Monthly Archive: August 2013

CIL falls below IPO price on share sale concerns

The Coal India Ltd (CIL) stock on Friday slipped below its initial public offering (IPO) price, after the government appointed merchant bankers to manage the company’s share sale. In intra-day trade, the stock touched a record...

DoT for running towers on renewable energy

Concerned over the widespread usage of diesel by over six lakh telecom towers in the country, the telecom department is working on running towers on renewable energy, starting with non-grid areas. Telecom companies are estimated to be...

Bengal to implement solar RPO this year

In a bid to boost non-conventional energy production, the West Bengal government is set to implement the solar renewable purchase obligation (solar RPO) this year, a minister said Friday. The RPO mandates that every company generating,...

UPERC accused of having double standard on petitions

LUCKNOW: The Uttar Pradesh Electricity Regulatory Commission (UPERC) had cited the absence of a full member board for not taking up petitions pertaining to power tariff revision. But in a surprising move, the Commission...

Power Plus Solar : The journey So Far and Road Ahead

Dear Reader, IndianPowerSector.com, is launching a report on solar which will contain info about all the solar projects in India during 7th REI and Inter Solar Mumbai. The report will also be available on...

REC plans to raise over Rs 37,000 cr in current fiscal

State-run Rural Electrification Corporation (REC) plans to raise over Rs 37,000 crore this fiscal through various instruments, a top company official said today. “We will be raising over Rs 37,000 crore from both domestic...

Electricity tariff hike for BEST customers

In a major electricity tariff shock to Brihanmumbai Electric Supply and Transport (BEST) consumers, state electricity regulator MaharashtraElectricity Regulatory Commission (MERC) approved an average 8.90 per cent tariff hike today for fiscal 2013-14. The revised...

Electricity circuit bench for Mumbai

MUMBAI: Maharashtra governor KSankaranarayanan will inaugurate the circuit bench of Mumbai of the Appellate Tribunal for Electricity (APTEL) on Friday. The Appellate Tribunal for Electricity, established under Electricity Act, 2003 hears cases arising from the orders of the state electricity...

TNERC panel tells TANGEDCO to file plan of action

The Tamil Nadu Electricity Regulatory Commission (TNERC) has asked TANGEDCO to submit a well structured business plan to prevent delays in the commissioning of on-going projects and ensure the optimal transmission and distribution of...