The first 1,000 MW atomic power unit at the Kudankulam Nuclear Power Project (KNPP) restarted generation after completion of refuelling on Tuesday, said an official. “The first 1,000 MW atomic power unit was synchronised with the grid between 6.30 a.m and 7 a.m. today (Tuesday). The power generation is around 300 MW,” the official told […]
Day: August 29, 2017
No new roads until clearance secured for all due projects: Nitin Gadkari
New road projects will be launched only after securing all due clearances so that they are not held up, Union Road Transport and Shipping Minister Nitin Gadkari said here on Tuesday. “Infrastructure projects will not get stuck now as all future road projects will be inaugurated only after getting all due clearances first such as […]
IDBI takes Lanco Infratech to NCLT
On August 9, 2017, the Hyderabad bench of the National Company Law Tribunal (NCLT) approved the insolvency proceedings against Lanco Infratech following an application by IDBI Bank under the Insolvency and Bankruptcy Code (IBC). The tribunal has appointed Savan Godiawala as the interim resolution professional (IRP) and posted the case to August 31. Lanco Infratech […]
Solar & Wind Shockers
On July 28, 2017, the Directorate General of Anti-Dumping and Allied Duties (DGAD) has issued a notification for imposing anti-dumping duty on castings imported from China for use in the construction of wind turbines. The duty suggested varies between 6.27 pc and 35.92 pc for different Chinese companies, six of which are specifically named. A […]
CIL Split
In its Draft National Energy Policy, Niti Aayog had suggested splitting of Coal India Ltd (CIL)’s subsidiaries. It said, “In the medium to long run, it is essential that we move away from this opaque coal economy and introduce greater competition in it. This requires two key steps. First, we must corporatize the seven subsidiaries […]
Nuclear Power
The government is working on rollout of 47,648 MW of nuclear power plants to be completed in phases till 2031. These projects are worth over Rs 8 lakh crore keeping in mind the cost of Rs 106,740 crore for 6,000 MW (ie Rs 17.79 crore / MW) for Kudankulam project, and 10 indigenous 700 MW […]
UDAY
The Modi government’s prescription for ailing state power distribution companies is slowly putting them back in shape and reducing the duration of blackouts. This is the improvement in the health status since the treatment began nearly two years ago.
50 lakh Smart Meters
State-run Energy Efficiency Services Ltd (EESL) has issued a large tender seeking supply of 50 lakh smart meters on behalf of Haryana and Uttar Pradesh. Out of this, 40 lakh will be installed in Uttar Pradesh and 10 lakh in Haryana. The project will be distributed amongst the top three lowest bidders in the ratio […]
Renewable Energy
Foreign Direct Investment (FDI) up to 100 per cent is permissible through automatic route for promotion of renewable energy in the country. FDI equity inflow upto May 2017 received in the non-conventional energy sector, which includes foreign investment in solar power, is given in.
Rs 45K cr cost overrun
A total of 41 under-construction hydro power projects above 25 MW with a combined capacity of 11,792 MW are running behind schedule. The total cost overrun for these projects is estimated to be Rs 45,241 cr. This has nearly doubled the total cost of these projects to over Rs 1.03 lakh cr. Law and order, […]
Rural Electrification
In December 2014 the centre had launched Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY) to address the challenges of rural electrification. Apart from implementation of village electrification, the scheme includes feeder separation, augmentation and strengthening of sub-transmission and distribution system.
Sagarmala Status
An estimated 415 projects at an investment of about Rs 8 lakh crores have been identified in the areas of port modernization, new port development, port connectivity enhancement, port-linked industrialization and coastal community development for implementation in phases over a period 2015-2035.