October 19, 2014 18:59 (IST)
Coal India Ltd (CIL) has so far signed 162 fuel supply agreements (FSAs) with power plants.
October 13, 2014 17:03 (IST)
India's electricity problems can be solved within a short time by reviving power plants of thermal power capacity of 1 lakh MW that are lying idle, Chairman of the Advisory Group for Integrated Development of Power, Coal and Renewable Energy Suresh Prabhu has said.
October 10, 2014 20:27 (IST)
In order to improve coal supply, the government on Friday said it is focusing on 2-3 major rail projects that will resolve the connectivity problems.
October 09, 2014 21:31 (IST)
State-owned Coal India Ltd (CIL) missed its output target for a fifth consecutive month in September, producing 34.88 million tonnes (MT) of the dry fuel against the targeted 36.17 MT even as acute fuel shortages continue to hit power generation.
October 07, 2014 14:53 (IST)
India's coal imports surged 19 per cent to 16 million tonnes in September from a year ago as fuel-hungry power companies bought at lower international prices to bring in much-needed supplies, preliminary data from online trader Mjunction showed.
October 05, 2014 18:36 (IST)
Power tariff in the city may go up next month as the Delhi Electricity Regulatory Commission (DERC) is all set to levy a fuel surcharge to help the private distribution companies adjust their power purchase cost.
October 03, 2014 21:45 (IST)
State-run miner Neyveli Lignite's 1,000 MW thermal power plant at Tuticorin is in advanced stages of completion, a development that will help it achieve over 4,200 MW generation capacity.
October 03, 2014 20:49 (IST)
With the Supreme Court clearing the air with regard to coal blocks, the Coal Ministry has said it will make efforts to ensure that the fuel is made available for electricity generation and the crisis at power plants is eased.
October 01, 2014 19:18 (IST)
The recent cancellation of coal block allocations by the Supreme Court provides an opportunity for the government to reform the process of awarding coal mines in the country, global credit rating agency Standard & Poors said on Wednesday.
September 27, 2014 18:10 (IST)
The Supreme Court's verdict to cancel all but four coal mines allocated since 1993 will have a serious ramification for the energy and steel sectors hitting their bottomlines and fines imposed alone could amount up to Rs 7,300 crore, rating agencies have said.
September 25, 2014 20:27 (IST)
JSW Energy Ltd on Thursday said it had agreed to buy three operating power plants from Jaiprakash Power Ventures Ltd, as it looks to expand its portfolio beyond coal and lignite-based plants.
September 24, 2014 20:35 (IST)
Law Minister Ravi Shankar Prasad declined to give a reason for the delay but said "there is life beyond gas pricing".
New Delhi | September 24, 2014 16:21 (IST)
ONGC Videsh Ltd, the overseas arm of state-owned Oil and Natural Gas Corp, had in 2008 discovered the Farzad-B gas field in its Farsi exploration block in the Persian Gulf.
Guwahati | September 12, 2014 19:20 (IST)
NRL achieved a sales turnover of Rs 9,872 crore recording a growth of 13 per cent while the net profit increased by 157 per cent to Rs 371 crore.
New Delhi | September 11, 2014 20:28 (IST)
BP, whose $7.2 billion investment in 2011 is the largest foreign investment in the energy sector in India, has lined up projects that will reverse the sinking natural gas production from eastern offshore KG-D6 fields. The investment, however, is unviable at current $4.2 per mmBtu gas rate.
New Delhi | September 05, 2014 15:18 (IST)
In one of the biggest deals in the power space, Anil Ambani Group firm Reliance Power in July announced that it had signed an initial agreement to acquire all the three hydroelectric power plants of Jaiprakash Associates Ltd. The deal would be worth about Rs 12,000 crore.
September 04, 2014 17:04 (IST)
The move is part of emergency measures taken by the state giant to prevent a shutdown of nearly one third of India's thermal power plants that have coal stocks of less than four days - a situation last seen in one of the worst blackouts in 2012.
September 03, 2014 23:41 (IST)
Amid acute shortage of coal for the power sector, Coal India Limited has accepted the government's request for drastically reducing its e-auctions to almost half.
September 03, 2014 19:44 (IST)
The Production Sharing Contracts (PSC) government entered into firm like RIL for exploration and production provides for marketing freedom to contractors for sale of gas within India at arm's length to the benefit of all the parties to the contract.
New Delhi | September 03, 2014 15:40 (IST)
The government had earlier floated draft note to seek the approval of the Cabinet for permitting loss and the marginally profit-making subsidiaries of CIL to adopt 2007 pay revision as an exception to the prescribed affordability clause and payment of performance related pay to the executives of all subsidiaries of CIL.