Plant to generate power from waste Okayed

Bruhat Bangalore Mahanagara Palike (BBMP) Council on Wednesday approved the setting up a plant to generate power from waste, despite the Opposition parties’ disapproval. The project will be implemented on BOT (build-operate-transfer) basis by...

CIL board clears fuel pact draft

Coal India Ltd’s board approved a draft agreement to supply the fuel to power plants, but it has to wait for a directive from the coal minister, which is unlikely to happen before the...

GVK-Hancock is ‘deal of the year’

The USD 1.26 billion GVK-Hancock deal has been has been awarded the ‘Asia Deal of the year’ and GVK was awarded as the ‘Asia Outbound Investor of the year’ at the 8th Annual Asia...

Rice husk, solar energy to solve power issues

If all goes well, rice husk and solar power — two very unlikely entities — will together provide rural India with a twin solution to its problems of power shortage and lack of storage...

Solar power generation still behind schedule

Though 21 solar projects of 28 in the first batch are ready to supply electricity, at least nine haven’t begun production, according to two people involved with India’s solar mission. The delay prevails, even...

GMR’s power zone plan blocked by gas shortage

GMR Infra’s plans to have a power zone at its 11,000-acre Special Economic Zone in Andhra’s Kakinada have taken a back seat, due to drop in gas production at the Krishna-Godavari basin. “The (power)...

Prices fall on REC market at end of first year

In the last trading session of the first year of ‘renewable energy certificates’ trading on Wednesday, prices of the certificates fell 5.4 per cent on the Indian Energy Exchange, the exchange that accounts for...

Farmers in parts of Maharashtra could get free power

Farmers in Vidarbha, Marathwada and some parts of western Maharashtra which are facing a drought-like situation could get free power from the state utility. The Chief Minister, Mr Prithviraj Chavan, told the Legislative Assembly...