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NHPC raises Rs 750 crore through private placement of bonds

By : Sustainability ..., Apr 24, 2020

State-owned hydro power major NHPC on Thursday said it has raised Rs 750 crore through private placement of bonds at an interest rate of 6.80 per cent per annum for a loan tenure of 10 years. It added that this issue structure consists of a base size of Rs 500 crore with a...

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Subject Tags: bonds , hydro power , NHPC

India’s power demand fell by 32000 MW within minutes on April 5

By : Sustainability ..., Apr 7, 2020

India witnessed a plunge in the demand of power last night when people illuminate diyas and candles, and shut the lights off after Prime Minister Narendra Modi advised them to do so. This has been confirmed by the power ministry. R.K Singh, Minister of State Power and New...

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India seeks deferment of annual Indus meeting with Pak due to COVID-19, lockdown

By : Sustainability ..., Mar 27, 2020

India's has requested Pakistan to defer a meeting between their Indus Commissioners in the wake of coronavirus pandemic, officials said on Thursday. The meeting is scheduled for this week. However, Islamabad is yet to respond to New Delhi's request, offficials added. Indus...

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Renewable Energy: Four policies approved to boost industrial growth in J&K

By : Sustainability ..., Mar 24, 2020

In a bid to boost industrial growth, the Jammu and Kashmir Administrative Council, headed by Lt Governor G C Murmu, on Friday approved four policies for tourism, captive power, hydro power and renewable energy, and AYUSH care. The Administrative Council's decision comes in...

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Climate Change: How Himalayas are crucial for India's energy security

By : Sustainability ..., Dec 12, 2019

Around 81 per cent of the total hydropower potential in the country has been assessed to be existing in the rivers flowing from Himalayan glaciers and there is a high interdependence between the glaciers located in the Himalayas and the energy security of the country,...

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Rajasthan, TN, Karnataka to declare ''no new coal'' policy

By : Sustainability ..., Dec 6, 2019

Rajasthan, Tamil Nadu and Karnataka could follow in the footsteps of Gujarat and Chhattisgarh to declare a ''no new coal'' policy, a new analysis said on Thursday. This implies these states will not need any new coal power plants in the future, and all of their future energy...

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India touches solar power capacity of 32 GW

By : Sustainability ..., Nov 26, 2019

India installed a cumulative renewable energy capacity of 83.38 GW as on October 31, 2019, which included 31.69 GW from solar, 37.09 GW from wind, 9.95 GW from biomass and 4.65 GW from small hydro. This information was shared by power minister R.K. Singh in Lok Sabha (lower...

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NTPC may shell Rs 10,000 crore for Centre's stake in NEEPCO, THDC

By : Sustainability ..., Nov 22, 2019

Country's largest power producer NTPC may make an aggressive bid of about Rs 10,000 crore to buy out the Centre's stake in two hydro power producing companies - NEEPCO and THDC, two persons having knowledge of the development said. The Cabinet Committee on Economic Affairs (...

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Bhakra Beas Management Board signs MoU for 40 MW hydropower project

By : Sustainability ..., Nov 13, 2019

After 40 years of completion of Beas Satluj Link (BSL) project, 40MW hydel project would come up at Pandoh-Baggi tunnel. The Bhakra Beas Management Board (BBMB) has entered into an MoU with the Himachal Pradesh government for setting up of 40 MW Baggi power house in Mandi...

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India leads power industry tenders in Asia-Pacific for September 2019

By : Sustainability ..., Oct 23, 2019

Asia-Pacific power industry tender activity in September 2019 saw 425 tenders announced, marking a drop of 31% over the last 12-month average of 620, according to GlobalData’s power database. India, however, led the activity in September 2019 with 254 tenders and a share of...

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