Power & Energy News Monthly Archive July 2018

JUL 20 2018

Peak power deficit in April-June at 0.7%, says Power Minister R K Singh

  • PTI, The Financial Express / New Delhi,20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Peak power deficit during April-June, 2018-19 was 0.7 per cent while overall electricity deficit stood at 0.6 per cent during the quarter, Parliament was informed today. As much as ...

JUL 20 2018

Indian developers are hoarding Chinese solar cells; heres the reason why

  • Bloomberg, The Financial Express / 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  India’s plan to cut imports of Chinese solar cells and modules by imposing a safeguard duty may have the opposite effect in the short run, according to ICBC International ...

JUL 20 2018

No new scheme to revive hydropower projects, says Govt

  • Twesh Mishra, The Hindu Business Line / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The Union Power Ministry is no longer looking at formulating a new scheme for reviving hydropower projects in the country. Minister of State (Independent Charge) for Power ...

JUL 20 2018

ReNew Power IPO likely to be deferred on muted investor appetite

  • Arijit Barman, ETEnergyWorld / Mumbai, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The high profile ReNew Power initial public offering (IPO) may have run into rough weather and is likely to get postponed after investors showed lukewarm appetite towards the ...

JUL 20 2018

India's import dependence for solar equipment over 90 per cent in last 3 fiscal years

  • PTI, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  India's import dependence for meeting its solar equipment demand was more than 90 per cent in past three financial years, Parliament was informed today. "As per the Report ...

JUL 20 2018

Uttar Pradesh government subsidises rooftop solar plants

  • Deepak Lavania, ETEnergyWorld / Agra, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  In order to make rooftop solar power plants more affordable to the people of Uttar Pradesh, the state government has announced an additional subsidy of Rs 15,000 per kilowatt (Kw) ...

JUL 20 2018

1 lakh households still without electricity connections in Nashik zone in Maha

  • AbhilashBotekar, ETEnergyWorld / Nashik, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Though the Maharashtra State Electricity Distribution Company Limited (MSEDCL) has succesfully supplied electricty to 41,647 lakh households in Nashik and Ahmednagar districts in ...

JUL 20 2018

Tripura power plant snag causes supply cut to Bangladesh

  • IANS, ETEnergyWorld / Agrtala, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The 726-MW gas-based power plant in Tripura is facing technical hiccups causing less supply to neighbouring Bangladesh, an official said here on Thursday.  "A ...

JUL 20 2018

NTPC to earn Rs 18,343 crore from Bangladesh power sales

  • Ankush Kumar, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  State-owned power generator NTPC will earn Rs 18,343 crore over 15 years through 2033 by selling electricity to Bangladesh, said power and renewable energy minister R K ...

JUL 20 2018

PM Narendra Modi slams previous UPA regime for shoddy work on electrification

  • PTI, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Prime Minister Narendra Modi today slammed the previous UPA regime for tardy implementation of its target to electrify all households, and said that his government will provide ...

JUL 20 2018

No power score: Telangana discoms 'moderate' on cost, billing

  • Koride Mahesh, ETEnergyWorld / Hyderabad, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  After the Comptroller and Auditor General (CAG) pointed out improper financial management on the part of Telangana State Southern Distribution Company Limited (TSSPDCL) in its ...

JUL 20 2018

Coal India arm and Railways to jointly invest Rs 15,000 cr in MP

  • DebjoySengupta, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Coal India subsidiary Northern Coalfields and Indian Railways are jointly investing around Rs 6,000 crore in Madhya Pradesh to lay new tracks and turn the existing ones into dual ...

JUL 20 2018

Godawari Power &Ispat; gets 1.15 lakh metric tonne of long-term coal supply

  • PTI, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Godawari Power &Ispat on Thursday said it has been awarded 1,15,900 metric tonne (MT) of long-term coal linkage to be used in its sponge iron unit in the recent auction of Coal ...

JUL 20 2018

Government may divest up to 10 per cent stake in Coal India

  • DebjoySengupta, ETEnergyWorld / Kolkata, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The Centre is likely to divest 5% to 10% of Coal India’s equity through an offer for sale in an effort to comply with the norm requiring listed companies to have at least 25% ...

JUL 20 2018

BPCL, IOC, Adani Gas and GAIL top bidders for CGD

  • FE Bureau, The Financial Express / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  BPCL has emerged the top individual bidder in the 9th round of bidding for city gas distribution (CGD) licences with bids for 53 geographical areas (GAs), followed by Indian Oil ...

JUL 20 2018

Capex Plan: ONGC spared buyback obligation

  • :PrasantaSahu, The Financial Express / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The government has exempted state-owned explorer ONGC from the twin obligations of buying back its own shares and issuing bonus shares in the current fiscal, a move that would help ...

JUL 20 2018

This deal with Russia will save India whopping Rs 9,500 crore; heres what Dharmendra Pradhan says

  • FE Online, The Financial Express / 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  At $7 per million British thermal unit, India made the cheapest deal with Russia for purchasing LNG, which will save India Rs 9,500 crore. On June 4, the first-ever cargo of LNG ...

JUL 20 2018

CSIR-National Physical Lab signs MoU with Hindustan Petroleum Corp

  • ANI, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  The Council of Scientific & Industrial Research (CSIR) - National Physical Laboratory (NPL) signed a MoU with Hindustan Petroleum Corporation Limited (HPCL) for indigenous ...

JUL 20 2018

Petrol and diesel prices set for a sharp drop

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 20th July 2018 Published on : 20th July 2018
  • Created:Fri 20th JUL 2018

  Petrol and diesel rates are set for a sharp drop after global crude oil prices tumbled nearly $7 a barrel in nine days. On Thursday, petrol and diesel were cheaper by 6 ...

JUL 20 2018

MERC dismisses individuals' review petition regarding compensation for transmission works by MSETCL

  • IEE Regulatory Compendium - Transmission |
  • Created:Fri 20th JUL 2018

  The Maharashtra Electricity Regulatory Commission (MERC) has dismissed a petition filed by individuals seeking revision of the District Collector Latur's order dated January 30, ...