NTPC to replace polluting units with new ones which are highly efficient.
State-owned NTPC Ltd has decided to close down roughly 11,000 MW of old thermal plants which are polluting and causing distress in the local areas also and not good for the country, union minister of state for power, RE, coal and mines, Piyush Goyal said on Monday.
In what can rival the likes of Russia’s Rosneft ($55 billion in market cap) and UK’s BP Plc ($112 billion) in market value and financial power, finance minister Arun Jaitley while presenting the Union Budget 2017 announced creation of an integrated public sector ‘oil major’ by integrating the oil sector PSUs across the value chain and to enhance capacity of Oil PSUs to bear higher risks, avail economies of scale, take higher investment decisions and create more value for the stakeholders.
The Chemicals industry in India is an important contributor to the Indian economy sustaining a variety of downstream industries such as textiles and pharmaceuticals. The Indian chemicals industry with a market size of USD 145 billion is the seventh largest producer of chemicals worldwide and the third largest producer in Asia after China and Japan.
Concerned over poor investment by private sector in big-ticket infrastructure projects, the Niti Aayog has recommended to the government to hike private investment in sectors like roads, railways and shipping,
People can contribute in the programme by providing their feedback and suggestions which shall be automatically forwarded to the concerned Managing Directors and Superintending Engineers of DISCOMs through SMS & Email on their dashboard.
While Launching the Garv-II mobile App for tracking rural electrification in real-time basis on Tuesday, Union minister
PM Modi said his government’s constant efforts have improved India’s ranking in Ease of Doing Business and that India has always been an inspiration for others in terms of intellectual capability and enterprise.
With India committed to replace ‘Red Tape’ with ‘Red Carpet’, Prime Minister Narendra Modi on Monday called upon global hydrocarbon companies to come and Make in India.
A Memorandum of Understanding (MOU) under UDAY was signed on October 7th between the power ministry (Government of India), the State of Maharashtra and the DISCOM of Maharashtra (MSEDCL).
Maharashtra has become the 17th State to join the UDAY – “Ujwal DISCOM Assurance Yojana”, the Centre’s financial and operational turnaround scheme for state power distribution companies (DISCOMs). The move will see the state reap benefits of Rs 9,725 crores by way of cheaper funds, reduction in AT&C losses and enable it to eliminate the gap between cost of supply of power and realisation.
States Are Crticising Because Centre’s Transparent Platform — GARV puts pressure on them to deliver timely and quality power to consumers, adds Dr Verma.
Imagine if the GARV app was not there. In its absence and had we not put the information in the public domain, this criticism would not have probably even surfaced. So firstly it requires courage to go to the people. Transparency is the key to effective administration. All of us whether the Centre or states, are answerable and accountable to the people of this country, said Dr A K Verma
Supported by the Ministry of Power, Ministry of Coal, Ministry of New and Renewable Energy and Punjab State Electricity Regulatory Commission, RPR 2016 is a flagship event of the Independent Power Producers Association of India (IPPAI) that aims to trigger out-of-the-box thinking by interspersing the intellectual and the esoteric with the day-to-day issues of the power sector to provoke thoughts and bring out creativity in the minds of policymakers and regulators.
The theme for this year is “India – Meeting the Aspirations?” The event looks at the aspirations of young Indians keeping in mind the ways of improving their living standards by bench marking it to the western narrative of development. The “haves and have nots debate” now has infected the entire population, thanks to the ever-increasing awareness amongst young India courtesy the information revolution. The retreat will go to the roots and examine the relevance, efficacy and practicability of the western developmental model in the Indian context.