WEC India members Energy News-18th August 2014

WEC India members Energy News-18th August 2014

19082014

WEC India Energy News

To WEC India Energy News – India GroupWEC India Energy News – NTPC Group

Aug 18 at 9:31 AM

WEC India Energy Portal One Stop Energy Resource Center WEC India Scenarios Power Coal Oil & Gas Renewables Nuclear Global Energy Mix comparison 2030 Global Energy Mix comparison of IEA, EIA, WEC Scenarios for 2030 has been added to Total Primary Energy Consumption (TPEC )  Section of Global Scenarios. Energy News Menu Aggregated Energy News Power Sector News Coal Sector News Oil & Gas Sector News Renewable Energy News Nuclear Sector News Environment News International Energy News Energy News Archive Australia approves $2 billion rail line for Adani coal project Queensland’s coordinator general has approved the 300km North Galilee Basin Rail that would link Carmichael coal mine with Abbot point coal terminal Jaya seeks Modi’s help for long-term access to TN’s power suppliers Tamil Nadu Chief Minister today asked the Prime Minister to direct the Ministry of Power and the Power Grid Corporation of India (PGCIL) to consider the Long Term Access application of power suppliers to Tamil Nadu, without taking into account the … Rs 108 crore unpaid power charges due from Assam govt depts Various Assam government departments have not paid electricity bills running into Rs 108 crore even as the average tariff for common people is proposed to be hiked by 17% to Rs 7.45 per unit in 2014-15. Lanco Infra, Adani Power gain after Udupi power plant deal Lanco Infratech locked in upper circuit of 5% at Rs 8.95 and Adani Power gained 3% to Rs 53.60 on NSE. Top officials of power, oil ministries to meet PMO on gas price pooling The meeting is likely to decide the contours of the mechanism that will be placed before Union Cabinet for approval, a senior government official said. Adani Power buys Lanco Infratech’s Udupi thermal power plant Lanco Infratech, which has a market capitalisation of Rs 2,054 cr, said it will receive Rs 2k crore in cash and transfer debt of about Rs 4,000 crore to Adani. Adani buys Lanco’s Udupi power plant for Rs 6,000 cr Largest deal in thermal power space; Lanco to use proceeds to lower debt Scanty rainfall sends spot power prices soaring In July, spot price of power across the country was Rs 3.76 a unit, 64% more compared to a year earlier Power firms jostling for bigger market shares Analysts believe that the new govt and its policy initiatives have made established power companies optimistic Tata Power plans to sell non-core investments As of March 31, the company’s consolidated net debt stood at Rs 38,618 crore, compared to Rs 35,892 crore in FY13 Tata Power plans to sell non-core investments to reduce debt With over Rs 38,000 cr net debt, power utility Tata Power is mulling diluting its non-core investments to reduce the debt burden. Adani buys Lanco’s Udupi power plant Deal for coal-fired plant valued at Rs6,000 crore will help Lanco manage cash flow issue and pare debt burden Tata Power to double electricity generation capacity 18,000 MW by 2022 The company generates power from different fuel sources — thermal (coal, gas and oil), hydroelectric power, renewable energy (wind and solar Photo-Voltaic). Tata Power Solar commisions plant in Andhra Pradesh Tata Power Solar today said it has successfully commissioned a 3 MW solar power plant for Andhra Sugars Limited. Govt preparing arguments against US’ WTO solar case US has dragged India to WTO on the issue of domestic content requirement condition on procurement of solar cells and modules Power, oil secretaries to meet PMO on gas price pooling The meeting is likely to decide the contours of the mechanism that will be placed before the Union Cabinet for approval, a senior government official said. New natural gas pricing formula by September 30: Government The government on Wednesday said it will come out with a new natural gas pricing formula by September 30 keeping in mind the interest of investors and public. New natural gas pricing formula by Sept 30: govt Government today said it will come out with a new natural gas pricing formula by September 30 keeping in mind the interest of investors and public. Replying to questions in Rajya Sabha, Oil Minister Dharmendra Pradhan said the NDA government … UGC schemes for empowerment of SCs, STs, minorities The University Grants Commission (UGC) is implementing a number of schemes for educational empowerment of SCs, STs and minorities that include setting up of equal opportunity cells and scholarships. Government has expanded massively, but so must its power to deliver the goods The history of independent India is replete with government programmes, ranging from state-owned enterprises to multiple poverty programmes.

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