As on March 31, 2015, India had 267,637 MW power plant capacity and by now this figure would have gone up by few notches. But, if one looks at the latest data of actual power supply position for the first week of June 2015, the unmet demand varies between 2,959 MW to 5,000 MW over […]
On May 12 & 13, the government conducted e-auction for allocation of pooled R-LNG for the gas based power plants (stranded or operating at under 35 per cent PLF) and provided financial support through e-auction from Power System Development Fund (PSDF). The auction was held under two categories – ‘Plants receiving domestic gas (DGP)’ and […]
The Organization of the Petroleum Exporting Countries (Opec) a permanent, inter-governmental organization was created at the Baghdad Conference on September 10-14, 1960, by five nations – Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Now, this cartel has 12 nations (6 from Middle East, 4 from Africa & 2 from Latin America). Opec exported oil of […]
Jammu and Kashmir government incurred expenditure of Rs 14,915 crore on the sale of power during 2009-10 to 2013-14, and recovered only Rs 5,663 crore during this five-year period, resulting in a deficit of massive Rs 9,262 crore, according to CAG.
On June 4, 2015, the coal ministry announced the auction of ten coal mines in the third tranche for iron & steel, cement and captive power plant sectors. The ministry has issued instructions to the nominated authority to conduct the auctions. The e-auctions for these mines will be held from August 11-17, 2015.
On June 6, 2015 Reliance Power and Bangladesh Power Development Board (BPDB) signed an MoU to develop 3,000 MW of Liquefied Natural Gas (LNG) based combined cycle power project in Bangladesh in phases, along with a Floating Storage and Re-gasification Unit (FSRU) based LNG terminal to supply re-gasified LNG to the power project. The MoU […]
Exactly a year ago, with unparalleled magnificence Narendra Modi strode into Delhi to become our country’s 15th Prime Minister. India reeling with scams and revenue loss, stagnation and bloated public expenditure voted for Mr Modi overwhelmingly because it wanted governance and growth. Nowhere, is this expectation more fulfilled than by the ministries of coal, power, […]
The Centre for Public Interest Litigation (CPIL) has filed a fresh affidavit before the Supreme Court seeking a court-monitored investigation by a SIT or the CBI into the high level of political-bureaucratic-corporate nexus wherein corporates use their money power to change public policies, plant questions in Parliament, get access to internal government documents / cabinet […]
Airports Economic Regulatory Authority of India (AERA) is in the process of finalizing its orders after initiating a consultation paper in January 2015 on determining various types of tariffs, which shall be applicable till 2019 for Delhi airports. A consumer association and an association of Airlines have demanded lower tariffs. Also, GMR controlled Delhi International […]
The government had invited bids for providing subsidy on the supply of gas to gas-based power plants. For the bidding purpose, these plants were divided into two categories – one that did not receive domestic gas (called Stranded Gas Plants or SBP) and the other one was that receive domestic gas (called Domestic Gas Plants […]
N-Power has been put in top gear. The Nuclear Power play is the major theme, content and roadmap of the Prime Minister Narendra Modi’s foreign policy and meetings with Heads of Government. And therefore one after the other we have seen major civil nuclear cooperation agreements being signed, with Australia, Canada, France & Russia. These […]
On May 23, 2014, the Ontario (Canada) Superior Court of Justice sentenced Nazir Karigar of Cryptometrics for allegedly offering bribe to Praful Patel, the then aviation minister, V Thulasidas, the then CMD of Air India, and other Indian public servants, to three years in prison. Before that on August 15, 2013, the same court had […]
