User: anshuman Topic: Energy
Category: Coal
Last updated: Apr 20 2018 03:26 IST RSS 2.0
 
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RBI's resolution for bad loans impractical, says power minister R K Singh 20.4.2018 Business Standard: Today
Most of the stressed assets are either facing coal supply crunch or don't have any power supply agreement or both
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Reliance Power posts 16% rise in Q4 profit on higher electricity generation 19.4.2018 Business Standard: News Now
Revenue from operations or turnover was, however, lower at Rs 24 billion when compared with Rs 25.9 billion in the year-ago period
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NTPC to back down thermal power at some of its units for more renewables 19.4.2018 Business Standard: News Now
The move is in line with the Centre's proposal to introduce flexibility in generation scheduling. It provides flexibility for substituting thermal by renewable power
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Expectations of healthy Q4 results, global cues push equity indices higher (Roundup) 19.4.2018 General News
Expectations of healthy quarterly earning results coupled with a rebound in commodity prices and broadly positive global indices pushed the Indian equity market to close at its highest level in the last seven weeks on Thursday.
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Reliance Power Q4 net rises 16% 19.4.2018 General News
Reliance Power today reported a 16 per cent rise in its January-March quarter net profit on higher electricity generation. Net profit in the fourth quarter of 2017-18 fiscal at Rs 250.47 crore was 16 per cent higher than Rs 215.9 crore net profit in the same period of the previous fiscal, the company said in a statement. Revenue from operations or turnover was however lower at Rs 2,400.58 crore when compared with Rs 2,596.5 crore in the year ago period. The company did not give reason for the decline in the revenue. The company said its 3,960 MW Sasan ultra-mega power plant in Madhya Pradesh generated 31,793 million units operating at PLF of 91.6 per cent, the highest among all 1000+ MW thermal plants in the country. Captive coal mines of Sasan UMPP produced 18 Million Tonnes of coal, the highest among the private sector players in the country. Its 1,200 MW Rosa Power Plant in Uttar Pradesh generated 7,719 million units operating at PLF of 73 per cent while the 600 MW Butibori Power ..
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NTPC wants to exit joint venture with BHEL 19.4.2018 General News
India's biggest power producer NTPC Ltd has decided to exit the joint venture with BHEL, saying it is not a manufacturer of equipment and would rather concentrate on setting up and operating power plants. NTPC-BHEL Power Projects Pvt Ltd was set up in December 2007 as a 50:50 joint venture for manufacturing power equipment. The joint venture's first manufacturing facility at Mannavaram in Chittoor district of Andhra Pradesh started operations in 2016 but had very little orders. Top NTPC sources said the company has decided to exit the venture and has informed the power ministry about its intentions. NTPC wants BHEL to buy its equity in the joint venture, they said. The two companies had invested Rs 50 crore each as equity in the joint venture. The power producer wants BHEL to acquire its 50 per cent stake in the JV as also all the assets and liabilities and absorb all the employees, they said. The joint venture had little revenue visibility and needed a fresh injection of new orders ..
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Power Grid Corporation of India Ltd rose for a fifth straight session today 19.4.2018 General News
The stock is quoting at Rs 207, up 0.98% on the day as on 12:49 IST on the NSE. Power Grid Corporation of India Ltd is down 0.91% in last one year as compared to a 15.57% gain in NIFTY and a 13.16% gain in the Nifty Energy.
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ACC in focus after Q1 results 19.4.2018 General News
ACC said its consolidated profit after tax rose 18.48% to Rs 250 crore on 14.45% increase in net sales to Rs 3557 crore in Q1 March 2018 over Q1 March 2017. Operating EBITDA rose 17.99% to Rs 492 crore in Q1 March 2018 over Q1 March 2017. Cement sales volume rose 7.73% to 7.11 million tonnes in Q1 March 2018 over Q1 March 2017. The result was announced after market hours yesterday, 18 April 2018.
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Breakdown in units, Rajasthan power crisis worsens 19.4.2018 DNA: India
The shortage of coal in the state has worsened in the past few months. Later on Tuesday night, the state got into a power crisis due to a shortage of coal and breakdown in some major units which led to a reduction of power. Though by Wednesday afternoon the position was improved and officials informed that no load shedding was being done, the crisis still prevails, informed the sources. Officials informed that there was an outage of around 4000 MW capacity which has resulted in acute shortage of power due to the closing of 1200 MW Kalisindh, 1200 MW Adani 500 MW Suratgarh, 250 MW NLC Barsingsar, 250 MW Chabra, 180 MW RAPS, 200 MW Kota, 135 MW Rajwest units. There was a possibility that power companies may resort to load shedding on a rotation basis. However, by Wednesday the efforts yielded positive results. Officials informed that they were keeping the fingers crossed and were getting some power to increase the supply, attempts were also being made to buy the power from power exchange. Coal crisis for ...
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US energy majors want govt to give them larger access to Indian markets 18.4.2018 Business Standard: News Now
US Energy Secretary, Rick Perry offered no signs of having nudged investment by American companies in India's oil and gas exploration blocks
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IRENA lays out renewable energy road map to curb global warming 18.4.2018 Latest News
Electrification, and renewable power are key drivers outlined in the report, with solar and wind capacity leading the energy transformation
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Summer blues: electricity demand reaches its peak 18.4.2018 Hindu: News
Of 23,100 MW, Mumbai consumes 3100 MW on Monday
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BJP would have got NGT ban lifted if voted to power: Hek 17.4.2018 Meghalaya Times

