Mytrah Energy Ltd. has proposed to add another 270 MW of wind-based power taking its total operational capacity across the country to 610 MW by mid-2013.

The two-year-old Independent Power Producer company with a revenue of Rs.165 crore in the first half of the current fiscal and a projected profit before tax of Rs.55 crore to Rs.66 crore during 2012-13 will invest Rs.2,000 crore in the next one year.

The Kerala State Electricity Board (KSEB) on Thursday filed a petition before the Kerala State Electricity Regulatory Commission (KSERC) virtually seeking a second tariff revision within a matter of two months.

Only in July the commission had issued a tariff order permitting the KSEB to increase the tariffs across the board to net an additional revenue of Rs.1,676.84 crore annually from the power consumers. This tariff hike had nearly bridged an annual revenue gap of less than Rs.1,900 crore the KSEB had projected in its budget for 2012-13 presented before the commission at the start of the year.

14-hour power cut coupled with high cost of diesel takes a toll

Unable to cope up with 14 hours of power cut a day and high cost of diesel to run generator sets, BHEL Small and Medium Industries’ Association (BHELSIA) has kept its options open on exploring alternative sources for power generation. The association intends to determine feasibility for establishing a 10 MW captive unit, or see if solar power generation will serve their requirement. For, at the prevailing cost of diesel, the units are unable to survive by running generator sets for backup power. The ancillaries are prepared to invest on generator sets, but are unable to meet the recurring cost towards fuel. However, the proposal for establishment of captive power plant will be pursued only in the long run.

Power utilities may continue to delay projects due to inadequate fuel supply

Cabinet approves Rs. 1.90-lakh crore turnaround package

Consumers nationwide should brace themselves for higher electricity tariffs, with the Cabinet Committee on Economic Affairs (CCEA) on Monday approving a Rs. 1.90-lakh crore debt restructuring package for the State Electricity Boards to facilitate a turnaround of the State distribution companies (discoms). The CCEA, which met under the leadership of the Prime Minister, approved the package that will force the distribution companies, which are in the red, to begin a fresh round of tariff increase.

The company is best positioned among its peers in terms of fuel availability and depends for only up to 10% of its total requirement on imported coal

After its initial public offering in 2004, followed by a follow-on offering in 2009, the finance ministry is proposing to disinvest another 9.5 per cent stake in India's largest power producer —NTPC — according to media reports. The management though, has denied any such development.

Jharkhand State Electricity Regulatory Commission (JSERC) issued a showcause notice to Jharkhand State Electricity Board on Monday, seeking an explanation on its inability to provide quality power

Business: Standard & Poor’s has said it expects no significant reforms in the Indian energy sector before the general elections, heightening concerns that this could keep India in line for a ra

Reforms, competition in distribution and ending coal monopoly are the only antidotes to power failures

The Vallur thermal power project, a joint venture project of the erstwhile Tamil Nadu Electricity Board (TNEB) and the NTPC, should have supplied at least 375 megawatt of electricity to Tamil Nadu nearly two years ago – October 2010. The State should have got another 375 MW from the project in April 2011 and 375 MW more in October 2011.

This was the schedule of the project made public three years ago. In two weeks, it is going to be five years since the formal inauguration of work on the project.