Even as the tariff competitiveness of wind energy has improved as against the conventional energy sources, its viability continues to be a challenge, says ICRA.
In an eco-friendly measure to cut power consumption, the Indian Railways today said it planned to make all stations cent per cent LED lit by March 31, 2018.
Rating agencies Moody’s Investors Service and ICRA today said they have a stable outlook for the Indian power sector over the next 12-18 months and expects a change in its energy mix towards renewables.
A team of railway officials has visited Raigarh to aseess steel plant of JSPL, which is interested in national transporter’s tender to procure seven lakh tonnes of rails worth about Rs 3,500 crore, industry sources said today.
Power equipment maker Bhel said today that it has won a Rs 7,300 crore order for setting up a Supercritical Thermal Power Project (TPP) in Tamil Nadu.
Deepak Fertilisers and Petrochemicals Corporation Ltd today said that an arbitration tribunal has rejected GAIL’s claim of Rs 357 crore against the company for supply of domestic natural gas.
Blaming the previous UPA government for the current banking sector stress, Railway Minister Piyush Goyal said this government has fixed responsibility on big defaulters and banks are being strengthened through various measures.
Power industry body ICPPA, whose members include players from key sectors such as steel and aluminium, has urged the government to ensure coal availability, saying most captive power producers (CPPs) are facing severe shortage of the fuel which may lead to closure of plants.
Solar tender and auction activity declined steeply in India during November, Mercom Capital Group said today.
Expressing concern over the air quality, a Centre’s green panel has given clearance to South Eastern Coalfields Ltd (SECL)’s Rs 11,816 crore expansion project in Korba district, Chhattisgarh for a limited period.