Govt hikes natural gas price by 10%

The government has approved a 10 per cent hike in price of natural gas that state-owned firms like Oil and Natural Gas Corporation sell to consumers in non-priority sectors such as steel and petrochemicals....

RPower to double capacity of Rosa plant to 2,400 mw

In an interesting development in Uttar Pradesh’s power sector, the Anil Dhirubhai Ambani Group company, Reliance Power, has decided to enhance the capacity of its Rosa Thermal power plant in Shahjehanpur from the present...

Bilateral agreements on power signed with 4 countries

The Government today informed the Rajya Sabha that the country had signed bilateral agreements with Bangladesh, Bhutan, Sri Lanka and Canada for cooperation in power sector during 2009-2011, but said no power project was set up...

FDI in renewable energy growing rapidly: govt

The government today said Foreign Direct Investment (FDI) in renewable energy sector has shown an upward trend and investment in the sector in 2009-10 has been very attractive. “The FDI in renewable sector has...

Jaitapur N-power unit gets green nod

The Union ministry of environment and forests (MoEF) has given environment clearance to the controversial Jaitapur nuclear power project slated to come up in Madban village (Ratnagiri district) along the Konkan coast. This is the second major...

Coal sector news digest

Coal India studying acquisition of five mines in the US, Australia and Indonesia to meet the country’s demand for the fuel Rival interest helps speed up JSW Energy-CIC deal – It took JSW Energy...

RAPDRP

Introduction Ministry of Power, Govt. of  India, as a part of Reforms  in  the Power Sector, has  launched  the Restructured  Accelerated  Power Development  and  Reforms  Programme  (R-APDRP) in  the  XI Five year Plan. The...

Ministerial note on 15% disinvestment in PFC

The Power Ministry is believed to have sent a cabinet note to the department of disinvestment on its 15 per cent follow on public offer (FPO) in Power Finance Corporation next year, a source...

ADB signs JV with NTPC to develop renewable energy

The Asian Development Bank (ADB) signed a joint venture agreement with NTPC Ltd. and Kyushu Electric Power Company of Japan to develop and operate 500 megawatts of renewable energy projects in India in the...

India to start power trade with Sri Lanka by 2014

The two countries are likely to sign an MoU for a Rs 2,500-crore (Rs 25 billion) project. The government’s initiative to have trading of electricity with Sri Lanka is likely to bear fruit by mid-2014,...