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December 5, 2013

NTPC pre-closes Rs 1,750-crore tax-free bond issue today...

  State-run National Thermal Power Corp (NTPC) said on Thursday it has pre-closed its Rs 1,750-crore bond issue which received a good response from investors by getting over-subscribed 3.3 times. "The Company has exercised the option of early closure of its public issue of tax-free secured redeemable non-convertible bonds which was...
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Acme ties up with French RE Major EDF Energies for large scale solar projects in India...

  ACME Cleantech Solutions, an energy generation, management and conservation company, today announced that it would partner French renewable energy major EDF Energies Nouvelles (EDF EN) to set up large scale solar projects in India. EDF Energies Nouvelles is rolling out its operations in a new country offering strong potential,...
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India to set up HVDC transmission line with Nepal, Bhutan...

  India is working to set up an energy efficient power transmission line (HVDC) with Nepal and Bhutan as part of its energy security plans, External Affairs Minister Salman Khurshid said on Thursday. India also hopes to have power transmission connectivity with ASEAN and SAARC countries, including Pakistan, Afghanistan and Myanmar,...
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RInfra to merge transmission line cos with itself...

  Reliance Infrastructure's board today approved the merger of its two wholly owned subsidiaries--Western Region Transmission Gujarat and Western Region Transmission Maharashtra, with itself. This merger is subject to requisite approvals. Both these companies combined are building power transmission lines of around 1,600 kilometers....
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AREVA has achieved first steam production at R-Power's CSP Plant in Rajasthan...

  AREVA has completed a major milestone in the commissioning of its concentrated solar power (CSP) plant by achieving the first steam production. This solar plant, which integrates AREVA’s compact linear Fresnel reflector technology, is Asia’s largest CSP installation. Located at Dhursar in the state of Rajasthan, it will...
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GEDCOL aims to generate 200 Mw green power...

  The Odisha government's newly floated Green Energy Development Corporation (GEDCOL) has set a short term goal of generating 100 Mw power from small hydel power projects and another 100 Mw from solar power projects. This was informed by state energy minister, Arun Kumar Sahoo in a written reply to the state assembly. GEDCOL is...
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world’s highest rated power transmission line between Wardha & Aurangabad...

  Driven by need and denied help, India developed its own super computers, learnt to put satellites in space and mastered the pressurised heavy water reactor nuclear technology. While these do not make India a scientific super power, they do fetch the country a measure of respectability. Now, the same need is driving India to the...
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Maharashtra sets up panel on tariff revision for adani owned Tiroda plant...

  The Maharashtra cabinet on 04-12-2013 cleared a proposal to appoint a committee to decide on a tariff revision for Adani Power Ltd's 1,320 MW Tiroda power plant in Gondia district, as directed by the Maharashtra State Electricity Regulatory Commission (MERC). The state government-owned power distribution utility Mahavitaran Ltd...
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Gurgaon Industries want power from open exchange...

  Bogged down by the dismal standards of grid supply in Gurgaon, the industrial community here had proposed the idea of buying electricity from the open exchange a few years ago. The official permission for the same was also sought, but wasn't granted. Most recently, the issue was once again brought up by senior industry representatives...
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