The Ministry of Power has decided to cancel the two-year-long bidding process for two ultra mega power plants (UMPPs) in Tamil Nadu and Odisha. The decision comes in the wake of private companies pulling out of the process, with public sector units NTPC and NHPC emerging as the only bidders.
Tag: Power
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Private power firms may shift to regulated tariff
The government is considering giving a one-time option to private power companies to shift to regulated electricity tariff from tariff discovered through competitive bidding.
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Cabinet clears Land Acquisition ordinance
The Centre has recommended an ordinance to make significant changes to the Land Acquisition Act so as to fast-track projects in key sectors such as power, roads, defence and housing.
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Tata Power buys Ideal´s 540 MW plant in Nagpur
Tata Power has agreed to buy the entire stake in Ideal Energy Projects Ltd (IEPL) for an undisclosed amount. IEPL owns a 540-MW coal-based thermal power project near Bela village in Nagpur, Maharashtra, of which 270 MW was commissioned in May 2013
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The infrastructure story is waiting to unfold
Infrastructure is the backbone on which the economic and social wellbeing of any country hinges. Though India has emerged as the third largest economy, its GDP growth rate slowed down to less than 5 per cent in FY 13-14, as against a CAGR of 8.4 per cent during 2003 - 2010.
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Fujisawa Sustainable Smart Town starts ops
Japan´s Smart City scenario is already booming with four cities viz, City of Yokohama, Toyota City, Keihanna Science City and City of Kitakyushu.
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Infrascape 2015
Infrastructure plays a very significant role in economic development. The government has outlined various infrastructure development initiatives in the country, which include smart cities, nationwide connectivity networks of roads, power, gas and water grids.
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India needs liveable cities now, not smart cities
This is correct. Ramboll expanded into India in 1997 as part of a joint venture with Larsen & Toubro Ltd (L&T). This joint venture, L&T-Ramboll Consulting (LTR), focused primarily on the transport market.
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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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Coal e-auctions likely by February
The Coal Ministry has issued draft guidelines for reallocation of coal mines cancelled by the SC, marking the duties of the authorities appointed to operate the ordinance issued. The Centre plans to conduct a two-stage auction under the Coal Mines Special Provisions Ordinance.