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January 3, 2014

Tax incentive window for GMR, JSPL, Sterlite power plants...

  Power generators, like GMR, Essar Power, Jindal Steel and Power and Sterlite Energy, are likely to benefit from the relaxations in mega power policy announced yesterday. A number of coal-fired power projects have been under stress to non-availability of fuel to reduction in off-take and lack of payments. “The move will help a lot...
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Lanco says it got favourable APTEL ruling in Amarkantak issue...

  Lanco Infratech's received a favourable verdict on its year-long dispute with Haryana Power Generation Corporation (HPGCL) over the second unit of its Amarkantak power plant. “As per the Appellate Tribunal for Electricity’ (APTEL) order, Amarkantak Unit 2 shall be paid regulated tariff based on the actual capital cost of the project....
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Goa's power scenario gets a boost after decrease in losses...

  Constant check on electricity pilferage and upgradation of infrastructure in the state has helped Goa to drastically reduce its power losses, government said today. The measures have helped the Goa government to drastically reduce its power losses since last year at 11 per cent compared to the national average of 35 per cent,...
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Inadequate transmission network troubles power producers in Chhattisgarh...

  Power project developers in Chhattisgarh fear lower profits because of a lack of adequate transmission network that limits their ability to sell surplus electricity out of the state. Besides state utilities, private power producers such as KSK Energy, Jindal Steel & Power, RKM Powergen and Bhaskar Group are commissioning new...
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Karnataka Government to provide 50 per cent subsidy to farms for solar fencing...

  The government will provide 50 per cent subsidy to farmers to put up solar fences on their farms, said Minister for Forests B. Ramanath Rai on Thursday, as an obstacle against entry of wild animals and to reduce man-animal conflict During his visit to the Karnataka Pradesh Congress Committee (KPCC) office here, the Minister told...
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Wind mill investments fall in Tamil Nadu...

  Tamil Nadu, which has the highest installed wind energy capacity in the country, does not seem to be an attractive destination for new investments in wind mill installations this year (2013-2014). Investments in additional wind mill installations in the State were for 113 MW between April and December 2013 as against 165 MW in...
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Australia seeks to export SolarGen technology to India....

  Australia is exploring the opportunities of exporting SolarGen technology which it feels has potential applications in Indian industry. Some of the sectors identified are petrochemicals, fertilisers and transportation. Developed by Australian scientists the technology can provide a sustainable and cost effective alternative for...
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Vestas grabs contract from Powerica for 52MW wind projects in Gujarat...

  Vestas is to supply Powerica with 51.8MW for two onshore wind projects in India. The contract covers the delivery, installation and commissioning of 26 turbines to the Jangi and Charbara projects in Gujarat. The first 21.8MW is expected to go live in July of this year, followed by a further 30MW in March 2015. The hardware payload...
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Environmental panel clears Simang I and II hydel projects in Arunachal Pradesh...

  A key environmental panel has recommended clearance for two hydel power projects in the Siang river valley in Arunachal Pradesh. The two projects—Simang I and II totalling 133 MW—are located on the Simang, the right bank tributary of the Siang River. Projects in the Siang river basin are viewed as strategically important on account...
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Bihar government not for power tariff reduction...

  Amid demands in several states for power tariff reduction on the lines of AAP government's move to reduce tariff in Delhi, Bihar government today refused to toe the line, saying the rate was already low and much below the purchase price in the state. "The power tariff is already very low in Bihar at Rs 2-2.25 per unit for urban...
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Rajasthan Government to ensure 24-hour power supply this year...

  The Rajasthan government today said that 24-hour power supply would be ensured for all in the state this year, as promised in the BJP's election manifesto, a minister said. Once the state achieves self-reliance in electricity generation, power would be supplied for all for 24 hours during this year, Rajasthan Energy Minister Gajendra...
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‘Grid integration may help check 2012-like power outages’...

  Tuesday’s linking of the southern power grid to the national grid will reduce the possibility of the recurrence of the massive power outage in India a year and half ago, and also improve the quality of power in the country. The July 30-31, 2012 outage had crippled northern and North-eastern States for several hours and more than...
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Cabinet approves Power System Development Fund....

  The government approved the proposal of the Ministry of Power for operationalisation of the Power System Development Fund. "Power System Development Fund (PSDF) will be utilised for creating necessary transmission systems of strategic importance based on operational feedback by Load Dispatch Centers for relieving congestion in...
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DoT asks PricewaterhouseCoopers to chart carbon credit policy for telecom firms...

  The telecom department has asked PricewaterhouseCoopers (PwC) to evolve a carbon credit policy for mobile phone companies in addition to evaluating the technocommercial feasibility of powering 3.5 lakh telecom towers with green or "renewable" energy. PwC India will suggest by end of February how telcos can check diesel dependence...
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