Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

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, …

India's wind energy output up 1250% in a decade: Report

India has aggressive renewable energy targets and industry energy efficiency policies. But it faces significant infrastructure challenges which may derail otherwise good policy. This is mentioned in a report on the country’s national climate policy by Climate Policy Initiative, a US-based global policy effectiveness analysis and advisory organisation. The report …

Coal price pooling plan seems set to unravel

Ministries of coal & power have sided with PSU power utilities The much-touted plan to optimally distribute the higher cost of imported coal among power producers via a price-pooling mechanism with cheaper domestic coal may go haywire. While a host of large upcoming private power projects would have increased their …

Shanghai seizes 6,000 tonnes of foreign waste

A staggering 6,000 tonnes of waste tailings have been seized in China's Shanghai city during a crackdown on illegally imported garbage last month, officials said. Officials have detected excessive amounts of arsenic and cadmium from the tailings, which could have caused contamination if processed by small refineries in China, Xinhua …

India Will not Cap Oil Imports from Iran

India is unwilling to impose restrictions on its oil imports from Iran and will continue its energy ties with Tehran as long as it gets a “good deal” and logistic support, even as one national insurance company has stepped in to provide reinsurance for oil imports from Iran, staving a …

Adani Power gets CERC breather on Mundra tariff

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 …

Oil & power ministries at loggerheads on proposal to double gas price

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 …

National Solar Mission: 70% of projects using imported modules

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 …

India fourth largest energy consumer in the world: report

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 …

Increasing coal output: Ministry forms panel to draft PPP framework

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 …

India is fourth largest energy consumer in the world: Report

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 to ban cosmetics with animal-tested ingredients

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 …

Coal policy tweaked to help avoid legal blocks

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 …

EU introduces illegal timber import controls

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 …

Duty on imported cars disappoints industry

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, …

Budget 2013: Treat natural gas on par with crude oil for tax exemptions

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 takes step to curb China PV imports

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. …

India Seeks Stake in Turkmenistan’s Gas Fields

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 …

Hazardous scrap being dumped with impunity

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 …

Power plants without long-term linkages won't get benefits

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 …

'Coal price pooling to benefit plants of 70,000-Mw capacity'

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 …

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