Indian Power Sector News

World Bank Board Approves US$100 million for Large-Scale Solar Parks in India - satPRnews (press release)

Mon, 03/04/2017 - 5:03am

World Bank Board Approves US$100 million for Large-Scale Solar Parks in India
satPRnews (press release)
This project is one in a series of engagements requested by the Government of India from the World Bank in the solar power sector. The International Finance Corporation (IFC), a member of the World Bank Group, is actively supporting some of these ...

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AfDB meeting in India will help boost investments - Times of India

Mon, 03/04/2017 - 4:12am

Times of India

AfDB meeting in India will help boost investments
Times of India
Already, nearly a quarter of the flows have been to the power sector with another 5% going to rural electrification, said Exim Bank of India managing director David Rasquinha, who said his institution was looking to co-finance projects in Africa ...

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India adds record 5400MW wind power in 2016-17 - Livemint

Sun, 02/04/2017 - 11:58pm

Livemint

India adds record 5400MW wind power in 2016-17
Livemint
In February, solar power tariffs hit a record low of Rs2.97 per kilowatt hour (kWh)and wind power tariff reached Rs3.46 kWh. Even though wind leads India's renewable power sector, it has huge growth potential. According to government estimates, the ...

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Is the green edging out the black? - The Hindu

Sun, 02/04/2017 - 9:23pm

The Hindu

Is the green edging out the black?
The Hindu
A few noteworthy events have happened in the energy sector since the beginning of this year. First, some time in January, renewable energy capacity in India crossed the 50-GW mark, doubling in just five years. And, solar power capacity, which was ...

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Government announces 30% subsidy for upgradation of powerloom sector - The New Indian Express

Sat, 01/04/2017 - 7:03pm

The New Indian Express

Government announces 30% subsidy for upgradation of powerloom sector
The New Indian Express
MUMBAI: Union Textile Minister Smriti Irani today announced that the government has increased subsidy by 30 per cent for upgradation of powerloom sector and for the benefit of small weavers. Irani launched PowerTex India, a comprehensive power- loom ...

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Has India's Energy Sector Really Transformed? - BloombergQuint

Sat, 01/04/2017 - 2:09pm

BloombergQuint

Has India's Energy Sector Really Transformed?
BloombergQuint
India is now surplus in coal and in electricity. We are even exporting power to Bangladesh and are negotiating to do so to Nepal. This is in sharp contrast to the scenario two years ago when power plants were working below desired capacity levels ...
Renewable Energy Capacity Statistics 2017 - IrenaIrena

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Cabinet okays pact on large-scale grid linking of clean energy - The New Indian Express

Sat, 01/04/2017 - 12:29am

The New Indian Express

Cabinet okays pact on large-scale grid linking of clean energy
The New Indian Express
It will enhance the efforts of India's power system for better management of large-scale integration of renewable energy into the power grid, it added. According to statement, the MoU provides areas for cooperation in the area of large-scale ...

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Africa wants Indian cos to invest in power, infrastructure ... - Moneycontrol.com

Fri, 31/03/2017 - 5:08pm

Moneycontrol.com

Africa wants Indian cos to invest in power, infrastructure ...
Moneycontrol.com
AfDB has asked Indian companies to invest in African power, infrastructure and farming sectors as it wants strong engagement with the country in terms of doing ...

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Bhel seeks Isro as partner in aerospace foray - Livemint

Fri, 31/03/2017 - 2:12am

Livemint

Bhel seeks Isro as partner in aerospace foray
Livemint
New Delhi: State-run Bharat Heavy Electricals Ltd (Bhel) is planning to enter the aerospace sector. India's largest power generation equipment maker plans to collaborate with Indian Space Research Organization (Isro) for manufacturing space grade solar ...

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India to consider extension of tax benefits to big power projects | Reuters - Firstpost

Thu, 30/03/2017 - 10:11pm

India to consider extension of tax benefits to big power projects | Reuters
Firstpost
Adding the 20 GW of new capacity could also help India cut bad loans at banks that have been saddled with $133 billion of stressed loans, mainly from the power sector. Long-term power purchase agreements between power producing companies and ...

