Daily Archive: July 2, 2013

Higher gas prices to benefit upstream players: CRISIL

The Cabinet Committee on Economic Affairs (CCEA) has approved the revision of domestic gas prices as per the Rangarajan Committee recommendations on June 28, 2013. The committee, which was constituted by the Government of...

Coal sector needs less regulation, not more

Mint, the business newspaper, reported on its front page a few weeks ago, that the Government has decided to overhaul the coal sector via the creation of a regulator which will monitor quality, supply...

Government puts 23 mega power projects on fast track

The government has put 23 big-ticket power projects, which were stalled for want of fuel supply linkages and environmental clearances on fast track. These projects are estimated to generate 23,000 MW of power capacity...

Power theft continues amid checks

Madhya Pradesh Central Region Power distribution Company (MPCRPDC) may have controlled power loss in the form of theft in the heart of Bhopal, but their efforts remain inconclusive in peripheral areas of the city....

GMR Group in race for Malta power plant

Infrastructure major GMR Group is among 11 bidders initially shortlisted for building a 200 MW gas-fired power plant in Malta in the African continent, sources said. GMR will have to compete with other bidders such as...

The Kid syndrome in power pricing

The government is trying to redress a shortage it created in domestic coal production by allowing private utilities to pass through the higher cost of imported coal to electricity consumers. The Cabinet Committee on...