Monthly Archive: October 2015

Goa industry objects state govt move to hike power tariff

Industrialists in Goa said the state electricity department’s proposal to hike power tariff in the year 2016-17 would impact their business margins and make it difficult to operate industrial units. Goa Chamber of Commerce...

Renewable capacity addition jumps 49% in H1

Country’s renewable energy sector has reported significant growth in new capacity addition during the first half of this fiscal. The sector added 1,629 MW of new capacity from various sources during April-September 2015 as...

Coal India forays into power generation

NAGPUR: Public sector giant Coal India Ltd will soon make foray into thermal power generation with its first plant to be set up by subsidiary Mahanadi Coalfields Ltd in Sundargarh district of Odisha, MCL’s...

Seeking revival, Dabhol embraces a brand new plan

Spread over some 1,700 acres in the Ratnagiri district of Maharashtra, the Dabhol power project has worked only intermittently ever since its American promoter, the erstwhile Enron Corporation, left it in a jam in...

India’s power utilities owe banks $90 billion

India’s state electricity utilities collectively owe Indian banks Rs 545,922 crore (or $90.5 billion), according to the Power Finance Corporation’s latest report. This is a sum equivalent to two-and-a-half times the defence budget; roughly six times...