Daily Archive: July 28, 2015

Coalmin slaps notice on 3 state power companies

The coal ministry has slapped showcause notices on the state-owned power companies of Punjab, Karnataka and West Bengal for their alleged failure to follow the due process of tendering in engaging Eastern Minerals and...

Third round of coal auction sees 31 bids

The third round of coal auctions has received 31 bids from top companies. Of the 10 mines put on the block, six mines had been offered in earlier rounds, too, but failed to attract...

State seeks green energy funds

The state government has demanded funds from the National Clean Energy Fund (NCEF) to promote use of renewable energy in the state. The NCEF corpus, comprising central cess on the coal mined, is being...

CAG finds flaw in Chhattisgarh renewable energy plan

The state-run Chhattisgarh Renewable Energy Development Agency (CREDA) had inked 104 agreements for setting up renewable energy projects during the Global Investors Meet 2012 but not a single project has take shape. The CREDA...

PFC drops in volatile trade

Power Finance Corporation lost 2.12% to Rs 254.05 on BSEafter the government’s stake sale in the company through an offer for sale was fully subscribed. Meanwhile, the BSE Sensex dropped 550.93 points, or 1.96%,...

Master Plan for Capital as Solar City

BHUBANESWAR:The State Government has prepared a master plan to develop the Capital as a solar city. The Ministry of New and Renewable Energy has shortlisted Bhubaneswar along with 54 cities in 27 States for...