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August 6, 2013

Investment by Private Sector companies in Indian Power Sector reduced by 44% during FY 2012-13...

  During the financial year of 2012-13, the investment in Indian Power Sector by the private companies have been decreased by 44% compared to the previous financial year of 2011-12. During the FY12-13, investment done by the private companies in the power sector was around Rs. 54,953 Crores which in FY11-12 was around Rs. 98,283...
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Coal India supplied 88% of committed coal to the power plants during Q1 of 2013...

  During Q1 of the current financial year, Coal India Limited has supplied around 86.39 million tonnes of coal to power sector which is almost 88% of the commitment of 96.41 million tonnes under the Fuel Supply Agreements (FSA). As said by the Coal Ministry, during April 13 coal stocks with power plants has gone up to 19.75 million...
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Tata Power recorded consolidated net loss of Rs. 114.7 Crores in Q1 of 2013...

  Tata Power has recorded consolidated net loss of Rs. 114.7 Crores in the quarter ended June-13 as against the profit of Rs. 145.9 Crores during the same period a year ago.   As said by the company the higher interest payment and forex loss has resulted in the poor financials of the company. Consolidated net revenue...
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RPower approaches CERC seeking increase in tariff for all of its UMPPs...

  Reliance Power Limited  (R-Power) has approached the Central Electricity Regulatory Commission (CERC) to revise the tariff of all of its 3 Ultra Mega Power Projects in the country. Tilaiya UMPP According to the company, the cost of Rehabilitation & Resettlement (R&R) has been increased seven fold from Rs. 530 Crores...
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Su-Kam and Tata Power signs MoU for roof-top solar projects for its consumers...

  Su-Kam Power Systems Ltd, has signed a Memorandum of Understanding (MoU) with Tata Power Delhi Distribution (TDPPL) to offer its subscribers exclusive rates for rooftop solar projects, Under the MoU, the subscribers and employees of TDPPL can avail exclusive discounts on Su-Kam's Solar PV Modules, roof top solar systems and other...
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NPCIL's 6000 MW nuclear project receives recommendation for CRZ clearance from Gujarat Coastal Zone Management Authority...

  Nuclear Power Corporation of Indian Limited's (NPCIL) proposed 6,000 MW nuclear power project at Mithivirdi, Bhavnagar District in Gujarat has received recommendation for Costal Regulatory Zone (CRZ) approval from Gujarat Coastal Zone Management Authority (GCRZMA). The proposed nuclear power project will be having six Light Water...
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Ramoji Group's newspaper to develop 6.5 MW Captive Solar Project for its printing presses...

  Eenadu, the Telugu Newspaper owned by Ramoji Group, has planned to put up a 6.5 MWp Solar PV Project for the captive consumption of its printing presses. According to the company officials, the Proposed Project will be having ground mounted structure with tracker system and will generate around 12,289,500 units of clean solar electricity...
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MERC issues order on compliance of RPO by Captive & Open Access Consumers...

  Maharashtra Electricity Regulatory Commission has issued an order for the compliance of Renewable Purchase Obligations (RPO) by Captive user & Open Access Consumers in the state of Maharashtra.   Brief details of the order are as follows: The Order covers only enforces the Captive Users and Open Access Consumers...
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