Daily Archive: January 1, 2016

Govt to sign nuclear damages pact

The government is getting ready to ratify the international Convention for Supplementary Compensation (CSC) capping a year of surprising successes in nuclear energy in India, which ended with Parliament passing the joint venture bill...

Petrol, diesel prices to be reduced from January 1

Oil marketer Indian Oil Corp (IOC) on Thursday announced a reduction in petrol and diesel prices effective midnight, following a fall in international crude oil prices. According to IOC, petrol prices per litre will...

Delhi Discoms unhappy as govt extends amnesty scheme

The AAP government has extended the amnesty scheme for power defaulters for the second time, drawing a strong reaction from discoms. The scheme, which was launched in October for a month, was first extended...

Power Grid completes Khammam-Nagarjunasagar transmission line

Central transmission utility Power Grid Corp today said its wholly-owned subsidiary has successfully completed the Khammam-Nagarjunasagar transmission line which would facilitate inter-state exchange of power in southern region. “Powergrid Vizag Transmission Ltd, a wholly-owned...

Suresh Prabhu launches green energy initiatives

Stepping up green initiatives, Railway Minister Suresh Prabhu today launched two environment-friendly measures – a 26 MW wind mill plant at Jaisalmer and “head on generation system” in Mumbai Rajdhani. Dedicating the 26 MW...

Torrent Power gets shareholders nod to raise debt

Torrent Power today said it has received shareholders approval to raise debt with option for lenders to convert that loan or financial assistance into equity upon occurrence of certain conditions. Shareholders approved the special...