Modi sets 1,000-day deadline to power up India villages

Last Updated: Saturday, August 15, 2015, 09:35

Prime Minister Narendra Modi set a 1,000-day deadline Saturday for every village in India to get electricity as he emphasies his commitment towards combatting poverty.

IDFC to set aside additional Rs 2.5K cr as special reserve

Last Updated: Friday, July 31, 2015, 20:42

IDFC on Friday said government's moves on gas and power sector have not had desired impact and it is forced to create a special reserve of Rs 4,500 crore to cover expected losses from power sector loans, which will ring-fence its soon-to-be-launched universal bank.

Goyal assures Centre's push to develop energy sources in J&K

Last Updated: Monday, June 15, 2015, 14:14

During the meeting, a joint venture agreement between NTPC, JKSPC was assigned for development of thermal power for the state and MoU between J&K government and JKPDD-BEE (Bureau of Energy Efficiency) was signed to bring out energy efficiency in power transmission and distribution in the state.

Alstom-NTPC JV gets Rs 206 cr GSECL order

Last Updated: Wednesday, May 20, 2015, 15:44

The retrofits will boost turbine efficiency by around 14%, thus potentially cutting down coal consumption and carbon dioxide emission.

Southern states to get affordable power in 2 years: Goyal

Last Updated: Saturday, May 9, 2015, 19:46

The Centre has formulated a Rs 27,000 crore project for generating 6,000 mw power in another two years to provide 24x7 affordable electricity to southern states, Power Minister Piyush Goyal said here on Saturday.

IDFC to increase provisioning for exposures

Last Updated: Monday, May 4, 2015, 18:37

The power sector comprises 40 percent of IDFC's book, which decreased 8 percent in FY15 to Rs 54,745 Cr.

Will upgrade old power plants into UMPPs: Goyal

Last Updated: Wednesday, April 29, 2015, 14:31

The government is looking at the option of upgrading existing power plants into larger capacity Ultra Mega Power Projects (UMPPs) using clean technology and to offer them in plug and play mode, Power Minister Piyush Goyal said on Wednesday .

India misses power capacity addition target for 2nd year in row

Last Updated: Tuesday, April 28, 2015, 14:27

India has missed the power generation capacity addition target for the second straight year in last fiscal, a report said.

Modi's coal turnaround to ease India''s chronic power cuts

Last Updated: Thursday, April 16, 2015, 04:54

Fewer power cuts are likely in India this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.

Govt aims to bring down energy usage by 10% in 5 years: Goyal

Last Updated: Monday, April 13, 2015, 18:23

The government aims to bring down energy consumption in the country by 10 percent in the next five years, Power Minister Piyush Goyal said today.

Govt cuts natural gas prices by 8% to $4.66 per unit

Last Updated: Tuesday, March 31, 2015, 16:50

Natural gas prices was Tuesday cut by about 8 percent to USD 4.66 a unit to reflect the softening in international prices, a move that will lower electricity and fertiliser costs.