Home :: What's New

What's New

Uttarakhand seeks power to clear additional hydro projects

According to laws, the state government can clear hydro-power projects up to 2 Mw on its own, beyond which it will need the Centre's consent

Read More


IMG for scrapping 30 captive coal blocks

AN inter-ministerial group (IMG) tasked with suggesting punitive measures for holders idling their captive coal blocks is learnt to have recommended cancellation of 30 mines, making it the single biggest de-allocation so far.

Read More


No subsidy for new projects importing gas, says power ministry

A big setback to 16,000 MW of existing and upcoming gas-based power projects that originally were to rely on Reliance Industries' KG-D6 gas but now need to use imported RLNG, the power ministry has decided against recommending any Central subsidy for these projects.

Read More


Ministry proposes Rs. 6,000-crore subsidy for gas-based power plants

Read More


Power cos hit by mining delays can get coal over tapering linkage

The government provided relief to companies facing delays in the development of their captive coal mines by offering them additional supplies from Coal India over and above the quantity offered under the terms of ‘tapering fuel linkage'.

Read More


PSUs also faced environment ministry stonewalling

That the private sector bore the brunt of the tardy pace of environmental clearances may just be half the story. An examination of the list of projects awaiting the nod from the ministry of environment and forests shows that the public sector was also at the receiving end by an equal measure, accounting for close to 50% of the total core sector projects that were stuck for want of the requisite green clearances.

 

Read More


Coal pledge for 9 power plants

Nine power plants got the Cabinet's assurance of coal supply for at least three years.

 

Read More


Power sector hit by less competition

India Infrastructure Finance Co has disbursed around Rs 4,000 crore of credit by the end of November and has sanctioned around Rs 1,200 cr as of now

 

Read More


World Bank says keen to support India’s solar power efforts

The World Bank is keen to financially support India’s efforts to emerge as a global leader in solar power, its Country Director for India Onno Ruhl has said.

 

Read More


RBI taps PMG to assess the impact of stalled projects, trace wilful defaulters

With stalled projects locking up bank funds and raising their non-performing assets (NPA), the RBI has got in touch with the Prime Minister’s project monitoring group to assess the need for regulatory concessions to companies facing genuine problems. The information with the PMG is also expected to help the RBI identify wilful defaulters.

 

Read More


CERC shocker: Power stocks plunge; NTPC, Power Grid will be hit most, say brokerages

Analysts at top brokerage firms are of the view that stricter norms and sharing incentives proposed by CERC are likely to hit independent power producers; and government companies such as NTPC, Power Grid the most.

Read More


Nine players in race for Rs 25,000-crore UMPP in Orissa

As many as nine companies, including private players such as Tata Power, Adani Power and L&T as well as state-owned generators like NTPC and NHPC

 

Read More


Acquisition for n-power plant in AP opposed

The CPI(M) has urged the State government to halt land acquisition for the nuclear power plant proposed at Kovvada village in Srikakulam district, as the Land Acquisition Bill 2013 is pending before the President for assent after it was adopted in both Houses of Parliament.

Read More


Coking coal imports to jump this year

India’s coking coal imports could see a double-digit percentage increase this fiscal year as a scarcity of high-quality iron ore after amining ban is forcing steelmakers to use inferior grades that need more coal to process into steel.

Read More


KPMG India report paints bleak power scenario, but bankers optimistic

Nearly 33,000MW of projects set to come up by March 2017 don’t have any long-term power purchase agreements with state distribution utilities because of which they can also become non-performing assets.

Read More


Smart-grid is the future of energy conservation: R. N. Nayak

Power Grid Corporation of India Ltd., a public sector undertaking that transmits about 50 per cent of generated power, is further augmenting its capacity to meet the growing needs of industry.

 

Read More


CEA bats for modern forecasting tools for renewable energy

The Central Electricity Authority (CEA) has made a strong case that state-of-the-art forecasting tools be provided in the renewable energy (RE) rich states such as Gujarat, Maharashtra, Tamil Nadu and Rajasthan to improve the forecast quality for maintaining the load generation balance. 

The respective buyer state of RE power will be responsible for maintaining its load-generation balance taking into account the revised forecasts of their RE portfolios. 

Read More


Coal India signs fuel supply pacts with 156 power units

State-owned Coal India Ltd (CIL) has entered into pacts for supply of the fuel with around 156 power units. According to the new Fuel Supply Agreements (FSAs), Coal India will supply 65 per cent of the contracted amount for fuel from domestic sources and another 15 per cent will be done through imports with pass-on pricing model.

Read More


Farmers worst hit in power distribution clean-up drive

Analysis of the change in power rates, across states and consumer categories over the past year, shows agricultural power rates rose at a faster pace than those for other categories.

Power rates for households consuming 200 units a month has risen 91 per cent in Tripura, 34 per cent in Kerala and 38 per cent in West Bengal. On an average, a household consumes 200 units in a month. However, a few states like Jharkhand and Punjab, where domestic power rates have grown faster than farm rates, have bucked the trend.

Read More


Discoms\' dues to PSUs more than double in 3 yrs

With last year’s restructuring package for loss-making power distribution companies yet to bear fruit, the dues that discoms owe state-owned generation firms jumped to Rs 15,792 crore last month, compared with Rs 6,200 crore in June 2010.

The mounting dues are due to the discoms’ bad financial state coupled with contractual disputes between generating companies and state power utilities or departments. If the dues continue to grow at the current pace, it could severely dent the expansion plans of state-owned energy firms.

 

Read More


Power reforms saved state Rs 1,000 cr a year, says govt

Countering the criticism of failed power sector reforms in Odisha, the state government said the measures taken to improvise power distribution system has resulted in saving of about Rs 1,000 crore per year.

 

Read More


First-year rate offer to decide ultra mega power project developer

Project developers for the proposed ultra mega power plants (UMPPs) in Odisha and Tamil Nadu would be decided based on the first-year power rate they offer. A two-stage bidding process is to be followed for the two UMPPs. In the first stage, companies would be giving their requests for qualification. PFC would shortlist qualified bidders, who would then file a request for proposal (RFP).

Read More


Govt allows Chinese power gear firms to set up service centres

The Cabinet cleared a proposal to sign a memorandum of understanding (MoU) with China that allows Chinese power equipment manufacturers to set up service centres in India.

Chinese equipment gained popularity because of low costs and cheap financing. Companies such as Reliance Power, Jindal Steel and Power, Haryana Power Generation Corporation, and JSW use Chinese equipment in their plants. Indian power developers have purchased equipment for nearly 61,000 MW from Chinese companies.

Read More


Govt to hold meetings with Coal India every quarter for coal import

The government will hold meetings with CIL every quarter for examining the import of fossil fuel by the PSU firm. The world's largest coal miner has to import coal to meet the fuel supply agreement commitment with the power producers.

Read More


Sales of surplus coal from captive mines to get a leg-up

Power companies such as Jindal Power, Adani, Sterlite and Essar Power could soon be allowed to divert surplus coal generated from captive mines to their other power projects won by participating in tariff-based bidding.

The BK Chaturvedi Committee on surplus coal utilisation has favoured such diversion in national interest to accelerate domestic coal production by private players who are sitting on huge coal reserves of their captive mines. The committee, which would submit its report by October-end, is also understood to have favoured more remunerative payment for surplus coal sold by private captive miners.

Read More


What's New

Copyright © 2011 All rights reserved by Association of Power Producers