Ministry wanted a halt to new dams, but AG now says matter to be decided by PMO
The Central Electricity Authority and industry body CII will present a white paper on power sector reforms to the government by the end of this month, a senior government official said.
Reports say that the Union government may increase the overall tax-free investment limit from Rs 1,00,000 to Rs 1,50,000 in the next Union Budget. Do you think this will act as an effective tool to help the salaried individuals plan their taxes?
With the Power Ministry seeking Cabinet's nod for Power Finance Corporation's initial public offer, the state-run company has firmed up plans to conduct road hows for attracting investors toward the issue.
Warning that slippages in power sector may trip economic growth, Prime Minister Manmohan Singh on Monday asked both states as well as the Power Ministry to reduce theft, raise generation capacity and attract private investment to provide electricity.
A casual worker employed at the Defence Ministry was arrested on Tuesday for allegedly providing forged identity card to a key accused in petroleum ministry leaks case while police maintained that no sensitive documents were leaked or stolen from the defence ministry.
The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.
With disinvestment on hold, the power ministry now seeks approval for initial public offers of power companies.
On the first day of the new financial year, there was a sense of dj vu in the power sector. As has been the case for the last many years, the capacity addition during the year, of 9,263 Mw, is a little over half the target of about 17,000 Mw.
India has so far set up three projects - Tala, Chukha and Kurichu - in Bhutan under the Inter-governmental Agreement model.
Tata Power Company Ltd has signed a development agreement with Germany's Siemens Project Ventures GmbH to jointly bid for ultra mega power projects.
After visits to the US and Europe, a power ministry delegation is headed for Japan, Singapore and Malaysia for conducting roadshows to attract foreign investors in the country's power sector.
Amid the debate on creating another state-owned power equipment manufacturing company, Bharat Heavy Electricals Ltd dubbed the idea as 'ironic' on Friday.
Faced with the growing power crisis in the national capital, the Delhi government on Friday issued a slew of guidelines directing commercial and residential consumers to cut down electricity consumption during peak hours.
The government is considering selling Dabhol Power Plant's LNG terminal after hiving it off from the electricity generating unit, due to delays in completion of unfinished part of the terminal and huge cost-overruns, a power ministry official said.
Unable to kickstart its maiden transmission project even two years after winning the bid, Reliance Energy Ltd has now sought government intervention to ensure that state-run Power Grid Corporation of India Ltd signs the joint venture agreement.
Finance Minister P Chidambaram on Friday took stock of the power ministry's ambitious plans to set up five ultra mega power projects of 4,000 MW each envisaging an investment of Rs 75,000 crore
The Power Ministry on Monday said it is against hiving off the LNG terminal from the Dabhol power plant.
Around Rs 40,000 crore (Rs 400 billion) investment in the power sector is in limbo for want of government decision on allocation of natural gas to the proposed electricity stations.
Centre, with states, to change methodology of calculating domestic power rates, set standards for consumer tariffs
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
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