Daily Archive: July 14, 2012

CERC directs Haryana, Punjab to cut power over drawl

Chandigarh: In the wake of rampant over drawl by Haryana and Punjab from the northern grid, Central Electricity Regulatory Commission (CERC) has directed the state to comply with the provisions of grid code and cutting...

In Mumbai, Tata Power’s gain is Reliance Infra’s loss

Slowly, but steadily, the migration of consumers from Reliance Infrastructure to Tata Power in the city’s vibrant power sector has gathered pace. Tata Power, with a customer base of 300,000, receives 300-350 consumer applications...

PFC Consulting seeks partner for consultancy biz

PFC Consulting Ltd (PFCCL), a wholly owned subsidiary of Power Finance Corporation, is looking for a partner to provide consultancy in project and design engineering and project management of thermal power plants. “To tap...

Govt may slap 21% duty on imported power gear

The power ministry, in the next couple of weeks, will move a note to the Union Cabinet proposing a levy of 21% on imported power equipment, a senior government official said. On Wednesday, the...

Power shocker in store for rural unmetered consumers

In a surprise move, the Uttar Pradesh Power Corporation Limited has approached the UP Electricity Regulatory Commission with an amended proposal to impose per kilowatt user charge for unmetered power users in rural areas....

Plan to make Chandigarh a Solar City

As part of the plan to make Chandigarh a Solar City, installations will also be made at tourist places, including Sukhna Lake so that decorative lights could be run with renewable energy. A detailed...

Power ministry SOS for imported coal-fired plants

The power ministry has sent out a distress call to the coal ministry seeking restoration of domestic coal linkages to imported coal-fired power plants that need indigenous supplies for blending fuel brought from overseas....

Welspun Says India Set To Double Solar Capacity Target

Welspun Energy Ltd., India’s biggest developer of solar projects, said the nation will surpass its sun-powered generation target by two-fold over the next decade amid shortages of coal and natural gas. “A lot of...

Solar power to the rescue

Here is a first of its kind green initiative aimed at both saving fuel and minimising environmental hazards. The Sabarmati Central Jail authorities have joined hands with solar thermal technology company Flareum Technologies to...

Fitch affirms Miratorg at ‘B’, outlook is stable

Fitch Ratings has affirmed Agribusiness Holding Miratorg LLC’s (Miratorg) Long-term foreign and local currency Issuer Default Ratings (IDRs) at ‘B’ and its National Long-term rating at ‘BBB(rus)’. The Outlooks are Stable. Fitch has also...