India will test a plan to operate its underutilized natural gas-fired power generators as “peaker” plants that can switch on quickly when there’s high demand, according to the country’s power planning body.
India and Pakistan’s discord over water will now spill over to Afghanistan as well with Delhi ready to help the Afghan government build a dam on the Kabul river basin.
Jindal Steel and Power Ltd (JSPL) today flagged off the first consignment of rails for Indian Railways from its Raigarh plant in Chhattisgarh, according to a company official.
Ensuring the basic necessities like connectivity, insurance, PM Modi talked of development for all. PM said ” Housing for All, Power for All, Clean Cooking for All, Connectivity for All, Sanitation for All, Skill for All,
Union power secretary Ajay Kumar Bhalla has convened a meeting with banks, state undertakings, including Power Finance Corporation and Rural Electrification Corporation, and oganisations representing power generating companies on August 17 to discuss options to address issues faced by stressed power projects.
Despite having the largest number of critically polluted cities in India, Maharashtra added almost 2.5 GW of coal-fuelled power capacity in 2017, while overall, India commissioned 13 GW of thermal power plants from January 1, 2017 till August 9 this year.
Banks, led by State Bank of India, are close to finalising resolution plans for at least half a dozen stressed power companies involving total loans of ₹50,000 crore, which could result in banks taking more than 50% haircut, bank officials said.
Recalling years of economic struggle post-statehood in 1987, with lingering memories of war with China in 1962, Arunachal Pradesh Chief Minister Pema Khandu on Wednesday stressed the state’s hydropower potential to transform it into a progressive state of the country.
As part of its effort to contain rising non-performing assets (NPAs), the RBI has started scrutiny of 200 large accounts to assess level of stress and provisioning done against them by respective banks.
Reliance Industries and its partner BP plc of UK have spent over Rs 7,000 crore in prolonging output from the flagging D1 and D3 gas fields in the Bay of Bengal as they prepare new fields that will start production in mid-2020, sources in the consortium said.