The Power Finance Corporation has sanctioned a loan of Rs 4,905 crore to cash strapped BSES discoms.
Category: Power & New and Renewable Energy
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CLP IndiaĂ´s bonds for power plant
CLP India announced that its subsidiary, Jhajjar Power Limited, has issued corporate non-convertible bonds for their 1,320 MW power plant in Haryana.
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Move to revive gas-based power will benefit banks
Terming the Indian GovernmentĂ´s decision to revive and improve utilisation of the countryĂ´s stranded gas-based power generation plants to import feed stock
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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 Ă´plug-and-playĂ´ 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 (Ă´CMN ActĂ´). 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.