Power demand in India is expected to grow at just 6.2 per cent over the next five years amid the economic slowdown, a study by rating agency Crisil has said. Hence, power projects, for which producers had bid aggressively,
Category: Power & New and Renewable Energy
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Tata registers wind energy plant in Karnataka
Tata Power has registered its 50.4 MW wind energy plant at Gadag in north Karnataka. As the project has been set up under the clean development mechanism (CDM) programme of the United Nations Framework Convention on Climate Change (UNFCCC),
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Villagers stall NTPC project
Villagers stopped the mining project at NTPC's Pakri-Barwadih coal block demanding higher compensation from the state-run coal producer for acquiring the cultivable land.
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Bharti Airtel to use solar energy for its towers
To cut operational costs of its network, Bharti Airtel plans to use environmentally-friendly energy sources to power its telecom towers in Africa.
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TCIL’s green towers to West Asian players
Telecom Consultants India (TCIL) is negotiating with West Asian carriers Saudi Telecom and OmanTel to supply green energy solutions for powering their tower networks.
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Odisha govt cancels license of Deepak Steel
Odisha government cancelled the trading licence of Deepak Steel and Power and also refused to renew the Memorandum of Understanding (MoU) signed with the firm earlier owing to irregularities committed by the firm. The MoU signed with the firm has already lapsed and the state government refused to renew it. The company has allegedly produced more iron ore than what was statutorily allowed from the from an adjacent plot in Uliburu mines. The adjacent plot was categorised as reserve forest
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51 mining leases cancelled by Karnataka govt
According to the order of the Supreme Court, the Karnataka government has cancelled 51 iron ore mining leases in Category C. Holders of these mines were charged of carrying out rampant mining illegally outside the lease area and hence the Supreme Court ordered for cancellation of the mining leases some months
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FDI in power sector declines 67% in 2012-13
Foreign Direct Investment (FDI) in India's power sector declined 67 per cent to $536 million in 2012-13 from $1.6 billion in the previous year. Some big companies are reconsidering their investment plans, after losses owing to lack of coal and natural gas supply, reports indicate
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Panel suggests mandatory Indian control in key sectors
The Arvind Mayaram committee suggested that in sectors like power exchanges, petroleum & natural gas refining, there is a need for mandatory Indian ownership. These sectors are part of the nine sectors that the panel recommended for classifying as those where 'Indian ownership' and 'control' will be mandatory. It may be recalled that the central government set up the Arvind Mayaram committee to suggest measures for liberalising the country's foreign direct investment (FDI
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Karnataka ryots ask govt for subsidised solar-IP sets
Farmers in Karnataka have urged the State government to grant 75 per cent subsidy on solar-powered pumpsets for their agruculture needs. Hit by frequent and unscheduled power cuts, farmers in the state are showing interest in alternative sources of energy to power their irrigation pumpsets (IP sets).