India

Suzlon Energy faces serious debt crisis

The world’s fifth largest maker of wind turbines needs to repay foreign currency convertible bonds of US$360 million in June and US$207 million in October.

Suzlon Energy faces serious debt crisis

The world’s fifth largest maker of wind turbines needs to repay foreign currency convertible bonds of US$360 million in June and US$207 million in October.

Solar power gains popularity in Pabnaq

Erratic supply of electricity caused the people of the district of Pabnaq in Bangladesh to turn to solar power.

Plan under study to raise Pakistan power tariff by 12%

Pakistan plans to raise power tariffs by 12% to bridge the gap between the cost of service and the power purchase price.

Pakistan's IPPs burdened by lack of payment from govt

The Pakistan government’s failure to pay IPPs as per agreements has made day-to-day operations difficult, said higher officials of IPP’s.

24 hydro power projects pending due to environmental clearance: K C Venugopal

As many as 24 hydro power projects, having capacity above 25 MW, are pending for want of environmental and forest clearances, Minister of State

CIL signs fuel supply pacts with 10 power firms, says Zohra Chatterjee

"It's ten on last count...everyday they are doing," Zohra Chatterjee, Additional Secretary, Ministry of Coal, told reporters on the sidelines

33 Indian power plants have coal stocks of less than 7 days

Out of India's 89 powerplants, 33 were found to have coal stocks barely enough to generate power for 7 days.

Tata Power buying into clean energy companies

Tata Power aims to source a fourth of its power from renewable energy sources.

Japan to Model Trillion-Yen Tepco Bailout on 2003 Bank Rescue

Japan intends to take control of Tokyo Electric Power Co. (9501) in return for bailing out the beleaguered utility, following a model it adopted to rescue the nation’s fifth-biggest bank.

Rajahastan scraps power project tenders won by BHEL

A Rajahastan state government company has scrapped Engineering, Procurement and Construction tenders for upcoming new super critical units.

Tripura bets on upcoming units to improve power situation in state

The power deficit state of Tripura has had to resort to frequent load shedding during peak hours. Forced shutdowns and retired units

Uttarakhand 450MW plant ready to fire, but no gas in sight

The first phase of the Sravanthi Energy`s 450 MW gas based power plant in Uttarakhand is ready for commissioning.

India considers Qatari investments in natural gas sector

India proposes a novel solution to its growing natural gas problem.

India set to become world’s third largest energy user

Economic growth will drive India into becoming a massive user of all kinds of energy.

Bangladesh oil-gas body seeks cancellation of rental power plant deals

A Bangladesh oil-gas body is seeking the  cancellation of rental power plant deals.

Power Ministry to notify short-term power purchase norms next month

The guidelines, prepared after consultations with stakeholders, would be applicable for power being procured for a period of less than one year.

Global venture funding in wind energy sector touched $240 million

Wind energy may have attracted lukewarm response in India but global venture funding in wind energy sector touched $240 million with record 12 deals during first quarter of 2012 according a report by Mercom Capital Group.