Daily Archives: February 13, 2018

India to explore foreign markets for surplus power: R K Singh

India will explore foreign markets like Sri Lanka, Nepal and Bangladesh for its surplus power generation capacity, Power Minister R K Singh said today. His comments assume significance as the average plant load factor or capacity utilisation in India is around 60 per cent. “We can run our plants at 80 per cent PLF (plant

NTPC to supply 300 MW power to Bangladesh at Rs 3.42/unit

State-run power giant NTPC’s arm NVVN has emerged as the lowest bidder for supply of 300 MW power to Bangladesh for 15 years at an estimated tariff of Rs 3.42 per unit. The company is expecting a revenue of Rs 900 crore every year for supplying 300 MW under a tender floated by Bangladesh Power

Surge in global oil supply may overtake demand in 2018 – IEA

The rise in global oil production, led by the United States, is likely to outpace growth in demand this year, the International Energy Agency said on Tuesday. The Paris-based IEA raised its forecast for oil demand growth in 2018 to 1.4 million barrels per day, from a previous projection of 1.3 million bpd, after the