Daily Archive: May 19, 2012

Rajasthan’s solar programme indefinitely postponed

The 200 MW solar programme of the state of Rajasthan has been indefinitely postponed. On Thursday, the Rajasthan Renewable Energy Corporation put up a circular on its website, which read: “Last date of receiving...

Suzlon seeks more time for foreign bond repayment

Post market close on Friday, Suzlon Energy announced that its Foreign Currency Convertible Bond (FCCB) holders will meet on June 11 to provide extension for the company’s repayment of debt. Suzlon’s $200-million zero coupon...

Welspun bags $225 m solar project in M.P.

The Welspun group has won a contract for the $225 million solar photovoltaic (PV) project in Madhya Pradesh. It will be set up on a barren tract of land in Mandsaur and Neemuch districts...

ONGC ready to foray into hydropower sector

Oil major ONGC is showing interests in participating in hydel power projects by expanding the scope of the ONGC-Tripura Power Company Ltd (OTPC). This was indicated after a meeting between ONGC chief Sudhir Vasudeva...