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	<title>The Energy Business - India Energy News, Nuclear Energy News, Renewable Energy News, Oil &#38; Gas Sector News, Power Sector News</title>
	<link>http://energybusiness.in</link>
	<description>Connect &#62; Decode &#62; Energise</description>
	<lastBuildDate>Wed, 01 Sep 2010 07:08:16 +0000</lastBuildDate>
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		<title>Arup Roy Choudhury takes over at NTPC</title>
		<description><![CDATA[
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 worked in prominent public and private sector companies such as RITES, IRCON and DLF. He brings with him varied experience from both private and public sectors and has been rated as an outstanding performer with many firsts to his credit. He is a strong believer in &#8220;Project Implementation by Proactive Approach&#8221;.
 Roy Choudhury was earlier ...]]></description>
		<link>http://energybusiness.in/arup-roy-choudhury-takes-ntpc/</link>
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		<title>DRAFT MAHARASHTRA ELECTRICITY REGULATORY COMMISSION (MULTI YEAR T</title>
		<description><![CDATA[The Multi Year Tariff (MYT) regulations are performance based regulations, with due reward being given for operational efficiency and replace the present method of annual tariff determination with a multi-year tariff framework, wherein the tariffs will be allowed to change only due to change in the values of selected parameters in a pre-determined manner.
Background
The Electricity Act, 2003 (EA 2003) requires that while specifying the Terms and Conditions for determination of tariff the State Electricity Regulatory Commissions should be guided by Multi-Year Tariff (MYT) principles. Subsequent to the notification of the ...]]></description>
		<link>http://energybusiness.in/draft-maharashtra-electricity-regulatory-commission-multi-year/</link>
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		<title>Challenges before Mahagenco</title>
		<description><![CDATA[Mahagenco is the largest amongst state utilities in the country with an installed capacity of 6800 Mw thermal, 2469 Mw hydro and 852 Mw gas power. M R Shelar, director operations at Mahagenco, on the various challenges faced by the utility 

]]></description>
		<link>http://energybusiness.in/challenges-before-mahagenco/</link>
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		<title>Solar Mission PPAs are not bankables : Banks</title>
		<description><![CDATA[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 structure of the national solar mission provides for a trader PPA with NTPC Vidyut Vyapar , Nigam, which passes on the risk of default by state distribution companies (discoms) to the developer.
Several banks, including State Bank of India (SBI), Bank of India and Central Bank of India, have argued that many discoms were delaying and ...]]></description>
		<link>http://energybusiness.in/solar-mission-ppas-bankables-banks/</link>
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		<title>IPPs oppose import duty on power equipment</title>
		<description><![CDATA[Independent power producers (IPPs) have strongly opposed the government&#8217;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 new levy will translate to a five per cent basic duty on the total value of the equipment, plus 10 per cent of this basic duty as countervailing duty (CVD) and four per cent of the CVD amount as a special additional duty.
The IPPs which include Reliance Power,  Tata Power, Mumbai, Essar Power  and Adani Power  ...]]></description>
		<link>http://energybusiness.in/ipps-oppose-import-duty-equipment/</link>
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		<title>Coal India to set up thermal power plant to take care of inventories</title>
		<description><![CDATA[The world&#8217;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.
&#8220;We may set up power plants if stockpiles keep on rising. Currently, stockpiles stands at 53 million tonnes,&#8221; said company’s CMD Partha S Bhattacharyya on the sidelines of a conference in the capital..
Coal India, which is going to launch its IPO in the second half of October, is already in pact with state-owned NTPC to set up two 2,000 MW power plants in Jharkhand.
&#8220;The inventory ...]]></description>
		<link>http://energybusiness.in/cil-set-thermal-power-plant-care-inventories/</link>
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		<title>GSPC to import more LNG cargos</title>
		<description><![CDATA[Gujrat government owned oil and gas firm, GSPC,  announced it will import additional cargo of LNG in wake of shortfall arising due to &#8216;ongoing&#8217; force majeure in Panna-Mukta fields since July last.
GSPC today imported its fourth LNG cargo of this year, under the short term supply contract with a Spanish company Gas Natural, which was off-loaded at the Hazira LNG terminal.

&#8220;LNG carrier Castillo de Villalba, loaded from Trinidad and Tobago containing over 53,000 metric tonnes of LNG, was discharged at the Hazira LNG&#8217;s regassification terminal on friday last,&#8221; informed a ...]]></description>
		<link>http://energybusiness.in/gspc-import-lng-cargos/</link>
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		<title>PNGRB to invite bids for East-West gas pipeline</title>
		<description><![CDATA[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 be also inviting bids for 300-km Asansol-Kolkata pipeline, said its chairman, Mr L. Mansingh, said on Monday.
“We would be expecting the expression of interest for regional networks. As they come we go through the public consultation process, consult the State Government concerned and start the bidding process,” Mansingh was speaking on the sidelines of ...]]></description>
		<link>http://energybusiness.in/pngrb-invite-bids-east-west-gas-pipeline/</link>
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		<title>We plan to launch RECs by September end: Pramod Deo</title>
		<description><![CDATA[CERC chairman Dr Pramod Deo explains how the renewable energy certificates (REC) will function and also addressed the apprehensions expressed by both the industry and state power distribution utilities regarding RECs]]></description>
		<link>http://energybusiness.in/plan-launch-recs-september/</link>
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		<title>NTPC to acquire stake in two Indonesian coal mines</title>
		<description><![CDATA[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 supplies to feed its rising generation capacity, currently at 32.2 Gw and expects it to rise to 75 Gw by 2017.
India may face a coal shortfall of 189 million tonnes a year by 2015, leading to a two-fold increase in imports, global consultancy KPMG said late last month.
The state-run firm hopes to finalise the ...]]></description>
		<link>http://energybusiness.in/ntpc-acquire-stake-indonesian-coal-mines/</link>
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