modi

Strong Mandate will give us a Powerful nation

This election witnessed Mr Narendra Modi repeat a Rajiv Gandhi's 1984 feat by acquiring a clear majority. Mr. Ratul Puri Chairman of Hindustan Power Private Ltd predicts an implementation of the highly praised Gujarat model. With no tantrum display from alliance parties Mr Modi is expected to go all guns blazing on implementing a blueprint seen in development of China. The new government could follow China's trend of primary focus on Infrastructure, manufacturing and service bagging the second and third places in the list. So Mr. Puri feels India will witness a positive...
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Thermal arm of Hindustan Power receives the prestigious Safety and Health services award from National Safety Council

Recognized for its efforts to implement zero incident EHS Management Systems at Anuppur Thermal power project. Hon’ble Minister of labour and employment, Government of India will present the prestigious award. Annupur, 06,May 2014: The thermal arm of Hindustan Power ( Hindustan Power) has been accorded the prestigious National Safety Council award towards implementing a very effective occupational safety & health practices in its Anuppur Thermal plant. The Anuppur project has been bestowed with the award second-time in a row, showcasing its continuous efforts in ...
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hppl

Indians keen on electricity, not so much on gold

Akshaya Tritiya witnessed a sharp decline in Gold sales this year. The festival which serves as a traditional excuse by the hugely gold fanatic Indian population to stack up gold was hugely affected by economic uncertainty this time, see report. There was a steep fall of almost 15% in demand for gold with smaller jewellers and a notable is a 95% decline in trading of gold exchange- traded funds. In numbers, while on the same date previous year investors made their wallets Rs 1,306 crores lighter, this year it stood at a mere Rs 71.27 crores. The equation seems to be disturb...
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Panel discussion on Challenges in the Indian power sector

Here are excerpts from a panel discussion that I attended today. I was joined by Dr R S Sharma, MD, Jindal Power and Dr Arvind Prasad, Director, FICCI on the panel. Pitching strongly for implementing coal price pooling in the country to meet increasing coal demand in the country, I was contesting that there is no immediate solution to the problem being faced by power producers. “Moreover, there is no alternate, but to augment domestic coal production in the long term” I said while discussing problems in the power sector. “When we have our own natural res...
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Agenda before the new government: Serious challenges that we should overcome.

Not getting timely approvals or frequent change in the policies and guidelines are proving to be one of the big hurdles in front of the India power sector. In fact there are multitudes of approvals needed, sometimes from the same department more than once, for the same project . This results in huge losses and crucial management bandwidth being wasted. If the entire approval process could be streamlined into a time bound clearance mechanism, it would aid the industry significantly. Other challenges which the energy sector is facing is acute shortage of raw material which...
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