Indian Power Sector News

Govt plans $400 million fund for renewable energy firms - Livemint

Thu, 08/09/2016 - 4:05am

Scroll.in

Govt plans $400 million fund for renewable energy firms
Livemint
According to Ashok Haldia, managing director and chief executive of PTC India Financial Services, a lender to the energy sector, some power generation companies earlier used to delay interest payments by five to six months to the lender. They have now ...
Residential solar rooftop systems fail to shine in IndiaScroll.in
$1.3b funding cut looms for Australia's renewable energy projectsThe Straits Times

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I can assure that we are not going to lose money: Mukesh Ambani on Jio - Economic Times

Thu, 08/09/2016 - 3:43am

Economic Times

I can assure that we are not going to lose money: Mukesh Ambani on Jio
Economic Times
We are not looking to make a killing, but we are looking to make a high-teens return on our capital, which is 18-19 per cent return on our capital, over the investment period," said India's richest man, whose wealth has been estimated at $22.2 billion ...

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India, US stuck in a deadlock on refrigerant gases - Business Standard

Thu, 08/09/2016 - 1:27am

Business Standard

India, US stuck in a deadlock on refrigerant gases
Business Standard
The upcoming amendment to the Montreal Protocol — and not the Indian ratification of the Paris Agreement — was on top of their agenda, besides the global agreement on emission reduction from the aviation sector, multiple sources on the Indian side ...

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$2 bliion renewable energy fund goes in NIIF lap - Business Standard

Wed, 07/09/2016 - 9:25pm

Business Standard

$2 bliion renewable energy fund goes in NIIF lap
Business Standard
Piyush Goyal, minister of state for coal, power, renewable energy and mines said last year that the government would set $1 billion private equity fund for renewable energy projects. He said that the major public sector companies would pool in for the ...

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Auction for wind power on the anvil: Piyush Goyal | The Indian Express - The Indian Express

Wed, 07/09/2016 - 9:17pm

The Indian Express

Auction for wind power on the anvil: Piyush Goyal | The Indian Express
The Indian Express
On increasing share of renewable energy in India's energy mix, the Minister said government has set a target achieving 40 per cent of installed capacity through ...

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USAID announces 5 new partnerships in India - Financial Express

Wed, 07/09/2016 - 7:37pm

Financial Express

USAID announces 5 new partnerships in India
Financial Express
USAID also announced a partnership with the power Ministry's public sector energy efficiency company, Energy Efficiency Services Limited, to transform India's markets for super-efficient air-conditioners. At present, less than five per cent of ...
Indo-US clean energy cooperation to expandETEnergyworld.com

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USAID announces 5 new partnerships in India - Business Standard

Wed, 07/09/2016 - 6:59pm

Financial Express

USAID announces 5 new partnerships in India
Business Standard
"As part of the expansion of US-India bilateral cooperation, USAID will continue to support Ministries of power, new and renewable energy, and environment to help India transition to a high-performing, low-emission, energy-secure economy," Stivers said.
Indo-US clean energy cooperation to expandBILKUL

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No bank privatisation, GST implementation on target: Jaitley - ABP Live

Wed, 07/09/2016 - 6:33pm

ABP Live

No bank privatisation, GST implementation on target: Jaitley
ABP Live
“I don't think that public or political opinion has converged to the point where we can think of privatisation of our banking sector,” Jaitley told the Economist India Summit at the Taj Palace Hotel here. “Health of public sector banks is first ...

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Sensex trading flat; capital goods, PSU stocks major gainers - Hindu Business Line

Wed, 07/09/2016 - 2:01pm

NDTV

Sensex trading flat; capital goods, PSU stocks major gainers
Hindu Business Line
Indian shares were largely flat on Wednesday, hovering near their highest level in 18 months, as investors booked profit in recent outperformers such as Housing Development Finance Corp Ltd. Overall sentiment remained buoyant after surprisingly ...
Positive market breadthBusiness Standard
Amara Raja Batteries, Tata Motors among 115 stocks that touch fresh 52-week high as Nifty tops 8900Financial Express

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India will be 50 years late in achieving global education goals, needs fundamental changes: Unesco - Firstpost

Wed, 07/09/2016 - 1:47pm

Firstpost

India will be 50 years late in achieving global education goals, needs fundamental changes: Unesco
Firstpost
New Delhi: Going by the current trend, India will be half a century late in achieving its global education commitments and the country needs fundamental changes in the education system if it wants to meet the 2030 sustainable development goals, a ...

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How IBM is encouraging startups and co-innovation to build a Digital India - YourStory.com

Wed, 07/09/2016 - 1:40pm

YourStory.com

How IBM is encouraging startups and co-innovation to build a Digital India
YourStory.com
He said, “Through our efforts, we are now managing the health of over 500,000 users and working with some of the leading insurance and healthcare groups in India. In this journey, we are fortunate to have a partner in IBM cloud. Harnessing the power of ...

