A Supreme Court-appointed committee is probing the alleged violation of environment permissions and encroachment of assigned land by Krishnapatnam port in Andhra Pradesh. The Central Empowered Committee (CEC) appointed by the apex court visited the port to inquire into the allegations against Nellore district administration and the port
Category: Power & New and Renewable Energy
Post
Post
Banks asked to provide credit to power starved firms
Commercial banks received a direction from the Reserve Bank of India (RBI) to provide credit to companies in Andhra Pradesh which are suffering from paucity of power. Earlier, the Visakhapatnam Chamber of Commerce and Industry discussed the problems being faced by the business in the state owing to non-availability and shortage of power with the Union Ministry of Commerce and I
Post
Govt targets hospital, hotel sectors to promote solar power
To promote solar energy as an alternative fuel power, the Union Ministry of New and Renewable Energy (MNRE) is now targeting hospitals and hospitality sectors in Tamil Nadu. To demonstrate this, the Government of India partnered with the United Nation Development Program (UNDP) and Global Environment Fund (GEF) to conduct programmes based on solar power for market development.
Post
India can follow Japan’s solar policy to cut outages
India suffers from a peak power shortage of between eight to nine per cent, which results in several hours of power cuts per day. Countries like India can follow what Japan has done. It recently introduced Feed-in-Tariff policy, making the country one of the world's fastest-growing users of solar energy.
Post
OVL JV to acquire 10% stake in Mozambique field
A joint venture company of ONGC Videsh (OVL) and Oil India (OIL) decided to acquire 10 percent stake of Videocon Mauritius Energy in Videocon Mozambique Rovuma 1 gas field for $2.475 billion. In the newly incorporated joint venture company, OVL holds 60 percent stake, while OIL has the remaining 40 percent
Post
Odisha govt to develop critical infrastructure
Odisha Chief Minister Naveen Patnaik informed that the state would focus on developing critical infrastructure mainly electricity, roads and water to ensure faster and balanced socio-economic development. He said this after meeting Planning Commission Deputy Chairman Montek Singh Ahluwalia to finalise the annual plan outlay for the state
Post
Govt to develop 16 coal-based ultra mega power projects
The Union government has launched an initiative for the development of coal-based Ultra Mega Power Projects (UMPPs) each with a capacity of 4,000 mw. Sixteen UMPPs have been identified in various parts of the country. Out of these, two UMPPs are identified for being located in Tamil Nadu.
Post
Power ministry expresses views on gas price hike
According to source-based information, union power ministry opined that base price of domestic natural gas beyond $5 per mmBtu is unviable for power sector. The ministry is learnt to have said this in a note to the
Cabinet Committee on Economic Affairs (CCEA), which would decide on whether to raise the price of domestically produced gas in line with the reco
Post
Power plants to get RIL’s gas under swap deal
Under a so-called gas swapping arrangement, Hyderabad-based Bhagaynagar Gas (BGL) and power plants in Andhra Pradesh would get natural gas from Reliance Industries' KG-D6 fields. The gas would be supplied to BGL and power plants in Andhra Pradesh by diverting a part of gas allocated to Rashtriya Chemicals and Fertilizers (RCF) from RIL's fields
Post
PPP Infra, power projects prone to corruption: UN Body
The United Nations Organisation (UNO) has found that public private partnerships or PPP projects in India's roads and power sectors are most prone to corruption, with private partners' evasion of revenue-share due to the government emerging as the biggest menace. The UN Office on Drugs and Crime (UNODC) has also flagged loopholes in Indian laws' ability to curb such graft, and suggested that private partners in PPPs be designated as public officials to make them accountable under the Right to In