Daily Archive: July 17, 2012

DCNS eyeing opportunities in maritime energy

DCNS, a global leader in naval defence and ship building, is exploring opportunities in marine renewable energy in India. The nearly 400-year-old French company, which is currently building six Scorpene submarines in a multi-million...

Hike power tariff, Montek tells States

The Planning Commission today asked the States to increase electricity charges and use power subsidy to improve essential services like drinking water, education and health. Only rationalisation of tariff, the Commission argued, can ensure...

Shinde stresses on increasing coal production

The Union Power Minister, Mr Sushilkumar Shinde, on Tuesday said a sector like electricity cannot depend too much on imported fuel without exposing consumers to the vagaries of international pricing. “Therefore, the focus in...

Steep fall in wind capacity addition in Q1

Wind power capacity addition fell by nearly half in the first three months of the current financial year over the same period of last year. The fall was led by the two states –...

Who will buy 88,000 mw of power?

With 37,000 mw of existing power capacity lying unutilised, the additional 88,000 mw announced by the power minister will find few takers unless tariffs go up. India’s power minister Sushilkumar Shinde announced that the...