Mahanagar Gas is planning to start mobile dispensing of CNG in Mumbai this year, especially in regions with last-mile connectivity issues and problems of land acquisition.
Petronet LNG has planned to launch around 20 LNG fuel stations on a 4,000-km route running from Delhi to Thiruvananthapuram as part of its larger scheme in association with oil marketing companies and state roadways of Rajasthan, Gujarat and Kerala.
The much awaited Cabinet nod for auctioning of coal mines for commercial use by private players will provide operational flexibility to coal consumers — predominantly power, metals and cement producers — who have been mostly dependent on public sector Goliath Coal India for coal linkages.
The Delhi Mumbai Industrial Corridor and Development Corporation (DMICDC), after successfully awarding more than Rs 15,000-crore packages in the first phase of construction in Maharashtra, Gujarat and Greater Noida, is in an advanced stage of awarding two big multi-modal logistic hubs, valued at Rs 10,200 crore, in Uttar Pradesh and Haryana by the end of June.
IL&FS Energy Development Company, involved in setting up of solar parks in public private partnership (PPP) with state governments, is looking at acquiring close to 150 MW of solar assets, and it has initially zeroed in on 9 projects to help it get there.
The decade-long fight between Enercon GmBH and its Indian arm, Wind World India, is proving to be a serious issue for the wind energy sector, as turbines with over 3,000 MW capacity have become near non-functional for want of servicing and lack of components, people close to the development told FE.
In what could pave the way for other stressed power plants, GMR Chhattisgarh Energy, a subsidiary of GMR Infrastructure, has restarted operations at its thermal power plant in the state to supply 500 MW of power to Gujarat Urja Vikas Nigam (GUVNL) under the ‘tolling’ policy of the Centre.
Inorganic moves in the renewable segment are picking up pace, with the latest target being Iron Triangle (earlier Backbone Enterprises), which has a 20 megawatt (MW) solar power capacity in Gujarat.
Encouraged by the successful implementation of solar projects in states like Karnataka and Gujarat, the Uttar Pradesh government led by chief minister Yogi Adityanath is planning to invite bids for 100 MW of solar power projects by March.
The renewable energy push from the Narendra Modi government met with potent obstacles in 2017, as capacity additions failed to keep pace with the set targets.
The benchmark cost for setting up wind units is estimated at Rs 4 crore per MW. At this rate, the replacement cost for a 1,850 MW capacity would be Rs 7,400 crore, and it is likely that the assets of Continuum Wind would fetch bids that would be at a premium to this valuation.
This small shift will marginally reduce dependence on business from Essar Steel, its captive customer, which accounts for the bulk of its business.
The near Rs 3-trillion opportunity in sewage treatment plants (STPs) in India is set to get a big boost.
Deonar, is being reconfigured to allow players to bid for modules of 750 tonne each, instead of offering a single project for the entire waste.
Rock bottom solar power tariffs might spell good news for consumers and the environment alike, but for developers, it is now a matter of survival.
Oil and gas companies are expected to take a Rs 15,000-crore hit in 2017-18, as they are unable to fully offset the taxes paid on input goods and services, analysts said.
Gradual uptick in the GDP and increased economic activities, backed by various government schemes such as Saubhagya and Udaya, are bound to increase the base demand of power in coming quarters, Ashwani Kumar, CEO, IL&FS Energy Development Company, tells Vikas Srivastava in an interview.
The National Capital Region (NCR) will be the first to enjoy the benefits of cleaner fuel with Bharat Petroleum Corporation (BPCL) and Indian Oil Corporation (IOC) already confirming that they will be ready to commence supply from the end of March next year.
Power Grid Corporation has managed to iron out all the contentious issues and is set to sign the joint venture (JV) agreement with the Uttar Pradesh government to strengthen the intra-state transmission network.
Indian Oil Corporation (IOC), the country’s largest oil refiner and retailer, has shifted its focus to have more than 50% market share of the electric vehicle charging and infrastructure space as the country moves to convert its passenger and commercial vehicles to electric by 2030
PowerGrid Corporation of India is planning to bid for transmission packages in Brazil on engineering, procurement and construction (EPC) basis by December-end, as the company looks for opportunities abroad on account of poor thermal power generation activity within the country in the last couple of years.
Arun Kumar Singh, executive director, retail, BPCL, told FE, that they expect the safety clearance to come in next one month and the online retailing to start by December-end.
Led by an increase in raw material prices and demand in China rising to an all-time high, tier-1 module prices have gone up to around 38-39 cents per watt peak — they were estimated to stay in the sub-30 cents/watt peak range.
Oil marketing companies — IndianOil, BPCL and HPCL —are in no mood to renegotiate the issues under the marketing discipline guidelines.
Wind energy tariff fell to a new low of Rs 2.64 per mWh in the second round of auctions for 1000 MW capacity conducted by Solar Energy Corporation of India (SECI) on behalf of the ministry of new & renewable energy (MNRE) on October 4.
Solar power developers seem to be having a rethink on the aggressive approach to bag contracts as this had whittled down tariffs to unprofitably low levels.
Investments required to match the average global parameters in healthcare is around Rs 14 lakh crore — just for the number of beds per 10,000 people.