Final price bids for Odisha, Tamil Nadu UMPPs to open on 26 February…

  The final price bids for the two ultra mega power projects (UMPP)—Odisha and Tamil Nadu—will open on 26 February, power minister Jyotiraditya Scindia said on Thursday. The minister said that the projects will be awarded to the successful bidders post opening of the financial bids. All the nine applicants for Odisha UMPP and eight...

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Power Grid to invest Rs 472 cr in two projects…

  Power Grid Corporation of India will invest more than Rs 472 crore in two projects. The investment plans were approved by the transmission utility's board of directors at their meeting held on January 13, PGCIL said in a regulatory filing today. The two projects are estimated to cost Rs 472.58 crore. An investment of Rs 374.63 crore...

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AP to ink MoU with UK govt on energy conservation…

  Andhra Pradesh government will soon sign a memorandum of understanding with the government of UK for collaboration on energy efficiency and low-carbon growth. The MoU will see UK extend technical support for the state to implement the best practices vis-a-vis energy efficiency and conservation. With the assistance of the British High...

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Dec quarter likely to be weak for Power Utilities sector: Credit Suisse…

  The third quarter ended December 2013 is likely to be weak one for the utilities sector in the country, according to outlook presented by Credit Suisse India Research. Providing insight into the third quarter ahead of the corporate sector coming out with their earnings reports, Credit Suisse expects states, “We expect the third quarter...

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KEC International gets Rs 1,215 cr order from India, overseas…

  The KEC International Ltd, which provides EPC solutions to infrastructure sector, has got various orders worth Rs 1,215 crore for its transmission and cable businesses from both India and overseas. The transmission business constitutes Rs 1,148 crore of the total order while the remaining Rs 67 crore is from the cable business, KEC...

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Himachal cabinet approves sale of power to Tata Power Trading Company Limited…

  The Himachal Pradesh cabinet on Thursday approved the selection of Power Trading Corporation of India Limited and Tata Power Trading Company Limited (TPCL) for a year for the sale of government's entitlement of power from various hydroelectric projects. In a meeting chaired by chief minister Virbhadra Singh, the cabinet decided that...

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Andhra Pradesh to offer incentives to energy saving industries…

  The Andhra Pradesh Government is working on modalities to offer incentives to industries who bring about savings in their process through energy efficiency measures. A Green Factory Code will also be shortly announced whose objective is to encourage savings in high energy consuming industrial establishments. During the Fifth State...

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FinMin rejects power ministry's plan to make gas projects viable through subsidy…

  The finance ministry has rejected a proposal by its power counterpart for making stranded gas-based projects viable through subsidizing high cost imported fuel. “We had proposed subsidizing the high cost of imported Re-gasified Liquefied Natural Gas (R-LNG) through pooling. The finance ministry has turned down the proposal last week,”...

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Cos not having green nod to lose coal block; notice to 61 firms…

  The government has decided to deallocate all the captive coal blocks which have not obtained environment and in-principle forest clearances and has issued show-cause notice to allocatees of 61 such mines. The move comes in the backdrop of the Supreme Court posing some tough questions on allocation process for coal blocks and questioning...

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