Indian Power Sector News

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Growth with a human face - The Tribune

5 hours 21 min ago

Growth with a human face
The Tribune
... power sector emerges as a key bottleneck. There is need for setting up a national power distribution company to develop a single market for power, and also picking up stranded power assets which are not covered by distribution companies. In other ...

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Smart Grid – A Vision and Road Map for Indian Power Sector - The Columnist

Sat, 20/01/2018 - 8:37am

The Columnist

Smart Grid – A Vision and Road Map for Indian Power Sector
The Columnist
The Indian power sector consists of diverse participants including generation, transmission, and distribution utilities, and system and market operators. For efficient functioning of the sector, effective communication between these entities is of ...

Categories: Latest News

Canadian pension fund CDPQ eyes stake in CLP India; John Energy plans IPO - VCCircle

Fri, 19/01/2018 - 1:03pm

VCCircle

Canadian pension fund CDPQ eyes stake in CLP India; John Energy plans IPO
VCCircle
Canadian pension fund Caisse de dépôt et placement du Québec (CDPQ) may buy a stake in power sector investor CLP India Pvt. Ltd, according to a report in Mint which cited two people familiar with the development. CLP India is a wholly-owned subsdiary ...

Categories: Latest News

Expect government to support power sector in tackling NPAs, create demand: PV Ramesh, REC - Economic Times

Fri, 19/01/2018 - 1:01pm

Economic Times

Expect government to support power sector in tackling NPAs, create demand: PV Ramesh, REC
Economic Times
So we will continue to raise resources. We have raised about $1.2 billion in the overseas market and this year we are likely to raise about Rs 50,000 crore in the domestic market. Next year, we are expecting a loan book growth of 15% to 20% or maybe ...

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Railways is BHEL's first stop in bid to get 40-50% revenue from non ... - Moneycontrol.com

Fri, 19/01/2018 - 12:16pm

Railways is BHEL's first stop in bid to get 40-50% revenue from non ...
Moneycontrol.com
Indian Railways' massive electrification plan may just be the opportunity Bharat Heavy Electricals — the manufacturer of boilers and turbine generators for the power sector — is looking for to make sure it gets 40 to 50 percent of its revenues in ...

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ICRA's Expectations from Union Budget 2018-19 on Power Sector - Indiainfoline

Fri, 19/01/2018 - 12:02pm

ICRA's Expectations from Union Budget 2018-19 on Power Sector
Indiainfoline
The clarity is awaited on import duty (or safeguard duty if any) for PV modules. ICRA further expects measures to be introduced so as to enable long tenure debt funding availability at cost competitive pricing, given the large funding requirements so ...

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Deals Buzz: Bhushan Power's liquidation value doubled to Rs20 ... - Livemint

Fri, 19/01/2018 - 11:56am

Deals Buzz: Bhushan Power's liquidation value doubled to Rs20 ...
Livemint
In other news, Rakesh Jhunjhunwala-backed John Energy to file for Rs300 crore IPO.

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Renewable Energy: India Needs To Look At Exporting Wind Power ... - BloombergQuint

Fri, 19/01/2018 - 10:14am

BloombergQuint

Renewable Energy: India Needs To Look At Exporting Wind Power ...
BloombergQuint
The industry needs to move towards closed envelope bidding format for wind auction, as is the practice worldwide, to address this challenge, Tulsi Tanti, the newly appointed chairman of Indian Wind Turbine Manufacturers Association and Managing ...

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India needs at least $125 billion to materialise its renewable power supply dream by 2022: Report - Firstpost

Fri, 19/01/2018 - 9:10am

Firstpost

India needs at least $125 billion to materialise its renewable power supply dream by 2022: Report
Firstpost
It expects renewable energy to make up 40 percent of installed power capacity by 2030, compared with 18.2 percent at the end of 2017. Kumar said that $125 billion was a “conservative estimate” and foreign capital would be central to achieving the goal ...

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BHELSIA to foray into defence production sector in a year - Times of India

Fri, 19/01/2018 - 12:47am

Times of India

BHELSIA to foray into defence production sector in a year
Times of India
... resources to supplying key components for BHEL power projects, BHEL Small and Medium Industries Association (BHELSIA) is planning to foray into the defence manufacturing sector in a year. At the defence industry development meet organised by the ...

