An Empowered Group of Ministers (EGoM) has been constituted to quickly resolve infrastructural issues and to ensure speedy implementation of power projects in the north-east. The Minister of State (I/C) for Power, Jyotiraditya Scindia said that 94 power projects are pending due to want of clearances in various ministries.
Category: Power & New and Renewable Energy
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BHEL to execute govt power projects overseas
Bharat Heavy Electricals (BHEL) will be entrusted with the task of executing all overseas power projects financed by the Union Government. In addition to that the Union Heavy Industries Ministry will high preference to BHEL while procuring spares and services for its foreign power projects.
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Tuticorin thermal unit
In Tamil Nadu, the Tuticorin thermal power project's first unit of 1,000-MW (2x500 MW), which is under construction, is likely to be commissioned in December 2013 and the second unit by March 2014, according to Neyveli Lignite Corporation (NLC) Chairman-cum-Managing Director B Surender Mohan.
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NMDC power plant
Government-owned National Mineral Development Corporation (NMDC) will set up a 500 MW power plant in Turkadih, Gonda district of Uttar Pradesh in partnership with IL&FS Energy Development Company (IEDCL).
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Power sector debts at `972,900 cr
The total outstanding loans from banks/financial institutions (including bonds) for all the utilities in the power sector during the years 2009-10 to 2011-12 stands at Rs Rs 972,900 crore. As per a report by the Power Finance Corporation (PFC), during 2009-10
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Wind energy capacity declines
Minister of New and Renewable Energy Dr Farooq Abdullah said that the capacity addition in the wind energy sector declined after the withdrawal of Accelerated Depreciation (AD) and Generation Based Incentive (GBI) from April 2012. In the approved 12th Plan document
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Power firms reduce capital expenditure
The capital expenditure of 25 top listed power companies declined 15 per cent to Rs 112,687 crore in 2012-13. The decline in investment may result in a considerable generation and supply crunch by the end of the current Plan, in 2016-17.
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Assam to set up ring fence system
To detect power thefts in the state, the Assam government is to introduce 'Ring Fence System,' an advanced IT device system. With this, electricity theft might soon become a thing of past in Assam, says the State Power Minister Pradyut Bordoloi.
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EMCO Energys second 300 MW unit synchronised
The second unit of the 2X300 MW power plant of GMR's EMCO Energy has been synchronised with the grid and has achieved full load operation on 27 August 2013. The GMR Group is setting up EMCO Energy's 600 MW power plant at Warora in Chandrapur District of Maharashtra.
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Ujaas bags roof top solar contract
Ujaas Energy has made an entry into their Mysite business vertical in a big way where Ujaas provide turnkey services to their clients on their sites majorly for the bigger roof top installations. In the recent bid from Solar Energy Corporation of India (SECI)