Daily Archive: February 1, 2012

Traded power costs zoom to Rs 19/unit in South

In comparison, the figures for ‘rest of India’ were: Rs 1.29 minimum, Rs 3.95 maximum and Rs 2.65 average. The cost of electricity purchased over the Indian Energy Exchange by buyers in the South...

Not in favour of ramping up coal imports: NTPC

India’s largest power generation company NTPC today said it is not in favour of ramping up its coal imports as this would escalate the cost of electricity. “…What happens is that mixing of imported...

GE raises red flag over power gear import duty

General Electric, the $147-billion US multinational, has opposed the government’s plan to impose duty on power equipment imports, stating this would jeopardise its prospects in India vis-a-vis other European companies. In a letter to...

OERC says no to changes in cross-subsidy norms

The Orissa Electricity Regulatory Commission (OERC) has refused to change cross-subsidy norms for 2010-11 and 2011-12 that would have favoured industrial power consumers, saying, it will not be possible at the moment as such...

Coal price hike rollback after industry fightback

  Final call after review of new pricing system in March Protests by coal consumers, led by the power industry, against the government move to switch to a new pricing methodology have forced state-owned...

Rajasthan: bid process draws to close

Rajasthan’s bid process for 200MW of solar projects has been extended from January 30th to February 15th. How much closer will this bid round bring the state to its vision of powering India on...