Saving India's $2 Billion
Thermal plants are the mainstay of power production, accounting for about 65 per cent of the total electricity generated in India.
Spot power price up 25 per cent, expected to rise further
Prices of power in the spot market in India have risen 25 per cent to Rs 3.97 per unit in March from R 3.20 per unit in January and are expected to shoot further in the near future, owing to a host of structural and seasonal factors, CRISIL Infrastructure Advisory said.
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.
NTPC invites bids for procurement of agro Residue for its Dadri power plant
NTPC has invited bids for procuring 1,000 metric tonnes per day of agro residue based fuel for its 2,650 mw Dadri power plant in the National Capital Region as part of initiatives to help clean air and provide farmers with an alternate to burning crop residues, a major contributor to pollution.
Piyush Goyal talks about having one global electricity grid
Union Minister of Railways and Coal Piyush Goyal has talked about having a global grid. While addressing a conference of World Energy Council India, Goyal asked the participants to think about having global transmission grid in which power can seamlessly flow from one region to the other.
Essar to surrender Tokisud coal mine, seek Rs 4.9-bn refund
Essar Power has decided to surrender the Tokisud North coal block in Jharkhand. The company has already invested Rs 490 crore in the project. The move which comes in the backdrop of facing delays in key approvals and sudden change in tariff terms, will cripple the company's 1,200-MW Mahan plant in Madhya Pradesh.
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