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Government's ambitious power capacity target may lead to huge surplus - Economic Times

Indian Power Sector News - 2 hours 43 min ago

Economic Times

Government's ambitious power capacity target may lead to huge surplus
Economic Times
According to Brookings India, the numbers for renewable energy, coal-fired capacity and power demand don't quite add up upon triangulation. The targeted 1,500 million tonne of coal by 2020—mostly used by the power sector—and an added 175 GW of ...

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SBI pushing for Jyoti Structures takeover by Dubai's Amin Group - Livemint

Indian Power Sector News - Sun, 28/08/2016 - 11:52pm

Livemint

SBI pushing for Jyoti Structures takeover by Dubai's Amin Group
Livemint
Mumbai: State Bank of India (SBI) is pushing creditors of Jyoti Structures Ltd to accept a takeover proposal from Dubai-based Amin Group, despite knowing about a past working relationship between promoters of the two companies, two people with ...

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To reduce dependence on IPPs, Suzlon to focus on captive customers - Hindu Business Line

Indian Power Sector News - Sun, 28/08/2016 - 10:24pm

Hindu Business Line

To reduce dependence on IPPs, Suzlon to focus on captive customers
Hindu Business Line
Most of the rest comprised public sector companies. Tanti does not like this ... Tanti sees a big market in 'captive customers' because today Indian manufacturing companies pay upwards of ₹7 per kWhr, who would find cheap wind power a big help. As such ...

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Mehbooba Mufti launches UJALA scheme in Jammu and Kashmir - The Indian Express

Indian Power Sector News - Sun, 28/08/2016 - 10:05pm

The Indian Express

Mehbooba Mufti launches UJALA scheme in Jammu and Kashmir
The Indian Express
The Chief Minister said the government was working on a “comprehensive roadmap to augment the generation, transmission and distribution systems” to ensure quality power supply to the consumers, adding it was with this augmented power sector, that the ...

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Less indebted India Inc - Hindu Business Line

Indian Power Sector News - Sun, 28/08/2016 - 9:21pm

Hindu Business Line

Less indebted India Inc
Hindu Business Line
Reforms in sectors such as mining, and infrastructure segments like roads and power are beginning to reflect in the performance of companies. Of the highly indebted sectors, power has shown a marginal improvement in interest cover. Debt levels of steel ...

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Less indebted India Inc - Hindu Business Line

Indian Power Sector News - Sun, 28/08/2016 - 9:21pm

Hindu Business Line

Less indebted India Inc
Hindu Business Line
Reforms in sectors such as mining, and infrastructure segments like roads and power are beginning to reflect in the performance of companies. Of the highly indebted sectors, power has shown a marginal improvement in interest cover. Debt levels of steel ...

and more »
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BSP supremo Mayawati takes fight to Mulayam's turf; slams SP, BJP - The Indian Express

Indian Power Sector News - Sun, 28/08/2016 - 5:10pm

The Indian Express

BSP supremo Mayawati takes fight to Mulayam's turf; slams SP, BJP
The Indian Express
They were ousted from power due to their wrong policies,” she said. The BSP supremo said Congress was now talking about 10 per cent reservation for economically backward among the upper castes. Moreover, many jobs were in the private sector where ...

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'Coal freight hike may force cos to pass burden to consumers' - Business Standard

Indian Power Sector News - Sun, 28/08/2016 - 11:25am

'Coal freight hike may force cos to pass burden to consumers'
Business Standard
Last week, Indian Railways facing a shortfall in freight loading, rationalised its coal tariff by reducing long-distance transportation rates, while raising it for short distances. It also imposed a Rs 110 per tonne coal terminal surcharge at loading ...

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Coal freight hike may force cos to pass burden to consumers - India Today

Indian Power Sector News - Sun, 28/08/2016 - 11:20am

Coal freight hike may force cos to pass burden to consumers
India Today
Last week, Indian Railways facing a shortfall in freight loading, rationalised its coal tariff by reducing long-distance transportation rates, while raising it for short distances. It also imposed a Rs 110 per tonne coal terminal surcharge at loading ...

