GE to localise the wind turbine components…

GE Energy is considering to focus on localise the components of wind turbine for the Indian Wind Energy sector for its 1.5 MW and 1.6 MW ratings.   As said by Mr Banmali Agrawala, President & CEO, GE Energy, “The company will be launching products of larger capacities to capture low wind speeds as prevalent in India. The...

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NTPC JV achieves financial closure for Meja Thermal Power Project…

A loan agreement for Rs. 75.75bn was signed on June 06, 2012 with consortium of sixteen Banks led by State Bank of India and syndicated by SBI Capital Markets Ltd.   National Thermal Power Corporation Ltd has announced that Meja Urja Nigam Private Limited, a Joint Venture of NTPC Ltd and UPRVUN Limited has achieved financial closure...

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Coal India should focus production not profits, says Alok Perti…

The former Coal Secretary Sh Alok Perti has advised several measures to improve the coal supply situation of the country. According to him, the Coal India should put more emphasize on raising coal production rather tan on increasing profits. As said by him, "In a monopolistic situation, is profit for a government firm only objective?...

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