The government is planning to cut down harmful emissions at coal-fired power projects by setting up de-sulphurizing plants at their locations across the country.
Delhi-based renewable energy and telecom solutions company ACME Group is planning to raise capital by listing its solar assets through infrastructure investment trust (InvIT) listing, said three people directly familiar with the matter.
A solar plant of the size and cost of a centre table on your rooftop can insure your home against power cuts and halve your electricity bill. IIT Madras has invented such a solar rooftop installation — smaller and cheaper than present installations.
Crude prices remained subdued early on Friday after an agreement by OPEC to extend existing supply curbs disappointed many who had hoped for larger cuts.
State-run Hindustan Petroleum Corporation (HPCL) has reported a 31 per cent rise in net profit at Rs 1,818.79 crore in the fourth quarter (Q) of the financial year (FY) 2016-17, as against Rs 1,387.91 crore during the same period in FY16.
Oil and Natural Gas Corporation, the state-owned oil and gas explorer, recorded a 6.54 percent drop in net profit at Rs 4,340 crore for the quarter ended March 2017 on account of higher expenses which rose a whopping 47 percent.
The government clarified on Friday that there was no dearth of coal at Rajmahal OCP to supply Kahalgaon and Farakka Power Stations of NTPC Ltd.
Three Years of Modi Government, Attaining Freedom from Coal Shortages With Transparent Mineral Auctions
From the era of experiencing major coal shortages, India presently boasts of surplus coal as production of coal increased to 554 million tonnes in 2016-17 from 462 million tonnes in 2013-14.
The ease of getting power at affordable rates comes on the back of focussed reforms unleashed by the Modi government over the past three years in the power sector.
India’s power sector that was marred by continuous shortages and lack of quality and steady supplies to homes and factories has seen an unprecedented turnaround in the past three years.
In yet another milestone, the government’s flagship scheme–Unnat Jeevan by Affordable LEDs and Appliances for all (UJALA) programme was launched in Punjab.