Infrastructure stable, wind power dips in FY24 forecast: Report
POWER & RENEWABLE ENERGY

Infrastructure stable, wind power dips in FY24 forecast: Report

India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively in...

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India Ratings and Research (Ind-Ra) reaffirmed a stable outlook for the energy and transport infrastructure sectors for fiscal year 2024. The agency had forecasted an improvement in traffic volumes for transport infrastructure while anticipating growth in electricity demand to positively influence utilisation of thermal assets. Nevertheless, the wind power segment faces a negative outlook due to the unpredictability of generation levels. E-bus projects too joined the ranks with a stable outlook. Contact: India Ratings and Research Tel: 022 4000 1700 Email: www.indiaratings.co.in

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Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

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Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

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Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

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