The IIP number for the month of June 2017 came in sharply lower at -0.1% compared to 1.7% in the previous month of May 2017. A correction in the IIP was expected in the month of June due to the impact of the GST launch, although it was not expected to dip into negative territory.
FlashNews:
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The New Power Corridor
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Tag: Adani Power
NTPC to take over RajasthanÂ’s Chhabra power plant
The Rajasthan government has said that it has agreed to transfer its 1,000 MW Chhabra thermal power plant to NTPC Ltd, in an asset-for-equity deal.
SunEdison, Adani miss March 31 commissioning deadline in TN
Some projects of SunEdison and Adani Power, both of which are building solar projects in Tamil Nadu, have technically missed the March 31 deadline for commissioning.
Sunshine in the Solar Sector
Paradoxically though, in a country with the fourth largest coal reserves, per capita electricity consumption is abysmally low and a significant number of Indians either have little or no access to electricity, while others face challenges in accessing uninterrupted and reliable electricity supply.
CCI nod to Adani-Lanco power plant deal
The Competition Commission of India (CCI) has cleared Adani Power´s proposed deal with Lanco Infratech to buy latter´s 1,200-MW imported coal-fired power plant at Udupi in Karnataka for more than Rs 6,000 crore.
Coal shortage: Gujarat shuts 25% power capacities
With power plants in Gujarat facing acute shortage of coal, 7,563 MW of power generation capacities have closed down. This is more than a quarter of state´s total installed 18,510 MW capacities.
FM switches on power plug
The beleaguered power sector will find some respite, if the measures announced are implemented properly.
Nine firms in fray for Rs.24,000 cr Orissa power project
For the 4,000 MW ultra mega power project (UMPP) at Bhedabahal in Orissa, nine power developers have submitted their initial bids (request for qualification or RFQ).
Nine firms in fray for Rs.24,000 cr Orissa power project
For the 4,000 MW ultra mega power project (UMPP) at Bhedabahal in Orissa, nine power developers have submitted their initial bids (request for qualification or RFQ).
Haryana govt may explore legal option against CEA order
The order of the Central Electricity Regulatory Commission (CERC) allowing Adani Power to charge "compensatory" tariffs for electricity from its Mundra plant has not gone down well with Haryana government. The state government plans to take legal action against the CERC order as it feels that the order violates the p
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