Daily Archive: September 26, 2013

Energy exchange gets poor response to REC

The Indian Energy Exchange (IEX) that accounted for 78% of market share at the Renewable Energy Certificate (REC) trading session 25 September witnessed trade of 38,195 Non-Solar and 5,880 Solar RECs with supply far...

CIL opposes coal surplus policy, prefers cash payment

State-owned Coal India (CIL) has refused to accept the proposed future supply obligation in the coal surplus policy being formulated by the government. The miner has suggested that it would rather prefer cash payment for the surplus coal...

Government plans bailout for hydro projects

The government plans to provide relief to the beleaguered hydropower projects in the country by softening the stiff penalties levied on the developers on account of delays. For every six months’ delay in construction,...

MNRE sets target of 10,000 mw of solar power by 2017

Ministry of New and Renewable Energy(MNRE) has set a target of generation of 10,000 MW of power through solar energy by the year 2017. The minister for new and renewable energy Farooq Abdullah said that the phase I of...

Electricity import from India begins October 5

Prime Minister Sheikh Hasina will inaugurate the commercial transmission of power imported from India on October 5. Her Adviser Tawfiq-e-Elahi Chowdhury disclosed this at a press conference organised by the Power Division at Bidyut...