News Updates

Union coal secretary Sushil Kumar said the government is all set to focus its coal production strategy on low ash clean for environment conservation as coal continues to remain the prime source of energy in India. He said that the government wanted to increase clean coal production through cleaning units (coal washeries) in different coal-producing states.

Public sector giant NTPC has lined up investments worth Rs.2648 crore for developing three coal blocks in Odisha. The state-owned behemoth plans to invest Rs.684 crore in the Dulanga coal block, which is linked to its Dariplalli super thermal power project that has the capacity to generate 1,600 MW of power.

NTPC Ltd has struck coal from the seams of the Pakri Barwadih mine in Jharkhand after the removal of around 7 lakh cubic metres of rock and soil overlying a mineral deposit. NTPC officials said the power producer was expected to lift coal from the mine.

Coal India, which is already more than 40 million tonnes short of its sales goal in the first eight months of this financial year, is likely to miss the year´s target by a large margin unless power demand picks up drastically, analysts indicated.

Tata Power will sell its 30 per cent stake in Indonesia-based coal company PT Arutmin for $246.64 million. ´The sale consideration for PT Arutmin is now revised to $246.64 million from the earlier value of $390 million, pursuant to closing adjustments relating to certain prior period liabilities, which includes settlement of past claims with mining contractor, pursuant to a court order (about $80 million as company´s share) and other statutory liabilities (about $50 million),´Tata Power said in

Global networked control room visualisation solutions leader Barco, has delivered an advanced video wall solution that empowers Uttar Pradesh Police to reduce crimes and reach to incidents within few minutes. The solution comprising of 180 Barco rear-projection LED cubes in multiple configurations at Lucknow centre will enable local responders across the state to offer aid in the quickest manner.

Leading power management company Delta hosted a seminar on ´Power Management Approach for Mission Critical Applications´, highlighting how energy efficiency can be improved and save cost for the industry owners.

India will see an investment of about $20 billion in gas field development in the next five to seven years and is looking to boost usage of the green fuel and double consumption, Oil Minister Dharmendra Pradhan said.

Leading renewable energy solution providers Suzlon Group, announced its maiden order win for 63 MW from Tehri Hydro Development Corporation India Limited (THDCIL), a JV of GoI and Uttar Pradesh Govt.