Utilities still face a lot of stress
The company calls its reactor Machine 3, which is capable of producing over 2,00,000 volts and more than 14 million amperes within just two microseconds.
Increased fuel efficiency, a fall in commercial vehicle sales, and the use of other fuels for power generation are also expected to dent demand growth for diesel, analysts and traders told Reuters.
"The sanctioning of the projects has been possible after the area was brought out of Askot wildlife sanctuary in 2013," said Dinesh Tripathi, the newly-appointed GM for the projects, here today.
State-owned power equipment maker Bhel today said it has added 45,274 MW capacity during the 12th Five Year Plan period (2012-17) beating the targets set for the company.
The government is considering "several ideas" to reduce the cost of power generation from hydel sources, including the possibility of gradual escalation of tariffs.
According to a media report, Brookfield was involved in initial stage talks with the power company to sell these plants of 4,000 MW. The deal could prescribe equity value at Rs 4,500-5,000 crore.
Power generation from conventional and renewable sources increased by 6.25 percent to 1,038.90 billion units (BUs) in the April-January period of current fiscal compared to the year-ago period.
Country's solar power generation capacity stood at over 9 GW as on December 31, 2016 with Tamil Nadu having the largest output capability followed by Rajasthan and Gujarat, Parliament was informed today.
The power generator posted a loss of Rs 325.3 crore in December quarter from a profit of Rs 104 crore in the same quarter of previous fiscal; brokerages worry on the company's debt situation, likely unfavourable result in an SC litigation.
NLC India Ltd has invited applications from global companies to set up 250 MW solar photo-voltaic power projects in Odisha.
Power generation in the country recorded a growth of 6.5 per cent in April-September period this fiscal at 632.11 billion units (BU) compared to year ago period, the Parliament was informed today.
Today, India has the third largest reserves of coal in the world. But the [Indian] coal cannot be used by the most power plants in the country.
According to the statement, power generation at private sector projects increase 14.95 percent to 123,885.45 MUs in the first four-month period this fiscal compared with 107,777.67 MUs a year ago.
India's total power generation capacity was 3,03,118.21 MW as on June 30, 2016, which includes 42,848.43 MW, stated Power Minister Piyush Goyal in a written reply to the Rajya Sabha today.
The final unit of the project is also in advanced stages of execution, Bharat Heavy Electricals Ltd (BHEL) said in a filing to BSE.
The Ministry of New & Renewable Energy is keen to set up solar park projects with a cumulative capacity of 20,000 MW, in addition to the already launched such programme of 20,000 MW in 2014, a senior government official said.
"Company recorded 10 per cent increase in power generation in the first quarter of FY17 in comparison to the same period last year with an increase in generation from 58.70 BUs to 64.6 BUs," the company said in a press release.
The outstandings worth Rs 1,507 crore in FY15 saw a decline of Rs 400 crore in FY16, and RN Mishra, the CMD of SJVN believes that things will soon get better for the company.
State-run NTPC today said power generation has started from its 200 mw NP Kunta ultra mega solar power project at Anantapur in Andhra Pradesh.
The renewable energy sector has witnessed a record capacity addition of 6.9 GW during FY2016, which was driven by sizeable capacity addition in both the wind and solar energy segments, which stood at 3.3 GW and 3 GW respectively.
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In an exclusive Hello GST series with CNBC-TV18's Menaka Doshi, Harishanker Subramaniam, Indirect Tax Leader EY, shares his views on the Goods and Services tax (GST) Bill and how it will pan out for the power sector.
The government has set a target of 4,460 MW of power generation capacity addition this fiscal from renewable energy sources, including solar, wind and small-hydro.