SYDNEY: A surprise election victory for Australia's pro-coal ruling coalition may bode well for the Adani Group's long-delayed mega coal mine project, with the Group's country head saying the defeat of Labor Party in Queensland, where the project is based, is a clear message to get the project done. The opposition Labor Party leader Bill Shorten who took a firm stand against coal and mining has a...
Nuclear power was supposed to save the planet. The plants that used this technology could produce enormous amounts of electricity without the pollution caused by burning coal, oil or natural gas, which would help slow the catastrophic changes humans have forced on the Earth’s climate. As a physicist who studied esoteric properties of subatomic particles, I admired the science and...
The Central Electricity Regulatory Commission (CERC) has allowed power companies to claim compensation for the additional cost of coal procured from alternative sources due to Coal India’s failure to meet supply obligations. While such compensation facility was available for the FY14-FY17 period under a modified coal distribution policy, it has since ceased to be in operation. The industry estimates accumula...
NEW DELHI: Power regulator Central Electricity Regulatory Commission (CERC) has allowed compensation to GMR Group for running its power plant on imported coal in the event of coal shortage. The order issued late on Thursday evening will have significant impact on the power generation industry that is grappling with stressed assets. Power plants w...
Solar power may promise a bright future for India’s energy requirements, but behind the sheen is a growing mountain of waste. While the national government is pushing an ambitious solar power programme for India, it has, so far, failed to put in a mechanism to address the problem of waste, including environmentally hazardous materials, from solar photovoltaic panels that can be hazardous to the...
KOLKATA: India’s power demand soared to a record high on May 8, around four months before consumption is usually the highest in a year. Hot weather, better access to electricity and smoother supply during the ongoing elections led to an increase in maximum demand to an estimated 178.25 GW, higher than 177.02 GW recorded on September 18 last year. But supply during the day was...
Restoration of power connection in cyclone-ravaged areas in Puri, Khordha, Nayagarh, Jagatsinghpur, Kendrapara and Cuttack has been expedited following coordinated work between the Centre and the State. Union Secretary of Energy and Telecommunications Ajoy Kumar Bhalla had a review meeting today with Chief Secretary Aditya Prasad Padhi at the State Secretariat where a decision was taken to expedi...
New Delhi: Union power secretary Ajay Bhalla has said state distribution companies cannot be blamed for rising debt and dues. These discoms have improved their operational efficiency, but state regulators in some cases have not allowed electricity tariffs to keep pace with inputs costs, he told ET in an interview. Bhalla’s comment is at odds with...
Washington: Fifty coal-fired power plants have shut in the United States since President Donald Trump came to office two years ago, an environmental organization said Thursday. The Sierra Club counted 50 closures, along with 51 announcements of closure, since Trump was sworn into office in January 2017. The numbers are distinct because it sometimes takes years betwe...
New Delhi: Credit rating agency Crisil has projected that total debt overhang of state power distribution utilities would rise to Rs 2.6 lakh crore soon. The debts of the distribution companies (discoms) have soared despite the much-heralded scheme to turn utility finances around, the Ujwal Discom Assurance Yojana, UDAY, which evidently has come a cropper. There is ...