Author: Himanshu Arora

REC offers Rs 8,775-cr loan to NTPC

Public sector financer REC Ltd said it has given a loan of Rs 8,775 crore to NTPC Ltd. The loan agreement has been executed with Nabinagar Power Generation Co Pvt Ltd, a joint venture...

Monsoon plays havoc with Coal India output

Already under watch from several quarters, Coal India Ltd has indicated to its nodal Ministry that it may fall short of nearly 12 million tonnes (mt) from its annual production target of 464.10 mt....

NHPC plans to set up 3 thermal projects: Scindia

NHPC plans to take up three thermal projects, one in Madhya Pradesh and two in Bihar. Jyotiraditya M. Scindia, Minister of State (Independent Charge) for Power, told the Consultative Committee on Power that, “All...

Haryana recovers power theft penalty

A total of 25,630 cases of power theft have been reported in Haryana during the current fiscal so far, with the authorities recovering Rs 33 crore as penalty from the offenders. “Officials checked 1,47,317...

JSPL keen on power purchase pacts as Q3 net dips

The Naveen Jindal-promoted Jindal Steel and Power Ltd (JSPL) is looking to sign long-term power purchase agreements with State Electricity Distribution Utilities (Discoms). This is after lower power sales dragged the company’s consolidated net...

Novel designs are taking wind power to the next level

A new generation of more productive turbines slated for release this year could be what it takes to make wind widely competitive with fossil fuels Superficially, wind turbines haven’t changed much for decades. But...