State-owned REC will have to obtain consent of at least 50 per cent of the foreign lenders before the company could be acquired by PFC as part of the disinvestment plans approved by the Cabinet. REC’s cumulative foreign debt stands at around USD 1.85 billion which will mature in phases till 2028 and the state-owned […]
Category: Power
Power
OMC pays Rs 500-crore dividend to State Govt
The Odisha Mining Corporation (OMC) and the Odisha Hydro Power Corporation Limited (OHPC) on Friday paid dividends for 2018-19 to the State Government towards its equity holding in these public sector undertaking. Steel and Mines Minister Prafulla Mallick met Chief Minister Naveen Patnaik and handed over a cheque for Rs 500 crore to him at […]
250 MW coal-based thermal power plant
Bharat Heavy Electricals Limited (BHEL) has achieved yet another milestone by successfully commissioning a 250 MW coal-based thermal power plant (TPP) in Bihar. The unit has been commissioned at the green field 4×250 MW Nabinagar Thermal Power Project, being set up by Bharatiya Rail Bijlee Company Limited (BRBCL), a joint venture of NTPC Limited and […]
Over 100 power consumers turn into power suppliers
Domestic solar farming has brought a new lease of life to the consumers of the State. About 100 domestic and institutional connection holders in the State have become power suppliers following the policy brought forward by the Government and Jharkhand Renewable Energy Development Agency (JREDA). The breakthrough has come since the policy officially notified by […]
BHEL commissions 250 MW thermal power plant in Bihar
Bharat Heavy Electricals Limited (BHEL) has successfully commissioned a 250 MW coal-based thermal power plant (TPP) in Bihar. The unit has been commissioned at the greenfield 4×250 MW Nabinagar Thermal Power Project, being set up by Bharatiya Rail Bijlee Company Limited (BRBCL), a joint venture of NTPC Limited and the Indian Railways. This is the […]
Seminar on Energy Efficient Motor Standards, Emerging Challenges concludes
International Copper Association India (ICA India) on Thursday hosted national seminar on “Energy Efficient Motor Standards & Emerging Challenges” in New Delhi. The guests of honor for the event were Ravinder Secretary DIPP and Rk Bajaj, DDG — BIS who delivered keynote address. Sharing his views Ravinder cited that the import of sub-standard motors should […]
Waste to energy policy ready for waste management: Min
The state housing and urban development Minister Madan Kaushik said that the State Government has prepared and implemented a ‘Waste to Energy Policy’ for the solid waste disposal in the urban areas of the State. In response to a question in the State Assembly on Wednesday, the Minister said that efforts are being made to […]
MoU inked for establishment of solar plants in medical colleges
A contract was signed today in the presence of Medical Education Minister Vijaylaxmi Sadho and New and Renewable Energy Minister Harsh Yadav for the establishment of solar plants in 8 Medical Colleges including Chhindwara, Indore, Bhopal, Vidisha, Shivpuri, Ratlam, Shahdol and Jabalpur in the state. The Department of New and Renewable Energy has initiated the […]
CM opens Rs 2,196-cr industrial projects
Chief Minister Naveen Patnaik on Tuesday inaugurated four industrial projects and performed groundbreaking of 14 new projects, which would collectively invest Rs 2,196.30 crore and create employment opportunities for 3,465 people. “I am pleased to note that we have received over 100 project proposals since the Make in Odisha Conclave 2018. My Government is committed […]
CESU stresses on grievance redressal
Central Electricity Supply Utility (CESU) CEO Md Sadique Alam on Tuesday directed all the electrical divisions to give emphasis on redressal of customers’ grievances during his visit to all the 20 electrical divisions in nine districts. He also reviewed the performance of billing, metering, customer grievances and maintenance of lines, sub-stations and electrical installations of […]
India’s solar capacity at 28 GW at December-end, says Bridge To India report
The country’s total solar power generation capacity, including 3.85 gigawatt (GW) rooftops, stood at 28.05 GW while 17.65 GW was under implementation as on December 31, 2018, according to a report by Bridge To India (BTI). The quarterly market report, titled ‘India Solar Compass Q4 2018’, gives a detailed analysis of capacity addition, tender issuance, […]
Reliance Group shares in demand; zoom up to 11.3%
Stocks of Reliance Group companies Monday zoomed up to 11.3 per cent after the Anil Ambani-led Group reached a ‘standstill agreement’ with more than 90 per cent of its lenders under which they will not sell any of the shares pledged by promoters till September. Shares of Reliance Power zoomed 11.27 per cent and Reliance […]