In his 2018 Independence Day speech, the Prime Minister Narendra Modi announced the launch the Ayushman Bharat-National Health Protection Mission (AB-NHPM). Later, on Sep 23, 2018, the PM formally launched the scheme from Ranchi, the capital of Jharkhand with its new name Ayushman Bharat – Pradhan Mantri Jan Arogya Yojana (PM-JAY). The scheme became operational […]
Gautam Adani-led Adani Enterprises Ltd (AEL) has emerged as the highest bidder for all the six airports – Ahmedabad, Jaipur, Mangaluru, Thiruvananthapuram, Lucknow, and Guwahati. Barring Mangaluru, the margins between H1 and H2 bidders were very small. In the case of Mangaluru, AEL had quoted a fee of Rs 115 per domestic passenger whereas its […]
On Mar 1, 2019, railway and coal minister Piyush Goyal said that the country’s coal imports would have been 1.5 times higher than current volumes if Coal India had not increased its production rate. As per earlier trend, coal imports would have reached 380 MT in FY18, but it is maintained at about 200 MT […]
While, the renewable energy firms are continuing with aggressive bids for solar and wind projects, India may impose anti-dumping duty on a certain type of sheet used in making solar PV module imported from China, Malaysia, Saudi Arabia and Thailand for five years in order to safeguard domestic players from cheap imports from these countries.
To meet the additional expenditure required to adhere to the environmental norms for thermal power plants, the states have sought access to the centre-operated Power System Development Fund and the National Clean Energy Fund. Many states have demanded that the capital expenditure on this account should be passed on as grants and not considered as […]
Grant Thornton International Ltd in association with Assocham has prepared a report titled as “Stressed assets in the Indian thermal power sector: Challenges and way forward”. The relevant extract of the report has been reproduced below for our readers.
Holding that Adani Power is eligible for carrying cost, the Supreme court ruled that the generating company is entitled to adjustment in its monthly tariff payment from the date on which the exemption notifications became effective.
Developers who won solar projects just before safeguard duty on solar panels and modules was imposed on Jul 30, 2018 have been greatly relieved by an order passed by Maharashtra’s power regulator, maintaining that such duty amounted to a “change of law” and that developers should be adequately compensated for it.
On Mar 1, 2019, Oil and Natural Gas Corp (ONGC) won five oilfields in the second discovered small field (DSF) auction round. Oil India Ltd (OIL) and Vedanta Ltd walked away with two fields each while lesser known Ganges Geo Resources Pvt Ltd won five fields. Indian Oil Corp and its partner HOEC won one […]
On Feb 19, 2019, the union cabinet approved “Reforms in Exploration and Licensing Policy for enhancing domestic exploration and production of oil and gas.” The main highlights of this policy reforms are: i. Increasing exploration activities in unexplored / unallocated areas a. In basins (Category II & II) where presently no commercial production is there, […]