The Power Ministry Monday announced Rs 100 crore award for states that would complete the household electrification early under the Saubhagaya scheme.
The Gujarat government has approached the Supreme Court to prevent consumer groups such as Energy Watchdog and Prayas Energy from influencing decision on resolution proposal of Rs 50,000-crore imported coal-based plants of Tata Power, Adani Power and Essar Power.
Citing ease of doing business, latin American nation El Salvador has asked Indian companies to invest there and take advantage of different tax benefits and incentives offered. “We are looking to collaborate in solar energy.
Coal shortage is becoming severe as power plants with generation capacity of 16,000 MW are currently facing coal shortage while plants with the capacity of 30,000 MW are not being able to access coal as they do not have power purchase agreements.
Seven companies including RKM PowerGen, Jaiprakash Associates and MB Power have secured contracts to supply 1,900 MW of power to five states. Power Finance Corp Consulting Ltd, a wholly-owned subsidiary of state-owned Power Finance Corp, awarded the contracts on Friday.
The BJP also claimed the duration of power load-shedding in the state used to be 14 hours per day under the erstwhile Congress-led UPA government, of which the NCP was a constituent
The ruling BJP in Maharashtra on Thursday said the government will purchase power from Central grid as well as private companies to make up for the shortage which is to the tune of 3,500 MW.
If Gujarat Govt’s Bailout of Power Plants Is Approved, Consumers and Lenders Will Pick up the Cheque
At a time when dozens of power plants are set to be dragged to bankruptcy courts for defaulting on loans, a high-level panel has recommended a bailout for the Gujarat-based stranded generating stations of Tata Power,
The recommendations of a high-powered committee on stranded power projects set up by the Gujarat government can bring a combined relief of Rs 1.29 lakh crore for Tata, Adani and Essar’s power plants in the state over the next 30 years, according to a source.
Whopping Rs 1 lakh crore NPA resolution of stressed power projects possible; banks’ haircut to be this much
A successful resolution of non-performing assets worth Rs 1 lakh crore in coal-based power projects is possible with this much haircut.
A successful resolution of non-performing assets worth Rs 1 lakh crore in coal-based power projects is possible with a 40%-60% haircut, a report has said. India’s coal-based power projects are staring at least Rs 3.8 lakh crore worth of NPAs.
The study suggests setting clocks in Meghalaya, Nagaland, Arunachal Pradesh, Manipur, Mizoram, Tripura and the Andaman and Nicobar Islands to run one hour ahead of clocks in the rest of India.
It’s feasible for India to have two time zones that will increase productivity in six north-eastern states barring Assam according to a scientific study by the country’s official timekeeper.