The Cabinet Committee on Economic Affairs in October relaxed the norms for firms to open fuel retail outlets, effectively paving the way for more private companies, both foreign and domestic, to enter this business domain.
Major solar tenders have remained under-subscribed recently with issues such as irregular payments, land acquisition and abrupt power curtailment from the state-owned power distribution companies (discoms) making the industry
Sources told FE the plan was set into motion after Prime Minister Narendra Modi highlighted the RE potential of the border areas, stressing that such projects could also help generate drinking water for people living in the a
Another senior official from a different solar company said since the ceiling tariff for similar tenders has been kept at Rs 2.78/unit, it did not make much sense to participate this particular tranche.
According to sources, the reactor of the first upcoming unit would start sustained fission chain reaction by the end of FY19. Currently, average tariff of power from existing nuclear plants is Rs 3.41/unit.
Prepaid meters have been envisaged as one of the ways to turn around discoms by reducing their gap between the cost of power supply and revenue realised by ensuring timely payments from bulk consumers such as local civic bodi
Private players had cried foul and lodged complaints to the Central Electricity Regulatory Commission (CERC) claiming that PPAs were signed "with a clear intention of bypassing the impending competitive bidding requirements".
“The ASP projects is the result of seven years of research and the pilot study has recently been concluded in March, 2019,” said Ajay Kumar Dixit, CEO, Cairn Oil and Gas. “It will also increase the recovery factor to mo
Ten power plants had won 25-year coal linkages of 27.2 MTPA in the first round of Shakti auctions where bidders quoting the highest discount to its existing tariffs were allowed to choose their preferred source of coal supply