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India to consider extension of tax benefits to big power projects ... - Firstpost

Thu, 30/03/2017 - 10:11pm

India to consider extension of tax benefits to big power projects ...
Firstpost
By Sudarshan Varadhan India will put forward a proposal in its cabinet on Friday to give 25 large power projects extra time to take advantage of tax incentives, ...

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India to consider extension of tax benefits to big power projects - Times of India

Thu, 30/03/2017 - 10:11pm

India to consider extension of tax benefits to big power projects
Times of India
Adding the 20 GW of new capacity could also help India cut bad loans at banks that have been saddled with $133 billion of stressed loans, mainly from the power sector. Long-term power purchase agreements between power producing companies and ...

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Solar energy reaches another milestone - Hindu Business Line

Thu, 30/03/2017 - 7:50pm

Hindu Business Line

Solar energy reaches another milestone
Hindu Business Line
Figures released by the Central Electricity Authority today show that the Indian solar energy sector crossed a milestone in January – generating over 10 billion units of electricity for the first time. In the April 2016-Januray 2017 period, solar power ...

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Govt, industry to chalk out roadmap for Indian textile sector ... - Moneycontrol.com

Thu, 30/03/2017 - 2:32pm

Moneycontrol.com

Govt, industry to chalk out roadmap for Indian textile sector ...
Moneycontrol.com
Union Textiles Minister Smriti Irani, Power Minister Piyush Goyal, MSME Minister Kalraj Mishra, senior bureaucrats and several top industrialists, especially from ...

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GST will eliminate burden of tax on tax; boost India's economy, GDP: Shaktikanta Das - Moneycontrol.com

Thu, 30/03/2017 - 11:08am

Moneycontrol.com

GST will eliminate burden of tax on tax; boost India's economy, GDP: Shaktikanta Das
Moneycontrol.com
Q: So would it be fair for me to say that on the priority list, would be stressed assets within the steel sector, within the power sector, within the infrastructure sector, the engineering, procurement and construction (EPC) space, those will be the ...
BJP's Opposition To GST Reform Cost India 12 Lakh Crores, Says CongressNDTV

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Kerala, Arunachal, Tripura join UDAY - The New Indian Express

Thu, 30/03/2017 - 6:49am

The New Indian Express

Kerala, Arunachal, Tripura join UDAY
The New Indian Express
“We have a deep focus on monitoring and accountability, and are working towards a clear strategy with visionary goals for which the roadmap has been drawn to bring in efficiency in the whole power sector value chain,” Power Minister Piyush Goyal said ...

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India becomes net exporter of power - Times of India

Wed, 29/03/2017 - 9:48pm

Times of India

India becomes net exporter of power
Times of India
NEW DELHI: India became net exporter of electricity in the current financial year, reinforcing the turnaround story in the country's power sector but also underlining the demand slack in the changing narrative. Using power trade as a tool for diplomacy ...

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Kerala, Tripura, Arunachal take states' list under UDAY to 26 - The Indian Express

Wed, 29/03/2017 - 5:33pm

The Indian Express

Kerala, Tripura, Arunachal take states' list under UDAY to 26
The Indian Express
The Government of India, Kerala and Kerala State Electricity Board Ltd signed a Memorandum of Understanding (MOU) under the Scheme Ujwal DISCOM Assurance Yojana (UDAY) for operational improvement of the Power Utility on March, 2 2017. Arunachal Pradesh ...

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Consolidation in thermal on cards - Dalal Street Investment Journal

Wed, 29/03/2017 - 2:21pm

Dalal Street Investment Journal

Consolidation in thermal on cards
Dalal Street Investment Journal
Power Sector Ministry is making its efforts to make India self-dependent as far as coal is concerned. Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, said that India has been losing precious foreign ...

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Donald Trump signs order sweeping away Obama-era climate policies - The Indian Express

Wed, 29/03/2017 - 7:35am

The Indian Express

Donald Trump signs order sweeping away Obama-era climate policies
The Indian Express
But the United States still imports about 7.9 million barrels of crude oil a day, almost enough meet total oil demand in Japan and India combined. While Trump's administration has said reducing environmental regulation will create ... “Trying to make ...
Trump Abandons The Environment For An IllusionWBUR

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