Coal Ministry issued revised coal distribution policy...

  The existing Coal Distribution Policy has been modified by the Coal Ministry to clear the legal hurdles being faced by Coal India Limited (CIL) and to reduce its coal supply commitment from 100% to 80% in new Fuel Supply Agreements (FSA) as well as import of coal to meet the shortfall of power production.   Some of the features...

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Forest Clearances for Tipaimukh and Dibang Projects are rejected by MoEF...

  Forest Clearances of 1,500 MW Tipaimukh Hydel Project in Manipur and 3,000 MW Dibang multipurpose project in Arunchal Pradesh have been rejected by Ministry of Environment & Forest. Dibang Project is being implemented by National Hydro Power Corporation (NHPC) limited whilst the Tipaimukh Project is being implemented by...

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Power Surplus Gujarat's 6500 MW Installed capacity is lying unutilized...

  As per the Gujarat Government, around one third of state's power generation capacity is lying idle due to lower demand as well as non availability of natural gas for the power projects..   The installed capacity of Gujarat is around 17,300 MW, with a combination of Coal and Gas based projects, out of which around 6500 MW...

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Net Profit of JSW Energy increased to Rs. 214.3 Crores during the quarter ended June 2013...

  JSW Energy has posted a net profit of Rs. 214.3 Crore in the quarter ended June 2013 which in corresponding period last year was Rs. 3.41 Crore.   Some other financials as released by the company are: Total income from operations in the latest quarter rose to Rs. 2,471.96 crore. In the 2012 June quarter, the same...

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CESC Limited's Q1 Net Profit increased by 4.8%; received node for delisting from London Stock exchange...

  CESC Limited has recorded a net profit of Rs. 131 Crores for the quarter ended June 2013 which is higher by 4.8% compared to corresponding quarter last year as per the company's Annual General Meeting (AGM). The company also secured shareholders' nod to delist its shares from London Stock Exchange to cut costs. Net sales of the...

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Gujarat Wind Power Policy 2013

    Gujarat Government has issued a new Wind Power Policy on 25th July 2013. Brief details of the same can be found at this post. The complete policy document as uploaded by Gujarat Government is embedded below in pdf form.      ...

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JSE Energy looking for acquisition of distressed power projects...

  JSW Energy, after putting on hold all new power projects due to policy and regulatory uncertainties, seems to be quite serious about increasing the portfolio by the way of acquisition of distressed power projects. As announced by the company some days ago, JSW Energy has put on hold all the new power projects. However, according...

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CIL & NTPC signs Fuel supply agreements for 16 Power projects...

  Coal India Limited (CIL) and National Thermal Power Corporation Limited (NTPC) have recently signed Fuel Supply Agreements (FSA) for 16 Coal based Power Projects of NTPC. With this the score of FSAs signed by CIL has reached to 82 for around 34,793 MW Capacity. The 16 FSAs signed with NTPC includes 11 with NTPC itself and 5 with...

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