The government will call bids for two domestic coal-based ultra-mega power projects (UMPPs) in December and another two by March next year, according to Power Secretary PK Pujari.
Category: Power & New and Renewable Energy
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Metro turns to green for power saving
With its electricity bill responsible for nearly 15 per cent of the annual ordinary working expenses, Metro Railway is turning to non-conventional sources of power to bring down costs. After Mumbai, Kolkata is the most expensive, so far as power tariff charged is concerned.
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Power-starved J&K sells 300-400 MW
Jammu & Kashmir government is selling 300-400 MW generated from its hydel power sources to other states of India even as Kashmir is facing severe power crisis. The government is paying a heavy price for importing power from utilities outside the state.
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Bangladesh keen to invest in Meghalaya power projects
Bangladesh has evinced interest for investment in power projects of Meghalaya to boost bilateral ties. Federation of Bangladesh Chambers of Commerce & Industries (FBCCI) Chairman Abdul Matlub Ahmad said the neighbouring countryĆĀ“s offer is in the form of a joint venture with Meghalaya government in developing cascading hydel power projects.
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State mulls power sub-stations
The state government is considering constructing an underground power sub-station in some parts of Mumbai where there is space constraint to meet the future demand for power in the metropolis.
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GMR Group to get higher tariff
GMR Group said it will get higher electricity tariff for its Kamalanga power plant in Odisha after the Central Electricity Regulatory Commission gave a favourable ruling.
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Banks to push solar panels
The finance ministry has advised banks to ĆĀ“encourageĆĀ“ home loan or home improvement loan applicants to install rooftop solar photovoltaic systems and include the equipment cost in the home loan. G
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Cabinet approves Rs.8,349-cr investment on rail freight lines
The Union cabinet chaired by Prime Minister Narendra Modi approved an investment of Rs.8,349 crore for laying down multiple freight-specific rail lines in Odisha, Chhattisgarh and Andhra Pradesh.
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Keen to scale up investments: PM
PM Narendra Modi said rupee bonds to fund infrastructure projects will be launched in countries like Singapore. ĆĀ“We are keen to scale up investments in next generation infrastructure including digital networks and clean energy,ĆĀ“ he said.
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Reliance Power exits Tilaiya project
Anil Ambani GroupĆĀ“s Reliance Power has managed a clean and quick exit from the 4,000 MW Tilaiya mega power project in Jharkhand. A little over six months after serving a notice for termination of the power purchase agreement for the project, Reliance Power has done an out-of-court settlement with distribution utilities of 10 states.