power

Rahul promises Rs 2 lakh loan waiver,Rs 2,500 MSP for paddy if opposition alliance voted to power

Addressing a poll meeting in Rajmahal in support of JMM candidate Ketubbudin Sheikh, Gandhi said farmers would receive a minimum support price (MSP) of Rs 2,500 for every quintal of paddy, if the Cong-JMM-RJD coalition wins majority.56 PM ISTAP"The BJP government, however, continues to function for the benefit of just 10-15 industrialists," Gandhi said at the rally, which lasted for around 10 minutes.

Government plans Ordinance to ensure power pacts are honoured

“The Centre is working at bringing fairness, transparency and supporting the investment climate in the power sector.The industry requires consistency in policy and delivery, lack of which is affecting the power sector,” a senior government official said.

Independent power producers allowed to use Coal India supplies across plants

This is expected to reduce the cost of power generation making them more competitive because if a power company has separate fuel supply agreement for each plant, it can transfer coal from one plant to another.21 AM ISTBCCLKOLKATA: Independent power producers will now be allowed to use contracted fuel supply from Coal India at any plant run by the same group, a senior executive at the state-run firm said.

MCA plea to reopen CG Power books likely

According to a person in the know, the MCA’s probe has indicated a suspicious diversion of more than Rs.2,000 crore by certain erstwhile directors and key managerial executives.

TV exit polls show BJP retaining power in Karnataka

AgenciesThe bypoll is also significant to Congress leader Siddaramaiah, as winning more number of seats and destabilising the BJP government would reiterate his leadership in the party.Many exit polls conducted by local TV channels in Karnataka have predicted the BJP to win eight seats or more, providing chief minister BS Yediyurappa some breather ahead of the counting of votes scheduled for Monday.

Massive dues of coal PSUs: Parliament panel calls for punitive action on power companies

A parliamentary panel has expressed concern over the massive Rs 8,435 crore outstanding dues of Coal India from power sector and said punitive action should be taken against the defaulting power generating units.The Standing Committee on Coal and Steel in a report tabled in Parliament on Friday also noted that huge amount of dues are outstanding from the state and other utilities for years.

Power generation in October fell over 12% to 98,887 MU

15 per cent to 7,57,946 MU from 7,49,314 MU in 2018-19, Minister of State for Power, New and Renewable Energy R K Singh said in a reply to Rajya Sabha.48 PM ISTAFPIn October 2018-19, power generation in the country stood at 1,13,507 MU.

Sterlite Power acquires Lakadia-Vadodara Transmission Project from PFC Consulting

Earlier, the project was won by Sterlite Power.Now the special purpose vehicle incorporated for the execution of the project by PFC Consulting, has been formally acquired by Sterlite Power, a company statement said.

Barauni power station: NTPC's 250 MW unit at Barauni power station becomes operational

With this, the total installed capacity of NTPC and NTPC Group has become 48,895 MW and 57,356 MW, respectively, a company statement said.".

Tata Power Delhi Discom appoints Ganesh Srinivasan as the new CEO

Prior to moving to Tata Power-DDL, Srinivasan was the Chief Transmission & Distribution, Tata Power in Mumbai.He has been with Tata Power since Sept 2012 and has also headed Strategy & Corporate Planning Division there.

India reaches electricity generation capacity of 365 GW: Power Minister

49 PM ISTAgenciesMost of the solar power projects in the country have been/are being set up with private investment, Singh said.New Delhi: India's installed power generation capacity has reached 364.

Coal-fired power consumption spikes 8% in 2018: Survey

Despite the spike in coal-fired generation, the pace of new coal capacity added to grids in developing nations is slowing, according to Climatescope.52 PM ISTAgenciesThe bulk of the power to be produced from the overall fleet of power plants added in 2018 will come from fossil sources and emit CO2.

Coal supply by CIL to power sector drops over 8 pc to 253 MT in April-October

3 per cent to 33.With torrential rains hitting coal production, Coal India had said that it was keeping a close watch on the current situ.

Eastern Railway plans to generate 30 MW solar power by 2020

Aiming at maximum possible use of clean and renewable energy within the zone, the Eastern Railway (ER) has set a rapid growth path for utilising solar energy from 30 million watts in 2018 to 300 million watts in 2020, ER spokesperson Nikhil Chakra.37 PM ISTAgenciesRepresentative ImageKOLKATA: In an effort to minimise carbon footprint and contribute towards reduction in global warming, the Eastern Railway on Friday said it has set an ambitious plan to generate solar power of 300 million watts (30 megawatt) by 2020.

CG Power draws up plan to work on operations recovery

A recent investigation by the company revealed that nine wrongful transactions, allegedly undertaken by the promoter group led by Gautam Thapar, had caused it a loss of around Rs 3,000 crore.A recent investigation by the company revealed that nine wrongful transactions, allegedly undertaken by the promoter group led by Gautam Thapar, had caused it a loss of around Rs 3,000 crore.

CG Power plans to re-examine accounts of previous three years

35 PM ISTAgenciesCG Power said a total of Rs 3,018.“We are conducting a more comprehensive investigation and the aim is to clean up the financial statements.

Power discom BRPL to launch trial for solar power trading among consumers

20 PM ISTAFPThe method can be used by consumers with rooftop solar power infrastructure to further monetise their investment.The BSES Rajdhani
Power Limited (
BRPL), one of the
power distribution companies here, will
launch a block-chain based platform on
trial basis
for consumer-
to-consumer (or peer-
to-peer)
solar
power
trading.

CG Power to put its Worli head office up for sale

53 AM ISTAgenciesThe monetisation of assets will ease the company’s stretched working capital position which is curbing its ability to grow.MUMBAI: CG Power and Industrial Solutions will soon put on the block its corporate head office building, a landmark in Mumbai’s posh Worli area, as a part of its plan to monetise assets to help revive the cash-strapped company.

Power demand falls 13% in Oct, 3rd straight month of decline

This is the third consecutive month of low power demand which has slowed since August.A senior government official said the electricity demand has been low since three months but the demand for the year till date has been up by 2%.

Brookfield in talks to invest $800 million in ReNew Power

MUMBAI: Canadian asset management firm Brookfield is in talks to invest $800 million in India’s largest green energy company ReNew Power, said two people familiar with the development.The US investor owns over 48% in ReNew Power.