Punjab power consumers to get relief from high tariffs

Power consumers in Punjab are set to get relief from high tariffs in the next financial year as the state will start getting low-cost fuel to generate electricity from a captive coal mine from next year, which will reduce its costs by 60%. “We are planning to pass the benefit to consumers from the next fiscal. Average savings to consumers would be about 16 paise per unit,” PSPCL chairman-cum-managing dir...

Resolution soon on 7-8 stressed power assets worth Rs 17,000 crore, says SBI MD

New Delhi: State Bank of Indiamanaging director Arijit Basu said today that about 7-8 power sector projects worth Rs 17,000 crore are expected to be resolved soon as lenders are nearing consensus on these. There are about 34 stressed power projects and the combined value of their outstanding loans is about Rs 1.74 lakh crore.  "We have looked at 13-14 accounts which would entail ...

NTPC, IWAI explore option to transport fly ash by waterways

New Delhi: In a bid to increase fly ash utilisation, state-owned powergiant NTPC along with Inland Waterways Authority of India (IWAI) is exploring the possibility of transporting fly ash through waterways -- from the NTPC's Kahalgaon thermal power plant. "Sustainable Fly Ash utilisation is one of the key initiative at NTPC. There is a huge demand for Fly Ash but due to the...

‘India has taken a quantum jump in the wrong direction after 2014’

Eminent economist Amartya Sen said that despite being the fastest-growing economy the country has taken a “quantum jump in the wrong direction” since 2014. He also said that due to moving backwards, the country is now second worst in the region. “Things have gone pretty badly wrong... It has taken a quantum jump in the wrong direction since 2014. We are getting backwards in the fastest-growing...

AIPEF warns nation wide protest

CHANDIGARH: Chandigarh All India Power Engineers Federation (AIPEF) warned that it would launch a nation-wide protest in November or December in case Central government pushes through with the Electricity (Amendment) Bill 2014 without taking into consideration the views of all States and all stakeholders. AIPEF held its federal council meeting today which was attended by 20 state constituents resolved that the Gov...

NTPC to set up subsidiary for coal mining soon

State-run power giant NTPC will soon set up a subsidiary to handle its coal mining operations and also plans to enter commercial coal mining after meeting its requirement, an official said. The power sector behemoth also has a plan to list the coal subsidiary subsequently on stock exchanges. “The NTPC will set a coal subsidiary. It would cover operations of its all coal mines and will be run like a coal c...

No reverse auction, over-invoicing on coal import caused Rs 6,000 crore loss to TN: Activist

CHENNAI: After paying $10-$15 more for each tonne of imported coal for power plants during 2012-16, the state discom imported coal at $10-$15 less than the market rate in January 2018, documents sourced through RTI . This was because Tamil NaduGeneration and Distribution Corporation (Tangedco) adopted a reverse auction method for the 2018 tender, which was not used for those during 2012-16, said Ara...

No reverse auction, over-invoicing on coal import caused Rs 6,000 crore loss to TN: Activist

CHENNAI: After paying $10-$15 more for each tonne of imported coal for power plants during 2012-16, the state discom imported coal at $10-$15 less than the market rate in January 2018, documents sourced through RTI . This was because Tamil NaduGeneration and Distribution Corporation (Tangedco) adopted a reverse auction method for the 2018 tender, which was not used for those during 2012-16, said Ara...

ALL INDIA POWER ENGINEERS FEDERATION

No.27 / Pay Scales / 2018                       15 - 08 - 2018   All Office Bearers - A I P E F   Chairman / Secretary General - SIPEF / WIPEF / EIPEF / NIPEF   President / General Secretary - All AIPEF Constituents   Sub : REMINDER For Pay Scales & Allowances   After 7th Pay Revision by GOI Pay Revi...

Spell of heavy rainfall boosts Bhakra and Pong reservoir

CHANDIGARH: Water level in Bhakra reservoir increased by 12.7 feet in last two days following heavy rainfall in the catchment areas in Himachal Pradesh. During the last 48 hour period from 11th to 13th August Bhakra reservoir received inflows up to 1.35 lac cusecs and caused reservoir level to jump from 1595.93 ft to 1608.6 feet , a rise of 12.7 feet. Last year water level on corresponding day was 1656.7 feet...