WEC India members Energy News-16th October 2014

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WEC India Energy Portal  One Stop Energy Resource Center WEC India Scenarios Power Coal Oil & Gas Renewables Nuclear SMART: Strategic Management Actions for Radical Transformations Location: Grange Tower Bridge Hotel, London, United Kingdom Dates: 18-22 November, 2014 This  4 day long program  is designed and conducted by NTPC SCHOOL OF BUSINESS, Power Management Institute, Noida . The   program  will cover topics related to global sustainable energy, green cities, application of advanced financial instruments in funding energy sector projects across the globe, environmental Aspects of Energy and Power Sector, Challenges in Power Project: Execution and Implementation, Corporate Governance. The programme will be highly interactive with conceptual inputs supplemented with presentations, cases , exercises and group discussions.The attempt is to source participants from Energy & Power sector, Banks and Financial Institutions Funding Agencies in Energy and Power Projects, Oil & Gas Exploration and Marketing Companies, Consultants/ Regulators of Energy and Power sector and academicians. 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 Govt seeks personnel, land data for takeover of coal minesApproximately 40,000 mn tonnes of unexplored coal capacity will move to the govt after the SC verdict that cancelled all but four coal block allocations made over two decades Solar power: Spot prices might be slashed With relatively few takers for these units, CERC mulls move to lift sagging market in this segment Cyclone Hudhud batters power infra in Odisha districts State sends rescue teams, equipment to disaster stricken Andhra Falling crude prices may help meet deficit target The price at which India buys crude oil fell below $90 a barrel, increasing prospects of the government meeting its fiscal deficit target for 2014-15 Mahanadi Coalfields Ltd dedicates 2-MW solar power plant to nation The project was formally commissioned by S K Srivastava, secretary the in Ministry of Coal, in the presence of A N Sahay. PM Narendra Modi pitches for closer cooperation with Canada in nuclear energy PM Modi pitched for closer engagement between India & Canada in areas of trade & investment, nuclear energy, healthcare, infrastructure development. Tata Power Delhi Distribution Ltd starts scheme to encourage online bill payments Under its unique 'E-Bill Payment and Win' scheme, the discom has already given away gifts to several consumers at a function held here recently. Karnataka to help AP restore power supply in cyclone-hit areas Siddaramaiah has agreed to send engineers from Karnataka Power Transmission Corporation and other power supply companies to assist in restoration work Skill development centre to come up at Charanka solar park With Gujarat being the leading solar power producer in the country there is also increase in demand for skilled persons to maintain solar panels and related infrastructure at solar power parks Opportunity from India and Bangladesh prompting Nepal to enlarge its power picture Backed by new power trade opportunities in SAARC region, Nepal, with its sky high Hydropower potential, is taking ambitious power plans . Revive 1 lakh MW plants to tackle power problems: Advisory group Prabhu said, "We need $ 7.5 bn of equity and $ 22.5 bn of debt and to make that happen we need to put in some sort of an instrument in place. PMO seeks schedule for developing coal washeries The Prime Minister's Office has asked the Coal Ministry for time-bound schedule for developing coal washeries, including timelines for both tendering and commissioning. Lesser power demand in winter to ease pressure for gencos IEX traded 125 million units of power due to rising demand for power. This is the highest since September 8, 2013 when the exchange traded 117 MUs. India should move solar to fixed tariffs, says Yes Bank Modi’s government wants to attract $100 billion of investment in clean energy over the next five years How falling crude oil prices will benefit India Analysts say that if crude oil averages at $100 per barrel this fiscal, India’s CAD will reduce to 1.3% of GDP from 1.7% in the previous year. Jaitapur project to be scrapped if Shiv Sena comes to power: Uddhav Thackeray There has been a stiff opposition to the project as local residents want it scrapped and shifted from Jaitapur in the district. Govt eases more environmental rules, makes project execution easier In relief to developers, ministry bars appraisal panel from commissioning any additional studies on a project Falling crude prices reduce fuel subsidy Weak demand in Asia and Europe along with excess supplies has pushed oil to a bear market despite tensions in the Middle East and Ukraine. NTPC to invest Rs 5,000 cr in solar power project: Arup Roy Choudhury Interview with Chairman, NTP

For more information Contact - WEC India Secretariat, C/o NTPC Limited, 7th Floor, Core-6, SCOPE Complex, New Delhi-110 003, India Email: info@wecindia.in, Phone: 011-2436 3719, Fax: 011-2436 9530, Website: http://www.wecindia.in