Daily Archive: December 21, 2010

Stock markets set stage for PSU floats

The runaway success of the recent share sales of public sector companies (PSEs), such as Manganese Ore India, Coal India and Power Grid Corporation, has not only invigorated the equities market but also given...

Lanco to develop solar project in Rajasthan

Lanco Infratech Limited (LITL), a leading power and construction company, on Monday announced that it has received Letters of Intent (LOIs) from NTPC Vidyut Vyapar Nigam Limited (NVVN) for development of a 5MW solar...

Competitive tariffs may not affect power PSUs

The Ministry of Power’s proposal to move out of cost-plus power purchase agreements to competitive tariff bidding for power projects from January may not have an adverse impact on public sector power generation companies...