Daily Archive: July 29, 2015

PFC issue gets good response

The Centre on Monday sold 5 per cent of its 72.80 per cent stake in Power Finance Corp (PFC) with the portion reserved for retail investors getting oversubscribed by 4.49 times amounting to Rs.1,510...

FINER welcomes power tariff revision

GUWAHATI, July 28 – The FINER has welcomed the announcement of the revised power tariff for 2015-16 by the Assam Electricity Regulatory Commission (AERC), by not increasing the cost of power for the people...

APEPDCL moots Rs 2.9K cr rural network upgrade

VISAKHAPATNAM: The Eastern Power Distribution Company of AP Limited (APEPDCL) has mooted a Rs 2,894.07 crore project to modernise and strengthen its power supply network in the rural areas under the centrally-sponsored Deen Dayal...

Coal ministry issues show cause notice to PSPCL

Coal ministry issues show cause notice to PSPCL Wednesday July 29, 2015 Chandigarh The coal ministry has issued show cause notice on the Punjab State power Corporation Limited (PSPCL) for its failure to follow...

CIL shifts overseas funding to domestic markets

Following its withdrawal from Mozambique, Coal India Limited (CIL), with a reduced appetite for overseas acquisitions, was planning to redeploy its funding towards domestic capacity. According to a senior CIL official, the experience in...

Bandh for MCL MCH in Talcher Peaceful

Normal life was hit in Talcher on Tuesday following the bandh called by members of Talcher Bar Association for establishment of a medical college by MCL. Coal production and dispatch from nine coal mines...

Good riddance

In all probability, transmission behemoth Power Grid Corporation (PGCIL) will lose its status as a central transmission utility (CTU). But the company is unfazed. It rather calls the eventuality as a blessing in disguise...