Guj annuls 4 GW coal plant
The state has annulled a 4 GW coal UMPP to be developed by the Gujarat State Electricity Corporation, citing existing surplus generation capacity (30 GW — old and renewable energy) and a desire to transition from fossil fuel–based energy sources to renewable power.
Coal issues dog Essars Jharkhand project
Essar Power's Tori project in Jharkhand is stuck for lack of coal, despite a spurt in the fuel's supplies in the country. 'The 1,200 Mw project is almost 50 per cent complete. It would have been completed by now but financial institutions have stopped disbursement of funds, said KVB Reddy, chief executive officer, Essar Power.
Coal issues dog Essar's Jharkhand project
Essar Power’s Tori project in Jharkhand is stuck for lack of coal, despite a spurt in the fuel’s supplies in the country. “The 1,200 Mw project is almost 50 per cent complete.
Operations and Maintenance (O&M) as an industrial function comprises of a broad spectrum of activities required to assure that the set-up, equipment and parts of a factory/unit perform the functions for which the facility was constructed.
India to invest $20 billion in gas fields | Pradhan
India will see an investment of about $20 billion in gas field development in the next five to seven years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said.
Business Fuel launches Metacrust.Com
Business Fuel LLP, Bangalore-based start-up, launched a new platform - Metacrust.com, to revolutionise the way infrastructure, mining and construction industry works in India. This fun and revolutionary H2H e-commerce platform will focus on both B2B and B2C market.
Spurt in imported coal prices to negatively impact the power value chain
The 60 per cent rise in imported coal prices (Richard Bay Index) between April - October 2016 is likely to negatively impact the power sector value chain, says India Ratings and Research (Ind-Ra). Discoms, IPPs with non-escalable fuel cost, merchant IPP’s and ports relying on imported coal for the bulk of their volumes will face volume and profitability pressures.