Coal India coal import plans face opposition
September 14th, 2012 - 1:42 pm ICT by IANS
Kolkata, Sep 14 (IANS) Coal India's plan to import coal following a government diktat has raised the hackles of workers' unions and former top officials of the state-run firm who ... Read more...
Posted in Business |
CAG raps GAIL for undue benefit to private power producers
September 4th, 2012 - 5:46 pm ICT by IANS
New Delhi, Sep 4 (IANS) India's official auditor Tuesday hauled up gas utility GAIL India for giving undue benefit of over Rs.246 crore to private power producers by supplying natural ... 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 |
India urgently needs power tariff increase, says ex-secretary
August 30th, 2012 - 4:54 pm ICT by IANS
New Delhi, August 30 (IANS) India needs graded doses of power tariff increase to ensure the sustainability of distribution companies, a senior power expert said here Thursday.Addressing the conference "Ensuring ... Read more...
Posted in Business |
Coal may have to be imported to meet power demand
August 12th, 2012 - 4:36 pm ICT by IANS
New Delhi, Aug 12 (IANS) State miner Coal India Ltd (CIL) believes 50 per cent of the demand for power-grade fuel by electricity producers may have to be ... Read more...
Posted in Business |
Coal India approves supply penalty clause
August 7th, 2012 - 9:30 pm ICT by IANS
New Delhi, August 7 (IANS) In a decision crucial to India's power generation capacity, Coal India Tuesday agreed to a revised penalty regime in case of shortfall in supplies to ... Read more...
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Validity of tariff order for wind plants extended
June 30th, 2012 - 11:13 pm ICT by IANS
Chennai, June 30 (IANS) The Tamil Nadu Electricity Regulatory Commission (TNERC) Saturday extended the validity of its earlier tariff order for wind, biomass and bagasse based co-generation energy plants till ... Read more...
Posted in Business |
Don’t scrap wind power banking: Manufacturers tell Tamil Nadu
June 28th, 2012 - 12:46 am ICT by IANS
Chennai, June 27 (IANS) The Indian Wind Turbine Manufacturers Association (IWTMA) has asked the Tamil Nadu government to call a meeting of stake-holders in wind energy sector in the state ... Read more...
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‘Tamil Nadu power corp wrong on wind power banking loss’
June 22nd, 2012 - 8:11 pm ICT by IANS
Chennai, June 22 (IANS) The Tamil Nadu Spinning Mills Association (Tasma) termed as "deceptive" the Tamil Nadu Generation and Distribution Corporation's (Tangedco) assumption of the loss it suffers offering ... Read more...
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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 |
Wind power banking in Tamil Nadu is unbankable: Tangedco
June 17th, 2012 - 1:29 pm ICT by IANS
Chennai, June 17 (IANS) The Tamil Nadu Generation and Distribution Corporation (TANGEDCO) wants power banking scrapped as around Rs.200 crore are being lost annually because of the the facility.Power banking ... Read more...
Posted in Business |
Coal India to ink fuel supply pact before April 20 (Lead)
April 16th, 2012 - 11:46 pm ICT by IANS
Kolkata, April 16 (IANS) Bringing relief to the country's power sector, Public sector Coal India Limited (CIL) Monday said it would sign a Fuel Supply Agreement (FSA) with power companies ... Read more...
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Coal India to ink fuel supply pact April 20
April 16th, 2012 - 10:48 pm ICT by IANS
Kolkata, April 16 (IANS) Public sector Coal India Limited (CIL) will sign a fuel supply agreement (FSA) with power companies by April 20, a top official said Monday.The government on ... Read more...
Posted in Business |
59 MoUs for power plants in Chhattisgarh
April 3rd, 2012 - 10:06 pm ICT by IANS
Raipur, April 3 (IANS) Chhattisgarh, which has roughly one-fifth of India's total known coal reserves, has signed 59 memoranda of understanding (MoUs) since January 2007 with various power plants, ... Read more...
Posted in Business |
Coal India ordered to sign fuel supply pact with power firms
April 3rd, 2012 - 9:23 pm ICT by IANS
New Delhi, April 3 (IANS) The government Tuesday ordered Coal India to sign fuel supply agreements (FSAs) with power producers committing at least 80 percent assured supply.A presidential directive issued ... Read more...
Posted in Business |
PMO ensures Coal India supplies adequate to power plants
February 15th, 2012 - 6:43 pm ICT by IANS
New Delhi, Feb 15 (IANS) With power producers clamouring for its intervention in ensuring coal supplies, the Prime Minister's Office Wednesday said it has asked state miner Coal India ... Read more...
Posted in Business |
China’s industrial profit goes up in 2011 (Lead)
February 3rd, 2012 - 2:17 pm ICT by IANS
Beijing, Feb 3 (IANS) China's industrial enterprises saw their profits increase 25.4 percent year-on-year to reach 5.45 trillion yuan ($863.68 billion) in 2011, the National Bureau of Statistics (NBS) said ... Read more...
Posted in Business |
Coal India asked to streamline supply to power producers
February 1st, 2012 - 9:02 pm ICT by IANS
New Delhi, Feb 1 (IANS) A governmental panel, headed by Pulok Chatterji, principal secretary to the prime minister, Wednesday directed Coal India to streamline supply so that production at ... Read more...
