Daily Archive: October 7, 2013

NHPC seeks Navratna status, submits proposal to govt

State-owned NHPC, which has embarked on ambitious expansion plans, has approached the government seeking ‘Navratna’ status that would provide the power producer more leeway in investment decisions.      The move comes at a...

No replacement yet for Coal India independent directors

Coal India Ltd, the world’s largest coal miner, has not replaced the seven independent directors who finished their tenures in August after resisting some policy decisions that had been seen as harming the company’s...

An Island (Tokelau) Powered 100% By Solar Energy

Some of the most vulnerable places in the world to live in the face of climate change are islands. Rising sea levels, contaminated ground water, and increasing severity of storms are just some of...

Firms switch off power trading as margins dim

Rising competition from power exchanges coupled with sharply falling demand is tightening the noose around licensed power trading companies. While 15 traders have got their trading licences revoked since 2010, nine of these cases have occurred in the past one...