Indian Power Sector News

RK Singh: 'Coal shortage situation will remain for 2-3 years; states allowed to import' - The Indian Express

Wed, 04/07/2018 - 1:03am

The Indian Express

RK Singh: 'Coal shortage situation will remain for 2-3 years; states allowed to import'
The Indian Express
Coal will continue to be a problem for 2-3 years till new mines are opened,” Singh stated at the conference of states' power ministers on Tuesday. Singh said that these mines will be opened when Coal India Limited (CIL) gets the environment clearances.

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Spot power prices dip 50 per cent as rains reduce demand - ETEnergyworld.com

Tue, 03/07/2018 - 4:16pm

ETEnergyworld.com

Spot power prices dip 50 per cent as rains reduce demand
ETEnergyworld.com
Prices have fallen from an average of ₹6.20 per unit at the end of May to ₹2.91 last week at the India Power Exchange. Price at 8 in the morning on Monday dipped to as low as ₹2.13 per unit, one of the lowest in recent times, although it rose to ₹3.60 ...

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Here's why solar tariffs touched all-time low of Rs 2.44 again - Moneycontrol.com

Tue, 03/07/2018 - 3:42pm

Moneycontrol.com

Here's why solar tariffs touched all-time low of Rs 2.44 again
Moneycontrol.com
Solar tariffs hit the lowest level of Rs 2.44 per unit for the second time in the latest 2000 MW auction conducted by the Solar Corporation of India (SECI), Economic Times reported. Solar tariff had dropped to Rs 2.44 per unit during an SECI auction ...
Solar tariffs once again hit all-time low of Rs 2.44 a unit at SECI auctionETEnergyworld.com

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Fresh investments dip sharply in Q1 after rising in previous quarter - Livemint

Tue, 03/07/2018 - 10:28am

Livemint

Fresh investments dip sharply in Q1 after rising in previous quarter
Livemint
... hopes of a quick economic recovery. Fresh data released by the project-tracking database Centre for Monitoring Indian Economy (CMIE) shows that Indian companies announced new projects worth ₹2.05 trillion in the quarter ended June, down 35% from a ...

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Important Government Announcements for India's Solar Sector in June 2018 - Mercom India

Tue, 03/07/2018 - 10:11am

Mercom India

Important Government Announcements for India's Solar Sector in June 2018
Mercom India
National. The Ministry of Power (MoP), Government of India, amended the competitive bidding guidelines for the procurement of power from grid-connected solar PV projects. The MoP has increased the land acquisition period from 7 months to 12 months.

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A sustainable switch to renewables - Financial Express

Tue, 03/07/2018 - 4:01am

Financial Express

A sustainable switch to renewables
Financial Express
This was primarily in response to the Electricity Act, 2003, which de-licensed thermal power generation and encouraged the private sector to take part. For the renewables part, India added around 33GW of renewable capacity, with wind accounting for ...

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CIL coal supply to power plants up 15 pc in Apr-Jun - The Hans India

Mon, 02/07/2018 - 1:37pm

The Hans India

CIL coal supply to power plants up 15 pc in Apr-Jun
The Hans India
"In a major boost to the demand driven power plants, CIL (Coal India Ltd) improved its supplies to power sector with a growth of 15.4 per cent, during first quarter, backed by a healthy 15 per cent growth in rake loading," CIL said in a statement. Coal ...

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India's FDI growth hit 5-year low in 2017-18 - ETEnergyworld.com

Mon, 02/07/2018 - 8:17am

ETEnergyworld.com

India's FDI growth hit 5-year low in 2017-18
ETEnergyworld.com
FDI is important as India would require huge investments in the coming years to overhaul its infrastructure sector to boost growth. Decline in foreign inflows could put pressure on the country's balance of payments and may also impact the value of the ...
The Great FDI HoaxNewsClick

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The five R's central to Indian bank NPAs - CNBCTV18

Mon, 02/07/2018 - 8:16am

CNBCTV18

The five R's central to Indian bank NPAs
CNBCTV18
Since the RBI launched the Asset Quality Review (AQR) in 2015, Indian banks have had to progressively reveal the true extent of their NPAs. These went up from 4.6 percent of advances in fiscal year 2015 (FY15), ... This is visibly improving with the ...

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Bringing banks back from the brink - The New Indian Express

Mon, 02/07/2018 - 7:49am

The New Indian Express

Bringing banks back from the brink
The New Indian Express
The perception of safety of deposits in public sector banks is because of an implicit guarantee that the main 'owner' or shareholder, i.e. the government of India, will never allow a PSB to go belly up. ... The power sector is another potential ...
The five R's central to Indian bank NPAsCNBCTV18

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Bangladesh is keen on buying renewable power from India - Business Line

Sun, 01/07/2018 - 8:19pm

Business Line

Bangladesh is keen on buying renewable power from India
Business Line
All this provides additional opportunities for Indian power sector players for whom Bangladesh has already emerged as a happening spot. However, the flip side is India's own power space growth has been rather muted with no new coal or gas-based ...

