Daily Archives: October 6, 2017

Inox Wind gets 250 MW project in Gujarat

Wind turbine maker Inox Wind today said it has bagged a 250 MW project in the SECI-II auction. “The company has won 250 MW in the SECI-II auction representing a 25 per cent market share. The bid was won at a fixed price of Rs 2.65/unit for 25 years,” Inox Wind said in a BSE

Despite duty cut, Centre’s oil revenue set to rise 13%

Despite the cut in excise duty on petrol and diesel, the Centre can still hope to rake in Rs 2.73 lakh crore from petroleum, oil and lubricants (POL) this year, the Central Board of Excise and Customs (CBEC) has estimated. The reduction will cost the exchequer around Rs13,000 crore during the second half of the

Skewed coal stocks to hit power availability and prices

Coal supply across the country is in a dire state with the average stock of six days at power plants. This includes close to 70 power plants with less than three days of coal. In 2016, the average coal stock was close to 28 days during peak demand months. Coal deficit, coupled with low hydro