Daily Archive: September 12, 2013

Investors still jittery on power sector

Power shares underperformed during the recent rally in Indian shares and may continue to do so even going ahead as investors continue to be jittery of betting on the sector despite a slew of reforms announced...

World Bank offers financial aid to Bihar in power sector

The World Bank has shown keen interest in financing Bihar Government’s ambitious project to revamp power infrastructure. The state government is planning to invest around Rs 25,000 crore under this project, for which it has sought funds from...

After $50b swaps, Japan gives India an electronics hub

Manufacturing township will have world-class facilities Japan, which has agreed to provide a $50 billion currency swap window to tide over India’s current accou­nt deficit, will also help set up an electronics manufacturing township....

Clear way for electricity projects: TN to Centre

Tamil Nadu Electricity Minister R Viswanathan on Tuesday urged the Central government to expedite environmental clearances to a couple of major power projects besides remove the bottlenecks in the execution of thermal power projects...