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MNRE to meet renewable project lenders to allay fears of low tariff - Financial Express

Sun, 01/07/2018 - 12:03am

Financial Express

MNRE to meet renewable project lenders to allay fears of low tariff
Financial Express
By 2030, considering the 6% increase in power demand, the country will need around 860 Gw of installed power generation capacity. ... The theory — low tariffs not being feasible — can be confounded from the solar generation unit in Rajasthan's Bhadla ...
Govt weighs reverse auction vs conventional bidding for renewable projectsBusiness Standard

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Final Session? 18 Days, 50-plus pending Bills - The New Indian Express

Sat, 30/06/2018 - 11:24pm

The New Indian Express

Final Session? 18 Days, 50-plus pending Bills
The New Indian Express
The 46-page gazette dated the law “enacted in the 46th year of the Republic of India”. The Act activated activists, and ... There is a tussle on between the government and the RBI on classification of NPAs in the power sector. One of the reasons for ...

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Quiet Flows Reforms In TN Power Sector, But Much More Is To Be Done - Swarajya

Sat, 30/06/2018 - 9:10pm

Swarajya

Quiet Flows Reforms In TN Power Sector, But Much More Is To Be Done
Swarajya
We don't face any major power failure and in a city like Chennai, we have no complaints,” says Aubrey Daniels, Regional Director, American Chambers of Commerce, India. Agreeing that reforms are taking place in Tamil Nadu's power sector, Tamil Nadu ...

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Tata Steel approves joint venture with German steel giant Thyssenkrupp - The Telegraph India

Sat, 30/06/2018 - 2:21pm

The Telegraph India

Tata Steel approves joint venture with German steel giant Thyssenkrupp
The Telegraph India
New Delhi, June 30 (PTI): Tata Steel on Saturday said its board has approved a joint venture with German steel major Thyssenkrupp AG to combine the European steel business of both the firms. The joint venture will combine Thyssenkrupp and Tata Steel's ...
Tata Steel agrees to joint venture with Thyssenkrupp to create Europe's second largest steelmakerDaily News & Analysis

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Tata Steel agrees to joint venture with Thyssenkrupp to create Europe's second largest steelmaker - Daily News & Analysis

Sat, 30/06/2018 - 1:07pm

The Telegraph India

Tata Steel agrees to joint venture with Thyssenkrupp to create Europe's second largest steelmaker
Daily News & Analysis
The company plans to produce 35,000 million tonnes (mt)per annum of CRGO electrical steel used in transformers for power sector from the expanded factory, against the current capacity of 10,000 mt. The company had said the new product line set-up will ...
Tata Steel approves joint venture with German steel giant ThyssenkruppThe Telegraph India
Tata Steel approves European steel joint venture with ThyssenkruppTimes of India

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Tata Steel approves European steel joint venture with Thyssenkrupp - Times of India

Sat, 30/06/2018 - 1:01pm

WalesOnline

Tata Steel approves European steel joint venture with Thyssenkrupp
Times of India
New Delhi, June 30 () Tata Steel today said its board has approved joint venture (JV) with German steel major Thyssenkrupp AG to combine the European steel business of both the firms. The JV between two of the world's major steel companies will combine ...
Tata Steel agrees to joint venture with Thyssenkrupp to create Europe's second largest steelmakerDaily News & Analysis

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Private companies have caught up with India's public sector on delinquent behaviour - ThePrint

Sat, 30/06/2018 - 9:34am

ThePrint

Private companies have caught up with India's public sector on delinquent behaviour
ThePrint
The banking problems created by the steel and power sectors may have been bad luck because of ups and downs in the business cycle. But while one blames bankers who failed to assess risk correctly when lending, what about the business judgment of ...

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India's foreign relations are in tatters and the Modi government has only itself to blame - ThePrint

Sat, 30/06/2018 - 8:51am

ThePrint

India's foreign relations are in tatters and the Modi government has only itself to blame
ThePrint
We struggle to make one in three and still take a couple more to fit missiles and sensors on it. After much noise over Make in India and private sector, our achievement is a big cipher. You can throw ... There has been breathless talk of the rise of ...
India's infrastructure on cusp between China, AIIBDaily Pioneer

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India's infrastructure on cusp between China, AIIB - Daily Pioneer

Sat, 30/06/2018 - 12:04am

Daily Pioneer

India's infrastructure on cusp between China, AIIB
Daily Pioneer
For instance, previously in 2017, the AIIB had invested in Andhra Pradesh in the power sector, in Gujrat's Rural Road Project, in Bangalore's Metro Rail Project-Line R6, and in other national initiatives such as the India Infrastructure Fund and ...
India's foreign relations are in tatters and the Modi government has only itself to blameThePrint

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