Posted in Business |
Coal India rolls back recent price hike
January 31st, 2012 - 8:21 pm ICT by IANS
New Delhi, Jan 31 (IANS) Following opposition from several users, state-owned Coal India (CIL) Tuesday decided to roll back the prices of the commodity it hiked earlier this month.CIL ... Read more...
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Private power producers apprise government of their woes
January 18th, 2012 - 8:01 pm ICT by IANS
New Delhi, Jan 18 (IANS) Private power producers Wednesday sought the government's intervention in ensuring smooth fuel supply for their plants.In a day-long exercise to apprise the government of ... Read more...
Posted in Business |
India can be a great power using more renewable energy
January 17th, 2012 - 7:55 pm ICT by IANS
New Delhi, Jan 17 (IANS) India can be a great power, ushering in a game changing third industrial revolution by utilising its renewable energy resources and collaborating with power ... Read more...
Posted in Business |
Chhattisgarh to add 1,500 MW power by 2012
November 22nd, 2011 - 3:40 pm ICT by IANS
Raipur, Nov 22 (IANS) Coal-rich Chhattisgarh will add 1,500 MW electricity by 2012 that will raise its power generation capacity to 3,424 MW from the current 1,924 MW, official sources ... Read more...
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Coal shortage leads to power outages across India (Roundup)
October 12th, 2011 - 10:04 pm ICT by IANS
New Delhi, Oct 12 (IANS) A severe shortage of coal has hit electricity output in the country and led to long and frequent power outages in many states, including ... Read more...
Posted in Business |
Nepal Maoists train guns on yet another Indian firm
December 11th, 2010 - 4:30 pm ICT by IANS
Kathmandu, Dec 11 (IANS) Continuing their policy of obstructing Indian investors, Nepal's former Maoist guerrillas Saturday trained their guns on yet another Indo-Nepal joint venture, threatening to bring it to a halt.The ... Read more...
Posted in Business |
India’s JSW buys Canadian coal company (Lead)
November 24th, 2010 - 5:28 pm ICT by IANS
By Gurmukh Singh
Toronto, Nov 24 (IANS) India Inc. made yet another foray into the resource-rich Canadian market with JSW Energy buying the Canadian coal company CIC Energy for $422 million, thereby giving ... Read more...
Posted in Business |
JSW buys Canadian coal company
November 24th, 2010 - 1:56 pm ICT by IANS
By Gurmukh Singh
Toronto, Nov 24 (IANS) India Inc. made yet another entry into resource-rich Canadian market, with JSW Energy buying the Canadian coal company CIC Energy for $422 million.The deal at $7.42 ... Read more...
Posted in Business |
India to install 400 million power saver lamps
September 21st, 2010 - 6:22 pm ICT by IANS
New Delhi, Sep 21 (IANS) India's Bureau of Energy Efficiency (BEE) is working on a plan to replace 400 million incandescent light bulbs with energy efficient compact fluorescent lamps (CFL) across the ... Read more...
Posted in Environment |
Pakistan announces policy to ease energy crisis
April 23rd, 2010 - 12:13 am ICT by IANS
Islamabad, April 22 (DPA) Pakistan's government Thursday announced measures to ease energy crisis that is fomenting public anger and threatening wider unrest.
The measures include temporary expansions of weekends for government employees, ... Read more...
Posted in Environment |
Scrap nuclear liability bill, says Left
March 13th, 2010 - 8:26 pm ICT by IANS
New Delhi, March 13 (IANS) The Left parties Saturday said they oppose the nuclear liability bill that seeks to cap and limit the liability for the operator of a nuclear plant ... Read more...
Posted in Politics |
Kashmir to fully tap hydro power
January 21st, 2010 - 6:46 pm ICT by IANS
Jammu, Jan 21 (IANS) Keeping Jammu and Kashmir's immense hydro energy potential in mind, the state is drawing up a comprehensive plan to put in place a three-track hydro power generation strategy ... Read more...
Posted in Business |
Solar mission to start with 1,300 MW, reach 20,000 by 2022
November 23rd, 2009 - 6:47 pm ICT by IANS
New Delhi, Nov 23 (IANS) India's solar mission will set up, in its first phase, 1,100 MW of solar power through the electricity grid and 200 MW off the grid, with the ... Read more...
Posted in Environment |
China follows Indian cue, enters Nepal’s hydropower sector
November 8th, 2009 - 4:08 pm ICT by IANS
By Sudeshna Sarkar
Kathmandu, Nov 8 (IANS) Nepal's northern neighbour China has picked up the cue from its business rival in the region India to gradually consolidate its toehold in this water-rich country's ... Read more...
Posted in Business |
Orissa drawing up plan to battle power shortage
October 15th, 2009 - 9:52 pm ICT by IANS
Bhubaneswar, Oct 15 (IANS) Orissa is faced with a grim power situation due to the scanty rainfall this year. The state government Thursday said it was drawing up a plan to meet ... Read more...
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Andhra allows private power producers to sell in open market
October 14th, 2009 - 2:02 pm ICT by IANS
Hyderabad, Oct 14 (IANS) The Andhra Pradesh government has permitted four private power producers to sell electricity in the open market, triggering fears that the energy shortage in the state would deepen.
The ... Read more...
Posted in Business |
Government urged to promote small scale solar projects
October 6th, 2009 - 5:25 pm ICT by IANS
New Delhi, Oct 6 (IANS) The government should encourage small scale solar energy projects in rural areas along with the big ticket projects if it wants to meet the ambitious target of ... Read more...
Posted in Business |