The government plans to keep minimal qualification criteria for companies to participate in the auction of coal blocks for commercial mining, a senior official said. The official said the government has identified 15 large blocks for the pilot round of bidding in December,
The Ministry of Coal is going to allow mines with less than three interested bidders to be auctioned in the 11th round of coal mine auctions. This significant move comes after the 8th, 9th and 10th auction rounds saw a poor response with just six of the 27 mines finding the minimum three bidders required to go under the hammer.
Wind-solar hybrid projects were seen as one of the options before the Union government to help it meet the ambitious renewable target of 175 MW capacity by 2022. Nearly a year since their launch, however, projects have seen a slow start
Investments in the energy sector in India recorded second highest growth in the world: Dharmendra Pradhan
Investments in India’s energy sector are among the highest in the world , according to Minister for Petroleum and Natural Gas, Dharmendra Pradhan.
Even as a dearth of new power purchase agreements is stalling many under-construction and existing private power units, the virtually exclusive regime of cost-plus tariffs for the state-run NTPC is further undermining their ability to commence operations or operate at higher capacities.
Oil Minister Dharmendra Pradhan on Sunday invited global energy majors to invest in the world’s fastest growing energy consumer, promising stable policy and regulatory regime. Speaking at CERAWEEK conference’s opening dinner here,
With an objective to strengthen power transmission and distribution systems, the Transmission Corporation of Andhra Pradesh Ltd (APTRANSCO) is mulling upgrading the infrastructure by introducing Substation Automation System (SAS) at the substations.
Prime Minister Narendra Modi’s recent visit to the United States was marked by a $2.5-billion long-term liquefied natural gas (LNG) deal. Though the government expects a surge in LNG demand, industry players are sceptic of natural gas use in India’s energy basket.
India is investing over USD 60 billion in developing natural supply and distribution infrastructure as it chases the target of more than doubling the share of natural gas in its energy base to 15 per cent by 2030, Oil Minister Dharmendra Pradhan said on Sunday.
The International Monetary Fund looks at India as a country that recognizes the need for an environmentally sustainable development strategy as the global community gears up for a decisive fight against climate change.