Abhijeet Power to raise $1.2 bln debt by March

Abhijeet Power Ltd, an unlisted utility with an operational capacity of 246 MW, plans to raise 59.2 billion rupees debt for a 1,320 MW coal-fired power project by March, a source close to the...

BSE launches 1st eco-friendly equity index – Greenex

The country’s premier stock exchange BSE Ltd today launched ‘BSE-Greenex’, the first environmental friendly equity index, which will enable investors take more informed decisions in the green theme of India. Corporate Affairs Minister Veerappa...

Call for duty waivers

Private power industry wants an exemption from 5 per cent customs duty on imported coal and extension of customs duty benefit for mega power projects for the next five years. The sector is asking...

Rural electrification in 12 districts by March

The rural electrification work under the Rajiv Gandhi Grameen Vidyutikaran Yojna in districts allotted to Power Grid Corporation of India Ltd (PGCIL) will be almost complete by March 2012, PGIL chief managing director Rabindra...

PSPCL fears debt trap in absence of cash subsidy

PSPCL fears debt trap in absence of cash subsidy Wednesday February 22, 2012 Patiala Punjab State Power Corporation Limited (PSPCL) fears debt trap as the state government has failed to give cash subsidy for...

Toshiba gets $470M India thermal-power order

TOKYO (MarketWatch) — Toshiba Corp. said Monday that its Indian unit has received an order worth around $470 million for three steam turbines and generators from an Indian state-owned energy company. The Japanese company...

Captive power units: Ministry urges CEA to get details

To gauge the progress of captive power plants, the Government has asked developers to furnish information regarding sourcing of equipment, and land and water requirement for these projects by February 29. The Ministry of...

Karnataka colleges keen to set up rooftop solar systems

Colleges in Karnataka are evincing interest in setting up rooftop solar systems to meet their captive power demands. Karantaka’s nodal agency to facilitate the development of non-conventional energy, Karnataka Renewable Energy Development Ltd (KREDL),...

State seeks coal linkage for OPGC

Keeping in view the expansion plan of Orissa Power Generation Corporation (OPGC), which is going to add 1320 MW (2×660) to its Ib valley power station, the state government has requested the Ministry of...