Nepal prepares to sign power trade deal with India
Kshitij Dhingra
July 31st, 2014
0

Energy-starved Nepal is gearing to ink a major power trade deal with India during the upcoming visit by Prime Minister Narendra Modi, who will arrive here on Sunday on his first official visit. 

Three major political parties of Nepal - the Nepali Congress, CPN-UML and UCPN (Maoist) - yesterday consented to the government's plan to sign Power Trade Agreement (PTA) with India during Modi's visit.  The meeting of senior leaders of major parties was called by Prime Minister Sushil Koirala to seek national consensus on the agenda to be discussed with the Indian Prime Minister during his two-day visit. 

The meeting formed a three-member cross-party panel to finalise the contents of the PTA to be forwarded to the Indian side for approval, official sources said. 

The

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Power generation begins at Jurala relief to Telangana
Kshitij Dhingra
July 31st, 2014
0

Power generation began at the Jurala hydro project on Wednesday, bringing relief to the new state of Telangana which is hit by bad monsoon and severe power crisis.

Five of the six generating units were pressed into service to produce 1.80 mw of power. The total capacity of the power station is 6MW. Jurala has been receiving 90,000 cusecs of flood water from Narayanpur reservoir following heavy rains in the upper catchment of the river Krishna in Karnataka. About 5,000 cusecs was released from Jurala to generate power.

Project officials said they will lift the crest gates on Thursday to release flood water if the dam becomes full.

The water level at present is 316.5 feet as against full reservoir level of 318.53 feet. Source: Times of

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power tariff hike to spur SMEs migration from UP
Kshitij Dhingra
July 31st, 2014
0

The proposed hike in industrial power tarrifs in would spur migration of Small and Medium Enterprises (SMEs) to the neighbouring state of Uttarakhand, Indian Industries Association (IIA) has said.

According to IIA, the proposed hike was ostensibly merely 7-10%, however in effect it would result in 25-30% increase in power tariffs for industry.

“The proposed hike would impair our cost competitiveness and we would be forced to relocate to other states offering us cheaper power,” Lucknow chapter president Man Mohan Agarwal told Business Standard here.

He maintained if the proposed power tariffs were executed, it would result in migration of almost 25% SMEs, mostly to Uttarakhand. Besides, IIA has reiterated the demand

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Govt. considering DGAD views on solar cells dumping.
Apoorv Kumar Singh
July 29th, 2014
1

According to reports, the recommendations of The Director General of Antidumping & Allied Duties on putting anti-dumping duties on solar cell imports are under the consideration of the Ministry of Finance, Government of India, said Nirmala Sitharaman, the MoS in the Ministry of Commerce & Industry, in a written reply in Lok Sabha. DGAD has already stated that imports of Solar Cells, Modules or Panels, Thin Films from China PR, Chinese Taipei, Malaysia and USA are below the normal value resulting in dumping of such products. The domestic industry has suffered material injury due to the dumping. To offset dumping and injury, DGAD has recommended the imposition of definitive anti-dumping duties ranging from US$ 0.11 per watt to US$ 0.81 per watt on the imports and accordingly recommended to the Government for imposition of definitive anti-dumping duties ranging from US$ 0.11 per watt to US$ 0.81 per watt on

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GE Invests in 126 Megawatts of Wind Farms in India
Apoorv Kumar Singh
July 29th, 2014
0

According to reports, a unit of General Electric Co. (GE) has invested in three Indian wind farms comprising 126 megawatts of capacity under development by Atria Power Corp. The first 25.6-megawatt project will be completed in Anantapur in Andhra Pradesh state in September, GE Energy Financial Services and Atria Power said in an e-mailed statement today. The companies didn’t disclose the terms of the deal. The two others, which are 50 megawatts each and located in Betul in the central Madhya Pradesh state, will be ready by June next year, the companies said. GE, which manufacturers turbines at a plant in Pune, will deliver 76 megawatts of machines to the farms. An undisclosed manufacturer will supply the remainder, according to the

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