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: Power
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The new government has made the right noises
Egis in India is a cornerstone for the Egis Group because you know there are two economies in the world which are the ones that would pull the whole world out of the so-called recession; one is China, and the other is India. Now Egis has a dominant presence in India where we have 10 per cent of the total workforce in India of the total group and we are one of the very few subsidiaries which are contributing significantly to the top line (and) bottom line of the group.
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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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Rs.1 lakh-crore orders soon for power, mining equipment
The power and coal sectors will shortly issue orders worth over Rs 1 lakh crore for various projects, including four new giant power projects, according to Piyush Goyal, Union Minister of Coal, Power and Renewable Energy.
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India hopeful of global investments in power sector
Power, coal and renewable energy minister Piyush Goyal is hopeful of the Indian power sector getting significant investments from global investors at the World Economic Forum meeting in Davos.
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NTPC mulls buying eight power plants
NTPC has identified seven to eight private power plants as potential acquisition targets. The company will take a final decision on them and make an announcement before 31 March, 2015.
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Jindal Steel & Power releases its first Business Sustainability Report
Jindal Steel and Power Limited (JSPL), India´s leading steel and power company, has released the company´s first Business Sustainability Report for FY 2013-14; showcasing Innovation as the corner stone of Sustainable Business.
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Upwardly Mobile
Nitin Chalke is the Managing Director of Eaton in India, a $22 billion global power management company. In his current role Chalke is responsible for working with Eaton´s five businesses to develop strategies that will build Eaton´s overall presence and success in India.
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Key parameters for smart cities identified
Successful development of smart cities across the country will depend on five critical elements such as power, infrastructure, funds, technology and social capital, property consultant Cushman & Wakefield said.
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Telangana seeks help to address power issues
Telangana has sought the Centre´s immediate intervention to bail it out from a possible worst-ever power crisis during next summer.