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Coal users to now bid for mines

September 3: Method to replace the current practice of allocating blocks on official discretion; aim to introduce more objectivity in the process.

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Tata Power-led consortium to set up 240 MW project in Indonesia

September 3: A consortium led by Tata Power, India's largest private power utility, will develop a 240 MW geothermal power project in Indonesia. Since the programme would involve building units of various sizes, the total cost of the project will range from Rs 2900 crore to Rs 3800 crore, according to a senior company executive.

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US power company to invest in Bihar

September 2: The US-based energy major AES Corporation has evinced interest in setting up a thermal power plant in Bihar, bringing good news to power crisis-plagued state after majority of thermal power units fell on the Jharkhand side after the bifurcation in November 2000.

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NTPC-Bharat Forge JV looking for partner

September 2: A third partner is likely to join NTPC and Bharat Forge in their joint venture for manufacturing power equipment.

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Bridge demand, supply gap in power for growth: PM

September 2: Laying the foundation stone of a Rs 6000 crore power equipment manufacturing plant, Prime Minister Manmohan Singh said that the nation needs to bridge the gap between demand and supply of electricity for sustained economic growth.

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Power equipment cos. seek duty hike to curb Chinese imports

September 1: Power equipment makers such as L&T, Bhel, Bharat Forge are lobbying for a higher import duty to thwart cheap Chinese imports that are being increasingly used in mega power projects and affecting expansion plans and the profitability of Indian firms.

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CIL may set up power plant to utilise excess coal

September 1: The world's largest coal producer Coal India Ltd (CIL) said it may consider setting up power plants in the country to utilise excess coal.

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Nalco invites bids for coal mining in Indonesia

September 1: State-owned National Aluminium Company (Nalco) has invited bids from coal companies in Indonesia to mine its coking coal mines in East Kalimantan province, which have an annual capacity of 10 million tons, by 2014.

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ADB to give $100 mn loan for Indo-Bangla power project

September 1: The Asian Development Bank on August 31 said that it will provide $100 million loan for a cross-border electricity initiative between India and Bangladesh, which is expected to provide impetus for increased power trading in the South Asian region.

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NTPC moves to secure fuel supply for power plants

August 31: State-run NTPC is considering a 'strategic' tie-up with Qatar Petroleum and picking up stakes in two coal mines in Indonesia to secure fuel supply for its power plants.

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NTPC signs pact with Bangladesh to set up 2 power projects

August 31: State-run NTPC today said it may join hands with Bangladesh Power Development Board to establish two thermal power projects at Chittagong and Khulna for mitigating the power shortages in the neighbouring nation.

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NTPC eyes 8,140 MW projects in MP

August 30, 2010: National Thermal Power Corporation (NTPC) is looking forward to add another 8140 megawatt (MW) power by 2015, through its proposed power plants in Madhya Pradesh. The public sector power biggie already has its largest plant Vindhyachal, with 3260 MW thermal power project, in Singrauli in the state.

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Nigeria power grid: Power Grid Corp among final bidder

August 30, 2010: India's Power Grid Corporation is among the three firms shortlisted by the Nigerian Government to manage the country's electricity grid to be constructed at a cost of $3.5 billion.

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NMDC, Coal India plan JV to form No. 2 mining firm

August 30, 2010: Public sector mining firms NMDC and Coal India are forming a joint venture with West Bengal Mineral Development and Trading Company to acquire one of the largest coal blocks in the country having reserves of around 19 billion tons.

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Govt mulls demarcating mining areas to avoid another Niyamgiri

August 30, 2010: The government is planning to put in place a more transparent mining policy by designating parts of mineral-rich regions as out of bounds for industry because of environmental concerns, a move that can avoid episodes such as the recent ban on mining at Niyamgiri in Orissa but could hurt expansion plans of companies located in such areas.

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Reliance Power gets $900-mn loan from US Exim Bank for Sasan power plant

August 27, 2010: Reliance Power (R-Power) has received a loan guarantee of $900 million from the US Export-Import Bank to buy equipment for its coal-fired power plant at Sasan in Madhya Pradesh.

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Orissa frames new 'Coal Distribution Policy'

August 27, 2010: After being cornered by the Opposition over the multi-crore coal distribution scam, the Orissa government has put in place a state specific 'Coal Distribution Policy'.

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Adani signs $1.65 bn deal with Indonesia to source coal

August 26, 2010: Adani Enterprises announced a $1.65-bn deal with the Indonesian government and its mining company PT Bukit Asam for setting up rail and port infrastructure in the island nation for sourcing coal to India.

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Punjab allows Sterlite to add new unit at Talwandi Sabo

August 26, 2010: The Punjab Government today gave its nod to the Sterlite Energy Ltd (SEL) to add one more unit of 660 MW to the upcoming thermal project of 1980 (3 x 660) MW at Talwandi Sabo in Mansa district.

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Power plants with own coal mines under CEA scrutiny

August 26, 2010: The apex planning body for power sector will carry out a fresh survey of power plants that have captive coal mines as it looks to ensure that environment disputes did not derail projects which have made substantial progress.

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