India

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.

India's Finance Ministry is intervening in power project loans after disbursements failed to materialize.

The average power capacity of India’s nuclear plants has improved to 78% during 2011-12 (April- October) against 71% in 2010-11, largely due to the increased uranium imports, according to the latest data provided by National Power Corporation of India Ltd. The imports of uranium is largely from France and Russia and now the possibilities are high of getting yellow cakes from Australia too. The country is going ahead with new projects and also enhancing the already existing plants with better technology and fuel availability. The advancement in the India’s nuclear sector has come at the perfect time as the shortage of Coal was creating problems to meet the energy needs of the country. Many countries put back it nuclear projects after the destruction of Japan’s six-reactor Daichi Fukushima nuclear power complex by an earthquake and tsunami. But the rising BRIC economic superpower, India, has been going along with the proposed project with modifications like improved safety technologies etc. The opposition against nuclear plants are high but the government feels that it could be manageable. The major protests were seen in Kundankulam Nuclear Power Project in Tamil Nadu and also in against the proposed 9,900 megawatt Jaitapur Nuclear Power Plant. For India, use of nuclear energy is of great importance as it is carbon free(Clean energy and no green house gas emission) and could benefit countries seeking both power expansion and winning plaudits for reducing greenhouse gas emissions. Currently, there are 20 nuclear reactors being operated by NPCIL which add up 4,780 MW. India in its 12th five year plan (2012-17), more important would be given to power generation and plans to accelerate the nuclear power generation to 20,000 mega watt by 2020 from the existing 4780MW. Commodityonline.com  

India's Income Tax Appellate Tribunal struck down an order for collection of Rs 158 from Grid Corporation of Orissa  for the amount paid to Orissa Power for power transmission charges during 2008-09.

Four leaders of Pakistan People`s Party have asked Prime Minister Yousuf Raza Gilani to scrap the government`s rental power policy.

 

Suzlon Energy received a fourth consecutive order from GAIL consisting of 11 units of its S88-2.1 megawatt wind turbines, totalling to 23.1 megawatts.

The World Bank expects to invest about $1.5 billion in India's energy sector over the next two years.

And guess how much funding SunEdison got from Overseas Private Investment Corporation?