A World Bank report has stated that as many as 1.2 billion people - almost the population of India - don't have access to electricity and 2.8 billion have to rely on wood or other biomass to cook and heat their homes. The report is first in a series to monitor progress of the three objectives - full energy access, doubling energy efficiency and renewables - of the UN's Sustainable Energy-for-All initiative.
Category: Power & New and Renewable Energy
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KEA tells JK govt to take power projects back from NHPC
Kashmir Economic Alliance (KEA) on May 29 criticised the State government for its failure to take power projects back from the National Hydroelectric Power Corporation (NHPC). Urging government to take back all the NHPC run power projects, KEA said the state water resources were used by other states while Kashmir was reeling under major power crisis.
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Govt encourages solar plants in Delhi colonies
The Union government is encouraging those who want to set up solar power plants in various colonies of Delhi. Under the Off-grid and Decentralized Solar Application scheme of Jawaharlal Nehru National Solar Mission, the Ministry provides a subsidy of 30 per cent of the project cost ranging from Rs 42 to Rs 72 per watt peak for off-grid standalone solar photovoltaic (SPV) power plants.
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Draft of offshore wind energy policy released
Union Ministry of New and Renewable Energy has released a draft national offshore wind energy policy for 2013. The draft policy was written with inputs from a steering committee on offshore wind energy. According to the draft, onshore wind energy has reached a stage of deployment that makes it competitive with traditional fossil fuel power generation.
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NTPC added 4 gw capacity in FY13
State-run power producer NTPC added 4,170 mw of generation capacity during 2012-13 surpassing its earlier best capacity addition of 2,820 mw in 2011-12. The company currently has an installed capacity of 41,184 mw through 16 coal based, two solar renewable, seven gas or liquid fuel and seven Joint Venture power stations
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Ministry may not agree to reduce import duty on coal
It seems the power ministry may not succeed in convincing the finance ministry to reduce import duty on all forms of coal used in power plants to mitigate the impact of rising cost of imported coal on power sector. Increase in the cost of imported coal has threatened the viability of several power generation projects in the
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CEC rules out export of ore pellet from Karnataka
There is not question of allowing export of iron ore pellets from mines in Karnataka at this stage, the Central Empowered Committee (CEC), appointed by the Supreme Court, said to leaseholders at a meeting. It may be recalled that the apex court directed suspension of iron ore exports from the state in 2011. Further, the panel clarified that miners are not allowed to mine or dump ore in the overlapping areas, between two
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TN govt’s solar project yet to take off as clarity eludes
Lack of clarity on the implementation of incentives provided by the Tamil Nadu government affected the installation of rooftop solar power systems in households and industrial and commercial buildings. While the solar policy mandates industries and commercial entities to procure 6 percent of their power from solar sources, there has been no official com
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Delhi govt asks discoms to improve power supply
The Delhi government on May 22 pulled up the private power distribution companies and asked them to improve power supply urgently as several areas across the city were reeling under severe power cuts in sweltering heat. The Delhi Power Department said the city has more power than the current demand and blamed the long outages on local faults and other technical problems in the distribution network.
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Esssar Energy Holdings to exercise call option
In a move to consolidate non-public holdings of Essar Oil, Essar Energy Holdings, Mauritius exercised the call option to buy 32.95 million shares or 2.41 percent stake in the former from UK's Imperial Consultants and Securities. It may be recalled that on April 6, 2010, Essar Energy entered into an agreement with Essar Investment for the call option. Later, Essar Investment demerged its inves