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October,16,2018,Tuesday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

NTPC Plans Boosting Utilisation Of Low-cost Power Plants

NTPC Plans Boosting Utilisation Of Low-cost Power Plants

Public sector power producer NTPC has decided to put power stations operating at lower cost to optimum use, keeping the power plants operating at comparatively higher cost at reserve shutdown.

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MOST NOTABLE STORIES OF THE WEEK

Coal offtake rises 9.5% to 247 mn tonnes in April-August, production up 12%

Coal offtake rises 9.5% to 247 mn tonnes in April-August, production up 12%

Coal offtake from Coal India Ltd (CIL) has risen by 9.5 per cent during April-August to 246.90 million tonnes (mt) from 225.43 mt in the same period of last year. Production of the dry fuel went up 12 per cent to 216.23 mt, marking a 12 per cent growth in the period.

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SoftBank Energy Cartelised To Jack Up Solar Tariffs: Minister

SoftBank Energy Cartelised To Jack Up Solar Tariffs: Minister

The Union Ministry of Power has accused SoftBank (SB) Energy of attempting to cartelise and drive up solar power tariffs at the 3,000 MW solar auction in July.

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Government may auction power contracts with coal supplies

Government may auction power contracts with coal supplies

The government plans to auction power supply contracts with attached coal supplies, ease norms to allow coal usage for short-term power contracts and put in place a payment mechanism to help power projects recover dues in time from state electricity distribution companie

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How India’s impressive electrification compares with South Asian nations

How India’s impressive electrification compares with South Asian nations

On 28 April, Prime Minister Narendra Modi announced that the country’s last village without electricity had been electrified. This is a stunning achievement and crowns a decade of efforts. But how does it compare to the rest of South Asia?

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Coal India could close 53 underground mines this fiscal

Coal India could close 53 underground mines this fiscal

Coal India, which is looking to rationalise its underground mines in view of safety and financial viability, could close about 53 such mines this year, its Chairman Anil Kumar Jha said on Wednesday.

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Government To Finalise Revamped Rules For Coal Mine Auctions

Government To Finalise Revamped Rules For Coal Mine Auctions

India is finalising revamped rules that govern coal auctions, an official said on condition of anonymity, as it aims to attract more bidders after poor response to recent auctions.

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Relief for 2 power projects; Madras HC stays insolvency proceedings

Relief for 2 power projects; Madras HC stays insolvency proceedings

Madras High Court has granted interim reprieve to two private power companies by staying insolvency proceedings against their stressed assets. Several other firms, meanwhile, are likely to approach the Supreme Court on Tuesday

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NTPC’s silence on stressed power plants must be appreciated

NTPC’s silence on stressed power plants must be appreciated

Writing for Mint last year, Prashant Jain, executive director and chief investment officer of HDFC Mutual Fund, said it was not easy to remain invested in equities for long periods. “Those who can simply sit still know its immense benefits,” wrote Jain.

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Mature Economies Accept Dependence On Coal-sourced Energy

Mature Economies Accept Dependence On Coal-sourced Energy

The rhetoric on turning the world into renewable energy-run planet is gradually going up in thin air.

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