Category: News Updates

Punjab Ropes in NTPC in Rs 15K crore Power Project

Chandigarh: The Punjab government on Thursday signed a memorandum of understanding with National Thermal Power Corporation to establish 2,640-mw coal-based thermal power project at Gidderbaha at a cost of about Rs 15,000 crore. This...

A nation without power

New Delhi: Prime Minister Manmohan Singh has warned that India’s economy, which has grown by an average 8.5 per cent in the last four years, faces a severe power crisis. Singh on Monday said...

Orissa to invest Rs.2400 crores in power sector

Bhubaneswar,Oct 05 : The Orissa cabinet today decided to invest Rs 2400 crore on the improvement of system for the distribution of power by the Distribution companies over a period of four years. Briefing...

RIL, Bechtel firm up power plans

Reliance Industries [ Get Quote ] (RIL), India’s [ Images ] largest private sector company, is finalising a new alliance with engineering and project management partner Bechtel Corporation, as it prepares to enter the...

DVC starts 200-mw power supply for CWG

Bokaro, Jharkhand: The Commonwealth Games, which kicks off on Sunday, has already started getting 200 mw of power supply. “200-mw power has been provided for the CWG,” joint secretary of the power ministry and...

Green concerns in North-East worry power ministry

NEW DELHI: The power ministry is concerned at questions raised by environment minister on hydel projects in the north-east, which has a hydro-power potential of 48,000 mw. A 12% power deficit together with the...

Rs 8,600 crore Powergrid FPO in November 2010

State-run transmission company Power Grid Corporation said that its follow-on public offer (FPO), which aims to raise about Rs 8,600 crore, would hit the market in the second week of November.The issue will closely...

Buy NTPC With Stop Loss Of Rs 203

Stock market analyst Ashwani Gujral has maintained ‘buy’ rating on NTPC Limited stock with a target of Rs 235. According to analyst, the interested investors can buy the stock with stop loss of Rs...

Reliance Power to raise capacity to 5,000 MW in 2 years

Anil Dhirubhai Ambani Group (ADAG) group firm Reliance Power said it aims to become the country’s largest private sector power generating company by 2015. Reliance Power unveiled its massive expansion plans entailing an investment...

MSEDCL to approach APTEL against MERC tariff order

While consumers are happy over relatively lower power tariff hike sanctioned by Maharashtra Electricity Regulatory Commission (MERC), power distributor MSEDCL feels that it would not be able to meet its expenses with the sanctioned...