NuPower Renewables: What’s up with this company at the centre of Kochhar-Dhoot loan scam?
The company is operational, but could fold up any time. Its liquidity position is precarious. CareEdge Ratings has given a ‘D’ rating to its long-term bank facilities, indicating it is in default or is expected to be in default soon.
NTPC power generation rises nearly 12% to 295 billion units in April-December 2022
State-owned energy giant NTPC's power generation grew 11.6 percent year-on-year to 295.4 billion units (BU) in April-December this fiscal
Business trends, risks and people to watch in 2023
What to look for this year in the corporate world in sectors from energy to private capital and technology
The Green Pivot: Clean power play — A bitter-sweet punch of three Ps
Unless performance picks up, India’s clean power goals can get short-circuited despite promises and potential
Delhi-NCR: Ban on coal, other unapproved fuels comes into force
The NCR covers Delhi, 14 districts of Haryana, eight districts of Uttar Pradesh and two districts of Rajasthan.
Power deficit rises slightly to 0.6% in April-November ; demand surges around 11%
Power consumption has also increased by over 10 per cent to 10,12,249 MU in April-November 2022, from 916,529 MU a year ago.
Adani Power extends timeline to complete acquisition of DB Power till Jan 15
In August this year, Adani Power had informed the bourses that it has agreed to acquire DB Power, which owns and operates a running 2×600 MW thermal power plant at district Janjgir Champa in Chhattisgarh.
Real Estate | Clear guidelines, seed funding can fix legacy power issues in NCR
It all depends on political will to get the cities ready with modern, urban infrastructure. In power, Haryana has taken a clear lead over the Uttar Pradesh suburbs in the NCR
Yearender 2022: When the power sector fired on all cylinders
2022 saw the ground being laid to create storage and transmission infrastructure to support a future boom in green energy, which is expected to be further accelerated by India’s Green Hydrogen Mission.
Petronas, Sembcorp, JSW Neo in talks to acquire Continuum: Report
The companies are expected to submit non-binding bids in January for the deal, which is likely to have an equity value of around $600 million, the report stated.
CERC retains price cap of Rs 12 per unit in power exchanges
The CERC in its order stated that the peak power demand of India has been fluctuating and reached 187 GW in October and November, 2022. But in December (the current month), it increased further and touched 200 GW on December 23.
NTPC: Green energy excites investors but thermal remains vital to earnings
As the company is ramping up renewable energy capacity additions, its shares outperformed the benchmark index for a second consecutive calendar year
Centre pushes for 'early warning system' in hills to avert avalanche, flood tragedies
The 2021 floods washed away two hydroelectric power projects — the13.2 MW Rishiganga hydroelectric power project and the Tapovan project on the Dhauliganga river, a tributary of the Alakananda. The 2013 Kedarnath flood damaged at least 10 such power project while killing at least 5,000 people
NTPC to explore commercial scale green methanol production in India
The green methanol project involves capturing carbon from NTPC power plants and converting it into a green fuel.
European Union ministers trying, again, for compromise on gas price cap
The Czech presidency has drafted a new proposal that would see the mechanism kick off if prices exceed 188 euros per megawatt hour for three days.
Renewable energy rush fails to illuminate solar parks
The government must plug glitches in the solar park scheme quickly so that it can play an effective role in India’s energy transition
IEX becomes India’s first carbon-neutral power exchange
IEX’s commitment towards climate mitigation will support the corporates and industries who want to be associated with an environmentally-responsible organization and will enable them to contribute towards the critical challenge of climate change
All-India electricity demand may grow 7% to 1,480 BU in FY23: Icra
The estimates are based on the fact that all-India electricity demand increased 10.6 per cent year-on-year in first eight months of FY2023, amid a severe heat wave in north and central India
U.S. finalizes $2.5 billion loan to GM, LG battery joint venture
Last week, workers at the $2.3 billion Ultium plant in Ohio voted to join the UAW, a win for the union, which is seeking to organize the growing EV supply chain.
India imports coal worth Rs 2.3 lakh crore in April-September FY23
India imports coking coal and other high gross calorific value (GCV) coal as domestic production is limited due to either scarce reserves or non-availability.
Kudankulam nuclear power plant's four 1000-MW units to be finished by 2027: Union Minister Jitendra Singh
The projected installed capacity of Kudankulam Nuclear Power Plant (KKNPP) site is 6000 MW, comprising of six nuclear power reactors of 1000 MW capacity each, said Minister Singh
Power deficit declines to 0.1% in October from 2% in April this year
The data showed that the deficit was 2,752 million units (units) in April this year which came down to 124 MU in October, 2022.
Oil falls close to 2022 lows on economic worries, easing supply fears
Fears were easing that the price cap on Russian crude could cause a supply shock. Russia, the Vedomosti daily reported on Wednesday
India to step up gas imports to address summer power demand
Global gas markets are expected to remain tight next year as Russian pipeline gas supplies dwindle.
