Amidst the chaos seen in the power sector, with 22,000 MW thermal power projects lying idle for the need of coal or gas and lenders taking power generating assets to National Company Law Tribunal (NCLT) to recover dues, the transmission sector- with longer life cycle and lower risks- has exhibited the only ray of hope for investors and developers alike.
Tag: Coal
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JSPL to set up Odisha’s first private industrial park at Angul
Adjacent to its 6 million tonne steel plant at Angul, Jindal Steel and Power (JSPL) will be setting up OdishaÂ’s first private industrial park.
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Cement demand up but profitability pressures continue
Even as demand for cement has picked up from Q3 FY2018 and the trend is expected to continue in Q4 FY2018, with the growth expected at around 5% in FY2018 and FY2019, expectation of higher petcoke, coal and diesel prices are likely to put pressure on the profitability margins and debt metrics of the cement companies in the coming quarters.
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544 ULBs sign MoUs with EESL for LED streetlights
A total of 544 Urban Local Bodies (ULBs) have entered into an implementation agreement with Energy Efficiency Services Limited (EESL) for replacement of streetlights with LED streetlights, till 3rd April, 2017.
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Goyal lays stress on coal sector achieving cost effectiveness
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Piyush Goyal, presided over the inaugural session of the day-long Workshop on ‘Quality of Coal’ as Chief Guest in New Delhi. The workshop included brainstorming and technical sessions among the stakeholders of the coal and power sectors to bring in greater efficiency and self-sufficiency in the two sectors in India.
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India has 80 MT of coal stocks at power plants and mines
India has total coal stocks of 80 million tonnes (MT) at its power plants and coal mines put together at the end of February, thanks to the ongoing slump in the demand for power from distribution utilities and the low capacity utilisation of thermal power stations.
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There is a real talent shortage in the Indian construction industry
It's early days for us. We have launched our operations in India last year. We said, let's not get the cart before the horse. Let's create a world-class delivery capability. So we have built that team and we are continuing to expand that team with quite an aggressive hiring programme. Now, more recently, we have been bringing on the sales, marketing and expertise.
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India keen to buy foreign coking coal assets
Coal India Ltd plans to acquire coking coal assets abroad as India lacks the technology to economically develop local reserves, Coal Minister Piyush Goyal has said.
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Abandon state monopoly in coal and captive mining
The coal sector remains the most inefficient and least open to private investment, despite coal being the country´s primary source of fuel, says Krrishan Singhania, Managing Partner, Singhania Associates.
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Coal Ministry wants fuel linkage auctions
The Coal Ministry will soon seek Cabinet approval for the auction of coal linkages for the power sector.