Indian Power Sector News

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Don't blame Coal India - Business Standard

Fri, 05/09/2014 - 7:17pm

NDTV

Don't blame Coal India
Business Standard
The power and coal sector is in the throes of a crisis. Here are some recent developments: The Union Cabinet is set to meet to consider disinvestment in the state-controlled coal-mining monopoly, Coal India Limited or CIL; disinvestment is necessary in ...
Coal India to Reduce Selling Fuel via E-AuctionsNDTV

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Blackout Casts Shadow over PM Narendra Modi's Economic Recovery - NDTV

Fri, 05/09/2014 - 1:27pm

Business Today

Blackout Casts Shadow over PM Narendra Modi's Economic Recovery
NDTV
As a result, the power sector is caught in a debt trap, leaving generators unable to scrape together the cash to buy fuel from Coal India, a state behemoth that successive governments have shied away from restructuring. "We have a bizarre situation ...
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today

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Blackouts cast shadow over PM Narendra Modi's economic recovery - Times of India

Fri, 05/09/2014 - 1:14pm

Business Today

Blackouts cast shadow over PM Narendra Modi's economic recovery
Times of India
Debts owed by distributors totalled $18 billion in 2012, the year of the last rescue. Coal India's receivables are $1.4 billion. Worse, the World Bank estimates that annual losses in the Indian power sector could rise to $27 billion by 2017 without ...
Blackout Casts Shadow over PM Narendra Modi's Economic RecoveryNDTV
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today

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As power shortages loom, here's why the India-Australia uranium deal matters - Firstpost

Fri, 05/09/2014 - 1:10pm

Economic Times

As power shortages loom, here's why the India-Australia uranium deal matters
Firstpost
As India faces a looming power crisis thanks to coal shortages for its thermal power plants, the deal to be signed with Australian Prime Minister Tony Abbott, so that it can finally start importing uranium for its nuclear power plants, will be a ...
Aussie Nuke Deal a Boon for Energy Sector in IndiaThe New Indian Express
After the dealIndian Express
Australia signs agreement to supply uranium to IndiaLivemint
Deutsche Welle -Eurasia Review -Financial Times
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India blackouts casts shadow over Modi's economic recovery - Moneycontrol.com

Fri, 05/09/2014 - 8:32am

Moneycontrol.com

India blackouts casts shadow over Modi's economic recovery
Moneycontrol.com
What India does have is a mismatch between the regulated price at which power is sold and the cost of producing it, which is typically 20-30 percent higher. As a result, the power sector is caught in a debt trap, leaving generators unable to scrape ...
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today

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Coal India strike threat raises fuel shortage fears - Financial Times

Fri, 05/09/2014 - 3:00am

Business Today

Coal India strike threat raises fuel shortage fears
Financial Times
Coal India, the world's largest coal miner by output, has said it faces the threat of strike action this month, raising fresh fears over fuel shortages for India's financially strapped power sector. The state-backed group, which has a workforce of more ...
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today
Blackout Casts Shadow over PM Narendra Modi's Economic RecoveryNDTV

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India blackouts casts shadow over Modi's economic recovery - Reuters India

Fri, 05/09/2014 - 2:50am

Reuters India

India blackouts casts shadow over Modi's economic recovery
Reuters India
As a result, the power sector is caught in a debt trap, leaving generators unable to scrape together the cash to buy fuel from Coal India, a state behemoth that successive governments have shied away from restructuring. "We have a bizarre situation ...
Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ...Energy Collective
Power crisis: Power plants running out of coal stocksIndia Today
MY BIZ: India faces major power crisis as power plants run out of coalDaily Mail
Business Today -Financial Times
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Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ... - Energy Collective

Thu, 04/09/2014 - 1:52pm

Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ...
Energy Collective
The discovery of these backroom deals -- now referred to as the "coal gate" scandal -- has rocked the Indian government, and the coal sector, for well over two years. The court's ruling found that 218 of these leases were illegal, in a sweeping verdict ...

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Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ... - Energy Collective

Thu, 04/09/2014 - 1:52pm

Daily Mail

Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ...
Energy Collective
The discovery of these backroom deals -- now referred to as the "coal gate" scandal -- has rocked the Indian government, and the coal sector, for well over two years. The court's ruling found that 218 of these leases were illegal, in a sweeping verdict ...
MY BIZ: India faces major power crisis as power plants run out of coalDaily Mail
Power crisis: Power plants running out of coal stocksIndia Today
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today

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Indian solar sector could add more than 140 GW PV capacity - Report - SteelGuru

Thu, 04/09/2014 - 10:09am

Indian solar sector could add more than 140 GW PV capacity - Report
SteelGuru
Indian cleantech experts Bridge to India analyzed each scenario in terms of landed cost of power which measures the cost of solar power to the consumer at the point of consumption rather than generation alongside the more traditional levelized cost of ...

