India

JSW Energy has moved higher by 8% to Rs 44.25 on reports of a go-ahead from the Maharashtra Electricity Regulatory Commission to sell power to its group company.

Suzlon Energy has won a contract worth Rs4.7bn or $90 million from Coromandel Wind Energy Company.

The Khyber Pakhtunkhwa government and farmers have accumulated over Rs400 million arrears in power tariffs.

BHEL is trying to commission the steam turbine of the Pragati Bawana Combined Cycle Gas Turbine unit-ST-1 a month in advance.

The country's largest hydel project seems to have run into trouble owing to poor financial condition of its contractor.

BHEL has now dispatched the generator shaft for unit-IV of Koteshwar hydro electric project after more than a month completiing uts repair.

India's capacity addition in the month of October 2011 was dismal, as compared to the previous month. The Central Electricity Authority's latest figures show that the country expanded capacity by 345 MW, as against a target of 2,373 MW. The addition is 85.5% below the target, whereas it had exceeded its target by 36% in September 2011. A majority of this shortfall in capacity addition is attributed to the thermal sector, which fell short of the targeted 2,000 MW by 1,655 MW. There was no contribution from of the hydro sector. Furthermore, the nuclear and renewable energy sectors did not add to the capacity addition during the month. There was no capacity addition achieved against a target of 338 MW under the central scheme and the poor performance of state schemes was reflected in zero capacity addition during the month, as opposed to a small target of 250 MW. Consequently, the private sector has performed better with an achievement of 345 MW, as compared to a target of 1,785 MW. The Indian government had fixed 78,700 MW as a target for capacity addition in the 11th Plan, which was later modified to 62,374 MW during the mid-term appraisal  by the Planning Commission.

Indian entrepreneurs are utilizing expertise from abroad with government subsidies to set up floating solar power plants.

Karnataka Power Corp is seeking to buy 5 million metric tons of imported power plant coal annually for 10 years in its biggest ever coal tender.

South Asian countries were asked to ink a treaty for regional cooperation in the energy sector.

Two more projects under India’s Jawaharlal Nehru National Solar Mission are set to miss their financial completion deadline.

Ten new nuclear power projects are part of India's 12th Five Year Plan, from 2012-17.

Azure Power India has been supplied with a €10 million or US$13.6 million risk capital in compulsory convertible debentures by Deutsche Investitions – und Entwicklungsgesellschaft .

The Indian government has formally announced new rules which cap the liability of nuclear equipment suppliers in case of accidents.

Generation from thermal power stations in all regions in India fell short of the October target.

Investments in India's power sector are slowing despite a chronic electricity shortage.