Reports indicate that the Rs 1.9 lakh crore debt restructuring package announced by the central government for state electricity boards (SEBs) has not received much response. It is learnt that no major state has yet entered into a memorandum of undertaking (MoU) with the centre for debt recast. states such as Rajasthan are negotiating with ban
Category: Power & New and Renewable Energy
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Union budget may boost growth in infra sector
Union Budget 2013-14 is expected to boost growth in the infrastructure sector as it has announced several new initiatives. For example, the budget proposed taking up two new cities -" Dholera in Maharashtra and Shendra Bidkin in Gujarat -" under the Delhi Mumbai Industrial Corridor Project. Finance Minister P Chidambaram said the government will provide additional funds for the project in 20
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Infrastructure sector is poised to be a key growth driver
Infrastructure projects will account for substantial portion of the proposed investments, making EPC sector one of the biggest beneficiaries of the infrastructure boom in India, says AK Purwaha, Chairman and Managing Director, Engineers India Ltd
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Need for innovation
The oil & gas industry's ever-increasing need for innovation will compel companies to invest in technology development, and the pace of innovation will differentiate companies from each other.
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New role, new responsibilities
Ravi Sharma, a veteran in the Indian energy and telecom sectors, has joined the global board of directors of the US-based Deeya Energy Inc. He will play a key role in the future growth of the company.
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CEC may allow auction of ore dumps in Bellary
Informed sources indicate that the Central Empowered Committee (CEC) may allow the auction of 6 million tonne (mn t) of iron ore dumps at various mines in Bellary district of Karnataka. Earlier, the committee visited various mines in the district and estimated that about 6 mn t of dumps could be auctioned. It is learnt that the CEC may allow auction of th
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AP’s solar tenders oversubscribed, TN stumbles
While Tamil Nadu's solar tender for 1 gigawatt — one of the biggest in the country — received bids for only half the capacity on offer, a similar tender by Andhra Pradesh has been oversubscribed by 34 per cent. The tender is Andhra Pradesh's push to mitigate a power crisis by adding capacity through the solar route. Both the southern states are facing huge power deficits.
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Forest panel clears mining project at West Singhbhum district
The Forest Advisory Committee, which deals with forest clearances, allowed JSW Steel and Jindal Power and Steel to divert 1,500 ha of dense forests in the West Singhbhum district of Jharkhand for iron ore and manganese mining. JSW Steel had sought the diversion of nearly 1,000 hect
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India to respond to US notice on solar mission
India will respond within 10 daysÂ’ time to the United StatesÂ’ notice challenging India's domestic content requirements for its national solar programme as violation of global trade rules. The US, on February 6 filed an official dispute against India at the WTO claiming that the domestic sourcing rules flouted global trade norms. It has asked for consultations with India on the matter.
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Gujarat seeks more central aid for renewable projects
To promote renewable energy projects further in the state, Gujarat government has demanded more Central assistance and incentive through policy changes. The State government is heavily focusing on the solar and other renewable energy power generation. The request to the Union government was made at the Power Minister's Conference held at New Delhi on February 5.