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Canada's CDPQ eyes stake in CLP India - Livemint

Fri, 19/01/2018 - 12:27am

Livemint

Canada's CDPQ eyes stake in CLP India
Livemint
New Delhi: Canada's second largest pension fund Caisse de dépôt et placement du Québec (CDPQ) is looking to acquire a stake in CLP India Pvt. Ltd, one of the largest foreign investors in the Indian power sector, said two people aware of the development ...

Categories: Latest News

Low Carbon And High Tech Put Auto Sector In Flux: CDP Report - BW Businessworld

Thu, 18/01/2018 - 6:14pm

BW Businessworld

Low Carbon And High Tech Put Auto Sector In Flux: CDP Report
BW Businessworld
Knock on effect to other sectors: All of the changes in the auto industry will have a material impact on other sectors such as oil & gas and the power sector, with increased demand for electricity. Paul Simpson, CEO of CDP commented, “The auto sector ...

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Indo-Israel friendship is a match made in heaven: Benjamin Netanyahu - Moneycontrol.com

Thu, 18/01/2018 - 3:01pm

Free Press Journal

Indo-Israel friendship is a match made in heaven: Benjamin Netanyahu
Moneycontrol.com
Netanyahu reiterated the importance of innovation, a subject he touched during his 'power breakfast' meet with select chief executives of Indian companies, and said it is important for businesses to innovate without any hindrance. Israelis collaborate ...
India and Israel: Discovering new drivers to accelerate relationFree Press Journal
Modi is changing India into world's great power via innovation: NetanyahuBusiness Standard

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BHEL bags EPC order - Daily Pioneer

Thu, 18/01/2018 - 2:22pm

BHEL bags EPC order
Daily Pioneer
The key equipment for the contract will be manufactured at BHEL's Trichy, Haridwar, Bhopal, Ranipet, Hyderabad, Jhansi, Thirumayam and Bengaluru plants while the company's Power Sector – Western Region shall be responsible for civil works and erection ...

Categories: Latest News

Energy storage technologies of strategic importance for India: IESA - SME Times

Thu, 18/01/2018 - 1:54pm

Moneycontrol.com

Energy storage technologies of strategic importance for India: IESA
SME Times
Another policy intervention required is need for transparent price signal for electricity that values the peaking power and flexibility. We also need removal of barriers such as higher GST (18% for batteries vs 5% for solar) and import duties for kick ...
Renewable energy ambition needs more moneyLivemint

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Categories: Latest News

Is Yogi Adityanath planning to hand over the power sector to private ... - National Herald

Thu, 18/01/2018 - 12:29pm

National Herald

Is Yogi Adityanath planning to hand over the power sector to private ...
National Herald
Uttar Pradesh is heading towards a big power crisis as the threat of closure of state-run coal-fired thermal power plants looms large following tough environmental norms for curbing carbon emission enforced by the Ministry of Environment and Forests ...

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BHEL hopes Karnataka agrees to buy power so it can get part of ... - Moneycontrol.com

Thu, 18/01/2018 - 11:25am

Moneycontrol.com

BHEL hopes Karnataka agrees to buy power so it can get part of ...
Moneycontrol.com
If a power purchase agreement is signed, BHEL is certain to get two blocks at least totaling 250 MW capacity.

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India will need at least $125 billion to fund renewables dream - Livemint

Thu, 18/01/2018 - 10:15am

Livemint

India will need at least $125 billion to fund renewables dream
Livemint
It expects renewable energy to make up 40% of installed power capacity by 2030, compared with 18.2% at the end of 2017. Kumar said that $125 billion was a “conservative estimate” and foreign capital would be central to achieving the goal. Private ...

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Sembcorp Industries planning IPO for India unit to raise $500-600 ... - Livemint

Thu, 18/01/2018 - 8:08am

Livemint

Sembcorp Industries planning IPO for India unit to raise $500-600 ...
Livemint
Sembcorp India is expected to file its draft IPO papers with Sebi in February, Credit Suisse and Axis Bank are lead investment banks for the share sale.

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Categories: Latest News