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Infrastructure in India Latest News
Infrastructure in India Latest News 
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Date: August 13, 2009 Synopsis: If India goes ahead with the Prime Minister’s desire to increase nuclear power production to 20,000 megawatts (MW) by the year 2020, the country may need investments to the tune of Rs 80,000 crore in the next decade, an expert said. Click here to view complete news
Date: August 13, 2009 Synopsis: Growth in India’s oil demand is estimated at 0.1 mb/d for 2010. Although agriculture and transport sectors are expected to be strong in India next year, the partial removal of price subsidies and other governmental policies are downside risks for oil demand growth in 2010. Click here to view complete news
Date: August 13, 2009 Synopsis: After missing the bus once in the past, the Andhra Pradesh government has now decided to get into natural gas exploration and production business and bid for gas fields. A Special Purpose Vehicle (SPV) will be formed in collaboration with global gas majors and international consultants will be engaged to prepare the bid documents. Click here to view complete news
Date: March 16, 2009 Synopsis: Asia’s largest single power generation unit, with capacity to generate 600mw, in Orissa’s Jharsuguda district is ready to be commissioned this year. Click here to view complete news
Date: March 16, 2009 Synopsis: The Central Electricity Regulatory Commission (CERC) is expected to come out with rules for pricing of power transmission between states in a couple of months to facilitate the entry of private sector companies in the sector. Click here to view complete news
Date: March 3, 2009 Synopsis: The Solapur Thermal Power Project of National Thermal Power Corporation (NTPC) is expected to be commissioned in 2013. We have 19 power projects, which are under various stages of implementation. This is the 20th project. The total capacity of the projects under construction exceeds 18000 MW,” Mr R.S. Sharma, Chairman and Managing Director of NTPC, told presspersons on the sidelines of the foundation stone laying ceremony. Click here to view complete news
Date: March 2, 2009 Synopsis: In what would provide a major stimulus to the domestic power equipment sector, a bulk order for supercritical power equipment worth an estimated Rs 21,000 crore is likely to be thrown open for bidding later this month, officials said. Click here to view complete news
Date: February 10, 2009 Synopsis: India’s petroleum industry is expected to shake off its dismal third quarter performance and stage a recovery in the fourth quarter of the fiscal year, helped by low and stable global crude prices, improving global refining margins and increased availability of natural gas. Click here to view complete news
Date: February 10, 2009 Synopsis: For the 15-odd companies, which had come to attend the pre-bid conference for the selection of input-based franchisee for distribution of power in urban areas of Uttar Pradesh, the biggest apprehension is the fact that the power-starved Uttar Pradesh Power Corporation Ltd (UPPCL) will supply the selected franchisees with only that much power as has been prefixed for every city, which will be far short of the demand and will result in franchisees purchase power at a higher price from the open market and yet supply it to the consumers at the same tariff. Click here to view complete news
Date: November 5, 2008 Synopsis: State-owned NTPC is all set to achieve an additional power generation capacity of 22,430 megawatt (mw), targeted under the 11th Plan period. The corporation has an installed capacity of 29,894 mw at present. Click here to view complete news
Date: September 8, 2008 Synopsis: Riding high on its foray into renewable energy with a 50 MW wind farm project in Kutch, Oil and Natural Gas Corporation (ONGC) is now aiming to generate as much as 1,000 MW from wind energy in coming years. Click here to view complete news
Date: September 8, 2008 Synopsis: India needs to take urgent steps to augment manpower, material and resources to wipe out the peak electricity demand deficit of 13% and an overall energy shortage of 6-8%, a joint study by Crisil and Federation of Indian Chambers of Commerce and Industry (FICCI) has said. Click here to view complete news
Date: September 7, 2008 Synopsis: The 17 nuclear power plants now in operation across the country with an aggregate capacity of 4,120 MWe account for just 2.83 per cent of the total installed generation capacity of 145,588 MW at the end of July 2008. Click here to view complete news
Date: August 20, 2008 Synopsis: State-run National Thermal Power Corporation (NTPC) has made a fresh appeal for raising permissible external commercial borrowings (ECB) to finance the rupee as well as foreign currency expenditure. Click here to view complete news
