The government would introduce a Bill in Parliament for setting up an independent watchdog for the coal sector and likely task it with determining a mechanism to price the fuel
Tag: Coal
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Restructuring of CIL
The government is set to undertake the restructuring of Coal India (CIL), by creating multiple mega coal companies in line with the recommendations of a government-commissioned study by global consulting firm Deloitte.
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Coal imports set to rise by 20%
According to ICRA estimates, India´s coal import is set to go up significantly in the next financial year.
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FDI in infrastructure: Key Challenges
In addition to fuel shortage for thermal power projects, the power sector in general suffers from regulatory delays, chief of which are the land acquisition and environmental clearance issues.
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India has the capacity to fund projects more than Rs.1 lakh crore annually
In a candid interview, finance veteran Arun Purwar, Chairman of IndiaVenture Advisors Pvt Ltd & PHL Finance, suggests that since the bond market is deep enough to take care of funding requirements of infrastructure projects, the government must encourage infrastructure fund raising through the bonds.
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NTPC to lead Consortium for Development of Offshore Wind Power
A Memorandum of Understanding (MoU) has been entered into among the Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE) and consortium of partners consisting of NTPC Ltd (as lead partner), Power Grid, PFC (Power Finance Corporation) Ltd.
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NTPC to lead Consortium for Development of Offshore Wind Power
A Memorandum of Understanding (MoU) has been entered into among the Ministry of New and Renewable Energy (MNRE), National Institute of Wind Energy (NIWE) and consortium of partners consisting of NTPC Ltd (as lead partner), Power Grid, PFC (Power Finance Corporation) Ltd.
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Coal imports to jump 65MT
The annual coal imports of the country could jump by about one-third to more than 200 million tonne (MT)
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NTPC to pick stake in overseas coal mines
NTPC is scouting for coal assets overseas and has invited proposals form coal miners interested in offloading stake. The move is aimed at ensuring a steady supply of imported coal which the power producer needs for its plants.
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BHEL wins Rs.3,536 crore order in Gujarat
Bharat Heavy Electricals Ltd (BHEL) has achieved a major breakthrough by bagging a prestigious contract for setting up a supercritical thermal power project on engineering, procurement and construction (EPC) basis from the Gujarat State Electricity Corporation Ltd (GSECL).