Indian Power Sector News

India allows power producers to switch coal linkage - Creamer Media's Mining Weekly

Mon, 21/05/2018 - 2:52pm

Creamer Media's Mining Weekly

India allows power producers to switch coal linkage
Creamer Media's Mining Weekly
KOLKATA (miningweekly.com) – The Indian government has announced that private thermal power companies will be allowed to switch coal supply linkages from one coal company to another, but electricity producers are not sure that the move will deliver ...
Govt to step up coal supply to power plants from May19 -June 30Outlook India

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India is ready to do business with Africa - ESI Africa

Mon, 21/05/2018 - 1:44pm

ESI Africa

India is ready to do business with Africa
ESI Africa
Asked what the African continent can learn from the experience of the Indian utility sector, the ICC CEO says: “The Indian power sector is undergoing a significant change that has redefined the industry outlook." "Sustained economic growth continues to ...

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Future of mobility in India: Outlook and challenges | ORF - Observer Research Foundation

Mon, 21/05/2018 - 12:03pm

Observer Research Foundation

Future of mobility in India: Outlook and challenges | ORF
Observer Research Foundation
Need for a policy to ensure a connected, shared, electrified mobility for the people was highlighted by Dr. Rajiv Kumar, Vice Chairman, Niti Aayog.

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India Inc finds RBI's latest loan default guidelines rigid - Economic Times

Mon, 21/05/2018 - 9:34am

Economic Times

India Inc finds RBI's latest loan default guidelines rigid
Economic Times
... top infrastructure companies told ET that while this enforces better revenue and cash management, it's too stringent in an environment wherein debt payment is at times closely linked to payment cycles that aren't regularised in many sectors, such ...

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Indian Banking: Stressed times - Fortune India

Sat, 19/05/2018 - 1:59pm

Fortune India

Indian Banking: Stressed times
Fortune India
Baptism by fire is a concept that Piyush Goyal must be used to by now. Since 2014, every ministry that Goyal has shepherded has had to deal with a host of legacy issues that needed immediate resolution. Whether it was the financially stressed power ...

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Renewable energy outpaces fossils in India: Reports - ETEnergyworld.com

Sat, 19/05/2018 - 8:00am

ETEnergyworld.com

Renewable energy outpaces fossils in India: Reports
ETEnergyworld.com
... shortcomings that impact profitability of the fossil fuel energy sector in India, such as sourcing issues, import dependency, long construction periods, environmental regulations and more recently low plant load factors and stranded coal and gas ...
India keen to do business with Africa's energy sectorCreamer Media's Mining Weekly
Renewables gain credence as energy systems changeIndia Climate Dialogue
India may not reach clean energy target, says energy consultancy firmEconomic Times
Moneycontrol.com -Entrepreneur
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Urjit Patel skips scheduled meetings on NPA, revised RBI norms - The New Indian Express

Sat, 19/05/2018 - 4:59am

The New Indian Express

Urjit Patel skips scheduled meetings on NPA, revised RBI norms
The New Indian Express
Even Indian Banks' Association, which wanted to meet Patel on the power sector NPA issue, was not given an appointment. According to various sources, one of the reasons is the increasing pressure on the RBI to relax the NPA norms, which it is reluctant ...

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Power oversupply: The genesis and the way out - Financial Express

Sat, 19/05/2018 - 3:01am

Financial Express

Power oversupply: The genesis and the way out
Financial Express
The Reserve Bank of India (RBI) has recently recommended stricter norms for non-performing assets (NPAs) recognition by banks. This has stoked fears that operational power plants totalling more than 40GW (Gigawatt) capacity and owing more than Rs 1.5 ...

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Jobs: 4.5 million jobs could be created in renewable energy sector ... - ETEnergyworld.com

Fri, 18/05/2018 - 3:37pm

ETEnergyworld.com

Jobs: 4.5 million jobs could be created in renewable energy sector ...
ETEnergyworld.com
Econometric analysis of realistic renewable energy deployment out to 2042 shows that India could add between 2 million and 4.5 million jobs in wind an..
India keen to do business with Africa's energy sectorCreamer Media's Mining Weekly
Renewables gain credence as energy systems changeIndia Climate Dialogue
India may not reach clean energy target, says energy consultancy firmEconomic Times
The Quint -Moneycontrol.com
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Do the data show India is creating jobs or not? - ETEnergyworld.com

Fri, 18/05/2018 - 9:48am

ETEnergyworld.com

Do the data show India is creating jobs or not?
ETEnergyworld.com
Over time, this will shrink the size of India's informal sector and increase the number of formal-sector jobs. Many small firms -- plagued by thin margins and low productivity -- won't be able to pay the average GST of 12 percent and will have to shut ...

