In order to tackle the coal price surge, the Power Ministry is pushing for abolition of Customs duty on imported coal. The Ministry is trying to garner the support of the Planning Commission on the issue, which is expected to be countered by the Finance Ministry in light of the revenue implications.
Category: Power & New and Renewable Energy
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Voith inks deal with L&T
Voith Hydro has signed a contract with L&T Hydro Power for the Singoli Bhatwari Hydro-Electric Project.This includes the supply of the entire equipment of the power units and electrical and mechanical auxiliaries. L&T Uttaranchal Hydro Power is a special purpose vehicle (SPV) created to implement the 3 x 33 MW Singoli Bhatwari hydro-electric project.
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GKEL gets Mega Power status
GMR Kamalanga Energy (GKEL) has executed an agreement for supply of 260 MW to Bihar State Electricity Board (BSEB) under Case I bidding. With this agreement, GKEL has tied up 85 percent of its power sale under tariff policy. This makes GKEL eligible to avail Mega Power status under the new policy.
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Solar Cities to be Developed
The Ministry of New and Renewable Energy proposes to develop 60 cities as solar cities. So far,based on proposals received by the government from various sates, in-principle approval has been given to 48 cities to be developed as solar cities in the country. Out of these, 37 cities have been given the green light by the government.
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Well-equipped
Wärtsilä India has conferred the Ninth Wärtsilä Mantosh Sondhi Award on B Prasada Rao, Chairman and Managing Director, Bharat Heavy Electricals Ltd (BHEL) for his outstanding contribution to the energy sector in India. Björn Rosengren, President and CEO, Wärtsilä Corporation, gave away this award.
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Fourth CMD in 2 years
Quick turnovers are not the salient feature of a vibrant economy alone, it seems. Rural Electrification Corporation (REC) has seen turnovers of a different kind: four CMDs in two years. Rajeev Sharma takes over the reins from HD Khunteta who took over from JM Phatak only in May last year for a period of “three months or until further ordersâ€. He served for seven months, while Phatak was CMD for less than a year.
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MTHL qualification pre-bid meeting
Mumbai, December 14, 2011 – 17 companies, representing prospective consortiums involving more than 50 companies – Indian and international – showed up for the MTHL's pre-qualification-bid meeting on payment of rupees eight lakh eighty thousand each for the bid processing fees,
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National biomass mission
The Union Government plans to launch a national mission on biomass on the lines of the programme to promote solar energy in the country.
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Suzlon expects $1-bn new orders every quarter
Suzlon Energy will focus on value engineering to remain competitive and has set a target of bagging $1 billion worth of new orders every quarter for the next few years.
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IMFA power plant to be commissioned in 2012
A 120 MW captive power plant of Indian Metals and Ferro Alloys at Choudwar in Orissa will be functional by mid-2012, IMFA Managing Director Subhrakant Panda has said recently.