12 GW of orders up for grabs
Despite gradual reduction over time, India still has a significant electricity demand and supply gap. Government of India (GoI) has been taking various positive steps to cater to the increasing demand of power in the country.
Coal block auctions: AV Birla, Vedanta, Adani in shortlist
Reliance Geothermal, Essar Power, Adani Power, and Anil Sesa Sterlite are among the companies that have been shortlisted to participate in financial bidding for 23 coal blocks being put up for sale in the first phase of auctions.
Govt may auction CIL coal
The government is exploring ways to auction coal produced by Coal India to avoid aspersions of supplying the scarce fuel at low prices.
Coal India rail links may be inprivate hands
The government is likely to allow private firms to build and operate critical railway lines connecting Coal India mines to power, steel and cement projects.
Manufacturing focus of the country needs more power
We have done capacity addition of 1,167 MW in utility segment and 631 MW in captive segment till September 2014. Another 2,103 MW has been synchronised, awaiting inputs from customers.
Energy-efficient pumps are popular
Mahathi Parashuram, Head - Public Affairs, Grundfos Pumps India Pvt Ltd is of the opinion that innovation and focus on sustainable pumps is still largely lacking. It is important for pump companies to invest in research and development, she says.
Required, Rs.1 lakh cr power equipment!
Yes, you heard it right. With the government on an awarding spree and banks lining up to fund new projects worth more than Rs 2 lakh crore, equipment procurement by independent power producers is likely to gain pace by at least 10 per cent from the current level of 6 per cent in next two year.