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 Launch of WEC India Energy Portal: 31st January 2014
Shri
Anil Kr. Jain, Adviser (Energy), Planning Commission with his team
presented ‘India Energy Scenarios 2047’, an Excel based open source
Scenario model developed by the Planning Commission, to be launched
shortly in the public domain. This model is an interactive tool giving
option of four energy pathways to 2047.
WEC
India Energy Portal, a comprehensive one stop resource center developed
by WEC india was launched on the occasion by Shri Anil Razdan, Former
Secretary (Power). Shri Prabhat Kumar, Joint Secretary, MEA was also
present on this occasion.
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- Tata Power to sell stake in PT Arutmin
 Tata Power will sell its 30% stake in PT Arutmin to Bakrie Group for $500 million
- Tata Power sells mine in Indonesia for $500 mn
Revised data show GDP rose just 4.5% last fiscal, as FY12 rise was higher than estimated
- Peaking power policy may provide for up to 5-year contracts
 The
policy may also provide a pass-through of fuel price increases to help
fuel-starved power projects become economically viable
- Adani Enterprises Q3 net loss falls 84% on power tariff, coal issues
 Firm says the port and coal trading businesses continue to grow on a steady basis, but the power sector is beset by problems
- Tata Power exits Indonesian coal firm Arutmin for $500 million
 Tata
Power said it had agreed to sell its 30 percent stake in coal mining
firm PT Arutmin Indonesia to Indonesia's Bakrie Group for $500 million.
- 40% projects stuck due to environmental issues
Bengal to have own project monitoring group
- British nuclear plant detects elevated levels of radiation
 All non-essential staff asked to stay at home
- Arvind Kejriwal's power promises tripped? NTPC rejects Delhi govt plea not to stop supply to BSES Yamuna
 The
company had said banks are "alarmed" by Delhi Government's
"subsidy-led" approach to tariffs, regardless of actual cost of power.
- Delhi to face 10-hour blackouts from Saturday as BSES Yamuna says no money to buy power
 Large
parts of Delhi face blackouts for up to 10 hours a day from Saturday as
BSES’ distribution arm says it has no money to buy power as tariffs are
too low.
- After row with Arvind Kejriwal, Delhi discom warns of 8-10 hours of power cuts next week onwards
13 lakh electricity consumers in east, central Delhi could face up to 8-10 hours of load shedding.
- NTPC officials blame fuel, freight costs and royalty for higher power prices
 Executives
at NTPC are blaming higher expenses on fuel including for its
transportation and royalty payments for driving up electricity prices,
as the state-run power utility’s fixed costs have hardly changed in the
past several years.
- Brace yourself for 10-hour power cuts, says BSES Yamuna
Reliance Infra arm chief says fund crunch crippling operations
- Former MD of Birla Power Solutions arrested for alleged cheating
 Police
had registered a case against the firm for allegedly duping a
Worli-based businessman of Rs 1 crore by not repaying his fixed deposit
investment on maturity.
- Odisha extends MoUs of five power producers
Does away with contentious 'free power' clause
- CCEA fails to take up issue of coal blocks alloted to private companies
The Cabinet Committee on Economic Affairs today did not take up the
issue of 61 coal blocks alloted to private companies such as Tata Steel,
JSPL and Hindalco, which have been unable to develop the mines within
the stipulated timeframe. "It ...
- India overtakes Japan as world's No 3 crude importer
 India has overtaken Japan as the world's third-biggest crude oil importer in 2013, data showed on Thursday.
- Lanco Infra to sell Budhil Hydro Power to Greenko: Report
 Lanco Infratech is close to selling it’s Budhil Hydro Power Project to Greenko, sources with direct knowledge said.
- Natural gas prices may rise over $9 as US winter push up rates to 4-year high
 US
prices which were below $4 last year, have shot up to a four-year high
of $5.44 this week, while the European benchmark and LNG rates have also
climbed.
- Power utilities bat for regulatory certainty, rise in return on equity
Want return on equity to be increased to 18% from 15.5% currently
- NTPC evaluates 7 coal-based power projects for possible acquisition
 Chairman Arup Roy Choudhury says the projects are as large as 2,000 MW
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For more information Contact - WEC India Secretariat, C/o NTPC Limited,
7th Floor, Core-6, SCOPE Complex, New Delhi-110 003, India Email: info@wecindia.in, Phone: 011-2436 3719, Fax: 011-2436 9530, Website: http://www.wecindia.in
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