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Daily Archives: October 17, 2011

Power woes continue in Kerala on uncertain supplies, poor generation

According to reports, problems in coal supply at Orissa’s Talcher power plant and sub-optimal generation at the Ramagundam plant in Andhra Pradesh — triggered by the Telangana row — has caused a power crisis in south India. Kerala is running short of over 550 Mw power in its central share, including 230 Mw from Talcher, 135 Mw from Ramagundam, 93 Mw from Neyveli, 44 Mw from Simhadri and 50 Mw from the unallocated supply. The KSEB had called off daytime ... Read More »

Moser Baer workers go on strike demanding wage hike

According to reports,Even as the logjam at Maruti’s Manesar plant continues, another strike has commenced at solar panel and CD-maker Moser Baer’s Noida unit, where workers are demanding a revision in wages and bonuses. “Unfortunately, a very small group of approximately 150 associates from the packaging section of one of our optical disc plants, out of around 10,000 associates, have come up with unreasonable demands,” Moser Baer India CEO (Blank Optical Media & Consumer Electronics) Bhaskar Sharma said. However, he ... Read More »

Khosla raises bet on clean tech with $1.05-bn investment fund

According to reports, Vinod Khosla, the billionaire venture capital investor, is increasing his bet on clean technology. Khosla Ventures, the venture capital company he formed in 2004, will steer as much as 65 per cent of its new $1.05 billion fund to support businesses developing renewable sources of power, energy-efficiency technology and LED lighting products, Khosla said. In supporting early stage companies working on unproven technology, Khosla expects some to fail. Lawmakers in Washington have criticised a US Energy Department ... Read More »

Himalayas-Best place to harness solar power in India says Japanese researchers

According to reports, Researchers in Japan claim the Himalayas have a large potential of photovoltaic (PV) electric power generation from sunlight that can supply energy to India and China. They suggest these mountains could be more ideal than hot deserts for locating solar power generators. The research by Kotaro Kawajiri and colleagues at the National Institute of Advanced Industrial Science and Technology in Tsukuba, Japan, appears in the latest issue of American Chemical Society (ACS) journal Environmental Science & Technology. ... Read More »

Second batch of solar bidding in India sees applications for 2500MW of projects

According to reports, India’s solar power sector is gathering steam, with 150 companies rushing in to offer 2,500 megawatts of projects for the second round of bidding, seven times the allocated capacity of 350 mw for which bids were invited, raising hopes that electricity tariffs from the renewable source would fall below Rs 10 a unit. About 150 companies are in the fray for 218 projects worth Rs 3,500 crore in the second round of projects under the Jawaharlal Nehru ... Read More »

Won’t slash oil subsidies now, but will phase them out eventually: Finance Minister, India

According to reports, amid pressure to lower oil subsidy, finance minister Pranab Mukherjee on Saturday ruled out removal of government support citing volatile fuel prices. While reiterating India’s commitment to phasing out fuel subsidy, Mukherjee made it clear the government will adopt a “no one-size-fitsall approach to reform the subsidy regime” . Pointing to the steps taken to deregulate petrol prices and hike diesel prices, the finance minister highlighted efforts related to direct subsidy transfer. “Even as we remain committed ... Read More »

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