Within the next two months, Odisha government may renew the memoranda of understanding (MoU) signed with seven independent power projects (IPPs) earlier. The state government decided to renew these agreements as they expired recently. Specifically, the state government may renew MoUs with GMR Kamalanga Energy, Jindal India Thermal Power (JITPL), Mon
Category: Power & New and Renewable Energy
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Govt takes initiative to electrify tribal areas
The Union government has taken several steps for effective implementation of Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY). As part of the steps, the
government has set up an inter-Ministerial Monitoring Committee under chairmanship of Secretary (Power) which periodically meets to sanction projects and review progress of implementation.
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Govt fixes Solar Mission Phase II tariff at Rs 5.45 a unit
According to the ‘Draft Guidelines,’ released by the Union Ministry of New and Renewable Energy, it proposes to fix a tariff of Rs 5.45 per kwhr for solar power projects that would be awarded under the Phase II of the National Solar Mission. The Draft Guidelines released on April 22. Those who want to put up solar power projects will now be asked for bid for ‘viability gap funding’ that would be given by the government.
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Bihar leads in policy on renewable energy: Report
Greenpeace has released its assessment report on Renewable Purchase Obligation (RPO) titled Powering Ahead on Renewables: Leaders and Laggards', which ranks all the states on their performance in renewable energy supply and calls for revision of RPO mechanism based on equity principle. Bihar takes the lead on a constructive policy on renewable energy, the report said.
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AP govt to buy solar power at Rs 6.49 per unit
The Andhra Pradesh government on April 23 fixed the benchmark price for purchase of solar power at Rs 6.49 per unit. The Cabinet Sub-Committee on Power fixed the benchmark price at its meeting. The State government has invited bids from interested parties for generating solar power in view of the unprecedented electricity crisis.
After Cabinet meeting the State Finance Minister Anam Ramanarayana Reddy said that the State hopes to finalise the bids within a month now that the price has been fix
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World Bank stresses on energy policy revolution
The World Bank on April 17 asked countries to create a viable energy investment climate. The multilateral lending agency is pitching for a revolution in the global energy policy. This was conveyed by the World Bank president Jim Yong Kim in a video message to the two-day Clean Energy Ministerial meet in Delhi.
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MP govt asks civic bodies to adhere to timeline
Madhya Pradesh Urban Administration and Development Minister Babulal Gaur asked various municipal corporations in the state to adhere to timeline for completion of JNNRUM projects. Specifically, the minister asked civic bodies of Bhopal, Indore and Jabalpur to complete Rs 2,652 crore JNNRUM works within time-
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Govt allocates Rs 1,521 cr for renewable energy in 2013-14
The Union Minister for New and Renewable Energy Farooq Abdullah has said that a gross budgetary support (GBS) of Rs 1,521 crore has been provided to the Ministry of New and Renewable Energy (MNRE) during 2013-14, in comparison to GBS of Rs 1,385 crore and Revised Estimates of Rs 1,150 crore during 2012-13, for development and promotion of renewable energy activities. He said this in the Rajya Sabha on April 22.
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IWAI to rope in contractor for ferrying coal
According to data available with the Inland Waterways Authority of India (IWAI), about 55 million tone of cargo is being moved annually by Inland Water Transport (IWT), a fuel - efficient and environment -friendly mode.
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RIL, BP chiefs meet PM to discuss investment plans
Reliance Industries (RIL) Chairman Mukesh Ambani and Bob Dudley, head of global energy firm BP met Prime Minister Manmohan Singh and some government officials recently to discuss their investment plans. The two companies, that are jointly operating the KG D6 gas basin in Andhra Pradesh, asked government to clarify regulatory issues plaguing the oil and gas secto