Category: News Updates

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...

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...