China’s December coal output climbed 2.1 percent from the year before, government data showed, hitting the highest level in over three years as major miners ramped up production amid robust winter demand and after the country started up new mines. Miners produced 320.38 million tonnes of coal in December, according to data released on Monday […]
Day: January 21, 2019
Oil falls as slowing China economy dents markets
Oil prices fell on Monday, in line with weaker stock markets after evidence that economic growth in China, the world’s second largest crude consumer, eased in 2018. Brent crude oil futures were last down 35 cents on the day at $62.35 a barrel by 0946 GMT, while U.S. crude futures were down 23 cents at […]
India prepares to impose anti-dumping duty on tempered solar glass imported from Malaysia
The Directorate General of Trade Remedies (DGTR) has issued its final findings for the anti-dumping duty investigation concerning the import of textured tempered coated and uncoated glass from Malaysia. The DGTR has recommended levy of anti-dumping duty of $114.58/metric ton for a period of five years. According to the directorate, “The domestic industry has suffered […]
Ceiling tariff of ₹3.50/kWh to apply for fossil fuel-based cogeneration projects in Maharashtra
The state of Maharashtra has specified an upper ceiling tariff of ₹3.50 (~$0.049)/kWh for competitive bidding to procure power from fossil fuel-based cogeneration projects in the state. Specifying the tariff in its latest order, the Maharashtra Electricity Regulatory Commission (MERC) stated that the Maharashtra State Electricity Distribution Co. Ltd. (MSEDCL) will be the be the […]
Delhi Commission approves 100 MW of wind power sale agreements
The Delhi Electricity Regulatory Commission (DERC) has approved two power sale agreements (PSAs) between BSES Rajdhani Power Limited (BRPL) and PTC India Ltd for the procurement of 100 MW of wind power. This will help BRPL meet its non-solar renewable purchase obligation (RPO). BRPL had petitioned the Delhi commission seeking adoption of tariff for purchase […]
RBI’s new policy on ECBs could leave renewable energy projects stranded
The National Solar Energy Federation of India (NSEFI) has written a letter to the Prime Minister’s Office (PMO) regarding the new External Commercial Borrowings (ECB) policy framework implemented by the Reserve Bank of India (RBI), which is against the best interests of the domestic renewable industry according to the Federation. The federation has argued that […]
India best positioned to become a counter-balance to China: SpiceJet CEO
Amid global economic woes and trade tensions, India is one of the “few bright stars” and is best positioned to become a counter-balance to China, industry leader and airline major SpiceJet’s CEO Ajay Singh said Monday. Singh, who is in this Swiss resort town to participate in the World Economic Forum (WEF) Annual Meeting being […]
Germany plans to sanction Iran airline: report
Germany plans to ban Iranian airline Mahan Air from its airports, media reported Monday, in an escalation of sanctions adopted by the European Union against Iran over attacks on opponents in the bloc. “The Federal Aviation Office (LBA) will this week suspend the operating license of Iranian airline Mahan,” reported Munich-based daily Sueddeutsche Zeitung. A […]
Saubhagya
The government has connected about 99.81 per cent of households across the country with electricity supply, and hopes to take power lines to the rest by Jan 26, 2019. The government had initially targeted Mar 31, 2019 as the deadline for taking electricity lines to all households in the country. Later it said that the […]
ONGC
If you look at the above table and were asked to confirm what was the “original” date of notification of award (NOA) and project completion dates, you would always say refer to the dates mentioned in row No.1 of the above table; It adds up to 594 days.
Wind Power
The wind power projects in the country are presently being installed on the basis of commercial viability through tariff based competitive bidding process. The government has set a target of installing 60 GW of wind power capacity by 2022, against which 35 GW capacity has already been installed.
Editorial- February 2019
More than 20,000 households of Rajouri district in Jammu and Kashmir have been electrified under Saubhagya. Most of the beneficiaries of the scheme are from BPL and SC/ST category. The scheme has given electricity to those who never saw lights in their life at their homes. They are happy and excited. The government has connected […]