DVC hopes delays will not affect 2,520 MW Purullia thermal project cost...

  Damodar Valley Corporation (DVC), which is setting up a 2,520-MW thermal power plant in Purulia, West Bengal, has said the delay occurred in laying water pipes required for the plant would not lead to a major cost escalation. The pipeline-laying work, stalled on October 21 due to land acquisition woes, will resume on Friday, R...

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JSW Bengal to commence Salboni project with power...

  With the Rs 35,000-crore integrated steel plant by JSW Bengal failing to take off, the state government has advised the company to venture into power. "The Chief Minister had suggested that we go in for a power plant as due to the issue of iron-ore no banker was keen for financial closure," JSW Bengal CEO Biswadeep Gupta said....

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Jindal Steel's Coal to GAs Project at Odisha to be commissioned next month...

  Jindal Steel and Power Ltd (JSPL) today said it will commission its coal-to-gas project, the first such project in the country, at Angul in Odisha next month. “The coal-to-gas project (at Angul) will be commissioned next month,” JSPL Chairman Naveen Jindal said. The coal-to-gas project is a part of the Rs 21,000 crore investment...

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ADB proposes equity investment in welpsun renewables to the tune of USD 50 K...

  Asian Development Bank has released a Project Data Sheet (PDS) under which it has proposed to invest in Welspun Renewables Energy Limited's (WREL) projects on Solar and Wind Power Development.   As per the PDS, ADB may invest around USD 50,000 into the company in the form of Equity investment. As said by the ADB ...

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UK's CDC Group invests $25 Million in Green Infra, $200 Million in the infrastructure fund of idfc...

  UK's Development Finance Institution (DFI) CDC Group Plc has invested around $225 Million in IDFC Alternatives' second infrastructure fund and renewable energy firm Green Infra. CDC has invested $25 million in Green Infra, one of India’s largest independent renewable power producers with generating capacity of 387 MW. Green Infra...

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Power Engineers’ Federation writes to CEA regarding poor performance of Sasan UMPP...

  While Reliance Power Limited, a part of Anil Dhirubhai Ambani Group, recently achieved boiler light up for the second 660 MW unit at the 3,960 MW Sasan Ultra Mega Power Project, the All India Power Engineers Federation has written to the Central Electricity Authority demanding that a probe be conducted into the repeated tripping...

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Tata Power to go ahead with 1600 MW coastal Maharashtra project...

  Tata Power has received all the required statutory clearance to go ahead with the 1600 MW thermal power project being developed at Dherand near Alibaug in coastal Maharashtra. As per he company, the project is in advance stages of land acquisition. The PPA is being pursued and 30% domestic coal linkage as per policy is also being...

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Power Ministry recommends financial restructuring of jharkhand, bihar and karnataka discoms...

  Power Ministry has sent the note on financial restructuring of state discoms to the cabinet for final approval, a top ministry official today said. As per the proposal, the state electricity boards of Jharkhand, Bihar and Karnataka will be allowed to convert their outstanding loans, till March 2013, into bonds as part of an amendment...

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MP Solar Energy companies are in bad shape...

  Solar Energy producers in Madhya Pradesh are in bad state due to low power purchase by the State Distribution Companies (Discoms) from the Solar Projects installed in the state. According to sources, the MP Power Management Company is buying only 10.7 crore units annually leaving deficit of 23.9 crore units. Ujaas Energy, Welspun...

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