India to add 3,500 MW of renewable power during the current fiscal…

India will be adding about 3,500 MW of renewable power during the current fiscal. which would entail a capital investment of about 29,000 crore, Renewable Energy Minister Farooq Abdullah said on Thursday. Spark sensed that a power generation capacity of around 3400 MW (grid-interactive) and 130 MW (off-grid / captive) from various...

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Planning Commission’s views on coal shortfall…

The Planning Commission has sounded the alarm over falling coal supplies, saying that special consideration should be made for projects in environmentally sensitive areas. In its approach paper to the Twelfth Five-Year Plan, the commission has sought a thorough review of the current approach to the environment-versus-development...

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Discoms to pay higher penalty for over drawl…

Spark learnt from the market sources that  the Indian Government proposes to increase penalties on distribution utilities for overdrawing electricity from the grid, a move that is expected to raise demand and prices in the short-term open market and help merchant power plants run by private firms such as Adani Power, Lanco and Monnet...

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