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​GOOD MORNING INDIA!

June,20,2018,Wednesday

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

Tata Power Arm Wins Coal Mine In Russia

Tata Power Arm Wins Coal Mine In Russia

Tata Power on Friday said its Russian subsidiary Far Eastern Natural Resources LLC has bagged the mining licence for a thermal coal mine in Kamchatka province in far east Russia.

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Divisional Commissioner’s Office Gets Solar Boost

Divisional Commissioner’s Office Gets Solar Boost

As Maharashtra Energy Development Authority (MEDA) celebrates the energy conservation drive, the divisional headquarter of Nashik has now got a 20 KW rooftop solar power harvester, costing Rs 21.80 lakh.

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India Assures Contracts For Local Solar Equipment Makers In Government Projects

India Assures Contracts For Local Solar Equipment Makers In Government Projects

India plans to support local solar cells and modules makers by assuring contracts for government projects, a note from the renewable energy ministry said, as it looks to scale up manufacturing to cut Chinese imports and avoid legal hassles.

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2G Case Verdict: CBI Court Acquits A Raja, Kanimozhi And All Other Accused

2G Case Verdict: CBI Court Acquits A Raja, Kanimozhi And All Other Accused

A special CBI court on Thursday acquitted former telecom minister A Raja, DMK supremo Karunanidhi’s daughter Kanimozhi and other accused of all charges in the 2G spectrum allocation cases — famously known as 2G ‘scam’ and often described as the biggest corruption scandal in India.

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Wind Power Prices Crash To Rs 2.43 In Gujarat Tender

Wind Power Prices Crash To Rs 2.43 In Gujarat Tender

Price of wind power crashed to Rs 2.43 a kWhr in tariff-based capacity auction of Gujarat's utility, Gujarat Urja Vikas Nigam Ltd (GUVNL). GUVNL has announced that a company called Sprng Energy Pvt Ltd has quoted that price, bidding for 197.5 MW of the 500 MW auctioned by GUVNL.

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Coal's Resilience Today Will Prove Its Ultimate Downfall

Coal's Resilience Today Will Prove Its Ultimate Downfall

Newcastle, the Australian port that's the biggest export harbor for thermal coal, is planning a shift away from the commodity that generates the overwhelming majority of its trade volumes.

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U.S. Takes India Back to WTO in Solar Power Dispute

U.S. Takes India Back to WTO in Solar Power Dispute

India has failed to comply with a World Trade Organization ruling on solar power, the United States will tell the WTO’s dispute settlement body (DSB) next month, triggering a fresh round of litigation, according to an agenda issued on Wednesday.

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India-EU Commitment to Renewable Energy Generation Strengthened Through Usd 400mn Initiative

India-EU Commitment to Renewable Energy Generation Strengthened Through Usd 400mn Initiative

Expansion of renewable energy power generation across India will be supported by a new USD 400-million joint initiative backed by the European Investment Bank and YES BANK, whereby the latter will manage the new co-financing programme for the construction of new solar power plants and wind farms across the country.

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NCLT Reserves Order On Appointing New IRP For Bhushan Energy

NCLT Reserves Order On Appointing New IRP For Bhushan Energy

The National Company Law Tribunal (NCLT) on Tuesday reserved its order on appointing a new insolvency resolution professional (IRP) for Bhushan Energy Ltd. State Bank of India (SBI) has initiated insolvency proceedings against the company.

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Here’s Why Adani Cancelled $2.6 Billion Contract With Australian Mining Giant Downer

Here’s Why Adani Cancelled $2.6 Billion Contract With Australian Mining Giant Downer

India’s infrastructure major Adani Group had announced yesterday that it has cancelled a $2.6 billion dollar contract with Australian mining services company Downer, just days after the Queensland government vetoed a concessional loan to the company for Carmichael coal mine.

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Growth In Global Coal Demand Subdued Over Next Five Years - IEA

Growth In Global Coal Demand Subdued Over Next Five Years - IEA

Global coal demand will be subdued over the next five years, growing at just 0.5 percent a year, marginally higher than current levels, due to lower consumption in China, the International Energy Agency (IEA) said on Monday.

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NTPC's Capacities Dwindle After CEA Deletes Patratu's 325 MW

NTPC's Capacities Dwindle After CEA Deletes Patratu's 325 MW

State-run power giant NTPC revised its installed and commercial capacities downward to 51,383 MW and 50,583 MW respectively after the Central Electricity Authority (CEA) deleted its 325 MW capacity of Patratu plant.

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