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,...

Uttar Pradesh govt approves thermal power plant in Kanpur

Uttar Pradesh government today gave its nod for setting-up a 2000 megawatt thermal power plant in Ghatampur in Kanpur under Public-Private Partnership (PPP) formula with Public sector unit — Nevyeli Lignite Corporation Limited. The state cabinet...

BHEL, GE India in JV for water treatment solutions

State-owned power equipment maker BHEL today said it would join hands with GE India Industrial Private Limited for manufacturing water treatment equipments. “BHEL and GE India Industrial Private Limited (GEIIPL), a 100 per cent...

Assam edge in power tussle

Assam may have gained an edge over Arunachal Pradesh in a battle over hydel schemes that mirrors the Orissa-Andhra Pradesh tussle relating to the Polavaram dam project. Itanagar is pushing for some 85 hydro-power...

Carbon Credit

Carbon Credit is permit that allows the holder to emit one ton of carbon dioxide or its equivalent. Credits are awarded to countries or groups that have reduced their green house gases below their emission quota. Carbon credits...