Date: August 13, 2008 Synopsis: Indian Wind Turbine Manufacturers’ Association (IWTMA) has called for a generation-based incentive policy to attract foreign direct investment (FDI) into the nascent wind energy sector. Click here to view complete news
Date: August 13, 2008 Synopsis: The Ministry of New and Renewable Energy (MNRE) has fixed a target of 10,500 mega watts between 2007-12, but an additional generation capacity of only about 6,000 Mw might be available for commercial use by 2012, as per research and project investment database firm ProjectsToday. Click here to view complete news
Date: August 12, 2008 Synopsis: The country’s biggest power generator, NTPC Ltd, and Power Finance Corp. will create India’s third electricity exchange as utilities boost capacity to help end blackouts and sustain economic growth. Click here to view complete news
Date: August 09, 2008 Synopsis: In what is considered a move to give major impetus to expanding the network of piped natural gas (PNG) and compressed natural gas (CNG), the Petroleum and Natural Gas Regulatory Board (PNGRB) has received bids from various players for setting up PNG and CNG facilities across 61 cities. Click here to view complete news
Date: August 09, 2008 Synopsis: In a major policy shift, the power ministry has proposed tariff-based bidding for 60% stake sale in hydro power projects and 85% for thermal projects. In the revised mega power policy, the ministry has argued in favour of relaxation in international competitive bidding process for such tariff-based bidding projects and proposes easing of the mandatory requirement clause for privatisation of distribution in power-purchasing states. Click here to view complete news
Publication: Hindustan Times, New Delhi. Date: April 24, 2008 Synopsis: The summer heat is on, but India’s power availability situation is failing to sizzle. For yet another month, power generation is set to fall short, officials acknowledged, raising concerns about further widening of the gap between required power levels and available energy supply. Click here to view complete news
Publication: Business Standard, New Delhi. Date: April 16, 2008 Synopsis: The Uttar Pradesh State Electricity Regulatory Commission (UPSERC) on Tuesday announced power tariffs for the domestic as well as commercial and industrial consumers. The commission has announced a massive hike of 22 per cent in power tariffs for small industries while for urban domestic consumers the hike has been to the tune of 8 per cent only. The average hike in power tariffs in UP has been 14 per cent. Click here to view complete news
Date: April 11, 2008 Synopsis: Ten renewable energy projects with a composite capacity of 100MW are likely to be commissioned in West Bengal by the end of 2009. Among these ten projects includes the proposal to set up a 50MW wind park project and a solar park with a capacity of 26MW. Click here to view complete news
Date: April 11, 2008 Synopsis: In a bid to tap the state’s vast water resources, the Uttarakhand government is likely to invite open bids for nearly 30 to 50 hydropower projects by the end of this month. All these projects are ranging between 5 and 25 MW, and are situated all over the state. Click here to view complete news
Date: April 11, 2008 Synopsis: To further strengthen transmission and distribution network, the Uttar Haryana Bijli Vitran Nigam (UHBVN) has drawn a comprehensive investment plan of Rs. 722.74 crore during the current financial year. Click here to view complete news
Date: March 24, 2008 Synopsis: The Rural Electrification Corporation (REC) has sanctioned a sum of Rs 55.86 crore to carry out various developmental activities. This will include release of new domestic connections to people living below poverty line(BPL). Click here to view complete news
Date: March 24, 2008 Synopsis: Power Grid Corporation of India is experimenting with what could be world’s most advanced power evacuation system – a 1,200 KV power transmission line – capable of evacuating about 6,000-7,000 mega watt of power as opposed to 2,500-3,000 mega watt that is being evacuated through 800 KV lines now. Click here to view complete news
Date: March 18, 2008 Synopsis: With the countdown for the Assembly election having effectively begun, the Delhi Government on Monday played down the power crisis in the Capital, claiming that the city was all set to become power surplus. However, the shortage of power was only expected to end by 2010. Click here to view complete news
Date: March 18, 2008 Synopsis: In an effort to provide electricity to every rural household in the country the ministry of new and renewable energy has decided to provide a generation-based incentive of Rs 12 per kilo watt hour for electricity generated from solar photovoltaic and a maximum of Rs 10 per kWh for electricity generated through solar thermal power plants. Click here to view complete news
Date: March 13, 2008 Synopsis: The Orissa government on Thursday said that an additional 33,000 MW of power would be generated in the state by 2012 and about Rs 1.5 lakh crore would be invested for transmission systems for sale of surplus power to other states. Click here to view complete news
