Page 3 - Power Projects

Odisha CM Patnaik inaugurates 7 power projects worth Rs 450 crore

Patnaik said that the new system would benefit farmers, students and women in Kalahandi, Rayagada, Nabarangpur, Kendujhar, Sambalpur and Khordha districts

Rs 4,526 crore sanctioned for 540 MW Kwar hydropower project in J&K

The Cabinet Committee on Economic Affairs on Wednesday approved the investment of Rs 4,526.12 crore for the 540 MW Kwar Hydro-electric project located on Chenab River in Jammu & Kashmir's Kishtwar district.

Top headlines: Axis acquires Citi India's retail assets; Centre hikes DA

Business Standard brings you the top headlines on Thursday

NTPC profit rises 6% to Rs 3,691 crore in September quarter

The average tariff of the company stood at Rs 3.82 per unit during April to September this fiscal. It was at Rs 3.86 per unit in same period a year ago.

Coal crisis: Power projects with less than 4-day coal stock dips to 58

The coal stock situation at thermal power projects has improved further as the number of non-pit head projects having less than four days of coal reduced to 58 on Monday from 69 a week ago

Parliamentary panel asks MNRE to set up pilot tidal power project

A Parliamentary panel has asked the Ministry of New and Renewable Energy to set up a pilot tidal power project in the country, preferably at a cost effective location like Gulf of Kutch

Electrifying game: Private power producers turn up investment cycle

Tata Power, for instance, has reduced its consolidated net debt by Rs 11,400 crore in the last three years to Rs 36,559 crore as on March 31, 2021

J&K LG Sinha e-inaugurates 17 power projects worth over Rs 118 crore

In a major push to strengthen power infrastructure in Jammu and Kashmir, Lieutenant Governor Manoj Sinha on Saturday e-inaugurated 17 power projects worth Rs 118.91 crore. The e-inauguration took place at Delina in north Kashmir's Baramulla district. Speaking on the occasion, the Lt Governor said the inauguration of new projects is another step towards developing better power distribution and efficient power transmission system in the region. To realise the vision of making Jammu and Kashmir power surplus, Rs 54,000 crore worth power projects have been approved which would generate 3500 megawatt in three to four years, the Lt Governor said. Sinha said determined efforts are being made to reach out to all the unconnected habitations, besides providing 24x7 quality electricity to the people of Jammu and Kashmir. He said the administration is taking many short, medium and long term measures to provide the people with quality power supply round the clock in the coming two years. The

ReNew commissions 300-Mw wind power project in Kutch district of Gujarat

ReNew's total wind energy capacity in Gujarat increased to 950 Mw

Goldman-backed ReNew Power to list on NASDAQ at $8 billion valuation

To partner with RMG Acquisition Corporation for private investment in public equity

India, Japan review implementation of projects in Northeastern region

India and Japan on Thursday reviewed progress of various ongoing projects in the Northeastern region in areas of connectivity, hydropower, sustainable development and harnessing of water resources

Adani Green Q4 PBT at Rs 69 cr, firm says Covid-19 impact not significant

Lower expenses drive profit number; firm had incurred a loss in the same period a year ago

Proposed electricity contract enforcement authority mired in confusion

Former regulators question its need, legal experts cite loopholes

Post coronavirus lockdown, industrial demand for power plummets by 30%

An overall generation down by 3.6 per cent YoY in March 2020, creating financial problem for producers

JSW Energy to purchase GMR's Kamalanga power project for Rs 5,321 cr

Post-acquisition, the total installed power generation capacity of JSW Energy will increase to 5,609 MW

Andhra govt awaits central funds to clear dues of power projects

The state government, in an ongoing case on payment dues, said that after the arrangement of financial assistance, the state will resolve the payment of pending bills

Ministry sets up high-level group to study power purchase-sale mechanism

Union Ministry of Power has formed a high-level group to study the present system of power purchase and sale under the Power Purchase Agreement (PPA) including power trading, the Lok Sabha was informed on Thursday.In a written reply, Union Minister of State (IC) Power, New & Renewable Energy, and Skill Development and Entrepreneurship R K Singh said: "The group will also explore the system of power markets globally and make recommendations for changing the structure and system of power purchase and sale in the country including reforms needed to encourage investments, efficiency, and competitiveness in power markets.""As per the provision of Electricity Act, 2003, the Ministry of Power has already issued Competitive Bidding Guidelines for long term, medium-term and short term power procurement by Distribution Licensees. As mandated in Tariff Policy, all future power procurement by Distribution Licensees in states to be done through tariff-based competitive bidding only," he ...

Linear infra companies eye road deals as railway, power projects dry up

Currently, linear infra companies participate in highway construction and their share in the overall road construction mix is 25 per cent

Rationalise tariffs, don't blame renewable: Power minister to Andhra govt

This is the second letter in two months by the Union ministry to the Andhra Pradesh government after the state decided to review all the renewable power projects, citing high costs

Electricity meter makers stare at Rs 6,000-crore dues from states

The meter industry is also concerned about another scheme of the government, which would entail replacing all existing meters with smart meters