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South India will be biggest beneficiary: Piyush Goyal

Last Updated: Monday, March 30, 2015, 20:39

Observing that lack of adequate transmission capacity was the biggest problem in South India, Union Power Minister Piyush Goyal on Monday said that his ministry's recent announcement to give support to gas-based plants would benefit the region.

Natural gas price to be cut by 9% to $4.56 from April 1

Last Updated: Monday, March 30, 2015, 10:44

The government had in October last year fixed natural gas price at USD 5.05 per million British thermal unit.

Power sector total loan from banks at Rs 5.83 lakh crore

Last Updated: Thursday, March 19, 2015, 18:24

The total outstanding credit to the power sector from various banks amounted to Rs 5.83 lakh crore at the end of 2014 but the government has no plans to reschedule the loans to electricity generating firms.

India 3rd least efficient coal-fired power generating nation

Last Updated: Friday, March 13, 2015, 16:51

Chinese and US companies generate power through "least efficient and most polluting form of coal-fired generation", followed by Indian firms at the third position globally, says a report.

Govt to train 7 lakh people by 2018 to meet power sector needs

Last Updated: Wednesday, March 4, 2015, 12:44

The government aims to train as many as 7 lakh people for various segments in power generation in line with its ambitious plans of producing 1,75,000 MW renewable energy 2022.

Coal auction to yield nearly Rs 1 lakh crore to states

Last Updated: Friday, February 20, 2015, 18:41

Respective states will get nearly Rs l lakh crore, including royalty, over the next 30 years from 16 coal blocks sold so far through the ongoing auction, a top government official said on Friday.

'Aggressive bidding in auction to be credit -ve for power cos'

Last Updated: Wednesday, February 18, 2015, 22:19

Rating agency Crisil Wednesday said the aggressive bids by companies in the ongoing coal blocks auctions, especially by the power sector, will be credit negative for them.

PM opens GE's multi-modal manufacturing facility at Chakan

Last Updated: Saturday, February 14, 2015, 13:35

Spread over 68 acres in MIDC Industrial Park at Chakan II, the facility will generate over 1,500 jobs.

AAP victory in Delhi elections not to have long-term impact on stocks, say investors

Last Updated: Tuesday, February 10, 2015, 11:50

Victory of the Aam Aadmi Party (AAP) in Delhi announced on Tuesday will have no long-term impacts to stocks, with Delhi being a small part of the overall market in India.

Cabinet note on tariff policy changes next week

Last Updated: Thursday, February 5, 2015, 19:11

The Power Ministry will come out with a Cabinet note on changes in Tariff Policy within a week for enabling greater competition in the sector, an official said.

Coal auction: 6-member panel to determine technical eligibility

Last Updated: Monday, February 2, 2015, 17:32

Government will constitute a panel to determine technical eligibility of bidders for coal mines in the upcoming auction.

WEF 2015: India's power sector set for $250 bn investment, says Goyal

Last Updated: Wednesday, January 21, 2015, 18:22

Speaking on the sidelines of the World Economic Forum (WEF) meeting, Goyal said his message to foreign investors is that India story is getting stronger and back to its high growth phase.