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, …
New Delhi: The Prime Minister’s Office has directed the power ministry to redraft a proposal for imposing duty barriers on power equipment imports, even as private power producers cried foul, saying such a move would push up tariffs. At a meeting on Wednesday, PM’s principal secretary Pulok Chatterejee asked the …
New Delhi The stagnation in domestic gas and coal production has led to a revival of interest in the liquefied natural gas (LNG) business, despite it being the most expensive fuel for power generation. Among the growing list of energy companies looking at the LNG business are government-run Indian Oil …
Mumbai Tata Power has put on hold all new imported-coal-based projects, its chief financial officer said, warning that it would be a challenge for the company to meet its target of a five fold increase in generating capacity by 2017. The country’s power generators have been slow to add much-needed …
Tata Power has put on hold all new imported-coal based projects, its chief financial officer said, warning that it would be a challenge for the company to meet its target of a five-fold rise in generating capacity by 2017. The country's power generators have been slow to add much needed …
Tata Power Co Ltd, India’s largest private power producer, is looking at bidding for projects in countries with easy regulatory norms, with South and West Asian nations being high on the priority list, a top official said. The company has already set up a crack team of “seed staff”, which …
The coal scare for the embattled power sector is only set to get worse. While the Planning Commission’s Working Group for the Twelfth Plan has pegged the requirement for coal imports at 213 million tonnes (MT) by 2017, fresh estimates made by consulting firm Mercados suggests that only about 114 …
The iron and steel sector is non-transparent, non-compliant with weak environmental norms and is getting away with it because of an even weaker regulatory framework When the Centre for Science and Environment (CSE) started its Green Rating Project in the mid-1990s, India had just liberalised its economy. There were fears …
Bangladesh will produce 5,000 megawatts (MW) of electricity from nuclear energy by 2030, Finance Minister Abul Maal Abdul Muhith told parliament while presenting the budget for the fiscal year to June 2013. Listing a number of plans to augment electricity production in this energy-starved country, he said that to meet …
Kolkata Coal India (CIL) has dropped plans of importing coal directly and will instead ask MSTC to import on its behalf if it is forced to import coal to meet its supply obligations. A CIL official told FE that the company has decided to keep itself free from any import …
The US Commerce Department will begin imposing duties on wind tower imports from China, after finding that producers receive unfair government support. The move is expected to ratchet up tensions between the two trading partners, which have escalated quickly over the past few months over competing claims from both sides …
This Provisional coal statistics incorporates provisional information regarding coal, coal products and lignite of the preceding financial year along with few years on reserves, production, dispatches, pit-head closing stock, import and export of coal etc. It also contains information regarding captive blocks. The publication of this Provisional coal statistics should …
ISLAMABAD, 30 MAY: After two days of talks concluded here yesterday here on the potential for trade in petroleum products between India and Pakistan, reports on the results differed, perhaps reflecting continuing tensions between the two countries. India has offered to build a pipeline from Jalandhar to the Wagah land …
New Delhi: Team Anna on Wednesday refused to back off from its demand for an “independent” probe into its charge that Prime Minister Manmohan Singh was culpable in ‘coalgate’, despite Singh’s offer to quit public life if there was even a shred of proof against him. The activists led by …
Dismissing allegations of corruption against Prime Minister Manmohan Singh levelled by Team Anna, Coal Minister Sri Prakash Jaiswal on Sunday said all decisions on allocation of coal blocks were taken with the consent of the state governments in a transparent manner. “Not a single coal block has been allotted without …
Record growth over the last year pushed the UK green goods and services market past the £122bn mark, according to new government figures that reveal the low carbon economy now employs almost one million people. The sector grew 4.7 per cent against the 2009/10 figure of £116.8bn, providing an additional …
NTPC Ltd, India’s biggest power producer, said it plans to spend as much as $15 billion (Rs 82, 521 crore) over a decade to secure overseas coal supplies as prices of the fuel tumble to a 19-month-low. The utility may sign five- or 10-year contracts for the first time to …
Indian Oil Petronas Private Limited, a joint venture between Indian Oil Corporation Limited (IOCL) and Petronas Malaysia, is setting up an LPG (liquefied petroleum gas) import-export terminal at the Ennore Port. The new facility will have a tankage capacity of 30,600 tonnes and will attract an investment of around Rs …
Agriculture output topped the target by 7 million tonnes last year, thanks to good monsoon After clocking a record food grain production of over 252 million tonne in 2011-12, the government now targets 250 million tonne of production in the crop year of 2012-13. “We have set a conservative food …
The United States imposed punitive tariffs on solar panel imports from China, the latest in a series of trade disputes between the world's two biggest economies and sparking accusations by Beijing of protectionism. The new tariffs of around 30 percent, much bigger than had been expected, were set on Thursday …
Pakistan will finally ink the gas deal with Turkmenistan in Ashgabad on May 23-24 under which it would start importing in 2016 the gas of 1.365 bcf per day under $ 7.6 billion TAPI gas line project at a cost of 70 per cent parity of crude oil at Multan …
