PGCIL pitches against Cos from Italy, Malaysia and China to secure a multi-billion dollar contract to run Philippines’ transmission Co
Franchisee model rekindles private interest in power distribution - Handful of distribution zones already offered, many more lined up
Tatas to bid for Singapore companies - Temasek Holdings selling its interests in Tuas Power, PowerSeraya and Senoko Power
GMR Energy eyes overseas buys - Company identifies projects estimated to be worth $1.5-2 billion in Singapore and Turkey
ADAG evince interest in acquiring PT Berau Coal in Indonesia - Co earmarks Rs 40 billion to acquire coal mines in foreign countries
Maharashtra may opt for 25 MW coal-based power projects - State government soon to release policy in this regard
BHEL draws up strategic plan to expand its manufacturing capacity to 15,000 MW per annum - To shine more light on Uttar Pradesh
GMR group plans Rs 600 billion investment to enhance its power generation capacity in India and acquire coal assets abroad
DDA hands over possession of 50-acre plot of land to Delhi government for setting up 750-MW Pragati II gas-based plant
Jharkhand needs to improve its power transmission & distribution on a war footing to avert further losses on this account
Laggard power projects likely to lose coal linkages - Government decides to cancel allocation of coal to non-serious companies
Global Union Energy plans to invest over $250 million in India in refineries and infrastructure projects over the next 12 months
On track to meet Eleventh Plan target of adding 78,000 Mw power capacity despite slippages in some of the projects: Shinde
BGR Energy expects its orders from exports to double from Rs 6 billion to Rs 12 billion in the next two-three years
India needs more professionals in nuclear power sector due to expanding nuclear power programme, says AEC Chairman
Parliamentary panel raps coal cos for failing to recover dues of Rs 33.8 billion from various state electricity boards and power utilities
AP may offer free electricity to lift irrigation schemes - Ready to provide 81 MW of power to majority of districts in Telangana region
IPO Review BGR Energy: Co expected to grow on a fast pace on the back of strong order book and better industry outlook
Analysis: Caution, high voltage - What is driving all the action in power
stocks? Are their valuations justified?
Central Sector
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Decks cleared for private civilian nuclear power - Government considering
a clutch of amendments in the Atomic Energy Act 1962
India wants facility-specific safeguards and perpetual fuel supply assurances
in safeguards agreement with International Atomic Energy Agency
UPA rejects Left concerns on the possible adverse implications of Hyde Act
ahead of the critical October 5 meeting Ahead of the critical October 5 meeting,
the UPA has rejected Left concerns on the possible adverse implications of
Hyde Act.
Private Sector
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A high-ranking German delegation from the energy and power sector is coming
to India. They will explore new business & investment opportunities and
address energy concerns.
Energy giant AES, headquartered in Arlington, Virginia, USA, is developing
two projects of 1,200 mw each in Chhattisgarh and Orissa. The Chhattisgarh
government has already allocated.
Natura Hue Chem Ltd, which is engaged in organic farming of turmeric, chilli
and ginger in Raipur, Chhattisgarh, is diversifying into power sector. The
company is.
IOL Chemicals & Pharmaceuticals Ltd has informed the BSE that the board
of directors at a meeting on September 25 reviewed the completion of existing
capacities.
State Sector
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Tata Power has tied up with a host of multilateral lending agencies and financial
institutions to fund the foreign currency part of the $3.2 billion debt.
Power Finance Corporation invites preliminary bids from prospective developers
for setting up a 4,000 MW project at Tilaiya in Jharkhand.
Power Finance Corporation, the nodal agency for ultra mega power plants, on
Tuesday (25 September) invited preliminary bids from prospective developers
for setting up a
4,000 MW Krishnapatnam Ultra Mega Power Project in Andhra Pradesh unlikely
to be awarded within the next two months.
The 4,000 MW Krishnapatnam Ultra Mega Power Project in Andhra Pradesh is unlikely
to be awarded within the next two months as envisaged by the government,
More power likely in ultra mega projects - Tata Power and Reliance Power considering
setting up higher capacity at Mundra and Sasan. The ultra mega power projects
(UMPP) may get bigger. The promoters of the 4,000 mw projects have been given
a free hand to hike generation capacity.
Orissa, Kerala and Gujarat state power boards to form SPV to explore untapped
600 mt of coal reserves from Baitarani West in Orissa.
The state power boards of Orissa, Kerala and Gujarat are joining hands to
form a special purpose vehicle (SPV), the first of its kind in the.
Senior Central Electricity Authority officials recently visited the Uttaranchal
Jal Vidyut Nigam's under-construction 304-mw Maneri Bhali stage II hydroelectric
power project in the state to review.