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October 1, 2013

NHPC to join hands with private companies for development of hydro projects; planning to diversify into thermal,solar & Wind...

  National Hydro Power Corporation is planning to join hands with private sector companies for the development of hydro power projects in the country and has held preliminary discussions with various independent power producers. NHPC would be looking to partner with private players to develop green field hydro power projects where...
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Nashik Industrial bodies to move to high court against the recent tariff hike of 25% by MSEDCL...

  Industrial Corporation of Nashik are planning to move to High Court against the recent power tariff hike of up to 25% by the Maharashtra State Electricity Distribution Company Limited (MSEDCL) and to launch launch awareness drives against the hike among farmers, consumers, traders and entrepreneurs. The decisions were taken during...
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DoD appoints five merchant bankers for Rs. 7,700 Crore Stake sale program of Power grid...

  For the proposed stake sale of Power Grid Corporation of India, the Department of Disinvestment (DoD) appointed five merchant bankers – Citigroup Global Markets, ICICI Securities, Kotak Investment Banking, SBI Capital Markets and UBS Securities. The merchant bankers will aide the government in Rs. 7,700 Crore stake sale program....
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