Press Trust of India | Last Updated: June 29, 2016 10:03 (IST)
Recent policy measures announced by the Centre including flexible utilisation of domestic coal linkage and procurement of short-term power through reverse auction are favourable for state discoms as they is likely to reduce the cost of power purchase, says a report.
Press Trust of India | Last Updated: June 20, 2016 14:53 (IST)
Wind Turbine maker Suzlon Group on Monday said it has entered into a pact with CLP India for a 100 mw solar project at Veltoor in Telangana.
Thomson Reuters | Last Updated: June 17, 2016 19:48 (IST)
Siemens and Spain's Gamesa agreed on Friday to create the world's biggest builder of windfarms, with the German company paying 1 billion euros ($1.13 billion) for a majority stake in the combined business.
Indo-Asian News Service | Last Updated: June 17, 2016 17:18 (IST)
With international oil prices climbing back towards $50 a barrel after touching a 12-year low in January, Moody's Investor Service said on Friday that amid continuing challenges for energy companies, its medium-term outlook for the sector remains unchanged.
Press Trust of India | Last Updated: June 17, 2016 16:13 (IST)
Public sector power generator NTPC has made a saving of Rs 446 crore in energy bill in April this year despite recent increase in Clean Energy Cess on coal.
Press Trust of India | Last Updated: June 13, 2016 17:33 (IST)
Engineering firm ABB has commissioned five sub- stations to integrate 648 MW solar project at Kamuthi in Tamil Nadu to the national transmission grid.
Thomson Reuters | Last Updated: June 13, 2016 17:21 (IST)
Renewable energy sources such as wind and solar will attract two-thirds of all investment in power-generating plants between 2016 and 2040 in spite of persistently cheap coal and gas prices, a new report has found.
Press Trust of India | Last Updated: June 12, 2016 18:16 (IST)
Power tariff in India is likely to increase by 8-10 per cent after Coal India decided to hike the commodity's prices, Tata Power CEO and managing director Anil Sardana has said.
Press Trust of India | Last Updated: June 12, 2016 17:43 (IST)
Almost three years after it was shut for want of fuel, private utility Essar Power is planning to start operations at its 500 MW natural gas-based power plant at Hazira in Gujarat in the next quarter, a top company official said.
Press Trust of India | Last Updated: June 12, 2016 15:26 (IST)
Government is planning to make the country energy surplus with a target of generating 1,178 billion units, leading to a 1.1 per cent overall electricity surplus this fiscal year.
Press Trust of India | Last Updated: June 10, 2016 17:05 (IST)
India's leading gas importers are benefiting from easing prices of Liquefied Natural Gas prices with promises of strong profits in the coming months, Japanese financial services firm Nomura has said in a report.
Thomson Reuters | Last Updated: June 06, 2016 12:16 (IST)
Oil minister said on Monday that the government was ready to help with the revival of projects including Nagarjuna Oil Refinery Ltd.
Press Trust of India | Last Updated: June 06, 2016 10:24 (IST)
A high-level panel has deferred green clearance to Coal India's 10 MTPA washery in Odisha and sought more information from the company, a move that may hit government's plan to provide quality fuel.
Press Trust of India | Last Updated: June 02, 2016 17:23 (IST)
With global oil giants staying shy of India in past, the government has tweaked terms to attract mainly medium-sized players for the auction of nearly four dozen small oil and gas fields in the first sale in six years.
Thomson Reuters | Last Updated: May 24, 2016 11:38 (IST)
Government is putting up for auction nearly four dozen small oil and gas fields in the first such sale in six years, oil ministry said in a newspaper advertisement on Tuesday.
Press Trust of India | Last Updated: May 20, 2016 16:33 (IST)
Buoyed by the success of Uday Scheme for revival of debt-ridden discoms, Power Minister Piyush Goyal on Friday said bonds worth Rs 1.5-1.75 lakh crore are expected to be issued in the ongoing fiscal.
Press Trust of India | Last Updated: May 20, 2016 11:20 (IST)
The Centre on Thursday told the Delhi High Court that export of country's domestic crude oil cannot be allowed as it would be detrimental to the national interest considering the fact that nearly 85 per cent of required crude was imported.
Press Trust of India | Last Updated: May 19, 2016 17:49 (IST)
State-run CIL arm Western Coalfields Ltd (WCL) on Thursday announced the reduction of its e-auction coal price by 20 per cent of the rate notified.