Author: IndianPowerSector.com

Coal trading soars as wage negotiations spook buyers

South Africa’s physical coal is trading higher than the equivalent European contract for the first time in six weeks, as unions in the world’s fifth largest exporter declared a dispute over wages and buyers...

Bengal firm to distribute power in Gaya

The Kolkata-headquartered DPSC has received a letter of intent for distribution and supply of electricity to Bihar’s Gaya and adjoining areas, according to a company statement. The company (formerly known as Dishergarh Power Supply...

World’s best gas-yielding zone in Tripura: ONGC

The northeastern state of Tripura has perhaps the world’s highest success rate when it came to yielding natural gas, a top official of state-owned Oil and Natural Gas Corporation (ONGC) said Wednesday. “We are...

JinkoSolar posts first profit in nearly two years

JinkoSolar Holding Co Ltd (JKS.N) swung to a profit after seven quarters of losses due to demand from newer solar markets, making it the first Chinese solar panel maker to return to the black...

14 global consultants show interest in modernising Coal India mines

The government today said 14 global consultancy firms have responded to the expression of interest floated for technology development and modernisation of Coal India Ltd (CIL) mines. “Altogether, 14 international consultancy firms/ organisations having experience in...

SEBI seeks clarification on Rs 700-cr Inox Wind IPO

Market regulator SEBI has sought clarification from power solutions provider Inox Wind regarding the company’s proposed Rs 700-crore initial public offer (IPO). Without disclosing the details of the clarifications sought, SEBI has said that...