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Latest Articles in energy and power

Power Play

On 25 September 2013, as many as nine companies bought the request for qualification (RFQ) document for the Bhedabahal ultra mega power project (UMPP) in Orissa. Apart from government-owned NHPC and NTPC, the other interested parties were Tata Power, Adani Power, JSW Energy, Jindal Power, Sterlite Infraventures, CLP and L&T.

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Oil’s Well For A Fit Economy

The one thing finance minister Arun Jaitley does not have to worry about much in this budget is how to meet the fiscal deficit target of 4.1 per cent. Much of that work is being done outside of the country: the Organisation of Petroleum Exporting Countries (OPEC) has decided to not reduce crude oil production. In the process, global crude oil prices are tumbling by the day. In the 200-odd days that Narendra Modi has been in power, the India basket of crude has fallen by almost 60 per cent from $108.05 a barrel (on 26 May) to $43.36 a barrel (on 14 January).

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A Future Powered By Renewables

The Indian renewable energy industry is on the cusp of a major transition. The new government, under Prime Minister Narendra Modi, has charted a vision for clean and affordable energy with emphasis on renewables. Thus, renewables will play a significant role in achieving the energy security objective, promising to offer 24x7 energy access to all by 2019. The foundation for this role will be laid in 2015.

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Light At The End Of The Tunnel

Come March, india Inc. will heave a collective sigh of relief. Twenty-three coal blocks are set to be auctioned, thus ending a stalemate that has lasted close to three years.

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Jinxed Power Deals

Over the past year, India’s power sector has witnessed an unusual trend: a slew of deals to acquire distressed assets has fallen through at the last minute.

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