Electricity generator Mahagenco said the coal stock situation is improving in Maharashtra as the companies supplying the fuel to it have overcome the monsoon calamities.
The NDMC today launched from Rohini its ambitious project to replace over two lakh conventional street lights with LED fixtures in the next nine months, a move that will save Rs 50 crore of the civic body annually.
The Adani Group has joined the race to acquire the Indian renewable assets of Singapore-based Equis Energy, which has put its entire portfolio valued at about $5 billion on the block, said sources close to the development.
The government plans to give electricity consumers the freedom to choose the supplier by enacting a new law that will bring the long-awaited system similar to mobile number portability.
China plans to complete ahead of schedule a USD two billion hydropower project in Pakistan- occupied Kashmir to ease energy crisis in Pakistan.
The Australian government has rejected a plan to generate 42 per cent of its energy from renewable sources and will instead pursue cheaper and more reliable power.
In an attempt to attract investments, Capt Amarinder Singh-led Punjab government on Monday announced industrial power tariff at Rs5 per unit.
Ashwin Mohan learns that Jaiprakash Power’s (JPVL) stake sale has attracted five global and domestic bidders.
In a presentation with bankers, five bidders put in non-binding bids for Jaiprakash Power, sources told Moneycontrol. “This was the first meeting and it was an expression of interest.”
Some state-owned power producers, who had stopped imports, are now looking at importing coal at a time when the Centre’s focus is on reducing imports and eventually bringing it down to zero.