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15-11-2018

This is mainly for completing the ambitious Bharatmala, the scheme that received Cabinet approval in October 2017.

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Coal stocks in a third of NTPC plants close to nil

The Financial Express 15-11-2018

Coal supply shortage continues to haunt NTPC, the country?s largest power generator, with latest government data showing 31% of the company?s coal-based capacity is running with ?hand to mouth? coal stock. As on November 12, six major NTPC power plants, with a combined capacity of 12,480 MW, have fuel stock of ?zero? days, data from the Central Electricity Authority show.

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IEX plans new tools for flexible power trade

The Financial Express 01-11-2018

In a bid to adapt to the evolving nature of short term electricity trade, the Indian Energy Exchange (IEX) is planning to introduce new tools for trading power in the spot market.

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24-10-2018

They have extended their brands to products that have little bearing with their areas of core competence

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OMCs raking in profit as refining margins rise

Financial Chronicle 22-10-2018

The government decision to let state-owned oil marketing companies (OMCs) absorb Rs 1 per litre increase in retail price of petrol and diesel is unlikely make a major dent in their revenues as almost all entities are constantly making major gains from a rise in their gross refining margins or GRMs.

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22-10-2018

According to the National Power Portal, 121 out of 123 power plants have less than five days of coal stock.

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E-car sales plunge 40% in FY18

The Hindu Businessline 22-10-2018

Despite the massive government push towards electric mobility, e-car sales plunged 40 per cent to a low of 1,200 units in FY18 over FY17, while e-two-wheeler sales zoomed 138 per cent to 54,800 unit during the same period, says an industry report.

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OMCs will continue to bleed as govt rules out dividend relief

Financial Chronicle 10-10-2018

Oil marketing companies (OMCs), already reeling under pressure due to absorption of Re 1 per litre cut in petrol and diesel prices, cannot expect any respite in the form of lower dividend to the government this financial year.

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?Low solar tariffs warrant strict due diligence?

The Financial Express 05-10-2018

Leading bankers and renewable energy financing experts from multilateral agencies have pointed out that low solar tariffs quoted in reverse auctions should be done after comprehensive assessment to maintain the long-term viability of power generation projects.

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ISA assembly okays $9-m annual budget

The Financial Express 05-10-2018

The first assembly of the International Solar Alliance (ISA) provisionally approved the prospective annual budget of $9 million for calendar years 2019 and 2020.

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05-10-2018

In case the new board wants to abandon the construction, the Centre would award these projects to other contractors.

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03-10-2018

On the one hand, the policy direction points towards a clean energy and sustainable environment, while on the other, multi-layered cost structure and uncertainty in honouring the contracts pose an existential challenge to the developers.

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Spot power tariff soars

Financial Chronicle 03-10-2018

Power tariff touched a decade high of Rs 18 per unit in the spot market on Tuesday due to low hydro and wind energy production and coal shortage at thermal plants. ?Spot power price for supply on Wednesday touched 10 year high of Rs 18 per unit in spot trading on Indian Energy Exchange (IEX) on Tuesday.

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Thermal power sector needs no capex till FY22

Financial Chronicle 03-10-2018

The power sector does not require any capital expenditure in thermal capacity until FY22, given that 40 giga watt of capacity is under construction and the current stranded capacity is 25 GW, says a report.

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