Daily Archive: November 28, 2012

Power ministry proposes swapping of coal linkages

To reduce generation costs for power companies, the power ministry has recommended allowing swapping of coal linkages between projects operated by a single company. Amid the shortage of domestic coal, lower generation costs would...

Multi-storey buildings can become power franchisees: MSEDCL

After appointing distribution franchisee for cities, MSEDCL is now planning to allow SEZs, IT parks, townships and big multi-storey buildings act as mini-franchisees and distribute electricity in their areas by signing a memorandum of...

Suzlon Energy crosses 20,000-mw installed capacity

The debt-laden wind turbine maker Suzlon, which has just got a go-ahead from its lenders to recast its Rs 11,000 crore debt, today said it has crossed the 20,000-mw of installed capacity operating across...

Industrial users flay KSEB’s stand on open access to power

HT-EHT Industrial Electricity Consumers’ Association has come out against the Kerala State Electricity Board for putting up “stumbling blocks” before establishments seeking open access to power. The Kerala State Electricity Regulatory Commission had issued...

Debt recast: Suzlon to get 2-year moratorium

The recast package envisaged by banks and financial institutions will entail Suzlon Energy being given two years moratorium on interest payment and principal repayment on the 10-year rupee term loan amounting to Rs 3,716...

‘Chinese turbines will affect power sector’

Dependency on Chinese equipment in power sector may have serious implications on the nation’s development, feels distinguished diplomat and former high commissioner to PakistanG Parthasarthy. Out of estimated 43,000MW power produced in various power...