power utilities

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 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 |

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 |

Citizens’ group opposes sub-panel on Tipaimukh dam


August 30th, 2012 - 3:32 pm ICT by IANS
Imphal, Aug 30 (IANS) A citizens' group Thursday opposed the formation of an India-Bangladesh joint sub-group on Manipur's Tipaimukh power project.The mega-power project, one of the largest in northeastern India, ... Read more...

Posted in Business |

Coal India achieves 95 percent of targetted supply to power sector


August 27th, 2012 - 7:46 pm ICT by IANS
New Delhi, Aug 27 (IANS) Coal India Ltd (CIL) has achieved 95 percent of its supply target to the power sector, Pratik Prakashbapu Patil, minister of state for coal said ... Read more...

Posted in Business |

No final decision on fuel supply agreement: Coal India


August 14th, 2012 - 1:00 am ICT by IANS
Kolkata, Aug 13 (IANS) State-run Coal India Limited, the country's largest coal miner, said its board Monday reviewed the changes in the model fuel supply agreement (FSA) to be signed ... Read more...

Posted in Business |

Southern power grid safe from tripping (Lead)


August 2nd, 2012 - 9:02 pm ICT by IANS
Bangalore, Aug 2 (IANS) Unlike India's northern, eastern and northeastern power grids which collapsed this week, the state-run Karnataka Power Corp Ltd (KPCL) Thursday said the southern power grid was ... Read more...

Posted in Business |

‘Southern power grid safe from tripping’


August 2nd, 2012 - 7:03 pm ICT by IANS
Bangalore, Aug 2 (IANS) Unlike the country's northern, eastern and northeastern power grids which collapsed early this week, the state-run Karnataka Power Corporation Ltd (KPCL) Thursday claimed that the southern ... Read more...

Posted in Business |

Haryana asks centre to probe grid failure


August 1st, 2012 - 11:00 pm ICT by IANS
Chandigarh, Aug 1 (IANS) A day after it was named as one of the four states which had overdrawn power from the national grid leading to a major failure, the ... Read more...

Posted in Politics |

CEA to help state power utilities become energy efficient


July 26th, 2012 - 6:13 pm ICT by IANS
Hyderabad, July 26 (IANS) The Central Electricity Authority (CEA) is drafting a scheme to help state power utilities with interest subsidy or additional electricity allocation to enable them meet energy ... Read more...

Posted in Business |

Table CAG report on coal in parliament: CPI-M


March 22nd, 2012 - 7:47 pm ICT by IANS
New Delhi, March 22 (IANS) The Communist Party of India-Marxist (CPI-M) Thursday asked the government to table in parliament a CAG report that has alleged huge losses to the ... Read more...

Posted in Politics |

Bengal minister to visit New Delhi over coal blocks allocation


March 6th, 2012 - 12:22 am ICT by IANS
Kolkata, March 5 (IANS) West Bengal Industries Minister Partha Chatterjee is to visit New Delhi to expedite allocation of coal blocks for the state needed for power utilities and ... Read more...

Posted in Business |

Coal India sets production target of 464 mn tonnes (Lead)


February 17th, 2012 - 10:05 pm ICT by IANS
Kolkata, Feb 17 (IANS) State-run Coal India Limited (CIL) has set a production target of 464 million tonnes in the next fiscal year and it will make a capital expenditure ... Read more...

Posted in Business |

APGENCO bags power award


November 25th, 2011 - 10:31 pm ICT by IANS
Hyderabad, Nov 25 (IANS) The state-owned Andhra Pradesh Power Generation Co Ltd (APGENCO) has bagged the India power award 2011 for overall utility performance-generationAPGENCO won the award for the third ... Read more...

Posted in Business |

Coal India steps up supplies to power sector


October 22nd, 2011 - 9:59 pm ICT by IANS
Kolkata, Oct 22 (IANS) State-run Coal India Limited (CIL) increased coal dispatches to power utilities across the country by 28 percent during the period Oct 11-20, the company claimed Saturday.The ... Read more...

Posted in Business |

Government assures availability of coal to power plants


October 13th, 2011 - 7:38 pm ICT by IANS
New Delhi, Oct 13 (IANS) The government said Thursday it would take appropriate measures to ensure greater availability of coal to power plants as electricity shortage worsened across the country."To ... Read more...

Posted in Business |

IT market to reach $51 bn by 2014: Study


June 14th, 2011 - 9:55 pm ICT by IANS
Bangalore, June 14 (IANS) The Indian IT services and products market is expected to grow at 17 percent till 2014, a research study said Tuesday.According to the study brought out ... Read more...

Posted in Business |

Wartsila India wants to sell gensets to power utilities


June 10th, 2011 - 12:37 am ICT by IANS
Chennai, June 9 (IANS) Diesel engine-maker Wartsila India Ltd. will focus on power utilities as a strategy to increase the demand for its gensets, a top company official said Thursday.Speaking ... Read more...

Posted in Business |

Civic amenities arranged at Ramdev’s fast site: Dikshit


June 3rd, 2011 - 5:48 pm ICT by IANS
New Delhi, June 3 (IANS) The Delhi government will provide all the basic amenities at the Ramlila Ground where Baba Ramdev plans to start his fast from Saturday, Chief Minister ... Read more...

