The railways ministry is looking at ways to speed up the electrification process as it would help reduce the Rs 16,000 crore bill on diesel, Union Minister Piyush Goyal said today.
State-run power giant NTPC will add 32 GW of clean energy by 2032, in addition to its plan to create 15 GW of solar capacity under National Solar Mission, a top company official said today.
A high-level panel has recommended to provide fuel linkage to NTPC’s Vindhyachal project in Madhya Pradesh if the plant is delinked from any coal mine alloted to the power producer, a government official has said.
Union minister R K Singh today said that the Centre proposes to make India the number one country in both generation and consumption of power but set no time-frame to achieve the goal.
The railways is planning to introduce a brand new and faster Rajdhani Express on the Mumbai-Delhi line, the third Rajdhani train on the route, in the next few months, senior officials said today.
The strong demand for oil products will continue and may stay above 5 per cent in the medium term, driven by demand for three key items – petrol, diesel and cooking gas, said a report.
The government is taking steps to check spot prices of power that zoomed to over Rs 9 per unit yesterday following shortage of supply from hydro-power, wind and nuclear plants, a top government official said today.
The Union Cabinet today approved a Rs 3,000 crore project to acquire seismic data for prospecting of oil and natural gas reserves.
As part of Nitish Kumar government’s resolve to provide free electricity connection to every household by end of this year, 38,596 villages out of a total of 39,073 villages have been electrified and work is on to accomplish the task on time.
Ratings agency ICRA today said that new bidding guidelines for solar power projects are positive for the sector and address key concerns such as grid curtailment and termination payments.