Coal India ready to sign modified FSA with power firms
September 18th, 2012 - 11:43 pm ICT by IANS
Kolkata, Sep 18 (IANS) Public sector Coal India Limited (CIL), the world's largest coal miner, Tuesday said it is now ready to sign the modified Fuel Supply Agreement (FSA) with ... Read more...
Posted in Business |
Coal India to invest Rs.40,000 crore in 12th Plan
September 12th, 2012 - 9:53 pm ICT by IANS
New Delhi, Sep 12 (IANS) State miner Coal India Ltd (CIL) said Wednesday the company was committed to investing Rs.40,000 crore in the 12th Plan period (2012-17)."Capital investment plan for ... Read more...
Posted in Business |
Ambani seeks higher power tariff to ensure industry’s health
September 4th, 2012 - 7:35 pm ICT by IANS
Mumbai, Sep 4 (IANS) Power tariffs in India will have to go up to reflect the cost it takes to produce electricity and the health of producing companies, Reliance Power ... Read more...
Posted in Business |
Reliance Power starts production at Sasan mines
September 3rd, 2012 - 6:15 pm ICT by IANS
Mumbai, Sep 3 (IANS) Reliance Power has begun mining coal from Sasan blocks in Madhya Pradesh six months ahead of schedule, the company said Monday. It targets raising the output ... Read more...
Posted in Business |
Coal India board okays new fuel supply agreement model
September 1st, 2012 - 12:18 am ICT by IANS
Kolkata, Aug 31 (IANS) The board of state-run Coal India Ltd (CIL) has cleared the cost plus model for fuel supply agreements (FSAs) with power firms but asked the coal ... Read more...
Posted in Business |
Solar grid parity by 2017, says ministry
August 30th, 2012 - 9:45 pm ICT by IANS
New Delhi, Aug 30 (IANS) Power produced by solar plants will be sold at the same price as that from conventional sources like coal by 2017, a power ministry official ... Read more...
Posted in Environment |
Coal India approves 80 percent trigger point for supplies
July 31st, 2012 - 10:53 pm ICT by IANS
Kolkata, July 31 (IANS) The board of Coal India Ltd (CIL), the world's largest coal miner, Tuesday approved supplying coal to a minimum 80 percent of contracted fuel to power ... Read more...
Posted in Business |
Hydro-power key to India’s energy security: Study
June 21st, 2012 - 7:04 pm ICT by IANS
Mumbai, June 21 (IANS) With coal supply remaining erratic and controversies dogging nuclear energy, hydro-power could hold the key to India's energy security and put an end to power cuts, ... Read more...
Posted in Business |
Tamil Nadu to annul Udangudi power joint venture soon
June 18th, 2012 - 4:43 pm ICT by IANS
Chennai, June 18 (IANS) The 1,600 MW joint venture power project between Tamil Nadu Electricity Board (TNEB) and power equipment maker Bharat Heavy Electricals Ltd (BHEL), planned at Udangudi in ... Read more...
Posted in Business |
Tamil Nadu hopes to save Rs.900 crore in Udangudi project
February 29th, 2012 - 10:03 pm ICT by IANS
Chennai, Feb 29 (IANS) The Tamil Nadu government's decision to have the state electricity board implement the 1,600 MW power project at Udangudi in Tuticorin district would result in saving ... Read more...
Posted in Business |
Udangudi Power project may not need fresh environment assessment
February 27th, 2012 - 7:07 pm ICT by IANS
Chennai, Feb 27 (IANS) The Tamil Nadu government's decision to have the state electricity board implement the 1,600 MW power project at Udangudi in Tuticorin district may not necessitate another ... Read more...
Posted in Environment |
Tamil Nadu scraps power joint venture, BHEL surprised (Lead)
February 24th, 2012 - 7:24 pm ICT by IANS
Chennai, Feb 24 (IANS) Taking the state-owned Bharat Heavy Electricals Ltd. (BHEL) by surprise, Tamil Nadu Chief Minister J. Jayalalithaa Friday scrapped the 1,600 MW power joint venture with ... Read more...
Posted in Business |
Tamil Nadu scraps power joint venture with BHEL
February 24th, 2012 - 3:22 pm ICT by IANS
Chennai, Feb 24 (IANS) Tamil Nadu Chief Minister J. Jayalalithaa Friday scrapped the 1,600 MW power project joint venture with Bharat Heavy Electricals Limited (BHEL) and announced that the government ... Read more...
Posted in Uncategorized |
Fuel shortage can hit power sector: Report
January 19th, 2012 - 9:44 pm ICT by IANS
New Delhi, Jan 19 (IANS) Low fuel availability and a rise in input prices caused by dependence on imported coal could continue to bog the Indian power sector in ... Read more...
Posted in Business |
Coal shortage could hit hard power projects
October 9th, 2011 - 6:21 pm ICT by IANS
New Delhi, Oct 9 (IANS) Uncertain coal supply from mines in the country and problems in importing fuel could lead to massive shortageS for Indian power plants and result in ... Read more...
Posted in Business |
Lanco bags project to mine, operate coal block in Chhattisgarh
August 3rd, 2011 - 11:29 pm ICT by IANS
New Delhi, Aug 3 (IANS) Infrastructure major Lanco Infratech Limited (LITL) Wednesday said it has bagged a project to mine and operate Gare Pelma II coal block in Raigarh district, ... Read more...
Posted in Business |
Coal consumers body demands price roll back
April 19th, 2011 - 11:14 pm ICT by IANS
Kolkata, April 19 (IANS) The Coal Consumers' Association of India (CCAI) Tuesday said the recent price hike in coal by Coal India Limited would hit major sectors of the economy, ... Read more...
Posted in Uncategorized |
Reliance Power concludes India’s largest fundraiser
September 28th, 2010 - 2:14 pm ICT by IANS
Mumbai, Sep 28 (IANS) Top private energy-generation firm Reliance Power Tuesday said it has successfully concluded India's largest fundraising exercise by any company worth Rs.50,000 crore ($11.1 billion) to finance 10,000 MW ... Read more...
Posted in Business |
Reliance Power to raise capacity to 5,000 MW in 24 months
September 28th, 2010 - 12:39 pm ICT by IANS
Mumbai, Sep 27 (IANS) Reliance Power, a part of the Anil Dhirubhai Ambani Group, Tuesday said it will raise its installed power-generation capacity manifold over the next 24 months to touch 5,000 ... Read more...
Posted in Business |
Sriprakash Jaiswal says efforts will be stepped up to locate coal
September 24th, 2010 - 5:41 pm ICT by ANI
New Delhi, Sep 24 (ANI): Minister of State for Coal Sriprakash Jaiswal on Friday said the Government is actively considering to enhance the borehole density for coal exploration from the existing 1.5 ... Read more...
Posted in National |
Coal blocks to be allocated through auction
June 24th, 2009 - 9:24 pm ICT by IANS
Kolkata, June 24 (IANS) Coal blocks will be allocated to various sectors through the auction process, Coal Minister Sriparakash Jaiswal said here Wednesday.
"For this, the concerned Act will be amended," the minister ... Read more...
Posted in Business |
Domestic coal prices will not fall further: Coal India
January 15th, 2009 - 8:15 pm ICT by IANS
Kolkata, Jan 15 (IANS) Domestic coal will not get any cheaper, India's largest coal company said here Thursday."International prices may fall depending on demand but domestic prices won't fall further as it ... Read more...
Posted in Uncategorized |