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Live: Sensex, Nifty trade flat; banking metal, realty stocks gain - Livemint

Wed, 07/09/2016 - 1:33pm

Livemint

Live: Sensex, Nifty trade flat; banking metal, realty stocks gain
Livemint
Jindal Steel and Power Ltd rise 2.6%, Tata Steel Ltd 2%, Vedanta Ltd 1.8%, Hindalco Industries Ltd 1.7%, National Aluminum 1.7%, Steel Authority of India 1.3%. 12:20pm: Realty stocks are trading higher. Unitech Ltd .... 9:15am: The dollar took a tumble ...
Amara Raja Batteries, Tata Motors among 115 stocks that touch fresh 52-week high as Nifty tops 8900Financial Express

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No bank privatisation, GST implementation on target: Jaitley - Business Standard

Wed, 07/09/2016 - 11:08am

No bank privatisation, GST implementation on target: Jaitley
Business Standard
We have announced a package of reforms in textile, real estate, power sector, etc. Work is in progress," he said. On Goods and Services Tax (GST), a major reform in indirect taxation that had been waiting for long, he said, it would go a long way in ...

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NBCC (India) shares gain on bagging order worth Rs 270 crore from UGC - Financial Express

Wed, 07/09/2016 - 10:00am

Financial Express

NBCC (India) shares gain on bagging order worth Rs 270 crore from UGC
Financial Express
... Rs 200.51 crore in the same period. NBCC (India) is a public sector company engaged in the business of project management consultancy services for civil construction projects (PMC), civil infrastructure for power sector and real estate development.

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Indiabulls Hsg raises $200m via masala bonds - Times of India

Wed, 07/09/2016 - 4:00am

Indiabulls Hsg raises $200m via masala bonds
Times of India
Among the private sector entities, housing finance leader HDFC was the first to issue masala bonds while power sector major NTPC is the only government-backed entity to have issued these bonds. Several other Indian companies are currently trying to ...

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Pressure on freight revenue: The coal hole in Railways book - The Indian Express

Wed, 07/09/2016 - 2:26am

The Indian Express

Pressure on freight revenue: The coal hole in Railways book
The Indian Express
Mohammad Jamshed, Railway Board Member (Traffic), the top boss in charge of passenger and freight business of Indian Railways, has been initiating an unprecedented number of policy tweaks since the beginning of this fiscal to arrest the decline despite ...

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Greenpeace India urges power sector to think beyond coal - New Kerala

Tue, 06/09/2016 - 10:38pm

The Indian Express

Greenpeace India urges power sector to think beyond coal
New Kerala
New Delhi, Sept 6 : As the who's who of the coal and power ministry attended a conference themed 'Indian Coal: Sustaining the Momentum' in the capital on Tuesday, Greenpeace India hosted a parallel press conference at the same venue, questioning the ...
Greenpeace questions govt's decision to sustain 'dying' coal industryThe Indian Express
The burning of coal and beyond | Tehelka - Investigations, Latest ...Tehelka

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Free treatment to cancer patients, if voted to power: Capt Amarinder Singh - The Indian Express

Tue, 06/09/2016 - 9:44pm

The Indian Express

Free treatment to cancer patients, if voted to power: Capt Amarinder Singh
The Indian Express
Amarinder, who held a similar programme in Bhatinda, also said that the Congress government will own up the entire loan amount on farmers, whether of the cooperative banks, public sector banks or the arhatiyas (the commission agents). ... The PCC ...

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Bring portability in finance, demands MSME in Madhya Pradesh - Business Standard

Tue, 06/09/2016 - 9:29pm

Business Standard

Bring portability in finance, demands MSME in Madhya Pradesh
Business Standard
Also certain rules and regulation for MSMEs are too tough to comply and hence the sector becomes uncompetitive. We will raise both the issues prominently in the coming session," Yogesh Goel, past secretary of the Govindpura Industries Association said ...

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India to increase share of gas in energy mix to 15 per cent: Union Petroleum Minister Dharmendra Pradhan - The Indian Express

Tue, 06/09/2016 - 9:13pm

The Indian Express

India to increase share of gas in energy mix to 15 per cent: Union Petroleum Minister Dharmendra Pradhan
The Indian Express
... gas in energy mix to 15 per cent: Union Petroleum Minister Dharmendra Pradhan. Public and private sector companies working in the sector have joined hands to promote the natural gas sector under the 'Gas4India'. ... In a bid to move towards gas ...
Petroleum Minister Dharmendra Pradhan urges state-run units to launch Start-up FundsBusiness Standard

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