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.
August 04, 2014 18:46 (IST)
Twenty two coal-based power plants monitored by the Central Electricity Authority were reeling under fuel shortages with stocks to last less than four days as of last week, Coal and Power Minister Piyush Goyal said on Monday.
Dubai | July 31, 2014 15:08 (IST)
Annual growth rate of renewable energy in India in the last decade has been about 22 per cent, said Seetharam, who was earlier this month appointed India's permanent representative to International Renewable Energy Agency (IRENA).
July 28, 2014 17:05 (IST)
India sits on one of the world's biggest coal reserves, yet its power stations are starved of the fuel with some idle and others running dangerously low on supplies.
New Delhi | July 26, 2014 18:19 (IST)
On Friday, the wind turbine maker said its net loss narrowed to Rs 750.74 crore in the three months ended June 2014, mainly on the back of higher income.
Gandhinagar | July 26, 2014 11:41 (IST)
As per the report, GMB entered into an agreement with RPL in July 1999 to allow the petroleum giant to build its own captive jetty in Sikka near Jamnagar, for its liquid and gas cargo.
July 24, 2014 13:07 (IST)
Jaiprakash Power Ventures in a filing to Bombay Stock Exchange said that TAQA India Power Ventures has withdrawn from acquisition agreement dated March 1, 2014 to acquire its power assets of Karcham & Baspa Hydro Power Projects in Himachal Pradesh.
July 21, 2014 18:13 (IST)
Amid fuel shortages, power producers have been advised to import 54 million tonnes (MT) of coal in the current fiscal year, the government said on Monday.
July 20, 2014 13:50 (IST)
Pushing ahead with its expansion plans, Tata Power is scouting for investment opportunities in select overseas geographies and eyeing assets available for acquisition due to financial stress in the power sector.
July 18, 2014 16:29 (IST)
The latest estimate for Reliance's quarterly operating profit stands at Rs 7720 crore from Motilal Oswal Securities, StarMine data adds.
July 17, 2014 20:45 (IST)
Volatility in international coal prices and exchange rates are a potential risk, it added.
July 17, 2014 19:00 (IST)
The Supreme Court earlier in April appointed Michael Hudson McHugh, former Judge of the High Court of Australia to head the board of arbitrators to solve the dispute.