According to a prediction by Freedonia Group, a division of MarketResearch.2% per year to $15.
MUMBAI: The Enforcement Directorate’s (ED) move to attach the properties of Bhushan Power & Steel (BPSL) is a “vindication” of its stand, JSW Steel said on Sunday.India’s second-largest steelmaker has offered to acquire BPSL, but sought immunity from litigation related to alleged frauds at the bankrupt company.
Senior economics reporter
Large group of athletic people having sports training on exercise bikes in a gym
A recession in the U.“We shouldn’t get carried away with the risk of recession in the U.
New Delhi: The Centre is persuading state governments to forego their share of free power from hydroelectric plants to make the projects viable and put the hydropower sector on track.A senior government official said the states are being held asked to forego or defer their free power shares only to the extent required to make the tariffs affordable.
In the interim, the court directed the discoms to make payments for the pending bills and future bills at the rate of Rs 2.43 per unit for wind power plants and Rs 2.
The Prakash portal – ‘Power Rail Koyla Availability through Supply Harmony’, will enable all stakeholders to monitor coal supply.New Delhi: The government has launched a portal for better coordination among the ministries of power, coal and Indian Railways for coal supply to power plants.
The total installed power generation capacity of NTPC and NTPC group has become 48,645 MW and 57,106 MW.24 PM ISTNEW DELHI: State-owned power giant NTPC on Thursday said it has added two power generation units of 660 megawatt (MW) each at Tanda and Khargone thermal power plants.
41 PM ISTBCCLAlso, the state-owned power generating companies and power transmission companies, would be benefited from the lower tax incidence, which would be passed on to the discoms under the regulated cost-plus tariff structure.KOLKATA: Centre’s recent announcement of lowering corporate tax rate is a positive development for the power sector, as it would allow the power generators with cost plus power purchase agreements (PPAs) to pass on the lower tax benefit to the power distribution utilities (discoms).
Mumbai: A board meeting of CG Power and Industrial Solutions to decide on the continuity of KN Neelkant as the company's chief executive on Monday could turn out to be tense depending on the outcome, top officials close to the development said.The company board had earlier ousted Chairman Gautam Thapar and Chief Finance Officer VR Venkatesh along with a couple of senior executives for alleged accounting fraud.
But now Hong Kong’s status as neutral ground between mainland China and the outside world is being threatened by a pair of momentous confrontations.ImageThe People’s Liberation Army marching in a Hong Kong ceremony this year marking the 22nd anniversary of the end of British control.
The NTPC Group's total installed generation capacity will be 55,786 MW with beginning of commercial operations of first unit at Lara power station.State-run power giant NTPC on Friday said its 800 MW Unit-I of Lara Super Thermal Power Station in Chhattisgarh will become commercially operational on Sunday midnight.
Sumant Sinha, CMD ReNew Power explained to ET how ReNew Power is helping India achieve one of its commitments to the Paris Agreement.09 AM ISTAgenciesSumant Sinha, CMD ReNew PowerReNew Power is India's largest clean energy Independent Power Producer.
Appealing to the new graduands to develop entrepreneurship skills, the Minister said they should not thinking of taking up new jobs but create new opportunities.VELLORE: Union Minister Nitin Gadkari on Saturday said the central government has proposed to tap wind power from three ports in the country.
The project will be executed on a reservoir of NTPC at Kayamkulam in Alappuzha district of the state.44 PM ISTBCCLNew Delhi: Tata Power Solar has won the bid for 105MWp floating solar energy project in Kerala.
The Trombay unit has an installed generation capacity of 1,580 MW, which supplies electricity to the majority of consumers - both bulk and retail - in Mumbai.(Representational Image) MUMBAI: Tata Power Company has decommissioned ‘Unit 6’ of 500 megawatts at its Trombay thermal power plant in Mumbai, citing the high cost of generation and its inability to get a power purchase agreement after the earlier one expired in March 2018.
power and promote its 'cultural identity' across the world.The Indian Council for Cultural Relations (ICCR) has planned a slew of programmes to promote the country's 'cultural identity' worldwide and boost its soft power, the organisation's president, Vinay Sahasrabuddhe, has said.
According to a company statement, Cennergi (Pty) Ltd is a 50:50 joint venture between Exxaro Resources and Khopoli Investments, a 100% subsidiary of Tata Power.NEW DELHI: Tata Power on Tuesday said its arm Khopoli Investments will divests its entire 50% stake in South African joint venture Cennergi for $106 million (around 761 crore).
With this, the overall operating renewable capacity of TPREL now stands at 2,628 MW in India, Tata Power said in a statement.24 PM ISTAgenciesCurrently, the company is developing 500 MW of renewable capacity across the countryNEW DELHI: Tata Power on Monday said its subsidiary Tata Power Renewable Energy Ltd (TPREL) has commissioned 150 mega watt (MW) solar capacity project at Pokharan in Rajasthan.
55 AM ISTBCCLGautam Thapar (File Pic)MUMBAI: Gautam Thapar, ousted chairman of CG Power, has sought reelection to the board at the annual general meeting (AGM).Officials close to Thapar said he has called his removal illegal based on an “inconclusive report” by Vaish Associates.
NEW DELHI: Andhra Pradesh government has told in the high court it has realised that renewable power contracts with developers cannot be terminated and was embarrassed by its move towards this, but said power purchase agreements need to be renegotiated.Later, on July 12, Southern Andhra Power Distribution Company had sent letters to 139 power plants asking wind and solar energy plant to revise their tariff to Rs 2.