"India's reported move to block Chinese companies in the power sector seems to be new evidence of the country's overly suspicious attitude toward China, but this could backfire given that India is still plagued by electricity shortages and unstable supply," an article in the Global Times said today.
The Urban Development, Housing Urban Poverty Alleviation & Information and Broadcasting Minister was speaking at the inaugural session of the Global Rajasthan Agritech Meet (GRAM) in Kota.
Wind power has still not met as much success in India as abroad because of a lack of clarity on policy issues.
"Bhadla Ph-IV Solar Park results in a historic lowering of tariffs. Phelan Energy (50MW) and Avaada Power (100 MW) have bagged projects at Rs 2.62/unit. Softbank Cleantech has won 100 MW capacity at Rs 2.63/unit," a senior official said.
The Queensland government said it was probing and considering a compliance action on the issue of possible breach by Adani in respect to water released from its Abbot Point facility that had eight times more sediment than allowed limit.
The Asian Infrastructure Investment Bank (AIIB), in which India is the second largest shareholder after China, has approved the project with the objective to strengthen the power transmission and distribution system in Andhra Pradesh, said a bank statement.
Despite a sequential improvement in realization of Rs 1,500-2,000/tonne, Elara Capital expects operating income of steel manufacturers to be hit on the back of higher coal costs. The brokerage expects JSW Steel to be affected the most as it has been hit with both higher coal cost (up by Rs 3,400/tonne) and iron ore cost (up by Rs 200-250/tonne) in Q4.
The Chief Minister, at a meeting with Prime Minister at New Delhi, also sought the Centre's support in making agriculture more sustainable for the farmers in the state by putting in place a 'Deficiency Price Payment Mechanism' to encourage a shift to non-paddy cultivation.
The increase in supply comes at a time when demand of coal by the power sector has picked up on back of economy doing well.
Etalin Hydro Electric Power Company Ltd, a 74:26 joint venture of Jindal Power and Hydro Power Development Corporation of Arunachal Pradesh, is setting up the run-of-the-river project on rivers Dri and Tangon
Data available with NTPC showed that the overall cost of power generation has come down to below Rs 2 last fiscal, driven by improved quality of coal and its supplies, a power ministry official said.
"The government has identified 7,738 mw inefficient thermal plants, which would be replaced with supercritical units, to conserve scarce natural resources like land, water and coal," a senior official said.
According to the global financial services major, inflation risks are overdone and noted that food inflation is coming off while El Nino is a swing factor and commodity prices are likely to stabilise in 2017, reducing the pressure on imported inflation.
The country is the world's third-biggest producer and importer of the fuel, and with coal accounting for about 70 percent of India's power generation, the government wants to boost domestic output to cut imports.
In April 2013, CERC allowed Tata and Adani Power to hike power tariffs to compensate from a change in Indonesian law which unexpectedly increased coal cost in 2010
A meeting of the state cabinet chaired by Adityanath, the second since he assumed office last month, also decided that district headquarters will get 24-hour power supply, Power Minister Shrikant Sharma told reporters here after the three-hour-long meeting.
The contract agreement was signed between Bhel and Indian Railways Organisation for Alternate Fuels (IROAF).
India added 5,525 MW solar power generation capacity last fiscal, taking the total from this clean source to 12,288 MW.
Among the MoUs signed in the presence of visiting Prime Minister Sheikh Hasina is a facility agreement between Bangladesh India Friendship Power Company (BIFPCL) and Exim Bank of India for debt financing for construction of 1,320 mw Maitree Power Project in Rampal in Bangladesh (USD 1.6 bn).
Hasina, on a four-day visit to India, called upon Indian industry houses to invest in Bangladesh, especially in infrastructure projects, power and energy, transport, manufacturing, food and agricultural processing sectors.
India and Bangladesh have expanded the scope of engagement to an unprecedented scale and are more than just neighbours, Power Minister Piyush Goyal said on Thursday.
At present, tidal energy is in the pre-research and development stage and can cost anywhere between Rs 17 to 36 per unit, Power Minister Piyush Goyal said during Question Hour.
For financial year 2016-17, CIL's offtake target was 598.61 MT, Minister of Coal, Power, Renewable Energy and Mines, Piyush Goyal said in a written reply to Rajya Sabha on April 3.
India will use domestic coal for its proposed 4,000 megawatt power project in southern Tamil Nadu state, instead of imported it, Coal Minister Piyush Goyal said on Wednesday, as the south Asian nation seeks to cut its overseas purchases.
The country added over 5,400 MW of wind energy capacity in 2016-17, beating its own target of 4,000 MW.