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Japan to lend Rs 1.81 billion for hydro power project
November 2018
A Rs 1.81 billion loan agreement deal was signed between India and Japan for the construction of the Turga pumped storage hydro power project at Purulia in West Bengal.
UJALA: LEDing To The Realm Of Energy Efficiency
July 2018
The UK is readying to import its lock, stock and barrel. A few countries are closely studying it with the intent of imbibing it.
Loss-making discoms to be denied loans
April 2018
We have already liberalised the Electricity Act and it provides for franchisees. However, the charging station is not selling electricity, but giving you a service. It is actually buying the electricity from a discom.
Power Finance Corporation reaches out to NCLT
March 2018
Power Finance Corp (PFC) has approached the National Company Law Tribunal (NCLT) to start insolvency proceedings against promoters of stressed power projects, officials said.
Waning hope for UDAY!
March 2018
Although state discoms have managed to leverage UDAY by paring financial losses from Rs.51,589.51 crore in FY16 to Rs.34,826.87 in FY17, a marginal decrease in AT&C losses seems to be the bone of contention, as what has been envisaged has not been achieved yet, barring bailing-out non-performers.
Tamil Nadu's 40,000 crore plan to replace thermal units
February 2018
Tangedco is set to replace all old thermal units in the state with new super critical units at an estimated 40,000 crore. The new thermal units, which will have a combined capacity of 5,700MW, will come up in the next five years. Several state-owned thermal units are working beyond their prescribed life of 25 years.
MoF Economic Survey's claim that social cost of renewables is three times that for coal is bizarre| BTI
August 2017
India’s Ministry of Finance has released a mid-year macro-economic assessment of the country in the form of second volume of the Economic Survey 2016-17. The Survey reflects work of various government departments and provides valuable guidance to future policy making.
FM issues guidelines to retrofit energy efficient appliances
August 2017
Considering the fact that majority of the government buildings are old constructions and, therefore, consume large amount of energy, the Ministry of Finance has issued guidelines for mandatory installation of energy efficient appliances in all Central Government buildings across India.
JSW Energy posts Rs 2,232 cr total income for Q1
August 2017
JSW Energy Limited reported total Income from operations was up to Rs 2,232 crore in the first quarter, this was largely due to lower generation from the coal fired plants and subdued merchant realisations.
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