Daily Archive: October 26, 2015

Kerala electricity regulator may not clear purchase pact

The Kerala State Electricity Regulatory Commission (KSERC) is unlikely to grant permission to a subsidiary company of Reliance Energy Limited in Kochi for striking a 10-year power purchase agreement with the Kerala State Electricity...

Sudhir Valia to buy Jaypee wind power assets for Rs180 crore

Sudhir V. Valia, the brother-in-law of Sun Pharmaceutical Industries Ltd founder and managing director Dilip Shanghvi, has agreed to buy Jaiprakash Associates Ltd’s wind power assets for Rs.180 crore, according to two people directly...

Haryana to commission 215 additional power sub-stations

To strengthen the power transmission and distribution system in the state, Haryana government has planned to commission 215 additional sub-stations of various capacities in the next three years. “Also, as many as 418 existing sub-stations would be augmented...

India hosts biggest Africa summit; plays catchup with China

India hosts its biggest-ever Africa summit this week as Prime Minister Narendra Modi seeks to challenge China’s dominance on a continent that is blessed with vast natural resources and has the world’s fastest-growing population....