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, …
The department of consumer affairs recently mandated compulsory labelling of packaged genetically modified food. Though segregation and testing to ensure compliance is a great challenge under Indian conditions, implementation is not difficult because India has only a limited number of genetically modified imports and only one commercially produced domestic crop …
Mumbai India needs to stem an influx of cheaper imports from China and ease taxes on locally made solar cells to boost domestic manufacturing, Tata Power Solar Systems’ newly appointed CEO Ajay Goel told FE in a telephonic interview on Wednesday. The government aims to turn India into a major …
The financial costs associated with coal-fired electricity generation are set to rise given the need to increase coal import, according to a study report of Equatorials. The study on coal fuel supply agreements by Coal India Ltd and recent developments commissioned by Greenpeace bring to the fore how the costs …
India currently has plans to ramp up coal based power generation on a massive scale. Domestic supply has consistently fallen short of demand and the gap has been widening. Coal India Limited, a public sector company, mines about 80% of the coal in the country and is being directed by …
Greenpeace commissioned Equitorials, a financial research firm, to do an independent analysis of the financial impact of signing Fuel Supply Agreements(FSA) on Coal India Limited. This analysis is in the context of the Presidential Directive issued at the government’s behest to CIL, ordering it to sign FSAs with all power …
New Delhi American firms woo Indian buyers with long-term contracts, discounts The US is emerging as a new source of coal supply for India as traditional exporters like Indonesia and Australia jack up their coal prices. American firms are trying to woo Indian buyers with offers of long-term contracts and …
US-based FJS Energy LLC has signed a $7 billion (. 39,200 crore) multi-year coal supply agreement with India’s Abhijeet Group. The New Jersey-based company would supply American coal for the next 25 years for steel production and power generation in India. The coal would be sourced from FJS Energy’s affiliates, …
New Delhi Falling KG-D6 output, costly imported LNG hem in power plants India's gas-based power stations are facing an uncertain future. Depleting output from Reliance Industries’ KG-D6 block and non-availability of adequate infrastructure to handle liquefied natural gas (LNG) imports are set to trigger suspension of about 7,000 MW of …
New Delhi Adani refused power supply to GUVNL due to rising coal prices The Supreme Court on Monday admitted Adani Power’s appeal against the Appellate Tribunal for Electricity’s order asking it to supply power to state utility Gujarat Urja Vikas Nigam Ltd (GUVNL) at an agreed price of R2.35 per …
The country witnessed a peak power shortage of 9% from April to June this year The country suffered power generation loss of close to seven billion units from April to June this year, mainly on account of coal and gas shortage. "During April-June, 2012, the power utilities have reported a …
GAIL, IOC keen to source LNG from Russia GAIL (India), Indian Oil Corporation (IOC) and ONGC Videsh Limited (OVL) have expressed their willingness to source LNG on long- and medium-term basis from existing and upcoming LNG liquefaction terminals, including for the Ennore LNG terminal, in Russia. Senior officials in the …
JODHPUR: After deployment of 115 border homeguard commandos for the security of the oil fields of Cairn India at Barmer, the Governor of Rajasthan Margaret Alva has declared this entire area prohibited through a notification. Any persons trespassing in this prohibited area will be prosecuted now on. This measure is …
Approves minimum 80% coal supply to power firms agrees to import 15% to meet shortfall Coal India Ltd (CIL) on Tuesday decided to revise the contentious penalty clause in the fuel supply agreements (FSAs) to be signed with power firms. The state-run company also agreed to supply at least 80 …
High and volatile food prices pose new challenges to poor, net food-importing countries. This paper seeks to identify which countries may be most vulnerable to recent price trends, and identifies tools that domestic decision-makers could use to promote food security.
KOLKATA: Coal India Board today reached a consensus on supplying a minimum of 80 per cent of the contracted quantity of the fuel to power firms, meeting 15 per cent through imports. As a result, the state run firm will import around 20 million tonnes of coal this year. "The …
New Delhi Steel majors have accused country's biggest iron ore producer NMDC of charging higher prices for ore while exporting at a lower rate and said the “anomaly in pricing mechanism” of the state-run company would lead to higher steel imports. Steel producers said ore prices have come down globally …
New Delhi The government on Thursday approved a proposal for divestment of 10.82% government stake in steel major SAIL and decided to impose an effective duty of 22.3% on import of power equipment — a move that would help public sector BHEL and private firm L&T.; Sources said the Cabinet …
Power minister says hike in electricity bill inevitable due to rise in cost of fuel used for generating Close on the heels of hike in power tariffs in many states, Union Power Minister Sushil Kumar Shinde today advocated raising electricity tariff in small dozes every six months to spare consumers …
The Empowered Group of Ministers on natural gas pricing and utilisation will decide on the issue Reliance Industries' demand for tripling of KG-D6 gas price from April 1, 2014, will be referred to a high-powered ministerial panel for a decision, a top oil ministry source said today. RIL has sought …
New Delhi The power ministry has stuck to it its original proposal to levy a total of 21% import duty on power equipment despite changes sought by a host of central ministries seeking higher duty protection for the domestic engineering firms such as Bhel and L&T.; In a recent draft …