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India says has Saudi assurances on supply as oil hits $80 per barrel - ETEnergyworld.com

Fri, 18/05/2018 - 8:04am

ETEnergyworld.com

India says has Saudi assurances on supply as oil hits $80 per barrel
ETEnergyworld.com
Watch how GE and Summit Group are working together to help transform the power sector in Bangladesh. India's Petroleum Minister Dharmendra Pradhan said on Twitter that Saudi energy minister Khalid al Falih had assured him Riyadh and other producers ...

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India seeks to aid Indonesia in developing port in Aceh - Economic Times

Fri, 18/05/2018 - 8:02am

Economic Times

India seeks to aid Indonesia in developing port in Aceh
Economic Times
India and Indonesia in March held their first ever infrastructure meet including in maritime sector amid push by both countries to increase their partnership in the Indo-Pacific region. A high-level delegation of nearly 30 plus Indian CEO's from ...

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Finance Minister Piyush Goyal vows clean up of banks after meeting heads of PSBs - Business Today

Thu, 17/05/2018 - 5:09pm

Business Today

Finance Minister Piyush Goyal vows clean up of banks after meeting heads of PSBs
Business Today
His tenure saw transformational changes in India's power sector including the roll-out of the most comprehensive power sector reform ever (UDAY), the success of the world's largest LED bulb distribution programme (UJALA) for energy efficiency and fast ...
Finance Minister Piyush Goyal promises help to 11 PSBs under RBI watch listEconomic Times

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India keen to do business with Africa's energy sector - Creamer Media's Mining Weekly

Thu, 17/05/2018 - 3:45pm

Creamer Media's Mining Weekly

India keen to do business with Africa's energy sector
Creamer Media's Mining Weekly
He said the Indian power sector was undergoing a significant change that had redefined the outlook for the industry. India's Minister of Power had set a target of 1.23-billion units of electricity to be generated in the 2017/18 financial year. The ...
Renewable energy outpaces fossils in India: ReportsETEnergyworld.com
Renewables gain credence as energy systems changeIndia Climate Dialogue
India may not reach clean energy target, says energy consultancy firmEconomic Times
Moneycontrol.com -Entrepreneur
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Piyush Goyal vows to clean up banking sector - The Indian Express

Thu, 17/05/2018 - 2:15pm

The Indian Express

Piyush Goyal vows to clean up banking sector
The Indian Express
Many companies, especially in the power, steel and telecom sectors, have been unable to pay down their debts due to sectoral issues and slowing economy. To compound the problem, there has been a string of ... “While this push will increase the already ...
Piyush Goyal Promises Help To 11 Public Sector Lenders Under RBI Watch ListBloombergQuint
Finance Minister Piyush Goyal promises help to 11 PSBs under RBI watch listEconomic Times

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India soon to have guidelines to save birds from wind energy farms - Mong

Thu, 17/05/2018 - 11:07am

Mong

India soon to have guidelines to save birds from wind energy farms
Mong
Alarmed by the threats from wind energy farms to birds, including migratory birds and raptors, a panel of forest experts of India's environment ministry has now suggested a series of measures to be adopted by all the wind power companies in India for ...

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India may not reach clean energy target, says energy consultancy firm - Economic Times

Thu, 17/05/2018 - 10:20am

Economic Times

India may not reach clean energy target, says energy consultancy firm
Economic Times
NEW DELHI: India could fall short of its target of adding 175 GW of clean energy by the end of 2022 due to uncertainty around safeguard duty and weak financial position of power distributors, a survey by renewable energy consultancy firm Bridge to ...
India may miss solar, wind energy targets by 2022: SurveyMoneycontrol.com
The Next Wave of New Jobs in India Will Be in Renewable Energy Sector. Here's WhyEntrepreneur
India wants to maximise renewables production with solar-wind-hybrid plantsQuartz
CleanTechnica
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Private power firms against exporting discounted coal - Economic Times

Thu, 17/05/2018 - 9:21am

Economic Times

Private power firms against exporting discounted coal
Economic Times
They have raised objection through the Association of Power Producers, which urged the coal and power ministry to stop export of power generated from coal priced at a discount and meant for consumption in India. This comes after both public sector ...

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Mumbai: Hindu minorities from Pakistan & Bangladesh get Indian citizenship certificates - Free Press Journal

Thu, 17/05/2018 - 9:08am

Free Press Journal

Mumbai: Hindu minorities from Pakistan & Bangladesh get Indian citizenship certificates
Free Press Journal
Mumbai: Eight Hindus from Pakistan and Bangladesh, currently residing in Maharashtra, were on Wednesday granted Indian citizenship certificates by MoS, Home (Urban) Ranjeet Patil. The union government had earlier decided to grant Indian citizenship to ...

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After two years of fall, India's coal imports grow 8.1% in FY18 - Business Standard

Thu, 17/05/2018 - 6:48am

Business Standard

After two years of fall, India's coal imports grow 8.1% in FY18
Business Standard
The power sector reported shortfall in coal supplies by CIL. Coastal power plants opted for more of import due to this, even though domestic coal was cheaper. The country imported 46.5 mt of coking coal and 166 mt of thermal and other coal in FY18 ...

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