Posts Tagged ‘Power sector India’

NLC to invest 29,239 crore in coal and power sector during 12th plan

Comments Off | 11-14-2013

Neyveli Lignite Corporation Limited(NLC) will invest Rs. 29,239 crore in coal and power sectors during 12th plan. Out of this it will invest Rs. 26,728.40 crore for development of power projects and Rs. 2,510.70 crore for coal projects. During the period NLC has planned expansion of a number of its ongoing projects also which include

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NEEPCO Emerging as the Major Power Producer in the North East

Comments Off | 08-23-2013

State-run North Eastern Electric Power Corporation (NEEPCO) provided 56.6% of the total energy in the year 2012-13 to the entire North eastern Shri Jyotiraditya M. Scindia while chairing the Consultative Committee of Members of parliament for the Ministry of Power in New Delhi. The minister added that NEEPCO is in the process of adding 922

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Gas Prices and Power Sector

Comments Off | 08-23-2013

The Ministry of Power has submitted its views on the recently approved price formula for domestic gas, saying that a base price beyond 5$/MMBTU will be unviable for the power sector in the present context. It had further urged that even though the decision of hike in the price of natural gas might be necessary,

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CERC committed to promoting efficiency in power sector

Comments Off | 07-27-2013

Commemorating fifteen years of its existence, Central Electricity Regulatory Commission (CERC), a key regulator of power sector in India has resolved to continue to act with same fortitude and uprightness in carrying forward its mission of promoting competition, efficiency and economy in power sector. Speaking on the occasion, Shri V S Verma, the senior most

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PM clears additional funds for Railways and Power sectors in the North East; Directs Planning Commission to call a meeting of all NE Chief Ministers

Comments Off | 07-19-2013

The Prime Minister chaired a meeting to review the status of infrastructure development in the North Eastern region. The meeting was attended by the Finance Minister, the Civil Aviation Minister, the Railway Minister, the Minister for Road Transport and Highways, the Telecom Minister, the Minister for Power, the Minister for DONER and the Deputy Chairman

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Power Sector Requires Rs.13,72,580 Crores for 12th Plan

Comments Off | 08-28-2012

The Minister of State, Shri K.C. Venugopal, in a written reply informed the Rajya Sabha today that the target for generation of power is fixed on year-to-year basis and not for Five-Year Plan as a whole. Capacity addition target (in MW) is set for a Five Year Plan period. Based on the preparedness of generation

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Liberalization in External Commercial Borrowings (ECB) Policy Relating to Refinancing of Rupee Debt for Power Sector

Comments Off | 04-19-2012

Infrastructure development holds the key to India’s economic growth. Currently, since September 23, 2011, Indian companies in the infrastructure sector are permitted to utilise 25 per cent of the fresh ECB raised by them towards refinancing of the domestic Rupee loan (s) under the approval route.
In view of the increasing capital requirement of the power

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Power Minister Calls for increasing US investment in Indian Power Sector

Comments Off | 04-18-2012

Union Minister of Power Shri Sushilkumar Shinde has called upon the US industry to explore emerging investment opportunities in the Indian power sector and consolidate existing partnerships and projects between the two countries. He was addressing the US India Business Council in Washington.
Giving an outline of the growth of Indian power sector, Shri Shinde said

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Power Sector Experts Discuss Demand Side Management of Electricity

Comments Off | 01-25-2012

Secretary, Power Shri P. Uma Shankar has said that energy conservation and energy efficiency are parts of the Government’s strategy to meet growing need of power. He was inaugurating the National Conference on Demand Side Management (DSM) in New Delhi today. He said the schemes such as Bachat Lamp Yojana (BLY) and Standards and Labelling

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India to Develop 10,000MW Hydro Power in Bhutan

Comments Off | 11-27-2011

Ongoing cooperation between India and Bhutan in the hydropower sector is covered under the 2006 agreement on cooperation in Hydropower between the two countries and the Protocol to the 2006 agreement signed in March, 2009 thereof.  Under the Protocol, Government of India has agreed to develop 10,000 MWs of hydropower in Bhutan for export of

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