The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …
Regulator sets up panel to work out compensatory rates in a month; stocks of all power firms light up In a landmark order, the Central Electricity Regulatory Commission (CERC), the country’s power sector regulator, has allowed a “compensatory tariff” for Adani Power’s imported-coal-based power project in Mundra, Gujarat. The Gautam …
The proposal for the doubling of natural gas price made by the Rangarajan committee has the oil and power ministries at loggerheads. Sources said that the power ministry has held back its comments on the draft proposal circulated by the petroleum ministry for consultations as it does not want to …
Despite the local procurement conditions stipulated for solar power projects that are set up under the National Solar Mission, 70 per cent of them have used imported modules or cells. According to information provided by the Ministry of New and Renewable Energy, in the last three years 148 grid-connected solar …
With its rising energy needs, India has emerged as the fourth largest energy consumer of the world after the US, China and Russia, but its per capita energy consumption remains lower than that of developed countries, says a report. "India is the fourth largest energy consumer in the world after …
The Government has constituted a panel to formulate a policy on public-private partnership framework with State-owned CIL as one of the partners to increase coal output. The development comes close on the heels of Finance Minister P. Chidambaram stating in his Budget speech that there was a need to devise …
With its rising energy needs, India has emerged the fourth largest energy consumer of the world after the US, China and Russia, but its per capita energy consumption remains lower than that of developed countries, says a report. “India is the fourth largest energy consumer in the world after the …
EU regulators are expected to announce Monday a ban on the import and sale of cosmetics containing ingredients tested on animals and pledge more efforts to push other parts of the world, like China, to accept alternatives. European Union banned animal testing of finished cosmetic products in 2004. A second …
Private mining giants like Rio Tinto, BHP Billiton and others likely to partner with Coal India under a new public-private partnership (PPP) model in the works won’t have any ownership rights in these ventures but will do mining on a contractual basis for the PSU. Yet these mining companies, equipped …
Measures to prevent illegally harvested timber from entering the European Union come into force on Sunday. The EU Timber Regulation (EUTR) requires importers or sellers of timber and wood products to keep records of the sources of their supplies. Interpol estimates that illegal logging contributes up to 30% of timber …
The hike in customes duty on fully built imported vehicles from 75 per cent to 100 per cent in the Budget 2013-14 has disappointed the industry but given its small size, the impact may not be significant. Speaking to The Hindu , Wilfried Aulbur, Managing Partner, Roland Berger Strategic Consultants, …
NEW DELHI: The oil and gas industry is hopeful that the budget may treat natural gas on a par with crude oil for tax exemption, which could revive investors' interest in future auction of oil blocks, but it does not see any strong commitment from the government on this matter. …
EU member states have approved a European Commission plan to register solar panels from China, EU diplomats said, as the latest step toward duties on the 21 billion euro ($27 billion) import market. The solar panel import market is one of the biggest trade areas the Commission has ever tackled. …
New Delhi has requested Turkmenistan to give equity in the exploration and production blocks to Gail India wants a share in gas fields in Turkmenistan from where the proposed $9-billion transnational gas pipeline will cross terrorist-infested regions of Afghanistan and Pakistan to deliver gas across the Punjab border. “India is …
Customs authorities continue to release imported plastic scrap merely on generalised letters and certificates from exporters in violation of the Import Policy Order which categorically asks for compliance to the provisions of the Basel Convention, sources in the industry told Dawn on Tuesday. The Basel Convention specifies 27 waste streams …
Units with a combined capacity of 16, 000 Mw to be affected Coal-based power plants with 16,000 Megawatt (Mw) capacity, entailing an investment of more than Rs 80,000 crore, are unlikely to get the benefit of coal price pooling. The coal ministry has said these projects would be kept out …
To be commissioned by 2014-15, around 28,000 MW are under construction Price pooling for coal will lead to better capacity utilization of power plants and the benefit would accrue to total of 70,000 MW to be commissioned by 2014-15 of which around 28,000 MW are under construction. By rationalizing the …
The Association of Power Producers (APP) has called for an upgrade of the coal-handling infrastructure in India after a recent study done by it revealed that a lot was needed to be done. APP has called for the development of coal storage facilities on port premises, coastal-based coal preparation hubs, …
The seventh meeting of the Nepal-India Joint Committee on Water Resources concluded in Kathmandu on Friday. The two-day meeting dwelt on the implementation of the projects including import of additional electricity from India, Nepal-India Power Purchase Agreement and building of cross border transmission line that were agreed by the sixth …
Despite the ECC body on Tuesday reached consensus that acceptance of two controversial bids would be violation of PPRA rules, petroleum ministry was going to press Cabinet’s Economic Coordination Committee (ECC) to clear these bids to go ahead on $25 billion LNG import project. However, petroleum ministry would ask economic …
Base price of domestic natural gas comes to around $7.4 per mBtu Analysts may be seeing a positive for Reliance Industries Ltd (RIL) in the Rangarajan panel’s recommendations on gas pricing, but the committee’s formula would work out the natural gas price at less than what RIL has been seeking …
