A Guarantee Agreement for World Bank (IBRD) lending of $650 million to the Dedicated Freight Corridor Corporation of India Ltd (DFCCIL) for the Eastern Dedicated Freight Corridor-III (EDFC-III) Project has been signed between the Government of India and the World Bank in the national capital.
Tag: Power
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Panasonic and Schneider Electric partner to simplify energy management
Panasonic Corporation, the worldwide leader in the development of diverse electronics technologies and solutions along with Schneider Electric, the global specialist in energy management and automation, has announced an integrated HVAC equipment and building management solution that brings new levels of HVAC control and energy efficiency to todayÂ’s commercial buildings.
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Excess coal output worries government
As India plans to become completely self-sufficient in energy security in view of the changing circumstances, the government is worried about how to dispose the country's excess coal production, Union Minister for Power Piyush Goyal has said. He said that two years ago, when he had announced a target of one billion tonnes of coal production, “it was an off-the-cuff remark” to tackle coal shortages prevalent then.
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India wasting funds on new coal plants | greenpeace
Over Rs.3,00,000 crore is being ¨wasted by India¨ on building an additional 62 GW of coal power plants that will remain idle due to huge overcapacity in the power sector, Greenpeace has alleged.
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Embrace solar, Goyal tells industry
India´s power minister Piyush Goyal has called on the country´s power generators to cease coal imports if the nation is to come good on its ´One Nation, One Grid, One Price´ energy goal.
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Binani Group to invest Rs.10,000 cr in West Bengal
Binani Group of Braj Binani, which has presence across India, East Africa, China, Indonesia and the UAE, has lined up around Rs.10,000 crore investments in cement, power and infrastructure, including ports, in Bengal.
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Jindal Steel secures coal for Chhattisgarh plant
Jindal Steel and Power has said that it has secured coal supply of 1.18 million tonnes per year (MTPA) for five years for its 540 134 MW captive power generation plants in Dongamahua and Raigarh in Chhattisgarh
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Railway stations turn to solar energy
In order to reduce dependence on fossil fuels, the Ministry of Railways has planned to harness 1,000 MW of solar power through developer mode by putting up solar plants on railway buildings/stations and through land-based plants across the country.
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Rs.2,237-cr revenue generated from 74 coal mines
Revenue of around Rs.2,237 crore has already been generated till May-end from the allocation of 74 coal mines, Coal and Power Minister Piyush Goyal said in a reply to Rajya Sabha. The estimated revenue from the e-auction of 31 coal mines is Rs.1,96,689 crore, he added.
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Nashik: Power outages soon to be a thing of the past
The Maharashtra State Electricity Transmission Company Limited (MSETCL) has planned for high ampacity power supply around Nashik city connecting seven of its 132 kV power stations to deliver quality power to the citizens.