The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.
Tag: fuel
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Gazing into the Big Budget
The industry estimates that falling crude oil prices, lower fuel subsidies along with recent diesel tax hikes could together add almost Rs 1.1 trillion to the Union Budget. And with the government planning to spend about $8 billion of that on infrastructure and manufacturing activities, the infrastructure sector is looking at a brighter year ahead.
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Biomass power generation industry attracts investments of over Rs.600 crore´ every year´
Biomass-based power generation is renewable, widely available, carbon-neutral technology and has the potential to provide significant employment and income generation in the rural areas.
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Imported coal to play major role
Lesser allocation of mines to steel, cement and captive power plants in the coal blocks auction may increase their dependence on costlier imported fuel, says rating agency ICRA.
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Gas price in India to dip to $5 in 3 years
The new natural gas price of $5.61, which is already among the lowest in Asia Pacific, is likely to drop to around $5 per unit in three years due to the variables included in the formula, Goldman Sachs has said.
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HPCL opens pump at world´s highest motorable road
State-owned Hindustan Petroleum Corp Ltd ( HPCL ) has opened a petrol pump at the world´s highest motorable road in Leh to make available fuel to the remotest part of Jammu and Kashmir.
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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.
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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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Captive RE is the most viable option for energy security
Regional Manufacturing Support Organisation (RMSO), Holcim - South Asia Region.
Dealing with changing fuel market dynamics, while keeping the production cost to minimum is a challenge.
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NTPCs fuel supply pacts for FY14
NTPC has signed fuel supply agreements for 14,010 MW capacity to be commissioned by March 2015.