Staff Reporter
SHILLONG, April 17: BJP legislator in Meghalaya and cabinet Minister AL Hek has reiterated that the ban on coal mining would have been lifted within 180 days had the people had given their mandate to BJP.
“180 days we have promised in our manifesto if people give mandate to us but since we got only two BJP MLAs and we did not get the mandate so I have nothing to say when it will be resolved,” Hek said on Tuesday.

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India-US to increase co-operation in oil & gas, power, renewable energy: Pradhan 17.4.2018 General News
Union Minister for Petroleum and Natural Gas Dharmendra Pradhan on Tuesday announced that India and the United States have decided to increase their co-operation in oil and gas, power, renewable energy and coal sectors.Pradhan and U.S. Secretary of Energy Rick Perry co-chaired the inaugural meeting of the U.S.-India Strategic Energy Partnership here, which President Donald J. Trump and Prime Minister Narendra Modi had announced during their June 26, 2017 Summit in Washington, D.C."Under the partnership, the United States and India will pursue four primary pillars of cooperation- Oil and Gas; Power and Energy Efficiency; Renewable Energy and Sustainable Growth; and Coal. Both parties may consider establishing additional pillars of cooperation based on mutual agreement," Pradhan said during the first meeting of the US-India Strategic Energy Partnership.The partnership affirms the strategic importance of energy cooperation to the U.S.-India bilateral relationship and sets the stage for .
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Pak's current account deficit rises due to CPEC: ADB report 17.4.2018 General News
Pakistan's current account deficit (CAD) has risen to 4.5 per cent mainly due to the smooth implementation of projects under the USD 63 billion China-Pakistan Economic Corridor (CPEC), according to a report by Asian Development Bank (ADB).As per the report of ADB titled - 'Asian Development Outlook 2018', the CAD expanded on larger imports that widened the trade deficit despite a strong revival in exports.The deficits are being addressed, especially by investment in energy, including under the CPEC project. A number of projects, especially in power supply, are already completed or nearly done, with financing from the government development expenditure, multilateral development banks and CPEC resources.The ADB report said at 8.3 per cent, there was a faster growth in fixed investment, which reflected larger public investment, while private investment grew by only 4.1 per cent, restrained by substantial infrastructure deficits, especially for electric power supply. The large increase in
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Sickened Coal Ash Cleanup Workers Seek Justice From Tennessee Valley Authority Contractor 17.4.2018 Truthout - All Articles
At the same time the Trump administration is seeking to  roll back regulations  designed to protect people and the environment from toxic coal ash, hundreds of workers who cleaned up the nation's largest-ever coal ash spill and claim it sickened them are still waiting for their day in court. A team of attorneys  has filed lawsuits  in federal court on behalf of 53 dead and sick workers against Jacobs Engineering, a Fortune 500 government contractor hired by the Tennessee Valley Authority (TVA) to clean up following the spill of over a billion gallons of coal ash from a holding pond at the federally-owned corporation's Kingston power plant in eastern Tennessee on Dec. 22, 2008. The spill inundated a nearby residential community and contaminated the Emory and Clinch rivers with coal ash, which is laden with  heavy metals ,  radioactive elements , and  other health-damaging contaminants . The disaster also spurred the federal regulations now targeted for rollback. After the USA Today Network-Tennessee ...
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India-US to strengthen its alliance in oil & gas, power, renewable energy 17.4.2018 Latest News
US Secretary of Energy Rick Perry and Indian Minister of Petroleum and Natural Gas Dharmendra Pradhan co-chaired today the inaugural meeting of the US-India Strategic Energy Partnership
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Retirement of old thermal plants to shift demand to short-term power market 17.4.2018 Latest News
An investor presentation by Indian Energy Exchange (IEX) says the overall power generation in the country increased by 3.8 per cent during April-December of FY18
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NTPC Ltd rose for a fifth straight session today 17.4.2018 General News
The stock is quoting at Rs 177.4, up 1.9% on the day as on 12:54 IST on the NSE. NTPC Ltd is up 9.71% in last one year as compared to a 15.37% gain in NIFTY and a 13.85% gain in the Nifty Energy.
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Hands down, Gadkari is Modi's best minister 17.4.2018 Rediff: Top Stories (India)
'There is merit in appointing people with ability and energy, then leaving them to do the job.''The Modi government would have had a better record if it had stuck to this formula from the beginning,' argues T N Ninan.
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