Power & Energy News Monthly Archive June 2018

JUN 04 2018

Kochi-Koottanad KKBMPL project: Gas pipeline launch to yield solid gains

  • Rajesh Ravi, The Financial Express / 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  After much delay and controversy, the Kochi-Koottanad-Bengaluru-Mangalore Pipeline project (KKBMPL) is ready for take-off, with the Kochi-Koottanad (Thrissur) stretch of the ...

JUN 04 2018

Fuel price hike: Goyal says revenue in lean crude market being invested in dev projects

  • ANI, ETEnergyWorld / Jodhpur, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Union Minister Piyush Goyal has said that the revenue earned by his government during low crude prices in the International market, is being invested in various developmental ...

JUN 04 2018

India to import first Russian LNG tomorrow under long term deal

  • PTI, ETEnergyWorld / New Delhi, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  India will tomorrow import its first ever cargo of LNG from Russia under a long-term deal as the world's fourth-largest buyer of liquefied natural gas (LNG) diversifies its import ...

JUN 04 2018

Coal India to pilot new billing system with NTPC

  • PTI, ETEnergyWorld / New Delhi, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Coal India Ltd will try out a new customer-friendly billing system for consumers with state-owned power major NTPC on a pilot basis, in line with a global quality practice ...

JUN 04 2018

No work, no pay for workers caught drunk inside coal mines

  • N K Agrwal, ETEnergyWorld / Ramgarh, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Central Coalfields Limited (CCL), a subsidiary of the state-owned Coal India Limited (CIL), has launched a testing procedure to monitor alcohol addiction among its employees. Every ...

JUN 04 2018

Reduction in price offered per unit of solar power a demotivating factor

  • Times News Network, ETEnergyWorld / Mysuru, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  The drastic reduction in the price offered per unit of solar power generated by households, and other institutions, appears to have made adopting this sustainable mode of energy an ...

JUN 04 2018

No respite for Mumbai residents as power outage continued on day 3

  • B B Nayak, ETEnergyWorld / Navi Mumbai, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  For the third consecutive day, residents continued to face erratic power supply due to technical snag in the supply system of MSEDCL. Water supply as well as traffic movement were ...

JUN 04 2018

THDC to float Rs 8,000 crore tender for Khurja thermal power plant

  • PTI, ETEnergyWorld / New Delhi, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Foraying into thermal power segment, state-run THDC India will float Rs 8,000 crore tender this month for providing main package for its 1320 MW coal-based Khurja project, which ...

JUN 04 2018

Solar rooftop growth slow; 40GW by 2022 hard to achieve: Experts

  • PTI, The Financial Express / Mumbai, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  The growth in the solar rooftop segment has not been significant, and the government may find it difficult to achieve the target of installing 40 gigawatt (GW) of capacity by 2022, ...

JUN 04 2018

Thermal power plants in Gujarat may face closure on coal shortage, says GSECL official

  • PTI, The Financial Express / Vadodara, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Thermal power plants in the state are not getting adequate supply of coal and could face closure, leading to power shortage, if immediate steps are not taken, a senior GSECL ...

JUN 04 2018

IEA praises India for improvement in access to energy

  • M Ramesh, The Hindu Business Line / Chennai, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  India’s efforts in providing energy access to those without it have come in for praise by the International Energy Agency (IEA). “India is clearly a success ...

JUN 04 2018

Power Finance CMD sees turnaround in stressed power assets in 2-3 years

  • Tanya Thomas, Live Mint / Mumbai, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  As power demand increases and old thermal plants are phased out, even stranded power projects with coal linkages will see a turnaround, a top official at Power Finance Corp. Ltd ...

JUN 04 2018

Greenko Group buys Orange Renewable at billion-dollar valuation

  • Utpal Bhaskar, Live Mint / Hyderabad, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Greenko Group has agreed to buy Orange Renewable from Singapore’s AT Capital Group at an enterprise value of $1 billion, Greenko Group founder Mahesh Kolli ...

JUN 04 2018

Government may cut stake in state-run companies to 49 per cent

  • Yogima Seth Sharma, ETEnergyWorld / New Delhi, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  The government is readying a roadmap to lower its stake in all central public sector enterprises (CPSEs) to 49% in three years, except for those operating in sectors of strategic ...

JUN 04 2018

Depreciated power assets must result in tariff reduction, proposes new tariff policy

  • Sarita Singh, ETEnergyWorld / New Delhi, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  Power companies may not be able to avail themselves of benefits on assets which have completed their useful life. Draft amendment to the National Tariff Policy 2016 proposes ...

JUN 04 2018

Centre releases Rs 8,000 crore for power sector in Jammu and Kashmir

  • PTI, The Financial Express / Jammu, 4th June 2018 Published on : 4th June 2018
  • Created:Mon 04th JUN 2018

  The Centre has released Rs 8,000 crore to boost power sector in the state, power minister Sunil Sharma said today, assuring improvement in the electricity supply in coming ...