Category: News Updates

SP Group reconnects with growing energy sector

MUMBAI: After being handed over the reins of the $2-billion Shapoorji Pallonji (SP) Group, Shapoor Mistry is betting big on energy. Through Eureka Forbes, the group has entered into solar energy-based products, branded EuroDiya....

Siemens Wins Orders for India Power Plants

Siemens Energy has been awarded three orders by different customers to supply a total of four steam turbine generator units for solar thermal power plants in the Indian state of Rajasthan. The steam turbines of...

Neyveli to add 750 Mw by year-end

Neyveli Lignite Corporation is planning to add 750 Megawatt (Mw) of power into various grids by the end of the year. NLC director – mines B Surender Mohan said Phase I of 250 Mw...

NTPC looking for long-term fuel supplies

NTPC is looking for long-term contracts for sourcing coal. This is to ensure that the company has secure fuel supplies for its projects as well as protect itself from volatility in pricing. The company...

Big jump in renewable energy trading in January

Amid concerns over compliance with the Renewable Purchase Obligations and muted fresh demand for Renewable Energy Certificates from the ‘obligated entities’, January’s trading in RECs, which happened on Wednesday, threw a pleasant surprise to...

GERC fixes tariff for solar power projects

Gujarat Electricity Regulatory Commission (GERC) today said that it has fixed the tariff for the solar power projects that will hold for next three years. The control period for the proposed tariff is from...

Coal price tiff has roots in last year’s change

Ministry to review mechanism today The differential pricing strategy adopted by state-run Coal India Ltd (CIL), while raising prices last February, is at the root of the controversy surrounding the latest decision to switch...