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June,22,2018,Friday

LATEST AND WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

India To Start Building Ultra Supercritical Thermal Plant In 2019

India To Start Building Ultra Supercritical Thermal Plant In 2019

India will begin construction of an 800MW advanced ultra supercritical thermal power plant in 2019, which will run on an indigenous technology that is developed to reduce carbon emissions, said AK Bhaduri, director of Indira Gandhi Centre for Atomic Research, Kalpakkam, on Friday.

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Government May Allow Power Plants To Pass On Gear Expenses To Consumers

Government May Allow Power Plants To Pass On Gear Expenses To Consumers

The government may allow power plants to pass on their investments in equipment to meet stringent environmental norms to consumers, and such costs will not be included during preparation of dispatch order to ensure these plants remain competitive.

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Adani, Essel, Nalco, NEEPCO May Lock Horns Over Solar Tenders In Odisha

Adani, Essel, Nalco, NEEPCO May Lock Horns Over Solar Tenders In Odisha

The state government-sponsored bids for tenders of solar power projects in Odisha is likely to see stiff competition, as top-notch private developers and leading public sector undertakings (PSUs) compete in the bidding process.

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India Saved $15 Billion On Energy Subsidies In Past Two Years: Report

India Saved $15 Billion On Energy Subsidies In Past Two Years: Report

India has saved over $15 billion on energy subsidies in the past two years, on the back of reforms to curb wasteful consumption in oil and gas subsidies along with the decrease in global oil prices, said a report by the International Institute of Sustainable Development (IISD).

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Reliance Power Completes $1 Billion Power Project In Bangladesh

Reliance Power Completes $1 Billion Power Project In Bangladesh

Reliance Power completed execution of agreements for Phase 1 of the power project in Bangladesh on November 30, 2017.

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India Has Standardised Itself For 7-8% Growth: Arun Jaitley

India Has Standardised Itself For 7-8% Growth: Arun Jaitley

Finance Minister Arun Jaitley on Thursday said India has standardised itself for a 7-8 per cent growth rate on the back of improving macroeconomic fundamentals.

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IFC Bets On Green Power, Invests $15 Million In Cleanmax Solar

IFC Bets On Green Power, Invests $15 Million In Cleanmax Solar

Reaffirming its green credentials, the International Finance Corporation (IFC) has made an equity investment of USD 15 million in CleanMax Solar.

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IEA's View Out Of Touch, Thermal Coal Demand Won't Rise Beyond 10%: Report

IEA's View Out Of Touch, Thermal Coal Demand Won't Rise Beyond 10%: Report

India's thermal coal demand is poised to fall, belying hopes of exporters from Australia and US who eyed the country as a long-term growth market.

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L&T Consortium Wins $250 Million Power Project In Bangladesh

L&T Consortium Wins $250 Million Power Project In Bangladesh

Infrastructure major Larsen & Toubro (L&T) today said a consortium formed by it and Samsung C&T Corporation has bagged USD 250 million power plant contract in Bangladesh.

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NTPC Looks To Acquire Stressed Commissioned Plants

NTPC Looks To Acquire Stressed Commissioned Plants

State-run power giant NTPC has floated a tender to acquire commissioned stressed coal-based power plants in the country.

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Coal Shortages Burning Out India’s Aluminium Producers

Coal Shortages Burning Out India’s Aluminium Producers

Acute coal shortages in India are beginning to take their toll on the country’s aluminium producers, as several of the major aluminium firms are unable to obtain sufficient quantities to keep captive power plants in operation.

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Saubhagaya Scheme Launchef In Manipur

Saubhagaya Scheme Launchef In Manipur

The Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHGAYA) was launched in Manipur today, by Union Minister of State (IC) for Power and New & Renewable Energy, R.K. Singh and N. Biren Singh, Chief Minister of Manipur.

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Rajasthan Saves Energy Worth Rs 144 Crore

Rajasthan Saves Energy Worth Rs 144 Crore

Rajasthan, which has retrofitted 8 lakh smart LED street lights under the Ujala scheme, has saved energy worth Rs 144 crore, said Energy Efficiency Services Ltd (EESL) managing director Saurabh Kumar here on Monday.

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Green Ministry Vows ‘Harsh Measures’ To Prevent Smog In Delhi

Green Ministry Vows ‘Harsh Measures’ To Prevent Smog In Delhi

The country’s top environment ministry bureaucrat said that “harsh measures” could be on the anvil to prevent a repeat of the smog that engulfed Delhi earlier this month.

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Govt Transfers Coal India Shares To Bharat 22 ETF

Govt Transfers Coal India Shares To Bharat 22 ETF

The government has transferred Coal India shares worth nearly Rs507 crore to Bharat 22 ETF, accroding to a regulatory filing on Monday.

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'Coal Import May See Further Dip On Self-Sufficiency Push'

'Coal Import May See Further Dip On Self-Sufficiency Push'

Global rating agency Fitch has said India's dependency on imported coal may continue to decline as the government moves ahead on the path of self- sufficiency.

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No Point Pursuing Coal Over Renewables

No Point Pursuing Coal Over Renewables

From Paris Agreement to International Solar Alliance, India sends a reassuring signal to the global community of its commitment to increasing the share of non-fossil fuel energy, particularly through greater use of renewables—solar and wind—in its power-generation capacity.

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