2010-11 power bill exceeds budget

As Jammu and Kashmir Government struggles to streamline the power sector, the state’s power consumption has exceeded the allocated finances with two months of this fiscal still left. The power bill is likely to...

Fast Breeder Reactor to be commissioned next year

Kalpakkam (TN): India is confident of commissioning the first-of-its-kind Prototype Fast Breeder Reactor (FBR) next year with the technology challenges confronting it having been overcome. The 500 MWe reactor, being developed by the Indira Gandhi...

DERC regulates short-term power purchase

Tightening the noose around private power companies in Delhi, regulatory body Delhi Electricity Regulatory Commission (DERC) streamlined the process of procurement and sale of short-term power (for less than one year) in the city....

ONGC FPO on schedule in March: Oil Secy

The government today said the ONGC follow-on public offer (FPO) will come on schedule in March this year. “There is absolutely no reason to believe that FPO is not taking place this fiscal. It...

Kaiga-4 nuke plant synchronised with southern power grid

The fourth unit of Kaiga Generating Station (KGS), Kaiga-4, India’s 20th nuclear reactor, began supplying electricity after it was linked to the southern power grid early Wednesday, an official said here. After the synchronisation...

REC expects disbursement to grow a quarter in FY12

The state-run lender Rural Electrification Corp expects its disbursement to jump by a quarter in 2011/12 on rising loans demand from the power sector. “There will be a large requirement of funds for setting...

More regulations, not regulators: Jairam

Concern for the environment is not an elitist subject, but is increasingly becoming not only a livelihood issue for tribals and others, but also a public health concern. The changing impact scenario, coupled with...

ADB gives $90 m to Assam for power

Asian Development Bank has extended an $89.7 million loan for the Assam power sector enhancement programme to build two substations, 342 km of transmission lines and augment 11 existing substations. This is part of...

India to produce 20,000 MW of solar power by 2022

The Government of India has set an ambitious target of 20,000 Megawatts of solar power by 2022. This was revealed by Deepak Gupta, Secretary, Ministry of New and Renewable Energy, while delivering the keynote...