Distribution Companies’ losses to reach 1.2 % of GDP by FY2014 adversely impacting the banking system; compels the need of reforms…

The current situation of the India Power Sector has reached its saturation point which is being witnessed by the widening financial losses of the distribution companies (DISCOM). As per the research carried out the Avendus Securities; with the current rate of increase, DISCOMs’s financial losses are likely to reach 1.2% of India’s nominal...

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Mr. Sujay Ghosh – First Solar’s new India Business Head…

Mr. Sujay Ghosh has been appointed as Head – India Business Development for the First Solar, USA based manufacturer of Solar Photovoltaic Systems.   As said by First Solar; “In this new role, Ghosh will be responsible for advancing and executing First Solar’s business strategy to expand the market for utility-scale solar photovoltaic...

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Is there an alternative to Kundakulam or any other Nuclear Power Project in India… an analysis by Business Standard…

During the prolonged agitation against the proposed Kudankulam Nuclear Power Project in Tamil Nadu, it was suggested that we should explore all alternatives to nuclear power that may be feasible.   India does not possess large deposits of one alternative, natural gas. Our largest discovery, in the Krishna-Godavari basin, is yielding...

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Coal Secretary on efforts to revive the country’s drowning coal mine sector…

Coal Secretary Mr. Alok Perti put the light on government’s on going and upcoming efforts to revive the drowning coal mine sector.As said by him, despite having globally fourth largest coal reserves in India, production of coal remained at a very low level due to the monolithic structure of the industry and government control.  ...

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All Villages in Rajasthan to get 24 hour power supply by March 2013…

As said by Rajasthan State Energy Minister Mr. Jitendra Singh; all villages in Rajasthan are likely to get 24 hours power supply by March 2013.   As said by him these would be the results of multi pronged power sector reforms in various aspects such as generation, transmission & distribution segments.   We found that...

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