Home » News » Power

Power

3,217 Million US$ received as FDI in Renewable Energy Sector  Renewable Energy Capacity reaches about 74GW as on 30/11/2018 

The FDI data cell of the Department of Industrial Policy and Promotion (DIPP) compiles and maintains the data of Foreign Direct Investment (FDI) Equity inflow received in the country. The FDI equity inflow from April, 2015 to June, 2018 in the Non-Conventional Energy Sector is as under: – Sl No Year FDI in US$ million 1 2015-16 Apr-Mar 776.51 2 ...

Read More »

Bids for setting up of Wind Power Projects of over 8000 MW Capacity Finalised 

The wind power projects in the country are installed on the basis of commercial viability through tariff based competitive bidding process. As on date, the bids for setting up of wind power projects of aggregate 8389.90 MW capacity have been finalised through Solar Energy Corporation of India Ltd. (SECI) and National Thermal Power Corporation Ltd. (NTPC), as detailed in Annexure-II. Besides, ...

Read More »

India to generate 100 GW solar energy by 2022: Suresh Prabhu 

Union Minister of Commerce & Industry and Civil Aviation, Suresh Prabhu said that demand for energy will increase due to rapid development taking place in India and fossil fuel is not going to last forever and therefore there is need for renewable energy. He was speaking at afunction of International Solar Alliance (ISA) Innovation and Investment Forum in New Delhi ...

Read More »

Government of India and the World Bank sign $300 Million Agreement to help scale-up India’s Energy Efficiency Program

 The Government of India and the World Bank signed here today a $220 million Loan Agreement and a $80 million Guarantee Agreement for the India Energy Efficiency Scale-Up Program. The Program, to be implemented by the Energy Efficiency Services Limited (EESL), will help scale-up the deployment of energysaving measures in residential and public sectors, strengthen EESL’s institutional capacity, and enhance its access to ...

Read More »

69,784 MW of renewable energy capacity has been installed in the country

In the year 2016-17, aggregate capacity of around 11,322 MW of renewable energy was installed in the country, and in year 2017-18, aggregate capacity of around 11,887 MW was installed. Thus, renewable energy installations in the country are progressively increasing and do not appear to be facing any major challenges at present. There is no reliable formal institution which carries ...

Read More »

We are one team and should work together to provide electricity connection to every poor household in India: Shri RK Singh

“We are one team and should work together to provide electricity connection to every poor household in India. Access to energy is a prerequisite for a poverty free India. Energy is the engine of growth and no country can ever develop with millions of its citizen living without electricity” said Shri RK Singh, Union Minister (IC) for Power and New ...

Read More »

NTPC Ltd.- profit after tax up by 10.21% 

The Country’s largest power generator – NTPC Ltd. who along with its group companies, has installed capacity of 53651 MW, declared the audited annual financial results for the year 2017-18 along with the unaudited financial results for fourth quarter of the year 2017-18. For FY 2017-18, NTPC Ltd. generated 265.80 Billion Units against 250.31 Billion Units generated in the previous year, registering ...

Read More »

Flexible Mode of Transportation of Coal 

Coal is supplied to the Power Sector under Fuel Supply Agreement (FSA) as per the mode convenient to the Power Plant. For non-power consumers, a dispensation for change of mode from Rail to Road has been extended by CIL. In the second tranche of Linkage Auction for Non-regulated sector, 14.8 Million Tonnes of coal linkage was booked. Out of this ...

Read More »

Steps to reduce cost of production and import of coal 

  Some of the measures taken to bring down the cost of production by Coal India Limited (CIL) include the following: e-reverse auction for finalization of contracts for explosives implemented. Action taken for improving competition in tenders and cost reduction: In case of procurement, introduction of Reverse Auction (RA) for tenders valued more than 1 crore with Start Bid price as ...

Read More »

Supply of coal to power and non-power sectors 

          In order to meet the requirement of thermal power plants (TPPs), Coal India Limited (CIL) and Singareni Collieries Company Limited (SCCL) have offered coal through road mode from available pithead stocks to TPPs which are located within 50 kms to 60 kms from the nearest mine. As a result of these efforts, coal supply to power plants has been 457.36 ...

Read More »