Author: Heena Jha

DMICDC’s star power plant yet to take off

Despite Prime Minister Narendra Modi backing the Japan-funded Delhi Mumbai Industrial Corridor DevelopmentCorporation (DMICDC), a gas-based power plant, proposed to be set up by Toshiba Corporation for an industrial park in Manesar, Haryana, continues...

BHEL commissions 660MW thermal unit in Bihar

NEW DELHI: State-run BHEL has commissioned another 660MW super-critical or energy efficient unit of NTPC’s Barh thermal power project in Bihar. Meanwhile, the company said it is presently executing orders for 36 sets of...

Gare Palma most sought after coal cluster

The Gare Palma cluster of coal blocks has emerged as most sought after among the 29 state-owned entities who are vying for allotment of 43 Schedule II and III coal blocks. Altogether nine state...

Coal auction: Day 4 rakes in over Rs 6K cr

The government on Sunday auctioned three coal blocks to garner over Rs 6,000 crore taking the total proceeds from the auction of mines to over Rs 1.5 crore. The bidding lasted for over twelve...

Trouble with electricity regulator

If there was one event that changed the fortunes of the power sector, it was the Electricity Act, 2003. The amendments gave an impetus to private investment in the power sector, and a statutory...

ACME to invest Rs 600 crore in Punjab

ACME Group, India’s leading solar power player in India, today announced that it has emerged as the largest developer for successfully securing 74 MW of solar PV power projects under the Punjab State Solar...

PE firms develop their own wind energy assets

New Delhi: In an attempt to maximize returns on exits, private equity (PE) investors are steadily developing their own platform of wind power assets in India. JP Morgan Asset Management Holdings Inc, Morgan Stanley...

Wind industry’s pitch to India Inc: 18% IRR

CHENNAI, FEB 19:   Wind turbine manufacturers in India want to create a new market by enticing large companies to start wind power businesses. Their pitch to them: 18 per cent IRR. A recent White...