August 31, 2014 14:30 (IST)
The Coal Ministry is likely to revisit the policy on tapering linkages which may be done after the apex court gives its judgement on the coal mines issue.
August 29, 2014 18:55 (IST)
Miffed at snapping power supply "unilaterally", the Haryana government on Friday warned of legal action against Adani Power Limited (APL) by charging it with the "breaching terms" of power purchase contract.
August 27, 2014 22:39 (IST)
Some parts of the country might face significant electricity shortages with about 7,000 MW generation capacity getting impacted due to many power plants, including Mundra projects of the Adanis and the Tatas, shutting down some of their units.
August 27, 2014 21:21 (IST)
NTPC Ltd, India's largest power producer, will import about two-thirds more coal this fiscal year, its chairman said, as it looks to meet the country's growing power needs amid an acute shortage of coal in a sector hamstrung by scandals.
August 27, 2014 19:31 (IST)
ONGC is India's largest oil and gas exploration company.
August 27, 2014 16:59 (IST)
A Supreme Court ruling this week that India's decades-old method of granting coal mining concessions is illegal could herald much-needed reforms in a sector long dogged by the inability of state-run Coal India to raise output fast enough.
August 26, 2014 23:46 (IST)
The Supreme Court's decision that all coal blocks allocated during 1993 to 2010 by the government have been allocated illegally and arbitrarily is likely to create an overhang in the sector, according to a Barclays report.
August 25, 2014 23:59 (IST)
As much as 28,000 MW of power generation capacity may be affected if the Supreme Court were to cancel coal mines that it has declared illegally allocated between 1993 and 2010, Deloitte senior director (consulting) Debasish Mishra has said.
August 25, 2014 23:46 (IST)
The Confederation of Indian Industry (CII) on Monday said the Supreme Courts judgement on coal block allocation will help usher in a transparent system of allocation of natural resources.
August 25, 2014 23:36 (IST)
Jindal Steel and Power LTd (JSPL), which is operating two coal mines in Chattisgarh among the eight allocated between 1993 and 2010, on Monday said it is "evaluating the Supreme Court judgement" on coal block allocation and "the implications for JSPL".
August 25, 2014 19:49 (IST)
Prime Minister Narendra Modi on Monday met Power and Coal Minister Piyush Goyal to discuss bottlenecks in the power sector and also deliberated on the fallout of the apex court's view on coal block allocation.
August 21, 2014 20:51 (IST)
The government has approved several relief measures such as exclusion of projects receiving gas under the Administered Pricing Mechanism from pooling and a financial package to benefit plants worth Rs 1.2 lakh crore stranded due to shortage of fuel.
August 15, 2014 16:42 (IST)
In a major decision, Maharashtra Electricity Regulatory Commission (MERC) has granted a 25-year distribution licence to Tata Power for supplying power in city and suburban areas.
August 15, 2014 00:02 (IST)
Adani Group chairman Gautam Adani has said that it is time for consolidation in the Indian power sector.
August 13, 2014 21:34 (IST)
Lanco Infratech Ltd said it has sold a 1,200-megawatt (MW) thermal power plant in Karnataka to Adani Power Ltd for about Rs 2,000 crore ($327 million; 1 dollar = 61.2150 rupees), as the company looks to cut debt.
August 13, 2014 16:29 (IST)
The government on Wednesday said it will come out with a new natural gas pricing formula by September 30.
August 12, 2014 16:51 (IST)
Start-up of the Paradip plant has been delayed several times. The latest deadline to commission the plant was in August/September.
August 10, 2014 11:26 (IST)
Former Australian judge Michael McHugh, who was appointed by the Supreme Court to adjudicate on Reliance Industries' KG-D6 dispute, had slammed government interpretation of his statements before quitting the tribunal.
August 08, 2014 18:59 (IST)
State-owned Power Grid Corp has received approval of its board for investing Rs 477.24 crore in two transmission projects.
August 08, 2014 15:39 (IST)
Coal and Power Minister Piyush Goyal has asked Coal India Ltd (CIL) to prepare an action plan by next month to liquidate 39 million tonnes of stock, as nearly half the thermal power plants in the country are reeling under fuel shortages with less than seven days of stocks, according to a source privy to the development.