Posted in Politics |

Coal India’s net profit up by 12.94 pc in FY11


May 25th, 2011 - 11:38 pm ICT by IANS
Kolkata, May 25 (IANS) Coal India Limited (CIL), a Maharatna public sector undertaking, Wednesday announced that it has posted a profit after tax (PAT) of Rs.10,867.32 crore last fiscal compared ... Read more...

Posted in Business |

State-run firms in Karnataka incur Rs.865 crore losses: CAG


March 15th, 2011 - 12:06 am ICT by IANS
Bangalore, March 14 (IANS) Twentysix state-run undertakings in Karnataka incurred a cumulative loss of Rs.865 crore during fiscal 2009-10, an audit report of the Comptroller and Auditor General (CAG) has ... Read more...

Posted in Politics |

Renewable energy next big thing: World Bank


February 11th, 2011 - 10:02 pm ICT by IANS
Mumbai, Feb 11 (IANS) Renewable energy is set to be the next big technology industry, with the potential to transform the trillion dollar energy industry across the world, World Bank said in ... Read more...

Posted in Business |

REC gets RBI nod to raises FII stake limit to 35 percent


October 1st, 2010 - 5:01 pm ICT by IANS
New Delhi, Oct 1 (IANS) State-owned Rural Electrification Corporation (REC) said Friday it has got approval from the Reserve Bank of India to raise the foreign institutional investor stake limit in the ... Read more...

Posted in Business |

Generate power, don’t pay tariff


September 12th, 2010 - 6:36 pm ICT by IANS
Chandigarh, Sep 12 (IANS) Consumers in Haryana who generate their own electricity from solar or captive power plants will get a three-year tax holiday, it was announced here Sunday. The Haryana Power Utilities ... Read more...

Posted in Business |

Spanish miners stay underground to demand pay arrears


September 9th, 2010 - 12:30 pm ICT by IANS
Madrid, Sep 9 (IANS/EFE) Two groups of Spanish coal miners are staging protests by refusing to surface from mines to demand payment of back salaries and a lasting solution to the problems ... Read more...

Posted in Business |

Eight women electrocuted in Haryana, four injured (Lead, Changing dateline)


August 28th, 2010 - 7:36 pm ICT by IANS
Nuh (Haryana), Aug 28 (IANS) Eight women, including two girls, were electrocuted and four others were injured in a Haryana village Saturday morning when a high-tension wire fell on the vehicle in ... Read more...

Posted in Uncategorized |

Power sector losses unsustainable: PM


July 24th, 2010 - 4:55 pm ICT by IANS
New Delhi, July 24 (IANS) Hinting that hugely subsidised power to farmers was hindering the growth of the energy sector and making it unsustainable, Prime Minister Manmohan Singh Saturday urged all ... Read more...

Posted in Business |

NTPC, NPCIL ink JV deal to set up nuclear power plants


April 27th, 2010 - 9:55 pm ICT by IANS
New Delhi/Mumbai, April 27 (IANS) State-owned power utilities NTPC and Nuclear Power Corporation Tuesday inked a deal here to set up a joint venture to construct two nuclear power projects with the ... Read more...

Posted in Business |

Haryana power corporation doubles incentives to staff


March 31st, 2010 - 9:48 pm ICT by IANS
Chandigarh, March 31 (IANS) Haryana Power Generation Corporation Limited (HPGCL) will give its employees incentives to keep them motivated to achieve production targets, a company official said here Wednesday. "We have approved the ... Read more...

Posted in Business |

India’s power production falls short by 2.7 percent


March 12th, 2010 - 7:18 pm ICT by ANI
New Delhi, Mar 12 (ANI): The Union Government on Friday said that electricity generation in the country is running 2.7 percent short of the set target of 720.88 Billion Units in the ... Read more...

Posted in National |

Power Minister Shinde to give away awards for performance in power sector


January 29th, 2010 - 1:28 pm ICT by ANI
New Delhi, Jan 29 (ANI): Union Power Minister Sushilkumar Shinde will give away the National Awards for meritorious performance in power sector here today.The scope of the scheme was enlarged with a ... Read more...

Posted in National |

Infosys bags IT project from Karnataka power utilities


December 24th, 2009 - 6:51 pm ICT by IANS
Bangalore, Dec 24 (IANS) IT bellwether Infosys Technologies has bagged a multi-billion-rupee IT project from the state's power distribution utilities, a top official said Thursday. "Since Infosys emerged as the lowest bidder for ... Read more...

Posted in Business |

No privatisation of power utilities in Tamil Nadu


December 14th, 2009 - 9:08 pm ICT by IANS
Chennai, Dec 14 (IANS) Tamil Nadu Chief Minister M. Karunanidhi Monday declared that the Tamil Nadu Electricity Board (TNEB) and its two newly formed subsidiaries will not be privatised. Launching the Tamil ... Read more...

Posted in Business |

Rural Electrification Corp files draft prospectus


December 4th, 2009 - 3:22 pm ICT by IANS
Mumbai, Dec 4 (IANS) State-run Rural Electrification Corp (REC) Friday filed a draft red herring prospectus with the markets regulator for a follow-on public offer to offload 20 percent of the government's ... Read more...

Posted in Business |

Divestment not more than 10 percent in state firms: Pranab


December 1st, 2009 - 3:54 pm ICT by IANS
New Delhi, Dec 1 (IANS) Finance Minister Pranab Mukherjee Tuesday said the government was not seeking to divest more than 10 percent in state-run firms for now, but would do so ... Read more...

Posted in Business |

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