments share of PMT

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 24th May 2018 Published on : 24th May 2018
  • Created:Thu 24th MAY 2018

  India’s oil ministry has ordered Reliance Industries, Royal Dutch Shell and Oil & Natural Gas Corp to pay $3.8 billion as the increased share of the government’s ...