Of the 38 mines offered for auction, the Ministry of Coal received a total of 76 eligible bids for 23. The technical bids comprising online and offline bid documents as part of the auction were opened at 10.00 am on Wednesday. This was done in the presence of bidders who were given the option of joining the meeting in either in-person or virtually.

The Competition Commission of India (CCI) has approved the proposed acquisition of 49 per cent of the total equity share capital of Odisha Power Generation Corp. Ltd (OPGC) by Adani Power Ltd (APL).

The new coal policy is a forward-looking measure that would result in monetising of a natural resource, feel experts. It has the potential of boosting technology-aided private investments in the coal sector while also enhancing market access of coal for the downstream industrial segments of power, steel and cement.

In an interaction, DC Bagde, Managing Director, Transrail Lighting (Transrail) told INFRASTRUCTURE TODAY that the transmission and distribution segment (T&D) is likely to attract an investment of at least USD 50 billion. It's a shot in the arm for the country's T&D network, but it will not be enough.

The IIP number for the month of June 2017 came in sharply lower at -0.1% compared to 1.7% in the previous month of May 2017. A correction in the IIP was expected in the month of June due to the impact of the GST launch, although it was not expected to dip into negative territory.

The cancellation of 13.7GW of Indian coal power projects in May 2017, coupled with a record low solar tariff of Rs 2.44 /Unit (0.038USD/kWh), are the strongest indications yet that an energy transformation in India is gaining rapid momentum and global capital markets endorsement.

The Rajasthan government has said that it has agreed to transfer its 1,000 MW Chhabra thermal power plant to NTPC Ltd, in an asset-for-equity deal.

Some projects of SunEdison and Adani Power, both of which are building solar projects in Tamil Nadu, have technically missed the March 31 deadline for commissioning.

India will auction another eight coal blocks to private steel, cement and electricity companies in January, coal secretary Anil Swarup said, as it races to more than double output to 1.5 billion tonne.