Daily Archive: July 26, 2012

Government may compensate cos for delay in mining nod

Power companies, which are forced to import coal despite high costs due to delays/denial over environment and forest clearances of their captive coal mines, can breathe easy now. The government is planning to allow...

Power Grid plans green corridor for renewable energy

Power Grid Corporation has a Rs 42,000-crore plan for setting up an exclusive countrywide green corridor for renewable energy transmission. Presenting the company’s Q1 results here on Wednesday, Mr R. N. Nayak, Chairman and...

Shriram Group to enter conventional energy

The Rs 50,000-crore Shriram Group plans to use Sree Jayajothi Cement Ltd — in which it had acquired a majority shareholding — as its vehicle to enter conventional energy. It may be noted that...

Norms for LED lighting, equipment soon: Elcoma

The Electrical Lamp and Component Manufacturers Association (Elcoma) is finalising norms for LED lighting and equipment and is expected to come out with the report shortly. Mr. C.G.S.Mani, President of the Association told Business...

Suzlon concludes wind farm assets sale

Suzlon Energy Ltd has said that it has successfully concluded the transaction to divest a block of its wind farm assets and has received the sale proceeds. In a communication to the stock exchanges,...

4,000 MW of old plant capacity to be retired: CEA

About 4,000 MW of ageing thermal power generation capacity will be taken out of production during the Twelfth Plan period, according to Mr Arvinder Singh Bakshi, Chairman, Central Electricity Authority. Mr Singh said these...

Japanese firms keen on Indian power sector

Japanese power equipment companies and lenders are keen to work with Indian companies in all spheres of the power sector, according to a senior official from the Japanese Ministry of Economy. Mr. Tsuneyuki “Hiro”...

CEA to help state power utilities become energy efficient

Hyderabad, July 26 (IANS) The Central Electricity Authority (CEA) is drafting a scheme to help state power utilities with interest subsidy or additional electricity allocation to enable them meet energy efficiency obligations, Chairman Arvinder...