Daily Archive: February 27, 2016

GLOBAL LNG-Prices lose ground on weak demand

* Prices weaken, new supply begins flowing * Gail purchases April cargo for $4.50/mmBtu Asian spot liquefied natural gas (LNG) prices extended losses for a third week, as weak demand gave little support, with...

Suzlon bags 71.40-MW wind power project from GIPL

Wind turbine maker Suzlon has bagged a 71.40-MW wind power project from Gujarat Industries Power Company Ltd (GIPL). “Suzlon will install 29 units of S97-120m wind turbine generators (WTGs) with all steel hybrid tower...

LIC hikes stake in NTPC to 12.98%

State-owned Life Insurance Corporation (LIC) has increased its stake in India’s largest power producer NTPC by 3.90 per cent after buying 32.15 crore shares in the open market. LIC, which had 9.08 per cent...