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November,14,2018,Wednesday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

Coal Shortage Shuts Down Another Unit At RTPS

Coal Shortage Shuts Down Another Unit At RTPS

With the shutting down of yet another unit on Saturday, the Raichur Thermal Power Station (RTPS) has closed four power generating units this week owing to shortage of coal.

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MOST NOTABLE STORIES OF THE WEEK

Essar Steel creditors declare ArcelorMittal as highest bidder at Rs 42,000 crore

Essar Steel creditors declare ArcelorMittal as highest bidder at Rs 42,000 crore

The committee of creditors of Essar Steel on Friday declared ArcelorMittal as the highest bidder for the bankrupt Essar Steel, pipping Anil Agarwal’s Vedanta Group. In the second round of bids, ArcelorMittal had offered upfront Rs 35,000 crore

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Buy GE Power India, Says Rupak De

Buy GE Power India, Says Rupak De

GE Power India after a steep correction has witnessed a breakout from its falling wedge pattern on the daily timeline.

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Gurdeep Singh assumes additional charge as DVC chairman

Gurdeep Singh assumes additional charge as DVC chairman

The government has given NTPC Chairman and Managing Director (CMD) Gurdeep Singh the additional charge of Chairman, Damodar Valley Corporation (DVC). DVC is a power utility jointly owned by the center and the state governments

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Reliance Industries Q2 net profit up 0.3% to Rs 9,516 crore QoQ

Reliance Industries Q2 net profit up 0.3% to Rs 9,516 crore QoQ

India’s biggest company, Reliance Industries Ltd (RIL), has reported 0.3 percent rise in quarterly profit. Reliance, controlled by India’s richest man, Mukesh Ambani, said its second-quarter profit for the quarter ended September 30 was Rs 9,516 crore.

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Govt Looks At Proposal To Bid Out UMPPs To Meet Rising Power Demand

Govt Looks At Proposal To Bid Out UMPPs To Meet Rising Power Demand

The government is examining a proposal to bid out UMPPs to meet the rising power demand in the country, Power Minister R K Singh said Tuesday.

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Himachal Pradesh govt to buy 30 electric buses

Himachal Pradesh govt to buy 30 electric buses

The Himachal Pradesh government will soon purchase 30 electric buses to run on various routes in Shimla town, State Transport Minister Govind Singh Thakur said.

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MSEDCL detects 58,000 power thefts, mops up Rs 123 crore in 6 years

MSEDCL detects 58,000 power thefts, mops up Rs 123 crore in 6 years

The Right to Information has revealed that Maharashtra State Electricity Distribution Co Ltd (MSEDCL) has witnessed a spurt in power theft cases as it detected 58,000 cases across the state in the past six years.

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Delhi: Badarpur Coal Plant Shut, Diesel-generator Sets Out As Part Of Emergency Response

Delhi: Badarpur Coal Plant Shut, Diesel-generator Sets Out As Part Of Emergency Response

After over a week of air quality swinging between 'poor' and 'very poor' on the measuring index, emergency response measures will be pressed into action today.

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How India can better its renewable energy game

How India can better its renewable energy game

Alternate energy has a strange relationship with the price of fossil fuels. It has been observed that when the price of crude goes up sharply, the debate over the need to shift to alternate fuels becomes the most vociferous.

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