Daily Archive: October 12, 2012

Merge debt-ridden Suzlon, REPower: SBI

State Bank of India, which has a Rs 3,500-crore of fund and non-fund based exposure to Suzlon Energy, today said the Pune-based wind power major should look at leveraging the balance-sheet of its German...

SEBs to curtail short-term power purchase upto 10%

The State Electricity Boards (SEBs) debt restructuring plan, approved by the cabinet, has fixed a targeted framework for reduction of short-term power purchases. According to the plan, which has been made part of the...

Tidco awaits policy push to boost solar capacity

State-owned Tamil Nadu Industrial Development Corporation (Tidco) is awaiting a clearer policy directive from the state government to take forward its given task to establish 1,000 mw of solar power capacity in association with...