Solar power tariff in Tamil Nadu is set to fall below Rs 4 per unit. Tangedco will float tenders for 1500MW in the coming days and fix the the base tariff at Rs 4 per unit with the approval of the Tamil Nadu Electricity Regulatory Commissioner (TNERC)
The Odisha government would auction three more mines by end of May this year, Mines Minister Prafulla Mallick said on Friday.
Signalling a shift in government policy, commerce and industry minister Nirmala Sitharaman has implicitly backed a stronger rupee and said export competitiveness is not just linked to the currency but better infrastructure and logistics, which are the government’s focus areas.
The road transport ministry and the National Highways Authority of India (NHAI) will use technology to assess the condition of roads including potholes, roughness and particularly the drainage system before monsoon sets in.
The latest solar power auction has yielded an electricity price of just Rs 3.15/unit, down from Rs 5 two years ago. This seems competitive with coal-based thermal power.
Power consumers, including government departments, who default on payment of bimonthly bills, will soon have to pay in advance for the power they intend consuming.
‘Statistics are terrible’: Piyush Goyal hints at White Paper to expose ‘deep rot’ in UP power sector
On a day the Adityanath government in UP took a bouquet of decisions to improve electricity supply, Union Power Minister Piyush Goyal on Tuesday said a White Paper was needed to expose the “deep rot” of past 15 years in the state’s power sector.
Malaysia’s Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell , ExxonMobil Corp, Thailand’s PTT Exploration and Production and Japanese firms, sources familiar with the matter said.
Brent oil is expected to test a resistance at $56.33 per barrel, as suggested by its wave pattern and a Fibonacci retracement analysis.
Oil prices were firm on Monday, supported by strong demand and political uncertainty in Syria, although another rise in U.S. drilling activity kept a lid on gains.