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.
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.
Rules for coal block auctions to have provisions to stop hoarders
The rules that the government is framing for coal block auctions will have provisions to stop potential hoarders who want to bid for large blocks without having corresponding fuel requirement, an official with knowledge of the matter said, according to news reports.
Coal block auction: Government to consult industry
The government is planning to build a consensus on the modalities for coal block auctions post its de-allocation, as it feels any hush-hush job done would only create moral hazards and allegations of impropriety.
15 coal blocks missed govt list for exemption
Though the government made a case in the Supreme Court for exempting 46 coal blocks from de-allocation, another 15 blocks have ready projects but did not make it to the list. Among companies that could have seen the government pleading on their behalf were Hindalco, Essar and Jindal Steel & Power.
214 Coal Block Allocations Cancelled
The Supreme Court has cancelled all but four of 218 coal block allocations by the government over the past two decades, in a tough verdict that has major implications for the energy sector.
Government cancels auction
The auction of three coal blocks has been cancelled as issues related to certain clearances need to be "revisited", the government has said. "With the approval of competent authority it has been decided to cancel auction as issues concerning prior clearances etc.
Govt to auction coal mines
The government will auction captive coal mines to companies engaged in production of steel, cement and sponge iron after obtaining necessary clearances and detailed exploration of the blocks.
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