Terming the Indian Government´s decision to revive and improve utilisation of the country´s stranded gas-based power generation plants to import feed stock
Category: Power & New and Renewable Energy
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Reliance Signs production sharing contracts for two (2) offshore blocks in myanmar
Mumbai / Nay Pyi Taw (Myanmar), March 31, 2015:Reliance Industries Ltd (RIL) and Myanma Oil & Gas Enterprise(MOGE), an enterprise of the Government of Myanmar, have signed production sharing contracts for two offshore blocks (M17 and M18) RIL won both the offshore blocks after its bids in Myanmar Offshore Block Bidding Round 2013 were declared successful by The Ministry of Energy (MOE) of the Republic of the Union of Myanmar.
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Extend ´plug-and-play´ model beyond power sector
The intent as stated in the Bill is the right to fair compensation and transparency in land acquisition and to ensure rehabilitation and resettlement for smooth execution, which is seen to be at fair value for both the parties.
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Decoding the New Legislation
The current legislative framework in relation to eligibility with respect to coal mining in India is the Coal Mines (Nationalization) Act, 1973 (´CMN Act´). Under the CMN Act, nationalization of coal mines was completed in two phases.
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India approves 15 GW solar power capacity for auction
The Indian Government has given approval to auction 15 GW solar power capacity under the National Solar Mission that will come up across various states of the country.
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MNRE to increase budget for RE
The Union Ministry of New and Renewable Energy (MNRE) has proposed a manifold increase in allocation for the transition phase from megawatt to gigawatt through the Green Rating for Integrated Habitat Assessment (GRIHA).
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Ajmer station to run on solar energy
Ajmer division of North Western Railway has decided to meet the power demand from solar energy. A feasibility report of this project said that fixing solar cells will cost Rs 1.16 crore to produce estimated 40 kw power every year.
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Govt to fast-track Rs.90,000 cr power projects
The Centre has decided to fast-track 10 power projects worth Rs 90,000 crore planned by State-owned companies led by NTPC, which have been held up by land-related issues, identified in the Economic Survey as the biggest hurdle for stalled public sector investments.
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Adani plans Rs.20k cr clean energy park in Mundra
Adani Group plans to set up an Integrated Renewable Energy Park at Mundra in Kutch district, close to its port and SEZ. The park, if it comes into existence, would be the first of its kind and will need an investment of Rs 20,000 crore.
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NTPC to invest $10 billion in renewable energy projects
NTPC Limited plans to invest $10 billion to set up 10 GW of renewable energy capacity over the next five years. A large part of this capacity is expected in the form of solar power projects.