Punjab Chief Minister Parkash Singh Badal inaugurated the first unit of the 2X700 MW supercritical Rajpura Thermal Power Plant set up by infrastructure major Larsen & Toubro (L&T) at Nalash in Patiala district of the state today. Deputy Chief Minister Sukhbir Singh Badal and other prominent leaders and senior officials...
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December 8, 2013
Tariff hike alone cannot bail out Discoms: Care report
Structural improvements and financial discipline are far more crucial for improving the health of distribution companies than depending on tariff hikes, rating agency Care has said. According to a Care report, which analyzed 30 Discoms in 11 states, a series of tariff hikes had been effected by these companies in the last three...
Heavy Industries Minister concerned over higher ECB cap for power projects...
The Heavy Industries Ministry has raised concerns over enhanced external commercial borrowing limit for funding domestic power projects, citing that the move adversely impacts local gear makers including BHEL. The red flag comes at a time when the domestic power equipment makers are grappling with tough business conditions amid...
Odisha Govt to set up Solar Power Project at Manmunda in Boudh with Rs 400 Cr investment...
In another step towards generation of green power, Energy department of Odisha Govt has proposed for a Solar Power project at Manmunda of Boudh district to be set up by Green Energy Development Corporation of Odisha Ltd. (GEDCOL). A high level meeting to this effect was held under the Chairmanship of Chief Secretary Jugal Kishore...
Chinese firm Dongfang in talks to buy Trichy-based power firm...
Chinese firm Dongfang is in talks to take over Trichy-based power equipment manufacturer Cethar. The acquisition will help the Chinese company have presence in India. It will also help Dongfang control its costs as well as comply with the localisation norms in India. Cethar, formerly known as Cethar Vessels, manufactures both sub-critical...
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