March,25,2019,Monday

​GOOD MORNING INDIA!

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE SECTOR

LATEST NEWS

PSPCL Plans To Augment Its Installed Power Generation Capacity By Another 1,000 MW

PSPCL Plans To Augment Its Installed Power Generation Capacity By Another 1,000 MW

Buoyed by the financial gains made by selling surplus power worth Rs 976 crore in the open market from April till October, the Punjab State Power Corporation Limited (PSPCL) has put in place a plan to further augment its power generation capacity by another 1,000 MW.

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MOST NOTABLE STORIES OF THE WEEK

NABARD signs pact with GCF to infuse $100 mn for boosting solar power

NABARD signs pact with GCF to infuse $100 mn for boosting solar power

The National Bank for Agriculture and Rural Development (NABARD) on Saturday said it has signed an agreement with Green Climate Fund (GCF) to infuse $100 million into an ambitious project designed to unlock private sector

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Maharashtra’s MSEDCL to Procure 50 MW of Biomass Power Through Reverse Auction

Maharashtra’s MSEDCL to Procure 50 MW of Biomass Power Through Reverse Auction

The Maharashtra Electricity Regulatory Commission (MERC) has approved a petition filed by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) for the long-term procurement of 50 MW of biomass power

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PFC buyout of REC: How PSU sales may help Modi government to meet ambitious disinvestment target

PFC buyout of REC: How PSU sales may help Modi government to meet ambitious disinvestment target

Cabinet approval to the strategic sale of its nearly 53 percent stake in Rural Electrification (REC) to the Power Finance Corporation (PFC) will help the Modi government to move closer to its ambitious disinvestment target of Rs 80,000

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NHPC says declared as highest bidder for Lanco Teesta Hydro Power

NHPC says declared as highest bidder for Lanco Teesta Hydro Power

State-owned hydro power giant NHPC Thursday said it has been declared as the highest bidder by the creditor of debt-ridden Lanco Teesta Hydro Power.

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Outlook for port sector stable, rebound in coal volumes positive for players: ICRA

Outlook for port sector stable, rebound in coal volumes positive for players: ICRA

Terming rebound in coal volumes and steady progress on the Sagarmala project positive for Indian port sector players in the medium term, rating agency ICRA maintained stable year-end outlook for the port sector.

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Power regulator may tilt towards three-part structure for new multi-year tariffs

Power regulator may tilt towards three-part structure for new multi-year tariffs

The Central Electricity Regulatory Commission (CERC) is seriously considering opting for a three-part structure as against the current one of two while fixing the multi-year tariffs for 2019-24, according to sources familiar with the development.

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Delhi HC asks for original files of CBI probe in coal import over-pricing

Delhi HC asks for original files of CBI probe in coal import over-pricing

The Delhi High Court on Tuesday directed the Central Bureau of Investigation (CBI) to bring the original record and investigation files related to the preliminary enquiry (PE) and case registered against the alleged 'artificial over-pricing'

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Electricity bill set to rise in these 5 states as Gujarat gives power relief to Adani, Tata

Electricity bill set to rise in these 5 states as Gujarat gives power relief to Adani, Tata

The Gujarat government last week passed an order to allow thermal power plants owned by Adani, Tata and Essar groups to pass on the higher cost of coal to discoms, which means that ultimately consumers will bear the brunt of higher power tariffs.

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India to play constructive, balanced role in UN climate summit: Vardhan

India to play constructive, balanced role in UN climate summit: Vardhan

Indian Environment Minister Harsh Vardhan on Monday said the high level of greenhouse gas emission was a major concern and reaffirmed that India would play a "positive, constructive and balanced role" in the UN climate summit.

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