NDPL moves Delhi HC for power tariff hike

Private discom North Delhi Power Ltd (NDPL) on 14-01-2011 approached the Delhi high court for a direction to the Delhi Electricity Regulatory Commission (DERC) to determine the tariff for the year 2010-11 and issue...

Power Fin, REC may ink pact with IFCI for banking foray

State-run Power Finance Corporation and Rural Electrification Corporation are trying to partner with the Industrial Financial Corporation of India (IFCI) for their planned banking venture . The two financiers are of the opinion that they...

Anil Sardana is Tata Power MD

Tata Power Thursday announced the appointment of Anil Sardana as its Managing Director with effect from Feb 1 next. Sardana has been the Managing Director of Tata Teleservices Limited for over 3 years and...

Power: Muted profitability

Trend of strong revenue growth and low profitability witnessed in the September 2010 quarter will continue. The Indian power sector is expected to witness yet another disappointing quarter. Analysts expect operating profits of the...

Power sector in the North Eastern Region

Shillong : The North Eastern Council and the Power Grid Corporation of India have jointly funded preparation of DPRs for transmission, sub-transmission and distribution network of power in the North Eastern Region at a cost of...

Adani group announces Rs 80K cr investment in Gujarat

GANDHINAGAR : Adani Group Chairman Gautam Adani on Wednesday announced Rs 80,000 crore investment in ports and power sector and infrastrucutre in Gujarat, during the Vibrant Gujarat Summit 2011 held at Mahatama Mandir here. “On...

Solar energy players must be unified, says expert

Ahmedabad : With the solar energy sector picking up rapidly and many parties joining it, there is need to bring all solar energy players under one umbrella to achieve a common goal, a leading expert said...

Anil commits Rs 50k cr investment in Gujarat

Anil Ambani today said his Reliance Group will invest Rs 50,000 crore in Gujarat in the next 5-7 years on various projects as the firm looks to tap opportunities in the state. “We are...

L&T MHI JV inaugurates Surat plant

Hazira: In a major milestone for power plant manufacture in India, a joint venture of Larsen and Toubro (L and T) and Mitsubishi Heavy Industries (MHI) inaugurated the country’s first private sector facilities for the manufacture...

Bengal plans to plug power theft in real time

West Bengal hopes to be the country’s first State to have smart-grid technology in place to pinpoint theft of power or unauthorised consumption on a real-time basis. According to the State Power Secretary, Mr...