11844 stories by IPA Staff
Coming Up, More LNG Terminals & Capacity Hikes
With dependence on imported natural gas (LNG) on the rise, interest in creating infrastructure at ports — such as terminals and re-gasification units — has seen a spurt. This dependence on imported gas is due to continued drop in domestic gas output, and no new producing fields are expected...
Greening Gas And Coal Policy
Unavailability of natural gas and destruction of forests and water bodies due to our inability to use our coal fields optimally is having a huge impact on our health and environment NEW DELHI: Two monopolies. One private; the other public. One in gas; the other in coal. Both equally...
Will the US become the world’s largest exporter of LNG?
By 2017 theU.S.could be the largest exporter of liquefied natural gas in the world, surpassing leading LNG exportersQatarandAustralia. There is one big “if,” however.Americacan produce more gas, export a surplus, improve the trade deficit, create jobs, generate taxable profits and reduce its dependence on foreign energy if the marketplace...
Oil Prices Slide On Weak US Employment Data
SINGAPORE: Oil prices slid in Asian trade today, underpinned by weaker-than-expected unemployment data from the United States, the world’s largest economy, analysts said. New York’s main contract, West Texas Intermediate crude for delivery in May, shed $1.21 to $102.10 per barrel. Brent North Sea crude for May settlement was...
Oil Buyers Ready Emergency Stocks Action
LONDON: Talks between some of the world’s richest oil consuming nations over whether to release billions of barrels in emergency oil reserves are moving to a question of “when” rather than “if” to act. The view in the oil markets is that the US, UK, France and Japan are...
More Hydro Power To Boost Energy Security: Report
NEW DELHI: Against the backdrop of coal shortages impacting the power sector, increasing hydro power generation capacity would help in strengthening India’s energy security, says a report. Many hydro power projects are grappling with delays and cost overruns, mainly due to geological as well as geopolitical obstacles. “Given India’s...
Orissa To Get 50% Power From Two UMPPs
KOLKATA/BHUBANESWAR: Orissa is set to get power allocation of up to 50 per cent from the second and third Ultra Mega Power Plants (UMPPs) proposed in the state, Union minister for power Sushilkumar Shinde said here. The minister, however, ruled out possibility of allocation of 50 per cent power...
NTPC To Set Up Medical College At Sundargarh
BHUBANESWAR: Union Power Minister Sushil Kumar Shinde on Saturday announced establishment of a medical college in Sundargarh district and promised allocation of 50 per cent electricity from the two proposed ultra mega power projects. “The National Thermal Power Corporation (NTPC) will set up a medical college and hospital with...
BHEL Urges Jaya To Reconsider JV Cancellation
CHENNAI: Power equipment company Bharat Heavy Electricals (BHEL) has urged the Tamil Nadu government to reconsider its decision to cancel the joint venture with it for the R8,000-crore Udangudi power project in Tuticorin. AK Ghosh, chief executive officer, BHEL Power Sector Southern Region (PSSR), said, “We have written to...
BHEL Working On Systemic Efficiency
Prior to 2003, Bhel (Bharat Heavy Electricals Ltd) used to have manufacturing facility and skilled manpower to undertake 5,000 mw capacity addition a year. It had little reason to scale up. So when the government decided to accelerate the pace of capacity addition in the sector in a big...
Tata Power Allowed To Distribute Electricity In South Mumbai
MUMBAI: There is good news for electricity consumers from the south of Mumbai as they will now get to choose their power supplier. Instead of simply relying on the BrihanMumbai Electric Supply and Transport (BEST), an arm of the local civic authority BrihanMumbai Municipal Corporation, for power supply, they...
Swan Energy Pulls Out Of Gujarat Power Project
MUMBAI: Little-known Mumbai-based Swan Energy (SEL) has pulled out of the 700-MW gas-based power project, in Gujarat, after being caught in a political firestorm over alleged largesse bestowed on it by the state government firms. SEL signed a deal in 2010 with two companies – Gujarat State Petroleum Corporation...
China Expands Its First Nuclear Power Plant With New Reactor
BEIJING: China has expanded its first nuclear power plant at Qinshan with installation of a new generator unit, authorities said on Sunday, indicating resumption of work at new nuclear projects halted for safety review in the wake of Fukushima atomic disaster in Japan last year. The pressurised water reactor...
Domestic Sourcing For Solar Mission No Violation Of WTO Rules: Govt
NEW DELHI: India has told the US that it does not intend to alter the domestic content requirement in its ambitious national solar power generation programme as it is essentially procurement by the government, which is outside the purview of the World Trade Organisation. “India is not a signatory...
CLP Power India To Invest Rs 1,800 Crore In Wind Energy
NEW DELHI: With a decline in European markets, many renewable energy producers are looking towards India as an investment hub. CLP Power India, a wholly-owned subsidiary of Hong Kong-based CLP Holdings Ltd, plans to invest around Rs 1,800 crore in India to add over 200 MW capacity in wind...
3,200 MW Wind Energy Capacity Added In 2011-12
HYDERABAD:HYDERABAD: The Indian Wind Power Association said 3,200 MW of wind power generation capacity was commissioned in the country during 2011-12. This is in spite of the tough times faced by developers. Prof. K. Kasthoori Rangaian, Chairman of wind association, said while the wind industry has been complaining about...
Easier Transfer Of Coal Block Rights On Cards
NEW DELHI: In a move which could help private infrastructure companies such as ArcelorMittal, Jindal Power, Essar Power, NTPC, Lanco, GMR and Jaiprakash Industries get faster possession of coal blocks, the government proposes to revamp the archaic Coal Block Allocation (Acquisition and Development) Act of 1957. The Act established...
Coal Ministry Says Can’t Calculate Cost Of Production From Different Blocks
NEW DELHI: In what can be seen as a clear rebuff to the recent leaked CAG draft report, the coal ministry has expressed its helplessness in giving the exact cost of production of coal from different blocks in the country. It has cited the presence of several variable factors,...
