An insight from Renewable Energy World. _____________________________________________________________________ India, possessing great potential and more than enough suitable land with sufficient solar resources, is well-placed to allow CSP to make a very major contribution to its national energy supply. A new IT Power report looks into the encouraging factors and the barriers for deployment. Coal dominates the Indian power...
August 24, 2011
Coal India slips to third slot in market valuation league…
Coal India on today (August 24, 2011) slipped to the third position after Reliance Industries and ONGC on market valuation charts, as it lost further ground after losing the top slot to Mukesh Ambani-led corporate giant yesterday. Shares of Coal India today slumped by 4.6 per cent at the Bombay Stock Exchange (BSE) to close at Rs 373.85,...
Stunted growth pushes Tata Power to look overseas for biz…
Power major Tata Power is looking abroad as it faces challenges in India. Addressing the Tata Power AGM in Mumbai today, Tata Group chairman Ratan Tata said that the company was seeking opportunities overseas to fulfill the needs of its shareholders. Ratan Tata raised some points at the AGM, where he said that there are certain issues that remain as far as the growth of the power sector in India is concerned and they are related...
Tata Power looks weak as per the Market Sentiments…
As per the market sentiments, it seems that Tata Power is getting weak. Report says that Tata Power has been going weak for the last 15 days since probably their Mundra Ultra Mega Power Project, which is likely to get commissioned in next 6 months is going to see the cost escalation because of the rise in the imported coal and the whole...
IMFA plans Rs 6,600 Cr power plant in Orissa…
Spark discovered from various sources that, Indian Metals & Ferro Alloys Ltd (IMFA) is thinking on to set up a 1,320 Mw power plant in Orissa with a planned investment of Rs 6,600 crore over the next five years. IMFA, India’s largest produce of ferro alloys, currently produces power for its own captive use as a part of its backward...
APERC rejects Tata Power plea to quash Rs 10cr fine for failing to supply to State Discoms…
Spark found from Market Buzz that Tata Power suffered a setback in a dispute between the Andhra Pradesh Discoms and Tata Power after the AP Electricity Regulatory Commission (APERC) refused to intervene in the dispute and imposed a penalty of Rs. 10 Crore on Tata Power for failing to supply power under the short-term power supply...
Shriram EPC ties with ENER-T for Abhijeet’s 50 MW CSP Project…
From the market reports, Spark learnt that, Shriram EPC Ltd has tied up with ENER – T (an Israeli company) for executing a Rs 640-crore order from Abhijeet Projects Ltd for providing ‘engineering, procurement, construction' services for Abhijeet's 50-MW solar thermal power plant at Jaisalmer, Rajasthan. Abhijeet Projects is the...
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