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
Category: Power & New and Renewable Energy
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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
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Odisha govt to renew MoUs with 7 IPPs
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
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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 ÃâDraft Guidelines,Ãâ 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 Ãâviability gap fundingÃâ 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.