Daily Archive: January 6, 2016

Supreme Court agrees to hear Sasan Power UMPP’s plea

The Supreme Court on Monday agreed to hear Reliance Power-owned Sasan Power Ltd’s appeal challenging the Madhya Pradesh High Court’s order that upheld arbitration agreement mandating the two Indian companies to take recourse to...

Rajasthan joins Centre’s power discom recast scheme

A month after the Union government announced its financial restructuring plan for state power distribution companies, Rajasthan on Monday became the third state to join the scheme. Earlier, Andhra Pradesh and Jharkhand had joined...

Ajmer airport to run on solar energy

The Airport Authority of India will generate 100 megawatt power from solar energy to light up the under-construction Ajmer airport at Kishangarh. In this regard, the AAI’s technical team recently earmarked an area to...

IREDA to start selling Rs 1,716 crore tax-free bonds

State-owned Indian Renewable Energy Development Agency will start selling Rs 1,716 crore worth of taxfree bonds from Friday, which offer investors the highest interest rate so far in the financial year. The sixth tax-free...

Jharkhand gets on board UDAY, eyes huge gains

harkhand today signed an agreement with the Power Ministry to join UDAY, a central scheme for the revival of debt-stressed power distribution companies, which will offer the state a net benefit of approximately Rs...

BHEL commissions first 600MW thermal unit in Telangana

State-run power equipment maker BHEL has commissioned a 600 MW unit at Kakatiya Thermal Power Project, Telangana. “The unit, commissioned at Kakatiya Thermal Power Project (KTPP) at Chelpur in Warangal District of Telangana, is...

PM Narendra Modi for fresh look at petroleum sector

Prime Minister Narendra Modi stressed on taking a “fresh look” at the petroleum sector during a meeting with global oil and gas experts on Tuesday, a government statement said. Modi met BP Plc chief...