Gas Pipeline Deal Soon With Iran

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Iran, Pakistan and India would soon give final shape to the proposed three-nation gas pipeline, President Mahmoud Ahmadinejad said on Tuesday night.

Talking to the press after talks with Prime Minister Manmohan Singh, he said “We are now looking forward”.

Popularity: 25% [?]

Rural Electrification Corporation Limited

The Rural Electrification Corporation Limited (REC) was incorporated as a company under companies Act. 1956 in 1969 with the main objective of financing rural electrification schemes in the country.

The current mission of REC is to facilitate availability of electricity for accelerated growth and for enrichment of quality of life of rural and semi-urban population and to act as a competitive, client-friendly and development oriented organization for financing and promoting projects covering power generation, power conservation, power transmission and power distribution network in the country.

Objectives

1 To promote and finance projects aimed at integrated system improvement, power generation, promotion of decentralized and non-conventional energy sources, energy conservation, renovation and maintenance, power distribution with focus on pump-set energisation, implementation of Government of India scheme for electrification of all villages and all households by 2009 and other related works in rural and urban areas. Read more

Popularity: 24% [?]

Power Trading Corporation of India Limited

PTC India Ltd., (formerly known as Power Trading Corporation of India Limited.) the leading provider of power market solutions in India, is a Government of India initiated Public-Private Partnership, whose primary focus is to develop a commercially vibrant power market in the country and provide long-term intermediation between the project developer and the final offtakers of power. Read more

Popularity: 23% [?]

Ispat To Acquire Coalmines In Colombia Mozambique and Brazil

Ispat Industries is all set to acquire coal and iron ore mines in Colombia, Mozambique and Brazil. This move is in bid to secure raw materials for its expansion. Read more

Popularity: 15% [?]

Central Electricity Authority

The central electricity authority (CEA), a statutory organization constituted under section 3(1) of electricity supply act, 1948 which has been superseded by section 70(1) of electricity act, 2003, plays an important role in formulating policies and programmes for power development in the country and in planning and coordinating various development activities in Power Sector.

The central electricity authority advises the central government on the matters relating to the national electricity policy, formulate short-term and perspective plans for development of the electricity system and coordinate the activities of the planning agencies for the optimal utilization of resources to sub serve the interests of the national economy and to provide reliable and affordable electricity for all consumers. Read more

Popularity: 19% [?]

National Thermal Power Corporation Limited-NTPC

The National Thermal Power Corporation (NTPC) was incorporated in November 1975 with the objective of planning, promoting and organizing integrated development of thermal power in the country. National Thermal Power Corporation Limited is schedule ‘A’ ‘Navratna’ company having a total approved investment of Rs. 88,906.31 crore. Read more

Popularity: 25% [?]

Changes In Mineral Policy To Attract FDI

In a move aimed at attracting FDI into the mining sector, the Union Cabinet on Thursday gave its in principle approval to the new national mineral policy that allows more flexibility for private sector participation in this sector. The liberalization is expected to bring in FDI of $250 million per year in the sector.

The cabinet also gave approval for an independent dispute resolution setup, mining administrative appellate tribunal (MAAT) that will be made fully operational within six months. Read more

Popularity: 17% [?]

Heavy Electrical Industry In India

Heavy Electrical Industry covers power generations, transmission and distribution equipment. These include turbo generators, boilers, various types of turbines, transformers, switchgears and other allied items. The demand for power generation equipment depends upon power development programme targets. Read more

Popularity: 33% [?]

The Electrical Power In India

Energy is an essential input for economic development and improving the quality of life. Development of conventional forms of energy for meeting the growing energy needs of society at a reasonable cost is the responsibility of the government, development and promotion of non-conventional/alternate/ new and renewable sources of energy such as solar, wind and bio-energy, etc., are also getting sustained attention. Nuclear energy development is being geared up to contribute significantly to the overall energy availability in the county.

Power

Power development in Indian commenced at the end of the 19th century with the commissioning of electricity supply in Darjeeling during 1897, followed by commissioning of a hydropower station at Sivasamudram in Karnataka during 1902. In the pre-independence era, the power supply was mainly in the private sector that too restricted to the urban areas. Read more

Popularity: 19% [?]