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Interim Budget 2019: Many infra beginnings for BJP, finish line still far

In his maiden budget, then Finance Minister Arun Jaitley committed 8,500 km of highways during 2014-15 with a cumulative investment of Rs 37,880 crore in both national highways and state roads

Six extensions later, govt cancels sole bid for solar unit, power plant

Centre fails to garner sufficient interest in project nine months after tender, as players shy away citing lack of funding support; govt may start process all over again

Renewable sector jittery on new external commercial borrowings norms

As the lending rates in India are high for solar and wind power, project developers initially borrow fund from domestic banks/NBFCs at a high cost

Promoters enter fray for Coastal Energen power, offer up to Rs 3,500 cr

SBI-led lenders had taken over the firm after it failed to repay Rs 6,000 cr; while Adani emerged as final bidder for the project, the I-T-tainted ETA Star Group now offers to buy its project back

RPower to pay Rs 300 crore for Krishnapatnam UMPP to Andhra Pradesh

Delhi HC refuses RPower plea to stop bank guarantee invocation

Govt to extend key manufacturing plan to promote battery industry

In the phased manufacturing plan for lithium-ion (Li-ion) batteries, it is proposed by the committee to promote indigenous battery production

RBSA Advisors valuation advisor for govt's stake sale in rural power firm

PFC may not be required to make an open offer to minority shareholders of REC after buying out the govt stake in the company as it is a related party transaction, said RBSA

States restart imports of coal after domestic supply fails to meet demand

Elections, rising power demand derail 'zero coal import' plan

Centre to roll out Rs 16,000-cr power-transmission projects in 2019

Half of these will be for competitive bidding, to connect renewable projects

NTPC is running more than a dozen initiatives to get rid of fly ash

Of the 167 thermal units monitored by the Central Electricity Authority, 60 have met the 100 per cent ash utilisation target, including seven units of NTPC

Wait for latest tenders to auction coal blocks likely to get longer

The Centre in October 2018, announced two new rounds of coal auction, after two failed attempts in 2016-17

Small steps in energy transition

For someone who doesn't know anything about the mess in Jharia, this comprehensive account offers much interesting information

Bihar, West Bengal, Telangana, TN to buy power from stressed projects

PFC Consulting Limited was appointed as nodal agency and PTC India Limited as the aggregator for the same.

Stressed power assets: Gujarat seeks relief for Tata, Essar, and Adani

Moves Supreme Court for direction to CERC to allow power tariff increase

Govt raps CIL execs over production as coal availability remains a worry

The normative coal stock at power units - which used to be for 20-25 days - is down by half to 10-12 days

Amid crisis, IL&FS takes over Collage Group's property to recover Rs 1 bn

Nomura India's latest report says the IL&FS group has a consolidated debt of Rs 910 bn

Proposed amendments in Electricity Act to power up demand, ease supply

Along the same lines of widening its boundaries, the Act provides Metro Rail networks to be eligible for distribution licence

CERC allows GST as 'Change in Law' for solar projects, recovery of tax paid

GST paid by project developers can be recovered as a separate element on a 'one-time basis in a time-bound manner'

IL&FS to RKM Power, six stressed power projects move courts to buy time

Sources said SBI AND PNB had separately written to the RBI seeking more time for getting consensus of other lenders on a resolution plan for the stressed power assets

Stressed power assets: RBI denies waiver for REC's Pariwartan framework

REC seeks banks' support for framework to be also used for assets landing in NCLT