Daily Archive: April 6, 2015

Govt to allot fresh coal blocks to state PSUs

Kolkata: The government has decided to allocate fresh coal blocks to public sector companies for commercial mining in order to meet demand for the fuel from small industries located in coal-producing states. While the...

Lesa yet to provide pre-paid meter forms

LUCKNOW: Pre-paid electricity meters seemed like a great idea when they were first proposed by Lesa. However, city residents hoping to better regulate their power consumption through the device are still waiting for Lesa...

Delhi govt asks BSES to pay Rs 6,000 crore dues

New Delhi: The AAP government has strictly directed Reliance Infra-backed BSES power distribution companies to immediately clear dues of nearly Rs 6,000 crore to Delhi Transco Ltd and two state-run power generation companies. Top...

Activists slam hike in BEST power tariff

MUMBAI: Activists have opposed the hike in power tariff imposed by the BEST undertaking from April 1, alleging it was “illegal” and in contempt of court. The BEST has hiked electricity charges by 15%-16%...

Wind power faces rough weather

Wind power capacity is underutilised in the country. Acquisition of land is the major challenge. Despite huge potential in the country, wind energy has faced rough weather in recent years. During the last two...

Understanding green bonds and greener way of financing

Yes Bank and Export-Import Bank of India (Exim Bank) recently tasted success launching what are called ‘green bonds,’ a relatively new way to finance renewable energy projects. April 6, 2015: As reports suggest, higher...

Mytrah Energy: The unknown innovator

In three decades of stock picking, I have rarely come across a company as exciting as Hyderabad-based Mytrah EnergyLimited. If you haven’t heard of it, this is possibly because the company works anonymously from...

Over 1 crore renewable energy certificates unsold at IEX

NEW DELHI: Showing continued sluggishness in the renewable energy certificates market, more than one crore such certificates remain unsold at the power bourse IEX, even as the government aims to boost green energy generation...