New Delhi Bhutan is likely to cut power export to India in coming years even as it plans to import electricity during winter. Bhutan is expected to slash power export to India as the neighbouring country’s own electricity consumption rises fast due to industrialisation.

This move may force India to review its strategy to meet long-term power requirement.Power import from Bhutan is progressively declining as availability of surplus electricity in the neighbouring country thins due to its rising consumption.

New Delhi India is banking on its wind power potential to meet the renewable energy target set under the National Action Plan on Climate Change (NAPCC) for the 12th Five-Year Plan (April 2012- March 2017).

NAPCC aims to increase the share of renewable energy in the overall grid power from 5% in 2009-10 to 15% by 2020, increasing it by 1% each year. But several states have lagged behind the target due to shortage of renewable power.

New Delhi Just a day before the Election Commission was set to issue the notification for the 2009 general election, the United Progressive Alliance-I government had hurried to allocate large capti

New Delhi The CAG might choose to call it “unintended benefit” to certain firms rather than loss to the exchequer, but the policy of captive coal blocks formulated in 1993 has clearly given ample opportunity for a veritable cross-section of corporate India to grab the dwindling natural resource for a song and make undue profits at the cost of consumers.

New Delhi Reliance Power has made it clear that it will not go ahead with the implementation of its R17,500-crore Krishnapatnam ultra mega power project (UMPP) in Andhra Pradesh unless contracted buyers agree on tariff revision to accommodate the increase in fuel cost from the recent change in the Indonesian coal pricing law.

Sources said that the private developer has invoked the ‘force majeure’ clause of the power purchase agreement (PPA) and served notice on power procurers seeking negotiations for tariff revision.

New Delhi A committee, set up by the government to probe alleged irregularities in the solar mission project bidding, has questioned top executives of companies facing charges of fronting for Lanco Infratech.

The Centre for Science and Environment (CSE) recently accused Lanco Infratech of flouting rules for bagging projects under the national solar mission, a charge the company has refuted.

New Delhi The coal-rich Jharkhand state is set to get a second ultra mega power project (UMPP) soon, with the power ministry clearing a project in Deogarh district, sources said.

This will be the seventh UMPP to be launched in the country. Major industry players like Tata Power, Lanco, Adani, JSW Energy, Indiabulls, Jaiprakash Group as well as public sector generator, NTPC, are expected to participate in bidding for the project which would offer a R20,000 crore investment opportunity.

New Delhi The government is considering setting up a separate corpus out of the existing national clean energy fund to help finance renewable energy projects. Finance minister Pranab Mukherjee is likely to announce this in the forthcoming Budget.

The proposal is that the government will set up the corpus out of the money collected in the clean energy fund and, then, seek matching contributions from multilateral agencies like World Bank as well as the private sector, sources said.

New Delhi NTPC Vidyut Vyapar Nigam (NVVN), the nodal agency for implementing the National Solar Mission, has encashed the bank guarantee of 14 developers who failed to meet the commissioning deadli

New Delhi With the government preparing to rationalise gas distribution from RIL’s KG-D6 block in the wake of a drop in production, Lanco and GMR plants in Andhra Pradesh are a worried lot.

Lanco’s Kondapalli power plant expansion and GMR Tanir Bawi power plants in Andhra Pradesh, which are earning a fortune by selling power in the free market, are facing cancellation of gas allocation from RIL’s KG-D6 block.