The International Energy Agency says electricity tariffs for industrial segments in India are among the highest in the world, which, in turn, impacts competitiveness.
Canadian companies have the potential of being involved with the expansion of the railway system. We are very interested in that, said Marc Garneau.
Among suggestions before mines ministry, the steel ministry’s inputs on ensuring iron ore availability for steel firms and developing Special Mining Zones may help the latter achieve its iron ore targets.
The official informed that the current available capacity at Indian airports is 282 million passengers per annum, whereas the demand forecast for 2020-21 is 396 million passengers per annum.
The Niti Aayog has suggested steps to the mines ministry such as involving mining consultants during the auction process, defining an ‘ideal’ taxation system and avoiding putting conditions while granting green clearances, to make the new National Mineral Policy attractive.
Under the 'Project Loon', the internet giant would use balloons floating at a height of 20 kilometers above earth surface for transmission of internet services.
With new norms set to kick in from December, power ministry hassaid that immediate phasing out of ‘not interested’ plants or those with ‘space constraint’ will lead to debt & equity erosion of over Rs 20,000 crore.
Even as the yearly increase in ATF prices may be slower in India than the global average, on an absolute basis though, it is significantly more expensive for airlines here.
In a presentation, the new power minister was informed about issues that are holding back progress in the hydropower sector.
Due to joint test of coal samples and Coal Controller’s Organisation’s regular actions, the quantity of stones and boulders in coal supply has fallen over the past few years; however, NTPC expects CIL to take more steps to improve the quality further
Trai chairman R S Sharma, in an interview with The Indian Express, pointed out that IUC should not be seen as a “profit vertical” by telecom companies, and consequently should not have any impact on the stressed sector.
JSW advised to draw up a programme of cooperation between various exploration agencies for speeding up exploration; foreign companies specialised in exploration can also be identified and invited for this purpose.
Some wind power companies are resorting to employee retrenchment as part of their efforts for ‘costs optimisation’ as they take hit on revenues due to a shift from feed-in-tariff to auction model and piling-up of inventories.
Gopal Singh, after taking over the additional charge of CMD of CIL, is looking to replicate the Kayakalp model of governance in the long run.
From lowering net worth cap for firms to permitting states to proceed with auction even if qualified bidders are less than three, Centre’s draft amendments to Mineral Auction Rules, 2015, hopes to attract a larger set of bidders
The coal ministry, however, has told The Indian Express that only 5 private power plants — of the aforementioned 18 — are linked to the CCL and “coal dispatches to these plants” is in proportion “to the payments made by the plants to the coal company”.
Madhya Pradesh has become the latest state stonewalling Centre’s bid to promote renewable energy by ranking available sources of generation based on the ascending order of prices, after Tamil Nadu and Rajasthan, which issued random backing down instructions.
According to an answer given by Union minister Harsh Vardhan to a question in the Lok Sabha last month, 1,877 proposals for environmental clearance were received by the Centre between January 2014 and December 2016, of which 1,168 were given the nod.
Widening of national highways, laying of GAIL pipeline and commissioning of transmission lines for Kudankulam units are the 3 major delayed projects in the state that have now got a fillip.
The Central government and states’ investment in infrastructure sectors put together is estimated at 88% of their original Plan estimates
Power distribution utilities in Tamil Nadu, Madhya Pradesh, Maharashtra and Rajasthan are reported to be delaying payments to generators of wind and solar power by 6-12 months, which is putting the cash flow of most of the smaller renewable firms under severe stress
HPCL’s employees not getting salary for 6-9 months, while Namrup plants of BVFCL are still awaiting MoU to set up a new plant by phasing out ageing units
A senior government official said that a 100 per cent stake sale of the airline would be difficult, considering it would make all the files of Air India private property of its new owner, and the ongoing case by the CBI into the purchase of 111 aircraft might face hurdles because of it.
As India’s solar sector is seeing a huge growth, the country has been observing a massive demand for solar and PV cells as well as their modules. According to the commerce ministry, India imported 161.57 million and 216.49 million solar and PV cells in 2014-15 and 2015-16, respectively.
‘Most severe shock of 15% of restructured standard advances and 10% of standard advances becoming NPAs will eliminate banks’ profits for 2016-17’
Beginning Ken-Betwa river-linking project in 2017-18 and completing it in 6-7 years, wrapping up Bansagar Dam project by March 2018, and bridging gap between irrigation potential created and utilised are some of the targets set by the joint working group
Union Minister Nitin Gadkari, recently called for running a ferry service between Kerala and Tamil Nadu and committed Rs 200 crore to form a Water Transport Corporation in cooperation with TN government to run the ferry service.
Sand mining is regulated by the respective state governments. Across the country, there have been major developments related to illegal sand mining recently.
The draft evaluation template has been sent to state governments for comments, on the basis of which ratings for leases of minerals such as clay and sand will be decided
Incidentally, Uttar Pradesh has the largest road network in the country spanning about 8,483 km. Rajasthan came in second in terms of toll collection, with revenues of Rs 572 crore, according to data from the Ministry of Road Transport and Highways.
Despite a relatively robust position in its nuclear business, Russia’s state atomic energy corporation Rosatom is pushing the envelope by revving up renewable projects in sectors such as wind energy and small hydro.
High on Nitin Gadkari's agenda are the four strategic road projects along the China border in Northern, Eastern and Southern parts of Arunachal Pradesh with a combined road length of 568 km at a total cost of around Rs 7,500 crore.
5,000 trillion kWh per year energy incident over India's land area makes solar a very lucrative option. However, factors like absence of manufacturing facility for silicon wafers, viability of projects due to progressively lower tariffs and looming grid management issues could create roadblocks
The village, a one-of-its-kind infrastructure platform, will anchor movement of goods by railways and roadways ultimately dovetailing with the waterways’ scheme of things, as per plans.
With state-run carrier Air India reeling under financial pressure, the chorus for its disinvestment has off late gained momentum, with Finance Minister Arun Jaitley being the latest to have suggested the same.
Direct funding from external agencies available only for project with regular revenues that are able to provide for repayment of principal and interest