Sources in the state energy department told PTI that the three plants of 50 mw each would be set up in Osmanabad and Parbhani.
UltraTech Cement was the top gainer in the Sensex pack, rising 3.06 per cent, followed by IndusInd Bank, ICICI Bank, HDFC Bank, Titan, Axis Bank, SBI and Reliance Industries. NSE Nifty advanced 78.35 pointsto close at 14,814.75.
NTPC was the biggest loser in the Sensex pack, tumbling 2.25 per cent, followed by Tata Motors, Bharti Airtel, PowerGrid, HDFC, Reliance Industries, Hero MotoCorp and M&M that shed up to 1.85 per cent.
Addressing the nation on Independence Day, the prime minister also spoke on renewable energy and the need to maintain a balance between development and the environment. Referring to the National Clean Air Programme (NCAP), launched in January 2019, Modi said, "A special campaign is being worked out to reduce pollution in 100 selected cities with a holistic approach."
In the second and final part of this interview, energy and coal industry expert Sunjoy Joshi tells Sheela Bhatt/Rediff.com that we need to take a comprehensive view of the entire energy sector and how piecemeal reform won't take us very far.
Bharti Airtel, Bajaj Finance, Bajaj Auto, Reliance Industries, Tata Motors, SBI, HUL, NTPC, ONGC, ITC and Asian Paints rose up to 2.19 per cent.
TCS was the top gainer in the Sensex pack, rising over 3 per cent, followed by L&T, Bharti AIrtel, HCL Tech, Tata Steel, Bajaj Auto and Reliance Industries. NSE Nifty rallied 164.70 points to its fresh closing peak of 16,529.10.
Prime Minister Manmohan Singh on Tuesday dedicated GAIL India Ltd's 1,000 km Dabhol-Bangalore natural gas pipeline to the nation.
Chances are any such disruption will not occur on the major shipping lanes but on some edge of the ocean between India and China. Even if there is no actual disruption, the costs of averting one can be punitive. The setting for this is provided by the energy shortage both countries face, says Subhomoy Bhattacharjee.
Top gainers in the Sensex pack were TCS, Bharti Airtel, Infosys, Axis Bank, L&T, ITC, PowerGrid, HCL Tech and Tata Steel, ending up to 2.39 per cent.
Kotak Bank was the biggest loser in the Sensex pack, falling 3.71 per cent, followed by RIL, HDFC Bank, Bajaj Finance, PowerGrid, IndusInd Bank, Asian Paints, HDFC and ITC.
ITC was the biggest gainer in the Sensex pack, rallying 3.14 per cent. Maruti Suzuki, Axis Bank, Hero MotoCorp, Vedanta, Asian Paints, M&M, HUL, Bajaj Auto and PowerGrid were among the other top gainers, rising up to 2.13 per cent.
Developed nations must leave enough room for developing countries to grow, Prime Minister Narendra Modi said on Monday, asserting that the life of a "few" should not crowd out the opportunities for the many still on the initial steps of the development ladder.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
India pledged an assistance of USD 30 million (Rs 199 crore) for the initiative that brings together developed and developing countries.
KAPP-3, the country's 23rd nuclear power reactor, is a 700 MW Pressurised Heavy Water Reactor (PHWR) designed indigenously, the NPCIL said in a release. The components and equipment for the reactor have been manufactured by Indian industries, and its construction was undertaken by various Indian contractors, it said.
Tatas, Essar, Reliance Energy and L&T are among the dozen companies in race to build India's first fully independent private power transmission lines in Gujarat and Maharashtra at an estimated investment of Rs 1,500 crore (Rs 15 billion).
The six-time F1 World champion said we should reflect on the positives in these challenging times and come out of the situation better people.
Some of the top indebted companies likely to face financial headwinds in the coming quarters include NTPC, PowerGrid, Tata Steel, Adani Power, JSW Steel, UPL, and Steel Authority of India. Together these 201 companies owed Rs 14.9 trillion to their lenders at the end of September 30, 2019, up 4.1 per cent year-on-year (YoY) during the first half of FY20.
The Indian government is chalking out plans to introduce a Chinese model of power distribution to light up the country's 'powerless' villages.
Kotak Bank was the top gainer in the Sensex pack, ending 4.31 per cent higher. PowerGrid, TCS, ICICI Bank, SBI, HCL Tech, NTPC, Infosys, Bajaj Finance, HDFC duo, ONGC, Vedanta and IndusInd Bank too rose up to 2.84 per cent.
Power plant load factors are at historic lows of around 60 per cent.
Ajit Mishra, vice president, research, Religare Broking, answers your queries.
Even as Uttar Pradesh was pointedly blamed by the central government for being the culprit in triggering the grid collapse in several parts of India, top officials of the state flatly refuted the charge.
Bajaj Auto was the top laggard in the Sensex pack, tumbling around 6 per cent, followed by M&M, Reliance Industries (RIL), Tata Steel, Tech Mahindra, SBI, Axis Bank and ICICI Bank. NSE Nifty tumbled 162.60 points or 1.36 per cent to 11,767.75.
Railways is testing waters for locomotives to run on lithium-ion batteries, the most common ones used in electric vehicles.
HCL Tech was the top gainer in the Sensex pack, rising over 4 per cent, followed by HDFC Bank, Infosys, NTPC, Nestle India, TCS and HUL. NSE Nifty surged 337.80 points to 14,845.10.
Cost of solar power broke the Rs 10/unit barrier in a reverse auction process conducted by India government.
The broader NSE Nifty ended 57 points, or 0.49 per cent, lower at 11,498.90 in its fourth straight day of losses.
In a major blow to Reliance Energy's plans to expand its business in power sector, the Central Electricity Regulatory Commission has rejected the application of the Anil Ambani-controlled company for a transmission licence.
Top losers in the Sensex pack included IndusInd Bank, Yes Bank, SBI, L&T, Tata Steel, M&M, Bajaj Finance, Vedanta, Tata Motors and RIL, tumbling up to 6.97 per cent.
India is sitting on huge untapped solar photovoltaic offgrid opportunities, given its ability to provide energy to hitherto vast untapped remote rural areas, the scope of providing backup power to cell towers and its inherent potential to replace precious fossil fuels.
The Indian economy is expected to return to the pre-crisis growth trajectory of about 9 per cent in a couple of years.
The Energy and Resources Institute (TERI) led by Nobel laureate R K Pachauri on Wednesday has commissioned a solar micro-grid connection (SMG) in Tanda village of Jagdishpur block (about 80 km from Lucknow) in Rahul Gandhi's Amethi parliamentary constituency.
US Ambassador Richard Verma's tips to the Indian states.
With the global price of crude oil hovering above $55 per barrel, the demand for a wide array of alternative energy sources - from wind turbines to corn oil used in cars - has gone up in the United States.
The solar-powered cars manufactured to date are usually built for just one person -- not very useful when the need is to carry passengers.
Irrespective of what the future may have in store, the year 2018 has ushered humanity towards an era of next generation technology, demonstrating that there is no looking back in scientific innovations.
The import of power is expected to start by late 2012. The state-run Bangladesh Power Development Board on Monday signed the deal with Power Grid Corporation of India Ltd at a ceremony in Dhaka.
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