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.
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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.
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The Power Paradox
The power sector of the country seems to be full of contradictions - there are about 300 million people who do not have access to power, about a third of the population is not lucky enough to escape scheduled and unscheduled power outages, but about 25,000 MW of installed capacity is unable to find buyers, the reason is that most of the power distribution companies (Discoms) are unable to buy enough power to cater their customers´ needs and even if they are ready to do so, there are not enough transmission lines to transfer excess power from pockets of plenty to the needy geographies.
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Power 20:20 Personality Profile
Dr Arup Roy Choudhury joined NTPC as CMD in September, 2010, and since then the company has achieved several commendable milestones, which include capacity addition of 12,315 MW, which is 27.6 per cent of the total capacity added in the last 39 years i.e. 44,598 MW.
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The Energy Mix
Rather a debatable topic, considering India´s move towards green energy and climate change promise, the country´s energy mix will always be led by coal-based thermal power projects, of course, with the help of other supporting energy resources.
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