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 ...
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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 »Shri R.K. Singh inaugurates ‘International R&D Conclave’
Union Minister of State (IC) for Power and New & Renewable Energy, Shri R.K. Singh inaugurated the‘International R&D Conclave’- two-day conference on Emerging Opportunities and Challenges of R&D in Indian Power Sector, organised by Central Electricity Authority (CEA), here today. In his address inaugural, Shri Singh stressed upon the need of a dedicated R&D department in CEA to coordinate the ...
Read More »Revival of Thermal Power Plants By Coal Linkage Policy
The Government approved a new policy for allocation of future coal linkages in a transparent manner for power sector consumers. This policy is christened as ‘Scheme for Harnessing and Allocating Koyala (Coal) Transparently in India’ (SHAKTI). The policy is an important initiative in alleviating one key challenge in power sector, viz. lack of coal linkage and is expected to positively ...
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