| Power demand traces economic recovery | 21-NOV-09 |
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| In a clear indication of an economic revival, the demand for power in India has jumped 6.3 per cent in the April-October period this financial year, compared with the same period of 2007-08 when it had increased by a mere 0.3 per cent, its lowest growth in the past five years, owing to the global financial meltdown. |
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| Assam asks oil companies to set up power utilities | 13-NOV-09 |
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| With demand for power in Assam increasing steadily, Assam has asked the "cash rich" oil companies operating in the state to invest in power generation to help the state tide over an imminent power crisis. The growth in demand for power has even outstripped the growth in the state economy. At a time when the economy of Assam was growing at 7 to 8 per cent, the demand for power has been growing at 12 per cent. |
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| Siemens bags Rs 608-cr order | 10-NOV-09 |
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| Diversified conglomerate Siemens today said its energy unit has bagged an order worth Rs 608 crore from Qatar's General Electricity & Water Corporation (Kahramaa) for constructing high voltage cables. |
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| Chhattisgarh power spending at Rs 3,040 cr since 2001 | 05-NOV-09 |
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| Chhattisgarh, which received the distinction of being India's first load-shedding-free state two years ago, has spent more than Rs 3,040 crore in electricity generation and transmission since its inception nine years ago, official sources said today. |
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| OERC fixes tariff for agro-based industries | 04-NOV-09 |
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| The Orissa Electricity Regulatory Commission (OERC), in exercise of the power under section 62 (4) of the Electricity Act, 2003, has fixed the tariff for the newly created category of agro-based industries in the state. |
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| More power for power | 29-OCT-09 |
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| The Eleventh Five Year Plan promised “power for all” by 2012, with an additional capacity of 100,000Mw being generated. While more political power has come the way of the ruling party, its promise to deliver electric power to the people remains far from being fulfilled. No one disagrees with the lament that performance on the power generation front has been one of the most important failures of the United Progressive Alliance government. Even Congress spokespersons routinely admit this on television talk shows. To be fair, it is not just the Congress and its ministers who are to blame. Few state governments, and most of them are run by non-Congress parties, have a good track record. Together, governments at the Centre and in the states have an abysmal record of capacity creation and utilisation in the power sector. But failure of leadership at the top is manifest and waiting to be addressed. The numbers tell it all. |
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| Coal, power, cement push infra by 4% | 28-OCT-09 |
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| India's key infrastructure industries rose by four per cent in September on the back of improved performance of coal, electricity and cement sectors. |
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| Indonesian shock for Indian power plants | 21-OCT-09 |
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| India’s ambitious plans to generate an additional 180,000 Mw of power in the next seven years will face hurdles if Indonesia, the second largest supplier of thermal coal, goes ahead with plans to cap coal exports to serve domestic demand. |
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| Net transactions show 10% monthly growth | 20-OCT-09 |
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| Banks are witnessing a sharp rise in online transactions as an increasing number of customers log on to the internet to pay their utility bills. Telephone bills, mainly mobile bills, are primarily driving the transactions, followed by insurance premiums and electricity bills. |
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| Jharkhand industry cautious after killings of coal officials | 14-OCT-09 |
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| On the day of the bandh called by Naxalites, two senior executives of a joint venture coal company floated by the Punjab government and the Punjab State Electricity Board were killed on Monday by suspected Naxalites. The killings have caused tension among prospective investors who had signed MoUs with the Jharkhand government to invest in coal, mine, steel and power sectors in the state. |
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| Bajaj Electricity rises 10% | 09-OCT-09 |
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| The Bajaj Electricals scrip rose 10.3 per cent to Rs 712 on stock-split plans. The Board would meet on October 12 to consider the proposal for sub-division of shares into smaller denomination and qualified institutional placement of equity shares. |
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