Monthly Archive: April 2017

Essar, Adani and JSW to build LNG terminals at ports

Conglomerates in India now have a Rs 17,000-crore investment theme built around an industrial fuel: liquefied natural gas (LNG). The Essar, Adani and JSW Groups, among others, are setting up LNG terminals along India’s...

Centre plans to auction six coking coal mines

The Centre plans to auction six coking coal blocks, a move that may help in augmenting the supply of the fuel used for steel-making, to cater to growing demand. “The Coal Ministry will put...

IDFC Alternatives eyes First Solar’s India assets

IDFC Alternatives, the asset management arm of the infrastructure-focused lender, is in talks to buy First Solar’s 200 megawatts (MW) of renewable power assets in India in a deal potentially valued at around $200...

Delhi’s inefficient electricity subsidies

Who doesn’t like discounts or freebies, especially from the government? Subsidies aren’t inherently wrong—they can help keep goods and services affordable, and encourage “good” things like education. The challenge is making them efficient and...

Power deficit drops to less than 1 per cent in 2016-17

India’s power deficit dropped to a historical low of less than 1% last fiscal, thanks to record electricity generation capacity added over the last few years, adequate coal stocks and transmission facilities, coupled with...