One has to look back a few years for proper perspective. Once power generation was de-licensed after The Electricity Act 2003, there was a boom in the sector. People started coming into power generation in a big way, both coal-based and coastal.
Tag: UMPP
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Bidding for 2 ultra-mega power projects to start in December
The government will call bids for two domestic coal-based ultra-mega power projects (UMPPs) in December and another two by March next year, according to Power Secretary PK Pujari.
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India to add 1,00,000 MW clean power capacity
India is expected to add more than 1,00,000 MW clean coal technology-based power generation capacity during the 2016-2025 period.
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Extend Ă´plug-and-playĂ´ model beyond power sector
The intent as stated in the Bill is the right to fair compensation and transparency in land acquisition and to ensure rehabilitation and resettlement for smooth execution, which is seen to be at fair value for both the parties.
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Budget 2015: The chinks and the missing links
Budget 2015 echoes the need to foster the infrastructure ecosystem and outlines the policies and reforms which are expected to revive the growth of infrastructure which has remained tepid.
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Post-Budget Impact Assessment
Increase in effective rates of additional duty of excise/customs levied on petrol and high speed diesel oil from Rs 2 per litre to Rs 6 per litre.
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VOX POP
The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment IndiaĂ´s competitiveness vis-a-vis its peers and at the same time adhered to the Prime MinisterĂ´s Ă´Make in IndiaĂ´ vision
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Bidding for TN, Odisha UMPPs scrapped
The Power Ministry has scrapped the bidding process for two ultra-mega power projects of 4,000 MW each proposed to be built in Odisha and Tamil Nadu after all private players walked out, leaving State-run NTPC and NHPC as the sole contender for each project.
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Power Play
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.
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Power Ministry cancels UMPP bids
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.