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September,24,2018,Monday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

India's Coal Demand Growth In Non-regulated Sector To Be Higher

India's Coal Demand Growth In Non-regulated Sector To Be Higher

Coal, as a primary source of energy, will continue for some more time in India and its demand in the non-regulated sector is expected to be higher than the regulated sector like power, a study said.

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To Auction, Or Not To Auction? Target Is 60 GW From Renewable Wind Energy

To Auction, Or Not To Auction? Target Is 60 GW From Renewable Wind Energy

With an installed wind power capacity of 32.7 GW, India is the fourth-largest generator of wind power in the world.

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British Power Capacity Auction Fails To Attract Natural Gas Projects

British Power Capacity Auction Fails To Attract Natural Gas Projects

Britain's latest auction for back-up electricity cleared well below expectations but without many new gas projects securing agreements which are thought to be needed to help bridge the gap when coal and nuclear plants come offline next decade.

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DBS Bank To Stop Funding 'Dirty-Coal' Power Projects By Year End

DBS Bank To Stop Funding 'Dirty-Coal' Power Projects By Year End

The DBS bank will stop financing 'dirty-coal' or low-grade coal projects by the end of this year, but continue to support ventures in emerging markets that uses higher-quality coal, a top bank official has said.

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CLSA Sees Limited Upside For Bharat Heavy Electricals Ltd Shares

CLSA Sees Limited Upside For Bharat Heavy Electricals Ltd Shares

CLSA has retained 'sell' rating on shares of Bharat Heavy Electricals, stating that it sees limited upside in the stock.

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Tamil Nadu Set To Harness More Renewable Energy

Tamil Nadu Set To Harness More Renewable Energy

Tamil Nadu, which is a pioneer in renewable energy generation, will be adding an additional 9.5 giga watts (GW) by 2022, said Vikram Kapur, Principal Secretary in the Department of Energy, on Friday.

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Coal India, PTC India Results On Saturday

Coal India, PTC India Results On Saturday

Close to 75 companies will meet on Saturday to consider their quarterly results.

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MOST NOTABLE STORIES OF THE WEEK

Power Minister RK Singh Launches ASH TRACK Mobile App For Better Management Of Fly Ash Produced By Thermal Power Plants

Power Minister RK Singh Launches ASH TRACK Mobile App For Better Management Of Fly Ash Produced By Thermal Power Plants

Union Minister of State (IC) for Power and New & Renewable Energy, R.K Singh, launched a Web based monitoring System and a Fly Ash mobile application named ASH TRACK here today.

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NTPC Invites Bids To Procure Agro Residue Based Fuel

NTPC Invites Bids To Procure Agro Residue Based Fuel

State-run powergiant NTPC has invited bids for procuring 1,000 metric tonne of agro residue based fuel per day as part of the eco-friendly drive in the NCR.

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JSW Offer Rs 300 Bn For Bhushan Steel, Rs 50 Bn More Than Tata's Bid

JSW Offer Rs 300 Bn For Bhushan Steel, Rs 50 Bn More Than Tata's Bid

JSW Steel, one of India’s leading integrated steel manufacturers with a capacity of 18 million tonnes per annum (mtpa), has offered Rs 300 billion to take over debt-laden Bhushan Steel, Rs 50 billion more than rival bidder Tata Steel’s offer, according to a source close to the development.

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Decide Sasan Power Plea For More Coal By Feb 21: HC To Centre

Decide Sasan Power Plea For More Coal By Feb 21: HC To Centre

The Delhi High Court has asked the Centre to decide in two weeks the plea by Sasan Power Ltd, a Reliance Power subsidiary, for permission to mine coalfrom its two mines in excess of the 17 MTPA cap to enable it to run the 3,960 megawatt power project in Madhya Pradesh.

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Solar Industry Lost Nearly 10,000 Jobs In 2017 In The US

Solar Industry Lost Nearly 10,000 Jobs In 2017 In The US

The U.S. solar industry lost nearly 10,000 jobs last year, led by steep losses in mature markets like California and Massachusetts where installation growth has slowed, according to a new report published on Wednesday.

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Adani, Tata, Waaree, Vikram Solar To Benefit From Abolition Of Customs Duty On Solar Tempered Glass

Adani, Tata, Waaree, Vikram Solar To Benefit From Abolition Of Customs Duty On Solar Tempered Glass

Adani Group, Waaree Group, Vikram Solar and Tata Power Solar are among the top few domestic solar manufacturers who would stand to benefit from the abolition of 5% customs duty on solar tempered glass as announced in the budget.

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JSW Energy Q3 FY18 PAT Jumps Two Fold To Rs 50.55 Crore

JSW Energy Q3 FY18 PAT Jumps Two Fold To Rs 50.55 Crore

Sajjan Jindal-led JSW Energy today reported a nearly two-fold increase in net profit for the quarter ended December 31 at Rs 50.55 crore mainly on the back of improved revenues, decline in finance cost and lower effective tax rate.

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CLP India Eyes Transmission Assets

CLP India Eyes Transmission Assets

CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, is looking at acquisitions to enter the transmission business amid low green energy tariffs that threaten profitability, said two people aware of the development.

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Niti Aayog CEO Amitabh Kant Gets Extension Till June 30, 2019

Niti Aayog CEO Amitabh Kant Gets Extension Till June 30, 2019

Niti Aayog CEO Amitabh Kant was today given an extension till June 30 next year, according to an official order.

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Adani Chairman Says He Believes In Climate Change But Coal Will Help India

Adani Chairman Says He Believes In Climate Change But Coal Will Help India

The chairman of Indian conglomerate Adani has defended company’s plan to build one of the world’s largest coal mines in Australia and said he would not be swayed by what he called “vicious personal attacks”.

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