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Preview: Power-Energy-News By Industry-News-The Economic Times

Power-Energy-Industry-The Economic Times

The Economic Times: Latest business, finance, markets, stocks, company news from India.

Last Build Date: Wed, 07 Dec 2016 14:20:08 GMT

Copyright: Copyright:(C)2016 Bennett Coleman & Co. Ltd,

Hindustan Zinc enters solar energy biz, to invest Rs 630 crore

Wed, 07 Dec 2016 10:36:15 GMT

(image) The company led by billionaire Anil Agarwal already produces 474 MW of thermal power and 274 MW of wind energy.

Government mulls long-term gas contracts to run power plants: Piyush Goyal

Tue, 06 Dec 2016 16:24:49 GMT

(image) Earlier last year, the government had launched gas subsidy scheme under the Power System Development Fund (PSDF) to run stranded gas-based power plants is the country.

Spot power rate dips over 5% to Rs 2.32/unit in November

Tue, 06 Dec 2016 16:19:48 GMT

(image) As many as 1,191 participants traded in the spot market on an average daily basis. The highest participation was on November 9, 2016.

Wind power projects may miss deadline for incentive

Mon, 05 Dec 2016 20:15:32 GMT

(image) Sunil Jain, president of WIPPA and chief executive officer of Hero Futures Energy, said that projects of up to 1,400 MW capacity have been affected in Andhra Pradesh.

Tata Power SED wins Rs 200 crore order from defence

Mon, 05 Dec 2016 13:56:12 GMT

(image) Pinaka Weapon System is one of the first 'Create in India' product designed and developed by Indian private industry in association with DRDO.

Consumers to get 20W LED tube lights at Rs 230: Piyush Goyal

Mon, 05 Dec 2016 11:50:41 GMT

(image) "EESL plans to distribute LED tube lights of 20 watts to consumers at an upfront cost of Rs 230 per unit," Power Minister Piyush Goyal said in a written reply to the Rajya Sabha.

Demonetisation positive for power sector: Mercom

Mon, 05 Dec 2016 10:03:15 GMT

(image) The government has mandated that the old notes of Rs 500 and Rs 1,000 denominations can be used to pay pending utility bills which will help discoms.

Note recall may make solar energy cheaper

Sun, 04 Dec 2016 20:26:57 GMT

(image) Experts say as the rate of interest falls, a large number of project developers are likely to quote tariffs below Rs 4.5 per unit, reducing the gap between thermal and solar prices.

India keen to invest in energy sector in Qatar: PM Narendra Modi

Sat, 03 Dec 2016 09:33:26 GMT

(image) ​PM Narendra Modi expressed India's keenness to invest in hydrocarbon projects in Qatar during talks with his counterpart Sheikh Abdullah bin Nasser bin Khalifa Al Thani on key issues of energy, trade and security.​

Nuclear power most sustainable energy source: IAEA official

Thu, 01 Dec 2016 07:18:01 GMT

(image) Precluding disasters, nuclear power plants are the most sustainable energy sources in terms of environmental impact, a top International Atomic Energy Agency (IAEA) official has said.

Essar Power commissions Hazira unit, completes 270mw project

Wed, 30 Nov 2016 16:09:26 GMT

(image) The company said commissioning was done in a record 53 days - from IBR hydrotest to final synchronisation - making it among the swiftest in the industry.

Wipro to sell EcoEnergy unit for $70 million

Wed, 30 Nov 2016 15:47:53 GMT

(image) Wipro EcoEnergy had revenue of about Rs 67.6 crore in FY16 and has a net worth of Rs 15.6 crore, Wipro said in a filing with the BSE.

Jharkhand close to signing PPAs for 1.1 GW of solar power after delay

Wed, 30 Nov 2016 12:13:07 GMT

(image) Jharkhand recently passed legislation allowing the acquisition of tribal land for public service purposes. This legislation comes as a relief to developers.

Tata Power to sell PT Arutmin stake for $247 million

Wed, 30 Nov 2016 09:33:56 GMT

(image) The sale consideration for PT Arutmin is now revised to USD 246.64 mn from the earlier value of USD 390 mn, pursuant to closing adjustments relating to certain prior period liabilities, said Tata Powers.

Essar Power expects to turn profitable this year

Wed, 30 Nov 2016 09:26:12 GMT

(image) Essar Power CEO KVB Reddy, said: "Over the last two years, increased coal availability, both from domestic and overseas suppliers, as well as the strong operational efficiencies harnessed by Essar Power's world-class technical team have helped improve performance significantly."