Daily Archive: July 7, 2017

Renewable firms plan $2.5 bn in dollar bonds

State-run banks reluctant to lend due to existing bad loans Four Indian renewable power producers are planning to raise up to $2.5 billion via dollar bonds offshore because of caution among domestic lenders, banking...

KPMG to ready Vision 2030 for Coal India

KOLKATA: KPMG will chart out Vision 2030 for Coal India, which is uncertain about the future of coal and wants to diversify. The monopoly has just issued a letter of intent to KPMG, which...

Energy Minister Starts Website To Help Industries

Energy minister K Kala Venkata Rao said that his department is carrying out an exercise to reduce the electricity charges to fulfill the assurance made by Chief Minister N Chandrababu Naidu. He launched a...

PSPCL tightens noose on thieves

Ludhiana, July 6:- In a bid to curb huge losses caused by power theft, Punjab State Power Corporation Limited (PSPCL) has issued directions to all zonal heads (chief engineers/engineers-in-chief) to lodge first information reports...

Tamil Nadu to tax rooftop solar, cut support

CHENNAI: At a time when the popularity of solar power as a cheap source of energy is growing, the state-owned power utility has come out with a proposal that will reduce the return on...

GMR, B’desh to sign deal to evacuate power

GMR Upper Karnali Hydropower, the developer of the 900 MW Upper Karnali Hydroelectric Project, is preparing to sign a power purchase agreement (PPA) with the Bangladeshi government to evacuate energy produced by the scheme...