Data from Interocean Group shows that coal stock across several ports in the country grew 5.8 percent to about 10.8 million (mn t) as of May 3 compared to 10.27 mn t in the previous week. The stock includes both thermal and coking coal. Of the 10.8 mn t, coking coal comprised 2.30 mn t, up from about 2.24 mn t a week ago. The company collected data from 16 ports across the country
Tag: Power
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Pricing formula of Kelkar panel, Rangarajan panel may be similar
Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the
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Pricing formula of Kelkar panel, Rangarajan panel may be similar
Media reports indicate that the Vijay Kelkar committee, appointed to suggest pricing of natural gas, may offer a band of prices besides the formula arrived the committee under C Rangarajan, the Chairman of the Prime Minister's Economic Advisory Council. Reports also suggest that the price band may not differ substantially from the basic formula arrived at by the
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Bihar govt takes steps to bridge power deficit
Bihar government is taking steps to bridge the power shortage in the state by resorting to open market purchase of power, signing power purchase agreement (PPA) with producers etc. The Bihar State Power (Holding) Company Limited (BSPHCL) signed a power purchase agreement (PPA) with
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Govt envisages Rs 5 trillion investment in power sector
Union Power Minister Jyotiraditya Scindia outlined the need to resolve all the issues faced by the power sector in order to achieve the total installed capacity target of almost 315 gigawatts by 2016-17. In order to realise this target, the government envisages an investment of about Rs five lakh crore during this
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Firms await outcome of EGoM meet on gas allocation
Industry players are awaiting the outcome of the impending meeting of the empowered group of ministers (EGoM) to discuss the allocation and pricing of natural gas. During the meeting, the ministerial panel would discuss two separate proposals, one for raising prices of gas produced by blocks auctioned under new exploration licensing policy (Nelp) and the other for allocation of gas prod
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Govt departments divided on gas pricing formula
Different departments of the government has different view on the proposed pricing formula for domestically produced natural gas. Earlier, a panel led by C Rangarajan, the Chairman of the prime minister's economic advisory council, recommended that gas prices in India should be calculated on the basis of international benchmarks in Japa
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AP govt to add 4 gw generation capacity to meet demand
By the end of the financial year 2013-14, the Andhra Pradesh government aims to add at least 4,000 mw of power production capacity in order to meet the shortage of electricity. The state government's power generation firm AP Genco is said to be in the advanced stage of commissioning at least three projects, including two units
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Bihar clears plan to source gas from Rs 75 bn project
In a move that may enable setting up of new industries and power plants, Bihar government cleared a plan to source natural gas from the proposed Jagdishpur-Haldia gas pipeline. The state cabinet approved the plan to sign a Memorandum of Understanding (MoU) with Gas Authority of India (GAIL) for sourcing gas from the pipeline, which will pass through four districts of Bihar: Gaya
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Govt considers 17 coal blocks for state-run firms
The union ministry of coal circulated 17 coal blocks for allocation to government companies out of which 14 are for specified end-use power and three coal blocks are earmarked for purpose of mining. These blocks would be allotted for eligible companies as per the ‘Auction by Competitive Bidding of Coal Mines Amendment Rules, 2012