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NTPC subsidiary incurred Rs 137.87-cr loss due to failure to meet CERC norms: CAG – EQ Mag Pro

In a performance audit report, the CAG has said that an NTPC subsidiary incurred a loss of Rs 137.87 crore due to its failure to achieve the norms fixed by the CERC The NTPC subsidiary failed to achieve the norms fixed by CERC for gross station heat rate, auxiliary power consumption and specific fuel oil […]

Haitai Solar With 8 GW Module Production Capacity In China And Vietnam Listed On Beijing Stock Exchange – EQ Mag Pro

Tamil Nadu Power Sector Companies Incurred Rs 13,000 Crore Loss: CAG

According to the report tabled in the Assembly the Tamil Nadu Generation and Distribution Corporation Ltd (TANGEDCO) last fiscal suffered an increased loss of Rs 4,862 crore mainly due to higher costs Increased power purchase, coal handling, financing and employee costs has resulted in the five Tamil Nadu state power sector companies incurring a loss […]

Lok Sabha passes bill to promote non-fossil fuels – EQ Mag Pro

Private firms fear aggressive bidding by Power Grid, write to CAG

The nine transmission projects in question, with and estimated cost of about Rs 2,700 crore, were recommended by an empowered committee on transmission for more than 19,000 mega-watt of renewable energy plants. Private power transmission companies are apprehensive that state-owned Power Grid Corporation of India (PGCIL) would quote “unreasonably low” prices in the upcoming bids […]

Lok Sabha passes bill to promote non-fossil fuels – EQ Mag Pro