Category Archives: Power

• UAE’s first solar-powered gas station opens in Dubai

  Posted on April 27, 2017 by Diligentia News in Power.

  A government oil company in the United Arab Emirates says it has opened the country’s first solar-powered gas station in Dubai. The Dubai-owned Emirates National Oil Company said on Wednesday the service station on the city’s main Sheikh Zayed Road thoroughfare is covered with solar panels that can generate up to 120 kilowatt hours. ENOC […]

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• Pollution tapers solar yield by 25 per cent: Study

  Posted on April 26, 2017 by Diligentia News in Power.

  India is making a big push for solar energy, with power capacity expected to double this year. But some of the gains, especially in north India, could be offset by a growing problem: air pollution. A new study, the first of its kind in India and one of a handful globally, has found that dust […]

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• Govt giving top priority to addressing bad loans issue:Jaitley

  Posted on April 26, 2017 by Diligentia News in Power.

  Finance Minister Arun Jaitley has asserted that the government was giving top priority to addressing the issue of bad loans while acknowledging that the problem of non-performing assets was “adversely impacting” the Indian banking system. Speaking at the Council on Foreign Relations here, Jaitley termed the resolution of the Non-Performing Assets (NPAs) as the “one […]

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• Solar power presents huge refinancing opportunity: India Ratings

  Posted on April 21, 2017 by Diligentia News in Power.

  India Ratings and Research (Ind-Ra) estimates a possible refinancing opportunity for more than Rs 56000 crore out of the total debt of Rs 1.73 lakh crore across various infra sub-sectors in its portfolio till FY19. Of this, solar is expected to be in the forefront in terms of the number of deals with refinancing to […]

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• Clear dues forthwith or supply will be shut off, NTPC warns Tangedco

  Posted on April 21, 2017 by Diligentia News in Power.

  Power giant NTPC has issued notices to Tangedco as well as discoms in Karnataka and Telangana for not paying dues of 1,379.77 crore. Power generated by three units of 500MW each by NTPC-Tangedco joint venture NTPC TN Energy Company at Vallur has provided power to these discoms but since November last year the companies have […]

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• Government halves the size and financial aid for its largest-ever rooftop solar project

  Posted on April 20, 2017 by Diligentia News in Power.

  The renewable energy ministry has halved the size of its largest-ever rooftop solar tender and also cut the financial assistance offered for it. Ashvini Kumar, managing director of state-run Solar Energy Corporation of India (SECI), which had released documents related to a tender for installation of 1GW of rooftop solar plants across buildings of 12 […]

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• NTPC weighs pooling of fixed charges for coal & gas projects

  Posted on April 20, 2017 by Diligentia News in Power.

  India’s largest power producer NTPC Ltd is considering pooling fixed charges for all its coal and gas-based projects in a move that it claims will help maximise output from stations that generate low-cost electricity and reduce consumer tariffs. “As a state-run company, it is NTPC’s responsibility to see that electricity from all our cheaper stations […]

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• NTPC joint venture to cut power supply to 3 states over pending dues

  Posted on April 20, 2017 by Diligentia News in Power.

  A joint venture of state-run NTPC has decided to snap power supply to three states of Tamil Nadu, Karnataka and Telangana from its Vallure thermal station over non-payment of dues of Rs 1,388 crore. The NTPC Tamil Nadu Energy Company Ltd (NTECL) has issued a notice for regulation of power supply to Tamil Nadu, Telangana […]

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• Haryana government exempts solar devices from Value Added Tax levy

  Posted on April 19, 2017 by Diligentia News in Power.

  In order to give a boost to implementation of the Haryana Solar Policy and also to encourage entrepreneurs to set up ventures for manufacturing solar devices and equipment in the state, the Haryana Government today exempted solar devices and equipment or parts used in installation of solar power projects, from the levy of Value Added […]

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• Delhi’s power subsidy policy helps rich more than poor

  Posted on April 19, 2017 by Diligentia News in Power.

  Delhi government’s policy to subsidise power for households is undoubtedly among the most generous in the country but it is benefiting the rich more than the poor due to inefficiencies. While poor households on an average get subsidy of around Rs 1,000 per year as they consume less electricity, rich households end up benefiting by […]

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