State Chief Minister J Jayalalithaa informed the assembly that the Tamil Nadu Industrial Development Corporation (Tidco) would implement Rs 3,500-crore worth projects across port, power and natural gas sectors. The project includes a deep water port, floating storage re-gasification unit and a 500 mw gas-based power plant in the southern district of
Category: Power & New and Renewable Energy
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Coal stock rises across several ports
Data from Interocean Group shows that coal stock across several ports in the country grew 5.8 percent to about 10.8 million (mn t) as of May 3 compared to 10.27 mn t in the previous week. The stock includes both thermal and coking coal. Of the 10.8 mn t, coking coal comprised 2.30 mn t, up from about 2.24 mn t a week ago. The company collected data from 16 ports across the country
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Cairn Energy picks up stake in two Irish oil blocks
According to a media release, Cairn Energy, which is headquartered at Edinburgh, picked up 38 per cent equity in Porcupine Basin pair Frontier Exploration Licence (FEL) 2/04 and FEL 4/08, two Irish blocks, in a cost-and-carry deal. The company also bought stake in six adjacent licencing option blocks. The acreage covers an area of 2,75
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Pricing formula of Kelkar panel, Rangarajan panel may be similar
Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the
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Pricing formula of Kelkar panel, Rangarajan panel may be similar
Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the
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Bihar govt takes steps to bridge power deficit
Bihar government is taking steps to bridge the power shortage in the state by resorting to open market purchase of power, signing power purchase agreement (PPA) with producers etc. The Bihar State Power (Holding) Company Limited (BSPHCL) signed a power purchase agreement (PPA) with
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Govt envisages Rs 5 trillion investment in power sector
Union Power Minister Jyotiraditya Scindia outlined the need to resolve all the issues faced by the power sector in order to achieve the total installed capacity target of almost 315 gigawatts by 2016-17. In order to realise this target, the government envisages an investment of about Rs five lakh crore during this
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AP govt to add 4 gw generation capacity to meet demand
By the end of the financial year 2013-14, the Andhra Pradesh government aims to add at least 4,000 mw of power production capacity in order to meet the shortage of electricity. The state government's power generation firm AP Genco is said to be in the advanced stage of commissioning at least three projects, including two units
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CIL to import 15 mt coal
Coal India (CIL) may need to import nearly 15 million tonne coal in 2013-14 to meet the shortfall in domestic coal supplies.
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Govt implemented several urban infra schemes in 11th plan
Minister of State in the Ministry of Urban Development Deepa Dasmunshi in reply to a written question informed the Rajya Sabha that the Eleventh Plan had several schemes to promote urbanization. These include, among others, the Jawaharlal Nehru Urban Renewal Mission (JnNURM) for creation of urban infrastructure or service delivery mechanisms through com