Indian Power Sector News

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Power Sector Needs Holistic Solutions - The New Indian Express

Mon, 07/07/2014 - 6:05am

The New Indian Express

Power Sector Needs Holistic Solutions
The New Indian Express
It is quite clear thar in large parts rural India decentralised distributed generation ( DDG), both off grid and grid, could help states to provide power as also reduce huge technical and other losses. Viability Gap Funded PPP projects supported out of ...
Indian power companies reform needed for overall growthSteelGuru
UPDATE 1-Indian power plants running out of coal, imports to surgeReuters UK

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Drake & Scull wins $80mn-plus Indian power deal - Construction Week Online

Sat, 05/07/2014 - 9:54am

Drake & Scull wins $80mn-plus Indian power deal
Construction Week Online
“We are currently undertaking projects worth AED365mn ($99.4mn) in India, where we have already proved our credentials in the power sector by delivering a thermal power project and the Coal Conveyor system in Orissa besides the solar power project in ...

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Indian Power Producer Gets Another $140 Million in Funding - Wall Street Journal

Thu, 03/07/2014 - 5:16pm

Wall Street Journal

Indian Power Producer Gets Another $140 Million in Funding
Wall Street Journal
Expectations are running high that the power sector—and renewable energy, in particular—will grow on the back of rising demand and Prime Minister Narendra Modi's business-friendly policies, said Sanjay Chakrabarti, a partner for the Cleantech ...

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ReNew Power raises $140 mn from investors, including Goldman Sachs - Livemint

Thu, 03/07/2014 - 3:40pm

Economic Times

ReNew Power raises $140 mn from investors, including Goldman Sachs
Livemint
India's per-capita power sector consumption—at around 800 kilowatt hour (kWh)—is among the lowest levels in the world, according to the World Bank. While the country has an installed power generation capacity of 248,509.63MW, it faced a peak deficit ...
ADB Clears $350 Mn Funding for Two Projects in IndiaOutlook
Goldman Sachs, ADB & Global Environment Fund invest $140M in ReNew PowerVC Circle
ADB to provide $300m loan for power upgrades in AssamNetIndian

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Indian Power Producer Gets Another $140 Million in Funding - Wall Street Journal

Thu, 03/07/2014 - 9:14am

Wall Street Journal

Indian Power Producer Gets Another $140 Million in Funding
Wall Street Journal
Expectations are running high that the power sector—and renewable energy, in particular—will grow on the back of rising demand and Prime Minister Narendra Modi's business-friendly policies, said Sanjay Chakrabarti, a partner for the Cleantech ...

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How Modi govt can power up India's defence sector - Moneycontrol.com

Mon, 30/06/2014 - 11:49am

How Modi govt can power up India's defence sector
Moneycontrol.com
How Modi govt can power up India's defence sector. India is the largest importer of arms and defence equipment in the world. It has the third largest army and the ninth largest defence expenditure. Despite that, almost half of its equipment is obsolete.

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'Striving to Ensure Every Indian Reliable and Cheap Power' - The New Indian Express

Sun, 29/06/2014 - 9:25am

The New Indian Express

'Striving to Ensure Every Indian Reliable and Cheap Power'
The New Indian Express
Piyush Goyal's demeanour tells that he wants to crank up the rusty sector and literally infuse some “energy” into it so that the consumer becomes the king. He has prioritised areas with the power ministry that he wants to address. He wants the Capital ...

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'Will Light Up India in Next Five Years' - The New Indian Express

Sun, 29/06/2014 - 9:14am

The New Indian Express

'Will Light Up India in Next Five Years'
The New Indian Express
Goyal is confident that his government will remain focussed on the expansion of India's power generation and will make adequate coal available for power plants to run at optimum plant load factors. As per Coal Ministry statistics, last year, India's ...

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India's Coal Ministry identifies coal blocks for power sector - Creamer Media's Mining Weekly

Fri, 27/06/2014 - 1:46pm

NDTV

India's Coal Ministry identifies coal blocks for power sector
Creamer Media's Mining Weekly
KOLKATA (miningweekly.com) - India's Coal Ministry has identified eight coal blocks for allocation to thermal power companies that are facing a shortage of feedstock. According to a note prepared by the Ministry, a technical committee had recommended ...
Challenge for India to ease power shortageThe National

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Piyush Goyal thinking ahead of World Bank on Power Sector Reforms - Niticentral

Fri, 27/06/2014 - 8:32am

Niticentral

Piyush Goyal thinking ahead of World Bank on Power Sector Reforms
Niticentral
Power Sector reforms in India have been the subject of much debate in recent weeks. A recent study conducted by World Bank says power distribution in India needs immediate attention along with sweeping reforms if the country has to attain the desired ...

