Power & Energy News Monthly Archive April 2018

APR 30 2018

Blending scheme may raise power plant RoEs by 200 bps

  • FE Bureau, The Financial Express / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The new scheme of the power ministry allowing thermal power generation companies to blend renewable energy to meet their existing contractual supply obligations may raise returns on equity (RoEs) ...

APR 30 2018

Good news: All 5,97,464 villages electrified, says power ministry

  • Anupam Chatterje, The Financial Express / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The power ministry has reported that all inhabited villages in the country have been electrified. When the Modi government took over, there were 18,452 unelectrified villages in the country but ...

APR 30 2018

Corporate funding in global solar sector dives 65%: Report

  • PTI, The Hindu Business Line / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The global solar sector witnessed total corporate funding of $2 billion in the first three months of 2018, a decline of 65 per cent over the previous quarter, as per a report by clean energy ...

APR 30 2018

Energy ties with US: Time for India to strike a balance

  • Richa Mishra, The Hindu Business Line / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

As India moves forward aligning itself with America to satisfy its energy appetite, a challenge before New Delhi would be to strikea perfect balance between the US and OPEC as well as Russia, ...

APR 30 2018

Government plans mega show to highlight electrification success

  • Utpal Bhaskar, The Live Mint / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The National Democratic Alliance (NDA) government plans to hold a mega show to celebrate electricity access to all villages in India. Representatives from several villages that have got ...

APR 30 2018

Blast at India-developed hydro project in Nepal weeks before inauguration by Modi

  • PTI, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

A bomb exploded today at the office of a hydroelectricity project being developed with Indian assistance in eastern Nepal, an official said, weeks before its inauguration by Prime Minister ...

APR 30 2018

Solar grouping ISA to create ecosystems for startups in solar innovations

  • PTI, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

International Solar Alliance (ISA) will create ecosystems for startups in solar innovations by enabling incubation, partnerships, access to finance and standards.  The task force, set ...

APR 30 2018

Spot power prices to be around Rs 4 per unit in May, June: Experts

  • PTI, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

Spot power prices in the country are unlikely to surge in the next two months and hover around Rs 4 per unit in view of availability renewables, mainly wind energy, experts say. There were ...

APR 30 2018

State Bank of India plans recast of stressed power assets

  • Sarita Singh, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

State Bank of India (SBI) is preparing a major debt restructuring and takeover plan for stressed power assets, to improve valuations and attract new owners with incentives and a quick resolution ...

APR 30 2018

East-West Metro project in Kolkata gets first power connection

  • Ajanta Chakraborty, ETEnergyWorld / Kolkata, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The East-West project touched another milestone on Saturday after the Metro network received its first power connection. Around 3.30 pm, energizing of the ‘receiving’ and ...

APR 30 2018

UP CM Yogi Adityanaths claim of 18-hour power supply blowin in the wind in Bijnor

  • Harveer Dabas, ETEnergyWorld / Bijnor, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

During his recent visit to west UP districts of Amroha and Bulandshahr, chief minister Yogi Adityanath repeatedly patted his own government’s back by stating that it provided 18-hour power ...

APR 30 2018

Govt to issue tenders for 20,000 Megawatt solar power capacity

  • Sidhartha, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The government is ready with tenders for an addition of 20 gigawatt (20,000 mega watt) solar power, with the successful bidder mandated to have production facility to manufacture nearly half the ...

APR 30 2018

Renewable power developers headed for transmission woes

  • Kaavya Chandrashekharan, ETEnergyWorld / Bengaluru, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

Renewable energy developers are worried that transmission facilities are not keeping pace with power generation even as 12,000 MW of solar projects under construction and another 7,000 MW of wind ...

APR 30 2018

MPT tightens belt after coal, iron ore stoppage

  • Newton Sequeira, ETEnergyWorld / Panaji, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

With revenue sources drying up, Mormugao Port Trust is looking for ways to reduce its operational costs. After already freezing payment of allowances, the port management has now decided to ...

APR 30 2018

Few Schedule III coal blocks start operation ahead of time

  • PTI, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

The government has said some Schedule III coal blocks have started production ahead of the time, and exuded confidence that the remaining mines will start operation on ...

APR 30 2018

Reliance Industries plans to shut oil and gas fields in KG-D6 block

  • PTI, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

Reliance Industries plans to shut oil and gas production at its main fields in KG-D6 block in the coming months and begin complying with the government's guidelines for decommissioning facilities ...

APR 30 2018

Dharmendra Pradhan inaugurates three projects in Odisha

  • ANI, ETEnergyWorld / Bhubaneshwar, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

  Union Minister for Petroleum and natural gas Dharmendra Pradhan on Sunday launched three projects, including a liquefied petroleum gas (LPG) bottling unit ...

APR 30 2018

Karnataka poll effect? Fuel prices not revised for six days

  • Sanjeev Choudhary, ETEnergyWorld / New Delhi, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

State oil companies have not revised prices of petrol and diesel for almost a week in an apparent suspension of their freedom to alter prices daily in line with fluctuations in international fuel ...

APR 30 2018

ONGC crude oil pipeline leakage: PMK leader demands closure of oil wells

  • TNN, ETEnergyWorld / Trichy, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

PMK leader and MP Anbumani Ramadoss insisted on the closure of oil wells in Thanjavur district following the leakage of crude oil from the pipeline and spillover in the farmland at ...

APR 30 2018

Dedicated Electric Vehicle policy to be introduced for Goa in a year

  • TNN, ETEnergyWorld / Panaji, 30th April 2018 Published on : 30th April 2018
  • Created:Mon 30th APR 2018

As the government looks to propel the Information and Technology (IT) industry in the state, the department of information and technology is working on policies that could soon make Goa a niche ...