Daily Archive: February 22, 2016

Activist investors take a beating in energy price rout

Activist investors brave enough to have ventured into the volatile energy sector are paying a heavy price for their courage, stuck with hefty paper losses and no near-term recovery in sight. Corvex Management, Elliott...

Power transmission projects worth Rs 136 crore for Delhi

Delhi Government today dedicated to public power transmission projects worth Rs 136 crore aimed to strengthen the electricity supply in the national capital. Delhi Power Minister Satyendar Jain dedicated the projects spread over six...

Bihar to join UDAY scheme tomorrow

Bihar will become the sixth state tomorrow to formally join the UDAY scheme meant for revival of debt-ridden power distribution utilities. According to a statement by the Power Ministry, the tripartite Memorandum of Understanding...

Kochi switches over to piped gas

The much-touted city gas distribution project was launched in the district with the lighting of a stove connected to the Piped Natural Gas (PNG) network at Government Medical College canteen in Kalamassery on Saturday....