Daily Archive: October 15, 2012

CRISIL for competitive bidding of coal blocks

Research agency CRISIL has recommended linking the valuation of coal reserves to be put up for bidding to international prices. In its draft report on coal block auctioning, CRISIL has said giving subsidies for...

Power cos likely to get discount on coal blocks

The government may consider giving discount to power companies while auctioning coal blocks to ensure low electricity tariffs, a consulting firm, appointed to assist the coal ministry in fixing prices for captive coalmines, has...

AP’s three pronged strategy for power management

The Andhra Pradesh Government plans to adopt a three-pronged strategy to tackle the severe power crisis in the state. To tide over the present power shortage and overcome the demand supply gap, the State...

DERC set to announce relief for power consumers

Amid widespread anger against hike in electricity bills, Delhi Electricity Regulatory Commission (DERC) is set to announce adjustments in the power tariff structure this week to reduce monthly bills of some consumers by upto...

Waaree to invest Rs 800cr in Indore

Mumbai-based energy firm, Waaree Energy is likely to invest a sum of Rs 800 crore in solar energy sector in Indore and its surrounding areas. Once operational, its plant will have a capacity to...

Major Indian pilgrimage centres going green

What is common between Delhi’s Jama Masjid, Amritsar’s Golden Temple and Maharashtra’s Shirdi temple? Besides being famous places of worship and pilgrimage visited by milllions, they have shifted from conventional to solar power to...

Odisha to face 5% power deficit in FY 13: CEA

Odisha will face 4.9 per cent average power deficit during 2012-13, according to the annual Load Generation Balance Report (LGBR) of the Central Electricity Authority (CEA), under the Union Ministry of Power. The total...

Can Tulsi Tanti salvage debt ridden Suzlon Energy?

Can Tulsi Tanti salvage Suzlon EnergyBSE 1.26 %? Will he lose control over the world’s fifth-largest wind turbine maker, which he built from scratch? The company, which defaulted on a $209-million foreign currency convertible...

Without coal, ‘dark’ days await Haryana

CHANDIGARH: Power cuts are staring at Haryana once again as three of its thermal power plants are facing acute shortage of coal. Haryana Power Generation Corporation Limited (HPGCL) has expressed concern over the depleting...