Arup Roy Choudhury has taken over as chairman and managing director NTPC in New Delhi. A civil engineer from BITS with a post graduation in management from IIT, Roy Choudhury started his career in 1979 and ...
Raising Finnances for solar power projects under the Centre’s ambitious Jawharlal Nehru National Solar Mission (JNNSM) is going to be difficult as banks are not happy with present structure of the power-purchase agreement (PPA).
The existing PPA ...
Independent power producers (IPPs) have strongly opposed the government’s proposal to levy of a 14 per cent import duty on power generating equipment, particularly from China.
The cabinet note to this effect has been circulated by the ministry of heavy industries. The ...
The world’s largest coal producer Coal India Ltd (CIL) is considering setting up power plants for effective use of the stockpiles of coal at its mine.
“We may set up power plants if stockpiles keep on rising. ...
Gujrat government owned oil and gas firm, GSPC, announced it will import additional cargo of LNG in wake of shortfall arising due to ‘ongoing’ force majeure in Panna-Mukta fields since July last.
GSPC today imported its fourth ...
The downstream regulator Petroleum and Natural Gas Regulatory Board (PNGRB) will soon invite bids for two natural gas pipelines which include 1700 kilometre pipeline between Surat in Gujarat and Paradip in Orissa.
Apart from this PNGRB will ...
Country’s largest power generation utility NTPC is looking to buy stakes in two Indonesian coal mines and also plans to invite global bids for more overseas assets, its chairman said on Monday.
NTPC aims to lock-in fuel ...
NTPC wants to offer up to 49 per cent equity stake to Qatar Petroleum in its gas-based project at Kayamkulam in Kerala, to secure fuel supply for its power plant.
“We have offered Qatar Petroleum less than ...
The attempts of mining giant Vedanta to pick up majority stake in Cairn India Ltd. has met fresh obstacle as public sector oil and gas behemoth ONGC announced, Cairn Energy Plc requires its consent besides government ...
The Lok Sabha on Wednesday approved the Civil Nuclear Liability Bill to open up the country’s US $150 billion nuclear power market. The bill was approved after the government agreed to tougher provisions that an industry ...