A static mission
Private firms in the sector are keen on becoming integrated players by investing in the transmission sector, where the rate of return is on a par with the generation sector (around 16 per cent).
IIFCL seeks Korean investment in Indian infrastructure
With an agenda to attract investment in India, the IIFCL has organised a one-on-one discussion of Indian infra developer with Korean investors. The Korean delegation was led by Kim Kyung Wook, Assistant Minister, Ministry of Land, Infrastructure and Transport, Republic of Korea and Song, Byung Hak, Managing Director, KDB Infrastructure Investment Asset Management Co Ltd.
India´s current aggregated technical & commercial (AT&C) losses have been estimated to be around 27 per cent of the electricity generated. Such high AT&C losses are counted as one of the main reasons for the state electricity board´s (SEBs) financially weak status.
Australian green lobby drags Adani group to court over mine project
An Australian environmental lobby has dragged Adani group to the Land court of Queensland, objecting to the Indian mining giant´s $16.5-billion Carmichael Coal mine project in the coal-rich state on the ground that it would endanger biodiversity in the region.
46 districts to see city gas rollout in 2015-16
In a move that would give 46 new districts in the country gas distribution networks in 2015-16, downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB) has started the fifth round of bidding for city gas distribution in 20 districts across Andhra Pradesh, Maharashtra, Uttar Pradesh, Gujarat, Karnataka and Uttarakhand.
Will CSP weather the PV storm?
The Ministry of New and Renewable Energy´s (MNRE) ambitious programme-Concentrated Solar Power (CSP)-has seen no major participation from private players and has been marred by lack of implementation in a correct way.
BoP the builder
A number of players in the balance of plant (BoP) sector, who had a phenomenal order intake in the past several years, are currently reeling under tremendous working capital stretch because of stuck inventory and huge receivables.