Power producers have called upon Union Ministry of Power to rope in Power Finance Corporation (PFC) and Rural Electrification Corporation (REC) to provide funds for smooth implementation of emission control systems (ECS) in thermal power plants.
State-owned Coal India Ltd (CIL) hiked thermal coal prices for both power and non- power consumers with immediate effect, a decision which electricity producers said would jack up energy prices by up to Rs 0.50 per unit.
CCI slaps Rs 591 crore penalty on Coal India, says ensure uniformity between private, public power producers
Competition Commission of India (CCI) has slapped a whopping Rs 591 crore penalty on public sector undertaking (PSU) Coal India over the unfair conditions in fuel supply agreements.
The Mumbai based Ruia brothers owned Essar Power Ltd is one of India’s top five private sector power producers with over 20 years’ operating track record. It owns power plants in India and Canada with a total generation capacity of 6,100 MW, of which 4,675 MW is operational. Of the total operational capacity, 3,075 MW […]