Coal from private captive mines to be brought under Coal Regulator
With an aim to bring surplus coal produced in private captive mines into the pool, the government is set to bring them under the regulatory ambit. The proposed coal regulatory authority, being set up to
Power minister calls for solutions to issues facing power sector
Power Minister Jyotiraditya Scindia has asked a panel comprising private and public power producers to come forward with solutions to the issues faced by the sector and action measures to tackle them. "We are looking at the national tariff policy, issue of hydro electric power, ensuring capacity addition, issue of
Shell India to invest US$1 bn to set up floating LNG terminal on east coast
Shell India has plans to invest US$1 billion to build a floating liquefied natural gas terminal on the eastern coast of India.
Reliance Power Q3 net zooms over 30% to Rs 266 cr
Reliance Power reported over 30% jump in net profit at Rs 266 crore for the third quarter ended December 31, 2012.
Three promoters to offload 5.42% stake in Reliance Power
Reliance Power stated that said three of its promoters will offload 5.42 per cent stake in the firm, a move that would help the Anil Ambani group company to comply with the minimum public shareholding norms. The shares will be sold through Offer for Sale (OFS) on 19 December, R-Power said in a regulatory filing.
RPower arm, Coastal Andhra Power plans to revive Krishnapatnam Project
Coastal Andhra Power, arm of Reliance Power, has plans to revive the 4,000 Mw project at Krishnapatnam in Andhra Pradesh by moving the country's electricity regulator Central Electricity Regulatory Commission (CERC) for an increase in tariff.
Reliance Power's Tilaiya Project exempted from land compensation
The ministry of power has clarified that Reliance Power's Tilaiya ultra mega power project (UMPP) enjoys the exemption from a key provision of the Forest Act stating that the project's status is on a par with 'central government undertakings'.
PFCL begins feasibility studies for 2nd UMPP in Jharkhand
The nodal agency for ultra mega power projects (UMPP) in the country, Power Finance Corporation Ltd (PFCL) said that it has initiated preliminary studies to assess the feasibility for setting up of a second 4,000 Mw UMPP in Husainabad, Jharkhand.
Reliance Infrastructure pins hope on UMPPs to boost order book
Anil Ambani-led company Reliance Infrastructure is looking at Reliance Power's ultra mega power projects (UMPP) to boost its order book.
Reliance Power Q2 net profit at Rs 240 cr, beats estimations
Reliance Power has posted a 2.1% rise in quarterly net profit. The rise in profit is largely attributed to higher generation capacity.
Reliance Power's Sasan UMPP expansion proposal pre-mature: MoEF
Reliance Power's Sasan mega project expansion plan has hit a major roadblock as Ministry of Environment and Forests (MoEF) wants more information from the company and also it has stated that the proposal at present is pre-mature.
Court gives Reliance Power time till Nov 22 to settle dispute
Coastal Andhra Power (CAPL), a Reliance Power owned subsidiary, has been given time till November 22 to settle the issues related to the change in Indonesia’s coal policies with its power buyers. A division bench of the Delhi High Court gave this order on 18 October.
Decision on FAS’s to ease fuel tie-ups to benefit 1,500 Mw power capacity
In a meeting on the 10th October, the Prime Minister’s Office (PMO) had directed the coal ministry and Coal India Ltd (CIL), that FSAs should be signed by 15 November with power projects
Power projects above 1,500 mw to get coal supply
The Prime Minister's Office (PMO) has directed Coal India to sign fuel supply agreement with power plants that have medium to long term power sale arrangements with states and trading companies by November 15
CEA clears 700 Mw Tato-II power project in Arunachal Pradesh
Central Electricity Authority (CEA) has given techno-economic clearance to the 700-mw Tato-II power project in Arunachal Pradesh. This is the first hydel plant being set up by Anil Ambani's Reliance Power Ltd, company executives said on Thursday.