Cabinet clears coal linkage policy
In a long awaited relief for the thermal power sector, the Cabinet has approved ‘Shakti’ (acronym Scheme to Harness and Allocate Koyla (Coal) Transparently in India), a policy which aims to auction long-term coal linkages to power companies. The move is expected to revive 30 GW of power plants awaiting fuel supply, including those of Reliance Power, Adani Power, Lanco Infratech, GMR Energy, DB Power, CESC and KSK Energy.
We at Power Today are pleased to present the Power 20:20, the league of 20 companies and 20 people who have made a mark during 2015-16 going by various parameters, for the 8th year in a row. With the active research support of Feedback Infra Private Limited (FIPL), our Knowledge Partner, we have steered through this massive annual exercise successfully. The result is there for you to see.
Power for All
Our magazine, Power Today, has completed eight years of partnership with the stakeholders in the country´s power sector. These eight years have been an exciting journey for us, rich in learning, vibrant in diversity, and rigorous in terms of analysis.
GMR to invest Rs 471 cr
GMR Group is in the process of setting up an LNG terminal at Andhra Pradesh´s Kakinada sea port with an investment of Rs 471 crore.
GMR divests 30percent in energy assets
Bengaluru based GMR Group will disinvest 30 per cent in its 10 energy assets to a Malaysian power utility for $300 million (Rs.2,000 crore).
GMR´s gas power plant begins commercial operation
GMR Infrastructure announced that GMR Rajahmundry Energy (GREL), a subsidiary of GMR Energy announced successful commencement of commercial operation of its 2x384 MW Gas-based combined cycle power plant at Rajahmundry in Andhra Pradesh.
Addressing Grave Concerns
Over the past two years, the energy sector is building up the strength to overcome the existing bottlenecks. While at times it does seem like a paradigm shift is on the anvil, more often than not, reality hits since a real breakthrough fails to emerge.