NTPC, India’s largest public sector power producer, is planning to acquire two stressed power projects of Jaiprakash Power Ventures and one of Jindal India on a slump sale basis, as the developers failed to service debt and are now before the National Company Law Tribunal (NCLT). People close to the development told FE that NTPC is separately negotiating with lenders to arrive at a deal so they can acquire the ...

New Delhi: The Delhi high court on Wednesday rejected Reliance Power Ltd’s plea seeking permission to mine coal from the Moher and Moher-Amlohri blocks beyond the approved limit of 17 million tonnes per annum (MTPA). Reliance Power had argued that the existing cap on coal mining was not enough to run its 3,960 megawatt Sasan Ultra Mega Power Project (UMPP) in Madhya Pradesh, and if the additional 2 MTPA...

The National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) has decided to resort to one day nationwide strike on December 7 against the Electricity (amendment) bill 2014. The decision was taken in a National Convention meeting held in New Delhi today. While addressing gathering here the Chairman AIPEF Shaliender Dubey urged the Prime Minister, Chief Ministers and Membe...

CHANDIGARH: A National Convention held  in the Capital under the banner of the National Coordination Committee of Electricity Employees and Engineers (NCCOEEE) decided to resort to one day nationwide  strike On December 7  against the Electricity (amendment ) bill 2014.It was also decided to go on flash strike in case government moves earlier to pass the bill in Parliament. The Convention was a...

Moody's today projected a stable outlook for power sector while its Indian affiliate ICRA said that reforms for the distribution sector under UDAY scheme have seen mixed results. "Moody's has a stable outlook on the power sector. However, ICRA believes that the reforms for the Distribution Utilities (DISCOMs) -- UDAY (Ujwal DISCOM Assurance Yojana) have seen mixed success," a&...

PATIALA: A former engineer of the Punjab State Power Corporation Limited (PSPCL) Baldev Singh Sran on Wednesday took over as the chairman cum managing director of the corporation for a period of two years. He took over in presence of Cabinet minister for power Gurpreet Singh Kangar, who said government hoped that under the new CMD the power corporation would continue to implement govern...

  Apropos the editorial ‘Power subsidy reforms’ (June 6), the commission has rightly suggested that landholding size should be considered for giving free power to the agriculture sector. The suggestion to charge a flat rate of Rs 100/hp/per month from farmers owning 4 hectares or more should be considered as the first step. One of the reasons the power sector is in a mess is that the PSPCL is comp...

  Apropos the editorial ‘Power subsidy reforms’ (June 6), the commission has rightly suggested that landholding size should be considered for giving free power to the agriculture sector. The suggestion to charge a flat rate of Rs 100/hp/per month from farmers owning 4 hectares or more should be considered as the first step. One of the reasons the power sector is in a mess is that the PSPCL is comp...

Achievements of Power Ministry during last 4 years    (i)Generation capacity- 1 Lakh MW generation capacity added. (2,43,029 MW in March 2014 to 3,44,002 MW in March 2018) India emerges as net exporter of electricity. 7203 MU supplied to Nepal, Bangladesh and Myanmar in FY 2017-18. Energy deficit reduced from 4.2 per cent (in FY 2013-14) to 0.7 per cent (in FY 2017-18) (ii) One Grid One N...

New Delhi: The government has awarded powertransmission projects worth Rs 48,427 crore since 2014, power distribution companies have saved Rs 20,000 crore in interest cost and the power ministry’s star labelling programme has helped save Rs 22,500 crore worth of energy over the period. These figures are part of the list of 4 years’ achievements of the Modi government shared by the powe...