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The government has said that the state owned power generator, NTPC would exceed the revised capacity addition target of 9,220 Mw in the 11th five-year plan ending March 31, 2012. The power giant has already added 4,480 ...
HDFC Securities a) Coal tax, introduced last year (Rs. 50/ton), to be abolished- Unlikely- Neutral b) Levy of import duty of 15-20 per cent on import of power equipment for UMPPs -Unlikely- Negative for sector (Reliance Power, Adani ...
International Coal Ventures (IVCL), a consortium of five state- run firms, is examining various proposals for acquiring coal assets in Australia, besides participating in auctions for acquisition of stake in underdeveloped coal assets overseas. “ICVL is reviewing ...
State owned Power Finance Corporation (PFC) said it plans to raise up to Rs 5,300 crore through the public issue of infrastructure bonds. “The bonds will be issued in one or more tranches up to Rs 5,300 ...
The domestic demand-supply gap of coal may considerably widen in the medium-to-long term on the increased demand from power sector, according to a report by rating agency ICRA. “The demand-supply gap in the domestic coal industry is ...
Switzerland-based Satarem AG has signed a joint venture with SA India, erstwhile promoters of Crocodile brand in India, to enter the waste management and renewable energy business along with consultancy services for cement manufacturers in the ...
Country’s largest power generator National Thermal Power Corporation (NTPC) Limited will be setting up a 4,000-Mw power project at Pudimadaka in Anakapally mandal of Visakhapatnam district at an approximate cost of Rs 23,000 crore. In November 2010, ...
The finance ministry has refused to budge on the issue of reducing excise duties on branded fuels, leaving the national oil companies to struggle with falling sales of premium brands of petrol and diesel. The petroleum ...
merging solar energy-provider Clover Solar will invest Rs 300 crore over the next two years to set up 25 Mw of solar power plants pan-India, a top company official said. The company will kick-off its plans ...
The government has approved 1,000 Mw of grid-connected solar power projects, new and renewable energy minister Farooq Abdullah said.The government is targeting 1,000 Mw of solar power by 2013 of which 500 Mw would be solar ...