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November,15,2018,Thursday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

Meghalaya Has Potential To Sell Electricity To Other States: CM Sangma

Meghalaya Has Potential To Sell Electricity To Other States: CM Sangma

Meghalaya Chief Minister Mukul Sangma has said the state has the potential to sell power to other states and may also export electricity to neighbouring countries like Bangladesh.

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Indian Energy Storage Alliance To Hold First Energy Startup Contest

Indian Energy Storage Alliance To Hold First Energy Startup Contest

The India Energy Storage Alliance (IESA) will organise the country's first startup competition on energy storage, electric vehicles, charging infrastructure and micro-grids as part of its fifth international conference and expo here on January 11-12, the industry body has announced.

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BCCL Acquires Stake In Online Loan Portal FinREQ

BCCL Acquires Stake In Online Loan Portal FinREQ

Bennett, Coleman & Co (BCCL) has acquired a stake in FinREQ, an online loan portal launched on January 4, 2018 which deals in end-to-end loan products for businesses and retail customers.

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India Is Said To Consider 7.5 Per Cent Tariff On Imported Solar Panels

India Is Said To Consider 7.5 Per Cent Tariff On Imported Solar Panels

India, the largest buyer of solar equipment from neighboring China, is considering a 7.5 percent tax on imported solar panels, according to government officials with knowledge of the situation.

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Asian Coal Prices Hit Late 2016 High Amid Huge Shipping Congestion

Asian Coal Prices Hit Late 2016 High Amid Huge Shipping Congestion

Asian benchmark thermal coalprices have pushed to their highest levels since 2016, fuelled by demand in China and loading delays in Indonesia that have ramped up shipping congestion outside major coal ports.

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State-Run Coal India Ltd Assures Captive Power Producers Of Coal Supply

State-Run Coal India Ltd Assures Captive Power Producers Of Coal Supply

State-owned miner Coal India has assured coal availability to power industry body ICPPA, whose members include firms from steel and aluminium segment, as they are heavily dependent on the dry fuel.

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Govt Apprised Of MoU btw India & Italy On Renewable Energy Cooperation

Govt Apprised Of MoU btw India & Italy On Renewable Energy Cooperation

The Government on Wednesday was apprised of Memorandum of Understanding (MoU) on India-Italy Cooperation in Renewable Energy between both the nations.

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Coal To Add Rs 95,000 Crore To Government Coffers By 2020

Coal To Add Rs 95,000 Crore To Government Coffers By 2020

Coal, considered a polluting fuel, is turning out to be a heavy contributor to the government coffers. It is likely to contribute around Rs 95,000 crore to the government's coffer in the form of clean energy cess between this financial and 2020.

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Mumbai Port Trust To Build Rs 300-Crore Projects By June

Mumbai Port Trust To Build Rs 300-Crore Projects By June

The Mumbai Port Trust (MbPT) is planning to open up a slew of citizen-focused facilities being built at a cost of up to Rs 300 crore over the next six months, a top official has said.

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Estimated Potential Of Tidal Energy In India Is About 8000mw: Shri R.K. Singh

Estimated Potential Of Tidal Energy In India Is About 8000mw: Shri R.K. Singh

Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Rajya Sabha today, informed that as per a study conducted by the Indian Institute of Technology, Chennai

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Coal Power's Pace Slows In India As Glut Leaves Plants Unused

Coal Power's Pace Slows In India As Glut Leaves Plants Unused

India is adding the least amount of coal-fired power in more than a decade as tepid demand from indebted state retailers fails to utilize the nation's existing generation capacity.

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JSW GROUP

JSW Energy Terminates Deal To Buy Jaiprakash Power’s Bina Power Plant

Sajjan Jindal-led JSW Energy has terminated the proposed acquisition of the 500 mw-Bina Power from Jaiprakash Power Ventures after months of delay in getting necessary approvals from lenders.

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JSW Energy Cancels Deal to Buy JPVL’s 500 Mw Bina Plant

JSW Energy Cancels Deal to Buy JPVL’s 500 Mw Bina Plant

Sajjan Jindal-led JSW Energy today said its deal with Jaiprakash Power Ventures to acquire 500 MW Bina thermal power plant is terminated following lapse of time for completion of the transaction yesterday.

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Chandigarh To Go 100 Per Cent Green On Power By End Of 2018

Chandigarh To Go 100 Per Cent Green On Power By End Of 2018

If all goes according to the plans of the ministry of new and renewal energy (MNRE), City Beautiful will be on green energy by the end of 2018. After the selection of Chandigarh for development as a model solar city, MNRE directed Chandigarh administration to make the city 100% renewable energy powered. The project deadline is the end of 2018.

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