The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
FlashNews:
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REC wins Gold Shield in ICAI Award for Excellence in Financial Reporting for the Financial Year 2023-24
Budget 2025: Key Highlights
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Rs 1 trn Urban Challenge Fund to Boost Infrastructure
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Budget 2025-26: Industry reactions
Coal import bill continues to rise
India´s coal import bill surged 42 per cent to Rs 11,441 crore in November 2014 despite a 16 per cent increase in Coal India´s production, highlighting the rapidly widening demand-supply gap for the fuel in the country.
Government to tackle fuel scarcity
India´s fuel-starved power projects would be able to give a bonus 30,000 MW capacity to fuel the expected surge in electricity demand when the economy turns around.
7,500 MW solar power park to be set up in Leh
The government has received proposals from 12 States for setting up of solar power parks/ultra mega solar power projects totalling 22,100 MW capacity
Need for speedy reforms
A holistic development model is required to push the sluggish growth in the ports sector. Looking at the bigger picture, from coal for power & steel plants to crude oil for refineries, ports provide a gateway for the majority of Indian trade.
Infrascape 2015 – There is positive sentiment and business….
There is positive sentiment and business confidence in the new government and its vision ´Make in India´. With the new government focused on improving infrastructure development, we are optimistic that the infrastructure sector will gather pace in the coming years.
Exploring New Directions
With a view to analysing the Kelkar Committee Report on domestic fuel production, we critically consider certain recommendations in Part I of the Committee´s Report.
Allocation of coal block likely in Dec
The allocation of coal blocks through e-auction is likely to take place in December as the Ministry of Coal has started preparing for the auction.
Govt to introduce coal regulator Bill
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
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.