NLC India to invest Rs 1.3 trillion
NLC India has lined up a capital expenditure of Rs 1.29 trillion in order to raise its capacity for mining and power generation. Of the total proposed investment, around 70 per cent would be funded through debt and the rest through equity, the company said.
Commercial coal mining - is it timely?
There is a revolution that is sweeping the energy sector globally and in India. The balance now seems to be conclusively tilting towards renewable energy. And, this development is not entirely due to government subsidies, but because these sources of energy are financially viable on their own.
The Powernomics of GST
Finally, Goods and Services Tax (GST) has arrived on July 1, 2017, and the first batch of filing of monthly returns is underway in August 2017. Like any other changeover, GST is also facing its initial pangs.
Change in coal export regulations by Indonesia and Australia has queered the pitch for Tata Power and Adani Power. But can India afford to forsake such huge assets built assiduously?
Many countries imposed regulations & taxes on coal, impacting end-users
Not just Indonesia, many countries, including Australia, have imposed regulations and taxes which impacted end-use companies that mined coal and commodities for purchase at cost of production. Higher taxes meant that input costs exceeded that on which the projects were constructed.
The Indian pump industry is growing at an annual CAGR of ~10 per cent - which is higher than the international CAGR average of ~6 per cent - due to the surge in infrastructure development, growth in agriculture and other water intensive industries.
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