The Central Electricity Regulatory Commission (CERC) admitted two petitions filed by Reliance Power seeking compensation for the increased cost on setting up 4,000 MW Sasan project due to rise in construction cost and fall in rupee value. Read more...

Power Stocks cheers on improving macroeconomic data as power companies stocks except PTC zoomed by 6% to 13% during the week. Major gainer was JSW Energy, Reliance Power and JP Power with 13.66%, 8.66% and 6.37%, respectively. Read more...

Falling domestic natural gas production coupled with peaking imported Liquefied Natural Gas (LNG) prices has triggered the need for falling in coal-way price pooling of gas in line with proposed coal price pooling, which is also yet to be formalised by the concerned authorities. Read more...

Sensex fairs marginally during the week so as the power index. However, power companies tumbled down marginally from 2% to 4% with Alstom, BHEL and JSW Energy on the losing side whereas Adani Power, Tata Power and Reliance Power gaining slightly. Read more...

Reliance Power has announced that the first 660 MW unit at the Sasan Ultra Mega Power Plant has been successfully synchronised.This would also be the first integrated coal mine and super-critical power plant to be commissioned in India and the largest integrated power plant and coal mine project in the world. Read more...

To achieve financial closure of its first 700 MW Tato hydro power project in Arunanchal Pradesh, Anil Ambani-led Reliance Power iwill raise around Rs 4,400 crore or $800 million. The company is setting up seven hydro projects with a capacity of 4,620 MW in Arunanchal Pradesh & Uttrakhand. Read more...

With the first ever event in the North, Industrial Trade Fairs of Hannover made a mark in the city with 6,174 Business visitors during the 4 days of their five concurrent shows held in November 2012. The Industrial Trade Fairs of Hannover were the most sought after B2B event covering the manufacturing, automation, materials handling, surface technology and laser technology. Read more...

Reliance Power, which is building one of India largest power stations, wants to revive the 4,000 MW project at Krishnapatnam in Andhra Pradesh by moving the country electricity regulator for an increase in tariff, sources said.The imported coal fired project has been in limbo for over a year and Andhra Pradesh, Tamil Nadu, Karnataka and Maharashtra which have signed power purchase agreements (PPA) have threatened to terminate the agreements. Read more...

Sensex gained a mere 0.25%, but power stocks declined sharply during this week. Barring Tata Power and JP Power which managed to close in green, all other power stocks were down by over 2% to 6%, with BHEL, Reliance Power, and JSW Energy closing at 5.63%, 4.97% and 3.39%. Read more...

Reliance Power has stated that -Boiler Light Up- has been achieved for its first 660 MW unit at the Sasan Ultra Mega Power Plant. Read more...