Date: March 13, 2008 Synopsis: The Tamil Nadu Government has decided to create a transmission corporation to link the proposed merchant power projects with the power grid. With State Government clearing over 20 merchant power projects, they are expected to generate over 25,000 MW over the next three years. Click here to view complete news
Date: March 13, 2008 Synopsis: R.S. India Group is setting up the first integrated renewable energy farm in the country at Patan, in Satara district near Pune. The first phase of the Rs 700-crore project, for which 1400 acres has been acquired will have an installed capacity to generate 100 MW wind power, 5 MW of solar power and extract bio-diesel from jatropha plantations on 225 hectares. Click here to view complete news
Date: February 08, 2008 Synopsis: India could miss its target of adding 78,577MW of power generating capacity by 2012 because it is yet to place orders for equipment required to generate 10,950MW. And even if it were to place orders for some of these equipment now, a shortage of capacity in the domestic power equipment industry could mean that deliveries do not happen on time to meet the 2012 deadline. Click here to view complete news
Date: February 07, 2008 Synopsis: The Rajasthan government is working out a plan to use solid waste for generating electricity. Sources said the government had drawn up a proposal to develop integrated solid waste-processing sites in four cities Kota, Bikaner, Ajmer and Udaipur. Click here to view complete news
Date: February 07, 2008 Synopsis: State-run lender to the power sector, Power Finance Corp, is planning to raise RS 300 crore by selling 3-year and 5-year bonds, according to a term sheet. The pricing would be finalised via the book-building route. Click here to view complete news
Date: January 28, 2008 Synopsis: The Maharashtra State Power Generation Company (Mahagenco) has invited bids from domestic as well as global developers for setting up a 1,000-MW power project at Chandrapur in the state. Click here to view complete news
Date: January 24, 2008 Synopsis: Haryana has a plan to set up solar energy based power projects in Mega watt (MW) scale in the State and power produced from these projects will be fed to the state grid for which Haryana Renewable Energy Development Agency (HAREDA) has submitted an application with the Haryana Electricity Regulatory Commission for fixation of tariff under Section-3 of Electricity Act-2003. Click here to view complete news
Date: January 22, 2008 Synopsis: The government has estimated a massive investment of Rs 2 lakh crore for systems augmentation, Rs 90,000 crore for Rajiv Gandhi Grameen Viyutikaran Yojana (RGGVY) and Rs 40,000 crore for revised accelerated power development and reforms programme (APDRP) during the 11th Plan period. Click here to view complete news
Date: January 22, 2008 Synopsis: The Forest Advisory Committee of the ministry of environments and forests will be meeting on January 23 and hear out a presentation by the team developing the Sasan Ultra Mega Power Project. Click here to view complete news
Date: January 03, 2008 Synopsis: The Centre announced giving incentives to developers for setting up solar power plants to encourage use of green energy and attract investments of about Rs 1,000 crore over the next few years. The government will give Rs 12 per unit to developers of grid connected solar power plants as incentive. Click here to view complete news
Date: January 03, 2008 Synopsis: TThe government plans to initiate bidding process for three more ultra mega power projects (UMPP) during the current fiscal year, allaying fears that its ambitious scheme is set for pre-mature burial in the absence suitable sites for the 4000-MW power plants. Click here to view complete news
Date: January 03, 2008 Synopsis: Production of power on trial basis under the Ocean Thermal Energy Conversion Project at Kulasekarapattinam in Tuticorin district is on, a top official of Tamil Nadu Electricity Board (TNEB) said today. Click here to view complete news
Date: January 03, 2008 Synopsis: The Andhra Pradesh Government is making all out efforts to step up power generation to meet the heightened demand for power during the rabi season and ensuing summer months. While drawing up a plan to invest about Rs 2,678 crore in addition to Rs 1,174 crore. Click here to view complete news
Date: January 03, 2008 Synopsis: The government is likely to exempt private players from tariff-based bidding till January 2011, to attract private participation in construction of hydropower projects. With the move proposed by the power ministry, private players will not be required to quote the rate, which would be charged for per unit sale of energy during the time of bidding. Click here to view complete news |
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