January,23,2019,Wednesday

​GOOD MORNING INDIA!

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

LATEST NEWS

Trapped Miners: Search Teams Draw A Blank

Trapped Miners: Search Teams Draw A Blank

Three days since 13 miners were trapped in a rat-hole coal mine in the East Jaintia Hills, feared dead by now, efforts to trace them have been fruitless so far.

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MOST NOTABLE STORIES OF THE WEEK

India, France review pact to build nuclear reactors

India, France review pact to build nuclear reactors

India and France on Saturday reviewed the progress of a preliminary pact to build six nuclear power plants producing 10 gigawatts of energy to power Asia’s third-largest economy.

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Household electrification under Saubhagya to be completed be completed before March deadline: R K Singh

Household electrification under Saubhagya to be completed be completed before March deadline: R K Singh

Complete household electrification in the country under the Rs 16,320 crore Saubhagya scheme would be completed latest by February, ahead of the March deadline, Power Minister R K Singh said Friday.

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Adani to adjust swollen bills of 40,000 Mumbai consumers

Adani to adjust swollen bills of 40,000 Mumbai consumers

Following persistent hue and cry by the public, and intervention by the Maharashtra Electricity Regulatory Commission (MERC), Adani Electricity Mumbai Limited (AEML) has begun the process of adjusting the excess money charged to consumers.

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ADB to Invest $155 Million in B.Grimm Power’s Green Bonds for Solar Projects in Thailand

ADB to Invest $155 Million in B.Grimm Power’s Green Bonds for Solar Projects in Thailand

The Asian Development Bank (ADB ) has announced that it will invest 5 billion Thai baht ($155 million) in one of Thailand’s largest private power producers, B.Grimm Power through 5-year and 7-year green bonds.

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'Value of India's coal imports up 38% at Rs 1.38 lakh cr in FY18'

'Value of India's coal imports up 38% at Rs 1.38 lakh cr in FY18'

India's coal imports rose by 38.2 per cent to Rs 1,38,477 crore in monetary terms last fiscal, Parliament was informed on Wednesday. In quantity terms, the coal imports increased by 9.1 per cent to 208.27 million tonnes (MT) from 190.95 MT.

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SBI, Axis, IndusInd in race for IL&FS sec arm

SBI, Axis, IndusInd in race for IL&FS sec arm

SBI, Axis Bank and IndusInd Bank have emerged three key bidders for IL&FS Securities Services (ISSL) and ISSL Settlement & Transaction Services — the twin capital market arms of the beleaguered infrastructure and financing group.

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Actis in talks to buy solar assets of Shapoorji for $200 million

Actis in talks to buy solar assets of Shapoorji for $200 million

Private equity firm Actis is in advance talks to acquire alternative power assets of Shapoorji Pallonji Group for about $200 million as the emerging market-focused investment firm looks to ramp up its renewable energy capacity in the country.

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India's energy sector at crossroads

India's energy sector at crossroads

It is my belief that the energy sector in India is truly at a crossroads. Some of the challenges, including on commodity prices, have global dimensions. Others though are uniquely Indian. Addressing the challenges could help leapfrog the

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Cancelled coal mines: Production still far below FY15 level

Cancelled coal mines: Production still far below FY15 level

About fifty months after the Supreme Court cancelled 204 captive coal block licences saying these were allocated in an illegal and arbitrary manner, production from the blocks are far below the level before the court’s decision.

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