BHOPAL: NGT's 'oversight committee', led by Justice (retd) Rajesh Kumar, has set a 60-day deadline to power companies in Singrauli to completely stop using public roads for transportation of coal.  The committee was in Singrauli for three days from February 27 during which it inspected several firms. When power generation companies sai...

The Supreme Court will start hearing on the power, sugar, and shipping companies’ challenge to the Reserve Bank of India’s (RBI) February 12 circular from Wednesday. With a total exposure of nearly Rs 2 trillion in the power sector alone, companies, hoping for a verdict in their favour, may have to face some disappointment, experts said. “Value maximisation is the main purpose of the...

HYDERABAD: The success story of Telangana power sector under the leadership of Chief Minister K Chandrasekhar Rao was unparalleled, said Chief Secretary SK Joshi.  Joshi, along with State government’s chief advisor Rajeev Sharma, on Monday unveiled two books penned by Chief Minister’s PRO and Transco General Manager Gatika Vijay Kumar.  The two books are “Telangana Rashtra...

New Delhi: State-owned engineering and manufacturing giant Bharat Heavy Electricals Ltd (BHEL) today announced it has installed the first solar electric vehicle (EV) charging station on Delhi-Chandigarh highway. The first in a series of charging station on the entire 250 kilometer stretch was inaugurated by A R Sihag, secretary, Department of Heavy Industry (DHI) in the presen...

New Delhi: The government has approved a Rs 14,000-crore special economic zone (SEZ) project of Adani Power in Jharkhand, which will export entire power generated to Bangladesh, an official said. The project was approved by highest decision making body on SEZ - Board of Approval - chaired by the commerce secretary, in its meeting on February 25, the government official said. Adani Power (Jharkhan...

  New Delhi: State-run power giant NTPC has decided to acquire only those stressed power projectsundergoing insolvency proceedings in the National Company Law Tribunal (NCLT), with an aim to get fairer deals. All those insolvency deals so far in the NCLT have got discounts of up to 70 per cent or even more from secured creditors. The ...

The State, Markets, and Democracy in India India is therefore different from many of the developed countries we have seen earlier in that it was a democracy before it industrialised, before it had a strong state, and before it had an independent private sector or healthy markets. While democracy was apathetic initially, political decentralisation has revived political engagement, and has helped strengthen democrat...

The level of new solar capacity – 8,263 MW – however, was 15.5% down from the 9,782 MW added in 2017 owing to safeguarding duty and tax taking a toll on large-scale PV. While utility-scale solar declined 23% year-on-year, rooftop PV remained a bright spot, and registered impressive growth of 66%. India added 16.3 GW of new power generation capacity last year, with renewable energy accounting for an imp...

Given India’s medium-term coal-dependence, clean coal needs a finance and technology push In the last five years, there has been a slow but growing international consensus around the withdrawal of financial capital from the coal industry. Large sovereign wealth funds and pension funds, as well as multinational aid agencies like the World Bank have undertaken this exercise by announcing th...

Union power minister RK Singh has said the per capita current power consumption of 1,200 units is expected to grow 2-3 times at par with the international consumption after every Indian gets access to electricity. Singh said the power sector is witnessing an increased demand which is further expected to go up in the near future. The minister was addressing the Indian Power Stations 2019, an international operation...