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December,11,2018,Tuesday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

New Energy Policy Will Get Cabinet Nod Soon

New Energy Policy Will Get Cabinet Nod Soon

The New Energy Policy (NEP) has been finalised by government think-tank Niti Aayog and is likely to get Cabinet nod this month, sources have said.

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MOST NOTABLE STORIES OF THE WEEK

‘Electric vehicles likely to take commercial route first’

‘Electric vehicles likely to take commercial route first’

Even as the government aims to promote electric vehicles (EVs) in the country, initially it will not be private vehicles, but commercial vehicles that will driveEV mobility in the country, according to a top official of Ashok Leyland.

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Bhushan Power lenders plan to call fresh bids

Bhushan Power lenders plan to call fresh bids

Lenders have decided to call fresh bids for bankrupt Bhushan Power & Steel after one of the bidders JSW SteelNSE 3.51 % revised its offer up by 60% this week to Rs 18,000 crore, two senior officials who did not want to be named said.

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India's 2017-18 Thermal Coal Imports Up Eight Percent, Says Government Data

India's 2017-18 Thermal Coal Imports Up Eight Percent, Says Government Data

India's thermal coal imports rose by 8 percent and coking coal imports by about 13 percent for the year to March 31, government data showed.

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Coal India may limit supply to power plants with large stock

Coal India may limit supply to power plants with large stock

State-owned Coal India is exploring the possibility of restricting fuel supplies to power plants saddled with large stocks but operating at low capacity utilisation.

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Private power producers allege CIL selling more coal through e-auctions

Private power producers allege CIL selling more coal through e-auctions

Private power producers have alleged that Coal India is selling increased quantities of coal through e-auctions and have sought to stop e-auction sales till the company’s supply obligations to the power sector to generate low cost power are met.

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Illegal Mining In Gonda Has Caused Royalty Loss Of Rs 93.04 Cr: Panel Tells NGT

Illegal Mining In Gonda Has Caused Royalty Loss Of Rs 93.04 Cr: Panel Tells NGT

Illegal mining in Gonda district of Uttar Pradesh has caused a loss of royalty of Rs 93.04 crore to the state government, the National Green Tribunal has been told by a committee constituted by it.

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Adani Group Sees Six-fold Rise In Coal Mining Volumes By End Of Financial Year 2021

Adani Group Sees Six-fold Rise In Coal Mining Volumes By End Of Financial Year 2021

India's largest coal trader, Adani Enterprises, expects an over six-fold rise in coal mining volumes by the end of fiscal year 2021, a group executive said on Tuesday.

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Massive 2.75 GW solar, wind, storage project approved in India

Massive 2.75 GW solar, wind, storage project approved in India

Recognised as a mega industrial project, the Greenko wind-solar hybrid project has been allotted around 4,766 acres of land. However, the company must complete the project within a period of four years (48 months), failing which the entire land will be handed back to the government of Andhra Pradesh.

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Soon, desi solar cells to power satellites in space

Soon, desi solar cells to power satellites in space

Giving a big push to the Modi government’s Make-in-India programme, Indian Space Research Organisation (Isro) has bought the technology for space solar cells from the US and will mass-produce them in the country with the help of the industry. Solar cells are needed to power a satellite in space and keep it functional till its lifespan.

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Bhutan

Truckers' Strike Costs India Rs10,000 Crore In 3 Days

The losses due to the all-India transporters’ strike crossed Rs 2,000 crore in Maharashtra as lakhs of trucks stayed off the road for the third consecutive day on Sunday.

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