NTPC awarded contracts for executing two Solar Power Projects worth Rs. 132 Crores to BHEL. The projects will be having capacity of 10 MW each and are proposed to be set in Uttar Pradesh at Unchahar and in Odisha at Talcher. Scope of work for the BHEL will be to design, manufacture, supply, install, commission and...
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July 23, 2013
India and nigeria signed deal for solar power plants
India and Nigeria have signed an agreement to locate sites for solar power plants in Niger state, the first of a series of power plant deals which would provide additional energy for African country's national grid. The agreement was signed between Nigeria's permanent secretary in the Ministry of Power Godknows Igali and the...
RBI to allow treating the loans to the new umpps as secured debt...
Reserve Bank of India, has decided to allow the loans to the new Ultra Mega Power Projects (UMPPs) to be considered as secured debt even though the land and other plant assets will be owned by Distribution Utilities not the wining bidder. As large nos of banks/financial institutions has raised concerns saying loans to the proposed...
CERC asked Reliance power to quantify the financial impacts of rupee depreciation and change in inputs costs on the sasan umpp...
Central Electricity Regulatory Commission (CERC), has asked Reliance Power Ltd to submit a report on the financial impacts of weak rupee and escalation in cost of construction on the 4,000 MW Sasan Ultra Mega Power Project of the company. Earlier, Reliance Power Ltd, had submitted a petition to CERC seeking compensation...
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