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Ex-coal secy agrees to apply for bail, accept defence counsel - Daily News & Analysis

Indian Power Sector News - Sun, 28/08/2016 - 8:02am

Daily News & Analysis

Ex-coal secy agrees to apply for bail, accept defence counsel
Daily News & Analysis
In his application, filed in the Kamal Sponge Steel and Power Ltd (KSSPL) case, Gupta claimed that his conscience is clear since he acted in good faith to increase coal production. Gupta, was given time from the court to rethink his decision. However ...
What the people defending former coal secretary HC Gupta are not telling youScroll.in

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'Assam needs industrial revolution' - The Shillong Times

Indian Power Sector News - Sun, 28/08/2016 - 7:27am

Times of India

'Assam needs industrial revolution'
The Shillong Times
Speaking at the India Oil and Gas Summit-2016 here on Friday, Patowary spoke about the importance that the oil and gas sector has in the economic development of the North East region and how much more could be done in this sector. ... organised by the ...
Assam needs industrial revolution, hydrocarbons hold keyIndia Today

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Assam trade unions to support September 2 All India strike - The Sentinel

Indian Power Sector News - Sun, 28/08/2016 - 12:26am

Assam trade unions to support September 2 All India strike
The Sentinel
Taking advantage of the change in power in Assam, the Central Government has paved the way for foreign and Indian capitalists to make inroads into the oil sector, forest and water resources. This move of the Centre will create more unemployment and put ...

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Welspun tanks, Urjit Patel's promotion and new airports - Livemint

Indian Power Sector News - Sat, 27/08/2016 - 11:36pm

Livemint

Welspun tanks, Urjit Patel's promotion and new airports
Livemint
Civil aviation minister Ashok Gajapathi Raju said on Tuesday that India is set to get 50 new airports over the next three years. Ten of these are expected to be ... The shuttler was India's best performer, bagging a silver medal. She had 1.48 million ...

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Pakistan: 19 MQM offices razed, over 200 unit offices sealed - The Indian Express

Indian Power Sector News - Sat, 27/08/2016 - 8:31pm

The Indian Express

Pakistan: 19 MQM offices razed, over 200 unit offices sealed
The Indian Express
Further cracking down on Pakistan's MQM, authorities have demolished around 19 of the party's offices and sealed another 219 of its sector and unit offices besides the headquarters for being 'illegally' constructed on government land. The offices of ...

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India to Grow Closer to 8% This Year: Shaktikanta Das - BloombergQuint

Indian Power Sector News - Sat, 27/08/2016 - 8:25pm

BloombergQuint

India to Grow Closer to 8% This Year: Shaktikanta Das
BloombergQuint
India has given $100 million [to the SAARC Development Fund], and so far the emphasis has been social sector projects,” he said. He said ..... The government cannot manage these businesses in a way where they have the sole power of decision-making.

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Over 400 liquor licences granted since AAP came to power: Yogendra Yadav - The Indian Express

Indian Power Sector News - Sat, 27/08/2016 - 6:27pm

The Indian Express

Over 400 liquor licences granted since AAP came to power: Yogendra Yadav
The Indian Express
As per data provided by Abhiyan, the number of L10 (retail vend of Indian and foreign liquor in shopping malls or airport) and L12 (retail vend of beer and wine in departmental stores) licences that have been granted since February 2015 are 67 and 69 ...

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Over 400 liquor licences granted since AAP came to power: Yogendra Yadav - Financial Express

Indian Power Sector News - Sat, 27/08/2016 - 6:14pm

Financial Express

Over 400 liquor licences granted since AAP came to power: Yogendra Yadav
Financial Express
The AAP government granted over 400 liquor licences under various categories since it came to power, Swaraj Abhiyan leader Yogendra Yadav today alleged, terming Arvind Kejriwal's "promise" to discourage and reduce booze consumption in Delhi a ...

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AAP govt gave over 400 liqour licences: Yogendra Yadav - Business Standard

Indian Power Sector News - Sat, 27/08/2016 - 6:08pm

Business Standard

AAP govt gave over 400 liqour licences: Yogendra Yadav
Business Standard
The Aam Aadmi Party (AAP) government granted over 400 liquor licences under various categories since it came to power, Swaraj Abhiyan leader Yogendra Yadav alleged on Saturday, terming Arvind Kejriwal's promise to discourage and reduce booze ...

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Time correction has started in Indian markets: Credit Suisse - Economic Times

Indian Power Sector News - Sat, 27/08/2016 - 3:38pm

Time correction has started in Indian markets: Credit Suisse
Economic Times
Mumbai: A `time correction' has started in the Indian markets; and for the broader markets to do well, confidence in future earnings and a broader economic revival is needed, which are unlikely before the end of this year, said Credit Suisse in a note.

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Coal Scam: Ex-Coal Secy Withdraws Plea to Face Trial From Jail - BloombergQuint

Indian Power Sector News - Sat, 27/08/2016 - 3:27pm

BloombergQuint

Coal Scam: Ex-Coal Secy Withdraws Plea to Face Trial From Jail
BloombergQuint
In a U-turn, ex-Coal Secretary HC Gupta, an accused in several coal scam cases, today withdrew his application seeking to pull out a personal bail bond in a case involving MP-based Kamal Sponge Steel and Power Ltd (KSSPL) and others and face trial from ...
What the people defending former coal secretary HC Gupta are not telling youScroll.in

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