Daily Archive: March 29, 2012

Rice husk, solar energy to solve power issues

If all goes well, rice husk and solar power — two very unlikely entities — will together provide rural India with a twin solution to its problems of power shortage and lack of storage...

Solar power generation still behind schedule

Though 21 solar projects of 28 in the first batch are ready to supply electricity, at least nine haven’t begun production, according to two people involved with India’s solar mission. The delay prevails, even...

GMR’s power zone plan blocked by gas shortage

GMR Infra’s plans to have a power zone at its 11,000-acre Special Economic Zone in Andhra’s Kakinada have taken a back seat, due to drop in gas production at the Krishna-Godavari basin. “The (power)...

Prices fall on REC market at end of first year

In the last trading session of the first year of ‘renewable energy certificates’ trading on Wednesday, prices of the certificates fell 5.4 per cent on the Indian Energy Exchange, the exchange that accounts for...

Farmers in parts of Maharashtra could get free power

Farmers in Vidarbha, Marathwada and some parts of western Maharashtra which are facing a drought-like situation could get free power from the state utility. The Chief Minister, Mr Prithviraj Chavan, told the Legislative Assembly...

Government may tweak oilfield profit-sharing formula

The government is considering changing profit-sharing mechanism for oilfield contracts before launching the next round of bidding for oil and gas blocks in line with the national auditor’s view that the current system gives...

CIL board still undecided on fuel supply agreements

Private power producers’ hopes to secure low-cost supplies from Coal India (CIL) continued to hang in the balance as the state-run firm’s board could not approve contractual conditions for the second time in a...

India likely to pay $10 per unit for TAPI gas

Natural gas from Turkmenistan would be delivered to India at an estimated price of about $10 per unit, including $3 as transportation charges and transit fee, in the proposed 1,680-km pipeline via Afghanistan and...

Siemens picks up $24.5 million SCADA/DMS order from India

Siemens will install turnkey supervisory control and data acquisition technology (SCADA/DMS) for power distribution networks for the Indian state of Maharashtra’s State Electricity Distribution Company Ltd. The US $24,467,000 order was awarded as part...