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Power crisis: Power plants running out of coal stocks - India Today

Thu, 04/09/2014 - 8:38am

India Today

Power crisis: Power plants running out of coal stocks
India Today
Public sector NTPC is the biggest power producer in the country. Fuel shortage. "Most of our plants are running 25-30 ... Imported coal has to be mixed with domestic coal to fire the plants as the poor quality of Indian coal tends to damage the plants ...
Blackouts cast shadow over PM Narendra Modi's economic recoveryTimes of India
India blackouts casts shadow over Modi's economic recoveryMoneycontrol.com

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Believe power sector is underperforming: Jagannadham Thunuguntla - Economic Times

Thu, 04/09/2014 - 6:24am

Economic Times

Believe power sector is underperforming: Jagannadham Thunuguntla
Economic Times
... power sector in greater detail, but what is the view on the crude oil prices slumping to those 16-month lows? Is this going to build well for some of the PSU OMCs? Jagannadham Thunuguntla: This is the best thing that can happen for Indian macros ...

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MY BIZ: India faces major power crisis as power plants run out of coal - Daily Mail

Thu, 04/09/2014 - 5:23am

Daily Mail

MY BIZ: India faces major power crisis as power plants run out of coal
Daily Mail
Coal fired thermal plants account for over two-thirds of the country's power generation capacity. Senior officials point out that as many as 12 major power projects entailing an investment of Rs 36,000 crore and having a total generation capacity of 7 ...
Power crisis: Power plants running out of coal stocksIndia Today
Power crisis looms as coal stock becomes critical in 23 plantsBusiness Today

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Maharashtra Govt Orders Inquiry Into Mumbai Power Outages - The Indian Republic

Wed, 03/09/2014 - 6:56pm

The Indian Republic

Maharashtra Govt Orders Inquiry Into Mumbai Power Outages
The Indian Republic
India's power sector is currently struggling, facing major obstacles in producing enough electricity to meet rising demand. Consequently, blackouts have become a common occurrence in large parts of the country. The power sector in India for two thirds ...
India's Mumbai hit by blackoutsAljazeera.com
India's Mumbai hit by massive power failureBBC News
Indias Mumbai hit by massive power failure.Hiru News

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Nepal-India PTA talks begin today - E Kantipur

Wed, 03/09/2014 - 10:53am

Gulf Times

Nepal-India PTA talks begin today
E Kantipur
... enable both the nations to trade electricity like any other commodities. Nepal had proposed a PTA with India in 2010. After a four-year dilly-dallying, the Indian side reverted the draft sent by the Nepali side by naming it as a “cooperation” in ...
Nepal, India to hold energy talksBig News Network.com

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Nepal, India to hold energy talks - Big News Network.com

Tue, 02/09/2014 - 8:01pm

Nepal, India to hold energy talks
Big News Network.com
The Indian side had sent a draft of a Power Cooperation Agreement (PCA) to Nepal on May 9. The PCA proposed by the Indian side was about power generation, production and trade and offered full Indian cooperation in generation and production of ...

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Nepal, India to hold energy talks - Business Standard

Tue, 02/09/2014 - 7:14pm

Nepal, India to hold energy talks
Business Standard
The Indian side had sent a draft of a Power Cooperation Agreement (PCA) to Nepal on May 9. The PCA proposed by the Indian side was about power generation, production and trade and offered full Indian cooperation in generation and production of ...

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Spare 46, cancel rest: Govt to SC on coal blocks - Indian Express

Tue, 02/09/2014 - 8:29am

Indian Express

Spare 46, cancel rest: Govt to SC on coal blocks
Indian Express
Rohtagi also rejected a contention that the banking sector would be hit hard, considering that bank credit to the tune of over Rs 100,000 crore in just the power sector rides on the fate of the coal blocks. “It is a mistaken belief. Nothing will happen ...
Coal Block Allocation Case: SC to take a call on captive blocks on MondayEconomic Times
Coalgate: India urges supreme court not to close coal minesThe Guardian
Question policy, not coal block developers: UppalHindu Business Line
teleSUR English -gulfnews.com -Huffington Post
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Where the growth in Q1 came from - Reuters India (blog)

Mon, 01/09/2014 - 2:20pm

Reuters India (blog)

Where the growth in Q1 came from
Reuters India (blog)
DP growth of 5.7 percent in the April-June quarter was unexpected in view of the southward drift of India's economy over the past two years. ... But it has now come up against stubborn problems like coal shortage, which has harassed the power sector.
Where the GDP growth in April-June quarter came fromBusiness Today

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Coal Block Allocation Case: SC to take a call on captive blocks on Monday - Economic Times

Mon, 01/09/2014 - 5:48am

The Malay Mail Online

Coal Block Allocation Case: SC to take a call on captive blocks on Monday
Economic Times
Rajiv Agrawal, the secretary of the Indian Captive Power Producers Association, agreed. According to him, India's coal shortage - the outcome of a few companies squatting on more than 44 billion tonnes of coal - is creating an outcome where coal meant ...
Uncertainty, Rising Costs Cloud Indian Coal Sector After Landmark Supreme ...Huffington Post
The Indian Rupee: New Risks Evolve As Oil Cools And Gold Imports DeclineSeeking Alpha (registration)
India court should decide fast on fate of coal minesThe Malay Mail Online

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