Tata Power is concerned about the UMPP becoming an NPA and has therefore written to the Prime Minister’s Office and Power Ministry offering to sell the said stake to Gujarat government for a token amount of Re 1, ET Now reported.
India will soon bar Chinese power companies from projects in the power sector on security concerns after a policy that will define new conditions for foreign firms eyeing the multibillion-dollar market in one of the fastest growing major economies in the world.
The state-owned NTPC has managed to bring down its cost of electricity generation by an average 39.5 paise while for the Mauda project, it was a decline of Rs 1.65 per unit, mainly because of improvement in coal quality and supply.
People in Himatnagar area in Gujarat get the most uninterrupted power supply in the country, while residents of Mankachar in Assam grapple with an average 188 instances of power cuts a month
Ensure 24 hour power supply or resign; don’t even think of corruption, Modi’s minister Piyush Goyal warns officers
While paying a visit to the office of Power Finance Corporation, Union Power Minister Piyush Goyal addressed the gathering and warned the power ministry officers to stay away from corruption
The government has discontinued a two-year-old scheme under which it offered imported gas at subsidised rates to stranded and underutilised gas power projects.
India has become a net exporter of electricity for the first time, the power ministry said on Wednesday, adding that upcoming cross-border transmission lines
The environment ministry has turned down the power ministry’s proposal of letting the regional officials grant forest clearances (FCs) for hydro projects that have an area up to 40 hectares.
India is in electrification overdrive, with about 30,000 new electricity connections being granted every week. The Union power ministry is mapping the progress live on a website and is also measuring changes in lifestyle in the recently electrified villages
The government of India has installed has taken India’s solar power generation capacity to another level by installing country’s largest Solar PV Plant installed in Kayamkulam, Kerala.