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Power industry hopeful of new lease of life - Business Standard

Thu, 26/06/2014 - 11:54pm

Business Standard

Power industry hopeful of new lease of life
Business Standard
"The sector needs an increase in banks' sectoral limit (from 15 per cent to 25 per cent), encouragement for external commercial borrowings (ECB) by a hedging mechanism to manage forex exposure and relaxation in Reserve Bank of India guidelines on ...

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Extension of tax holiday, MAT exemption in power sector's Budget wishlist - Business Standard (blog)

Thu, 26/06/2014 - 3:31pm

Business Standard (blog)

Extension of tax holiday, MAT exemption in power sector's Budget wishlist
Business Standard (blog)
Santosh Kamath, Partner, Infrastructure & Government Services, KPMG in India expects extension of tax holiday for the power sector. ''Revival of demand for domestic equipment manufacturing is important and that means urgent revival of investment cycle ...

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Indian power sector needs reforms - World Bank - SteelGuru

Thu, 26/06/2014 - 10:37am

Indian power sector needs reforms - World Bank
SteelGuru
Business Standard reported that the World Bank has painted a bleak picture of the Indian power sector. It has put together worrisome findings in its report on the performance of distribution companies, state electricity regulators and central public ...

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PTC India Plans To Enter Power Generation Sector - Energy Sector News in India

Wed, 25/06/2014 - 1:45pm

PTC India Plans To Enter Power Generation Sector
Energy Sector News in India
PTC India (Power Trading Corporation), India's largest electricity trader, plans to own and operate power generation assets through its subsidiary PTC Energy that may commission greenfield projects or acquire operational plants. The company intends to ...

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power sector faces $27 billion in annual losses - Business Today

Wed, 25/06/2014 - 10:06am

Business Today

power sector faces $27 billion in annual losses
Business Today
Launching its report into the sector, the World Bank said that despite the gains made in the past decade, when 280 million Indians got access to electricity, India would struggle to make further progress unless it gave its utilities the freedom to ...
Indian power sector needs reforms - World BankSteelGuru
India needs sweeping power sector reforms: WBSME Times
World Bank Report: Challenges In Electricity DistributionEnergy Sector News in India

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India needs sweeping power sector reforms: WB - SME Times

Wed, 25/06/2014 - 10:06am

India needs sweeping power sector reforms: WB
SME Times
Pointing out that India's annual per capita power consumption at around 800 units is among the lowest in the world, the World Bank called for more private participation in the distribution. It has identified electricity distribution to the end consumer ...

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Indian power sector faces $27 bln in annual losses - World Bank - Reuters India

Wed, 25/06/2014 - 9:59am

Business Today

Indian power sector faces $27 bln in annual losses - World Bank
Reuters India
NEW DELHI (Reuters) - India's power sector faces annual losses of $27 billion by 2017 unless sweeping reforms are taken to tackle inefficient subsidies, theft and political meddling in utility companies, the World Bank said on Tuesday. Prime Minister ...
power sector faces $27 billion in annual lossesBusiness Today
Indian power sector needs reforms - World BankSteelGuru
India needs sweeping power sector reforms: WBSME Times
Energy Sector News in India
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Make power distribution reforms a top priority for India: World Bank - Economic Times

Wed, 25/06/2014 - 7:30am

Economic Times

Make power distribution reforms a top priority for India: World Bank
Economic Times
Today, India's annual per capita power sector consumption is at around 800 units, which is among the lowest levels in the world, the World Bank said in a statement. World Bank's latest report named -- More Power to India: The Challenge of Distribution ...

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PTC India plans to venture into power generation - Economic Times

Wed, 25/06/2014 - 6:19am

Economic Times

PTC India plans to venture into power generation
Economic Times
With the new government in place, we are confident of debottlenecking in power sector and PTC Energy is finalising its business plans," PTC India's chairman and managing director Deepak Amitabh told ET. PTC Energy, formed two years ago with the ...

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PTC India plans to venture into power generation - Economic Times

Wed, 25/06/2014 - 6:19am

Economic Times

PTC India plans to venture into power generation
Economic Times
With the new government in place, we are confident of debottlenecking in power sector and PTC Energy is finalising its business plans," PTC India's chairman and managing director Deepak Amitabh told ET. PTC Energy, formed two years ago with the ...
PTC India Plans To Enter Power Generation SectorEnergy Sector News in India

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