Category: News Updates

9 stranded power plants win imported gas supply auction

Nine stranded gas-based power generation plants including Ratnagiri and GVK Power with an installed capacity of 5070 MW have emerged as successful bidders through a transparent and competitive reverse e-auction process in the fourth...

Looking to bring down cost of borrowings: PFS

PTC India Financial Services Ltd (PFS) is looking to bring down its cost of borrowings and is in discussions with various entities for competitive costs, the company said in its annual report. “PFS is...

Panel pulls plug on KSEB power purchase pact

Dealing a heavy blow to the Kerala State Electricity Board (KSEB), the State Electricity Regulatory Commission has declined to clear the greater part of an ambitious power purchase deal entered into by the KSEB...

No increase in power tariff for consumers in Haryana

No increase has been made in power tariff for any category in the State, with Haryana Electricity Regulatory Commission notifying the tariff order for 2016-17. “The tariff for consumers of all categories has been reduced...

Harvesting Solar – in fields!

Of its several new initiatives, the Narendra Modi government has set out at least two very ambitious targets, which are also quantifiable. One is achieving 100 giga-watts (GW) of solar power generation capacity by...

India bagasse cogen project hits six-year stall

A cogeneration project in India’s Tamil Nadu state has reportedly not yet been built, six years after its foundation stone was laid. The plant at the Alanganallur National Cooperative Sugar Mills was part of...