Category: News Updates

Punjab tops in power consumption: Assocham study

Punjab may be lagging behind in removing the mismatch between demand and supply of energy but the power-starved state tops at per capita power consumption of electricity in the country, an Assocham study has...

CERC proposes month-ahead contracts on power exchanges

To address the issue of uncertainty in getting power on exchanges on a daily basis, an advisory committee of the Central Electricity Regulatory Commission (CERC) today proposed introduction of monthly contracts on the exchanges....

Nuclear Power Corporation of India Limited

Type –  State Owned Enterprise Founded – Sep’ 1987 Head Quarter –  Mumbai, India Chairman & Managing Director –  Dr. S.K.Jain Net Income – Rs 416.41 crore (US $ 90.36 million) (2009-10) Mission: To...

India ranks fifth among top 15 electricity producers

Among the top 15 electricity producers in the world, India ranks fifth with an installed capacity of over 152 gigawatts. According to the latest figures available, the country produced 787,546,450,000 kilowatt hours of electricity...

HCL bags Rs 100 Cr Himachal RAPDRP order

HCL Infosystems has bagged Rs 100 crore Re-structured Accelerated Power Development and Reform Program (RAPDRP) order from the Himachal Pradesh State Electricity Board (HPSEB). The project will entail deployment of a state wide solution...

Sasan UMPP – Supreme Court to hear Tata-ADAG case

A bench headed by Justice G.S. Singhvi would hear Tata Power’s appeal and consider the affidavit In a key courtroom tussle, the Centre has defended its decision allowing Anil Ambani-controlled Reliance Power to use...

Mumbai – MERC increases Rinfra traiff by 30-35%

A day after an independent probe cleared the business model of Reliance Infrastructure (RInfra), the Maharashtra Electricity Regulatory Commission (MERC) on10-09-2010 allowed the power supplier to implement the tariff hike that was approved last...

Lanco plans gas-based power plant in K’taka

Lanco Infratech Ltd,the Gurgaon-based infrastructure company, is setting up a combined 720 Mw combined cycle gas-based power plant for an investment of Rs 2,500 crore at Humnabad in Bidar district. This project is part...

Long Term Buy Call For Adani Power

Long Term Buy Call For Adani Power (Thu, 09/02/2010) Stock market analyst Gaurang Shah of Geojit BNP Paribas has maintained ‘buy’ rating on Adani Power Ltd stock with long term target of Rs 160....