Daily Archive: March 11, 2012

CERC proposes stiffer penalty on discoms for overdrawal

The penalty on power distribution companies (discoms) breaching grid security by overdrawing is being sought to be made heavier. According to draft regulations, discoms would have to pay an additional 20 per cent unscheduled...

UJVN-Gail to invest Rs 2,500 cr in 2 power projects

State-run hydropower company Uttarakhand Jal Vidyut Nigam (UJVN) will invest Rs 2,500 crore to set up two gas-based power plants in a joint venture with Gail. Stating this, UJVN Managing Director GP Patel said...

Biomass producers facing uncertain future

While India is working feverishly to ramp up its solar sector, biomass producers are stuck in a hiatus as costs rise and tariff structures remain stagnant. The sector is calling for an urgent review...

RPP Infra to add 50 Mw coal based power

Infrastructure development firm RPP Infra Projects Ltd expects to add a 50-megawatt (Mw) coal-based power project in Indonesia with its order book, soon. The company, through a consortium of companies, is expected to sign...

Nobel laureate says nuclear energy can harm

Some experts may lobby that nuclear power is clean, green and emission-free, but a specialist in the field, Hans-Peter Durr, director emeritus at the Max-Planck Institute in Munich, Germany, says nuclear energy poses serious...

Thermax demonstrates its solar power

Thermax, a Rs 5,300-crore energy and environment management solutions provider, today demonstrated various solar applications for industrial and other usages. The event had participation from industry and representatives from the Government. Mr A.S. Kumar,...