11844 stories by IPA Staff
Energy Security: Guard Supply Chain
Energy security depends on several variables. It goes beyond fuel sources and pricing. Infrastructure for energy transportation and storage are as important as energy access. Since India’s oil dependency is high–about 70% of energy sources—it is extremely important to ensure that the supply chain is maintained to feed the...
IT ALL ADDS UP A Coherent Approach To Tackling Energy Cost And Fuel Shortages
The 2012-13 budget proposals for the power sector clearly take a different approach. It fails to offer even a hint at fundamental reforms, but at least presents a coherent approach to tackling the rising energy costs and fuel shortages. Several proposals are made to lower the unit cost of...
Upper Siang May Be India's Biggest Hydel Project
NEW DELHI/DEHRA DUN: At a time when the hydropower sector has taken a beating in India, power major NTPC is planning to set up the country’s biggest hydel project in Arunchal Pradesh. Upper Siang hydel project in the northeastern state with a capacity of 9500 Mw is going to...
Seven Power PSUs Plans To Invest Over Rs 53,200 Crore In FY'13
NEW DELHI: The budget has proposed an outlay of Rs 53,296.87 crore for seven power sector PSUs, including major power producers NTPC and NHPC, PowerGrid Corp and Damodar Valley Corp, in the next fiscal. Of the total sum, a budgetary support of Rs 350.37 crore in the form of...
Power Companies Seek More Policy Initiatives
MUMBAI: The private power producers are happy with the announcement of a slew of goodies for the sector in the Budget, but unanimously say that it makes only a marginal difference and a lot more needs to be done. They now want the government to take policy initiatives, regulators...
Power Firms May Have To Pass On Duty Waiver Benefit To Consumers
MUMBAI: Electricity costs are set to drop for many consumers after the government proposed waiving the 5% customs duty on imported coal. Power companies, though, will gain little. Under provisions in the power purchase agreements (PPAs), companies including Tata Power Co. Ltd, Reliance Power Ltd, Adani Power Ltd and...
PEs To Pick 74% In IL&FS Power Plant For R4k Crore
Mumbai: Singapore-based Ascol, a consortium of four private equity funds, will purchase 74% in IL&FS Tamil Nadu Power Company for R4,000 crore, a person with direct knowledge of the development said. The company is building a 3,600-MW coal-fired power plant in Cuddalore in Tamil Nadu. India’s leading financial services...
RPower Firm On Tariff Hike For Andhra UMPP
NEW DELHI: Reliance Power has made it clear that it will not go ahead with the implementation of its R17,500-crore Krishnapatnam ultra mega power project (UMPP) in Andhra Pradesh unless contracted buyers agree on tariff revision to accommodate the increase in fuel cost from the recent change in the...
Green Power: Wind Power Does Not Help To Avert Climate Change
Efforts to stem global warming have nurtured a strong urge worldwide to deploy renewable energy. As a result, the use of wind turbines has increased 10-fold over the past decade, with wind power often touted as the most cost-effective green opportunity. According to Connie Hedegaard, the European Union’s commissioner...
5th Missile Hub In Andhra Pradesh To Fire Up Defence Sector
HYDERABAD:India’s missile power is set to get a boost with a surface-to-air missile unit set to come up at a cost of Rs 30,000 crore at Ibrahimpatnam in Andhra Pradesh’s Rangareddy district. The foundation stone for the project by Bharat Dynamics Ltd (BDL) was laid by chief minister N...
Navy & Air Force Modernise Faster, Army Slow
India’s defence budget for 2012-13 confirms the Indian Army’s degeneration into a low technology, manpower-intensive force that spends most of it’s money on day-to-day running and salaries. On the other hand, the Indian Navy and Air Force fast turning into modern, space-age forces. In real terms, the military’s modernisation...
Indian Air Chief Due To Visit Dhaka
Indian air force (IAF) Chief N A K Browne is expected to arrive in Bangladesh on Monday ‘aiming to expand defence cooperation’ between New Delh iand Dhaka. He will hold talks with political leadership and the top military brass during his four day visit, a PTI report says. The...
Nepal Government Directs Ministries To Halt Gurkha Recruitments
KATHMANDU: Indian and British armies may no longer be able to employ Gurkhas, known for their valour, following a Nepalese government decision to eventually stop their recruitment in foreign countries. Nepal’s government has directed Ministry of Foreign Affairs (MoFA) and other concerned ministries to implement the recommendations of a...
Antony To Inaugurate DRDO Directors’ Conference
The Defence Minister Shri AK Antony will inaugurate the 36th DRDO Directors’ Conference here tomorrow. The theme of this year’s conference is “Self-Reliance Strategy in Globalised World”. DRDO’s top brass including Directors of Laboratories, Programme Directors, Corporate and Technical Directors of DRDO Headquarters and Chief Controllers will deliberate on...
3-Day Meet To Focus On DRDO Functioning
NEW DELHI: Measures to improve the functioning of Defence Research and Development Organisation (DRDO) and allow it concentrate on strategic projects like missiles, network-centric and satellite-based weapon platforms will figure prominently during the three-day conference of DRDO starting here on Monday. Defence Minister AK Antony will inaugurate the 36th...
Statement on the Launch of the SME Exchange by Mr Chandrajit Banerjee, Director General, CII
Commenting on the launch of the SME Exchange, the CII Director General, Mr Chandrajit Banerjee commended the Ministry of MSME and Securities and Exchange Board of India (SEBI), for guiding the bourses and facilitating the way forward for the SMEs to access equity finance. Congratulating the Bombay Stock Exchange...
Defence Research And Development Organisationto Focus On New Missile Systems, UAVs
PUNE: The defence research and development organisation (DRDO), which has been allocated Rs 10,640 crore in the Union Budget 2012, will put a major thrust on projects including development of unmanned aerial vehicles (UAVs), Kaveri-II engine for the light combat aircraft, and new generation and tactical short-range missiles, in...
Army Legal Officers’ Promotions Stayed
CHANDIGARH: The Judge Advocate General’s (JAG) Department, the Army’s legal wing, is in the eye of the storm yet again. Following a petition by a senior Judge Advocate General officer, alleging irregularities in the empanelment of officers for promotion, the Armed Forces Tribunal has stayed the proceedings of the...
