Govt comes out with 40 more coal mines for allotment, auction

Last Updated: Monday, January 12, 2015, 21:32

Taking the auction process forward, the government has put 40 more coal mines on offer for auction and allotment, of which 26 blocks would go to the power sector.

Punjab top state in terms of electricity coverage: Assocham

Last Updated: Monday, January 12, 2015, 18:51

The northern state has also registered an improvement in terms of electricity coverage during 2001-2011, industry body Assocham said in a release Monday.

Govt to invite bids for 4 UMPPs in 3-6 months: Goyal

Last Updated: Friday, January 9, 2015, 13:28

The government is looking to start a fresh process of inviting bids for ultra mega power projects (UMPPs) at four locations in the country in the next three-six months, Power Minister Piyush Goyal on Friday said.

Power ministry cancels UMPP bidding; to set-up committee soon

Last Updated: Thursday, January 8, 2015, 15:35

The government has abandoned the bidding process of two ultra mega power projects (UMPPs) in Odisha and Tamil Nadu and will soon set up a committee to move it forward.

Power Ministry to finalise draft Cabinet note on tariff policy by Jan 15

Last Updated: Wednesday, January 7, 2015, 17:31

Aiming to bring another set of reforms in the sector, Power Ministry is drafting a Cabinet note proposing amendments to the Tariff Policy for enabling greater competition in the sector.

Competition in power sector will help rationalise tariff: FM

Last Updated: Friday, December 26, 2014, 13:55

Competition in the power distribution sector will improve efficiency and rationalise tariff, Finance Minister Arun Jaitley on Friday said.

Government launches auction process for 24 coal mines

Last Updated: Thursday, December 25, 2014, 17:37

The government on Thursday kickstarted the auction process for cancelled coal mines with the launch of a portal for electronic bidding for 24 coal blocks in the first tranche.

Government launches e-auction portal for coal mines

Last Updated: Thursday, December 25, 2014, 11:52

The e-auction process, for which the guidelines were approved by the Union Cabinet along with the ordinance, would start with 24 coal mines.

First batch of e-auction of 24 mines to commence today

Last Updated: Wednesday, December 24, 2014, 18:15

The e-auction process, for which the guidelines were approved by the Union Cabinet yesterday along with the ordinance, would start with 24 coal mines on Thursday.

Govt for Rs 1-cr penalty on entities violating Electricity Act

Last Updated: Sunday, December 21, 2014, 14:37

Seeking to make penal provisions more stringent in the power sector, the government has proposed imposing up to Rs 1 crore fine on entities violating norms under the Electricity Act.

Power stocks light up, surge up to 12%

Last Updated: Thursday, December 18, 2014, 18:51

Shares of companies related to power sector soared nearly 12 percent Thursday after the government decision to set up Power System Operation Corp as an independent firm for ensuring neutrality of the transmission system operations.

Coal auction may push up fuel price for power sector: ICRA

Last Updated: Tuesday, December 16, 2014, 23:07

The auction of 74 coal blocks is likely to witness an intense competition among bidding companies and the exercise may push up the fuel price for power sector, rating agency ICRA said Wednesday.