The acquisition of Chhabra thermal power plants by NTPC Ltd will help the central power major emerge as a 50 GW or 50000 MW plus company within the next few months.
Tamil Nadu's joining the scheme will make the UDAY club grow to 21. States of Assam and Telangana have signed MoUs early this week, a move that will see an overall net benefit of approximately Rs 6116 crores accruing to Telangana and Rs 1663 crores to Assam.
Power ministry’s flagship scheme, the Ujwal DISCOM Assurance Yojana (UDAY) will have soon have an important state-Tamil Nadu on board, likely by next week. With Discom losses of Rs 50,000 crore, Tamil Nadu’s joining will see over 90% of total DISCOM debts getting covered under the UDAY scheme.
India’s RE sector is clearly the focus of investors. Impressive growth estimates being predicted by experts. Mercom and Bridge to India Forecasts 8-9 GW of Solar Installations in India for 2017. For 2016, Solar Installations to Come in at around 4 GW
India’s renewable energy sector especially solar and wind projects have clearly emerged as the two fronts drawing maximum investments with an intact and impressive growth story being predicted by exper
Piyush Goyal To Launch A New Mobile APP and Web Portal on UDAY, the government’s flagship scheme for turnaround of state DISCOMs
The App and the web portal, to be launched by Goyal on Wednesday (January 4, 2017), will provide all details on the scheme including the number of states joining the scheme as also the progress achieved by each state under various parameters listed under the scheme—-including AT&C losses, cost of electricity, bonds issued and others.
Minister of State (Independent Charge) for Power, Coal & New and Renewable Energy and Mines, Piyush Goyal will launch the web portal and a Mobile App for one of India’s most talked about scheme
Financial health of state power DISCOMs has been a big blot on the performance of state’s power sector and in order to make these DICSOMs financially viable and operationally sustainable, the scheme UDAY assumes a lot of significance.
Two more states of Assam and Telangana will be joining the power ministry’s flagship scheme, Ujwal DISCOM Assurance Yojana (UDAY)—taking the tally ofvstates having joined the scheme to 20.
No compromise on Passenger Safety, Indian Railways To Adopt Latest Technology and Modern Equipments on a war footing : Suresh Prabhu
Indian Railways will adopt latest technology and procure modern equipments to ensure passenger safety on a war footing, Railway Minister Suresh Prabhu said.
The volatility in oil prices can be witnessed from the fact that from levels of $26 a bbl in February, crude oil prices touched the highs of $55 in December, up 15% since OPEC decision on production cut.
After being insulated from an increase in the domestic fuel prices, the ongoing upsurge in global crude oil prices could spoil the party for Indian consumers of petrol and diesel. India imports 80% of its crude oil requirements and any upward movement in oil prices casts an impact on domestic prices of petrol and diesel.
Union Minister Piyush Goyal is holding charge of four important economic ministries including Power, RE, Coal and Mines. After de-monetisation move, Goyal has also been helping the government on this front but his performance in the four sectors has clearly given him an edge over many others in the Modi government. Goyal already knows his priorities for the year ahead.
At EnergyInfraPost.com, while we have done an in-depth analysis of all the four sectors including power, RE, coal and mines, we in this article give you a quick sneak peek into the priority areas set by the minister for his four ministries during 2017.
As the Modi government completes its half term in office, Solar Energy Projects with an aggregate capacity of over 8727.62 MW have been installed in the country. In wind energy, India leads Spain and UK with a fourth position in the world after China, USA and Germany.
India saw the largest ever wind power capacity addition of 3423 MW in 2015-16 exceeding target by 43%. During 2016-17, a total 1502 MW capacity has been added till 31.10.2016, making cumulative achievement 28,279 MW. Now, in terms of wind power installed capacity India is globally placed at 4th position after China, USA and Germany.
India’s Coal Production Crosses 391 MT With An Growth of 1.6%During Apr-Nov 2016. After helping the exchequer save about Rs 20,000 crore in 2015-16, the coal ministry saved Rs 4,844 crore in the first four months of the current year.
Coal Ministry Goes Fully Digital, Several IT Initiatives Taken Round the Year to Enhance Transparency and Ease of Doing Business.