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Recent News

Electricity bills of industrial units likely to witness steep jump

The Economic Times 21-02-2017

Spot market power is set to become costlier as state-owned power distribution companies have proposed a hefty increase in levies imposed on openmarket consumers in their tariff petitions for the coming year.

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Capacity utilisation at coal-fired power plants touches 60 per cent

The Economic Times 21-02-2017

Capacity utilisation of coal-fired power plants has risen to 60.5 per cent in December from a low of 52 per cent in August, a significant growth after years of decline, official data shows

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Solar at Rs. 2.97 is viable: Mahindra Susten CEO

The Hindu Businessline 21-02-2017

Mahindra Renewables was one of the three companies that quoted ultra-low prices for solar power in the recent tariff-based auction of capacity in Madhya Pradesh.

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Renewables row: US blocks India at WTO on localisation issue

The Hindu Businessline 21-02-2017

India's request for a dispute settlement panel against the US for incentivising use of domestic over imported goods in its renewable energy programmes was taken up by the World Trade Organisation on Monday.

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Kalpataru Power: strong revenue visibility masks subsidiary troubles

Mint 21-02-2017

Kalpataru Power Transmission Ltd's shares have lost ground in the last four trading sessions despite it reporting better-than-expected performance for the December quarter. That suggests the positives are already priced in.

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No such thing as a perfect renewable energy contract

Mint 21-02-2017

India's 175 GW renewable energy (RE) targets by 2022 are ambitious, to say the least. Compared to RE targets in Europe, China, or California that require 4-5% growth in RE capacity annually, Indian targets require 25% growth.

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At 2,000 tons, Delhi?s largest waste-to-energy plant set to start operations soon

The Financial Express 21-02-2017

Five years is a long time to provide a sustainable waste processing solution, but it has been that long since Delhi has been waiting for a waste-to-energy plant. But now, according to The Economic Times, the wait may finally be over with the Narela plant due to start in March.

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Solar could be cheapest source of energy: Here is how Modi could unleash exponential growth & make clean energy affordable

The Financial Express 21-02-2017

Record low Indian solar tariffs tendered at a groundbreaking auction may catalyze green investments and help tip the balance of new power to renewables and away from fossil fuels.

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Tata Power eyes stake sale in renewable power arm

Business Standard 21-02-2017

To bring debt to a manageable level, Tata Power is looking at three options to raise funds. One option is to sell up to 30 per cent stake in its renewable power firm, after it merged its own renewable power portfolio with Welspun Renewable Energy, which it had acquired in June 2016.

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NTPC official says 'Dadri, Badarpur and Faridabad power plants conform to environment standards

The Economic Times 20-02-2017

D K Sood, regional executive director NTPC Dadri, Badarpur and Faridabad (DBF) while highlighting DBF region's power stations' performance on Friday at NTPC office in sector 24, also threw light on power generation, ash utilisation and initiatives taken for environment protection and CSR activities.

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Govt may divert coal from thermal plants to steel industry: Goyal

The Hindu Businessline 20-02-2017

The government is examining a proposal to divert high grade domestic coal from thermal power plants to meet the needs of the steel industry for coking coal.

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Subsidy extension unlikely for gas-based power plants

The Economic Times 20-02-2017

The government is unlikely to extend the subsidy support scheme for stranded and under-utilised gas-based power stations. The scheme is due to end next month.

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Natural gas price in India likely to be hiked by 8 per cent by April

The Economic Times 20-02-2017

Natural gas price in India is likely to be hiked by 8 per cent from April 1 driven by an increase in rates in reference markets including US Henry Hub.

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Power scenario in India set for major change, India-Ratings assigns 'AA' to Rs 10,000 cr UPPCL bond, may light up UDAY in UP

The Financial Express 20-02-2017

In a significant step that can change the power scenario in the country and signal the success of the Ujwal Discoms Assurance Yojana (UDAY) in Uttar Pradesh, India Ratings and Research (Ind-Ra) has assigned UP Power Corporation (UPPCL)'s proposed R10,000-crore bond a provisional 'IND AA(SO)' rating with a stable outlook.

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Modi poser on UP power reforms, data suggest otherwise

Business Standard 20-02-2017

Prime Minister Narendra Modi on Sunday accused the Samajwadi Party (SP) government of discriminating against people on the basis of religion and caste, including the manner in which land was allocated for Muslim graveyards and Hindu cremation grounds, and electricity supplied during festivals.

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