Private firms move CERC against NTPC’s power-buy deals

Private power developers, including Tata Power, Reliance Power, Essar, GMR and Jindal Power, have jointly moved the electricity regulator against state-owned NTPC Ltd. The private players have alleged that the haste shown by NTPC...

Jaitapur plant, a ‘dangerous version of Dhabol’

NEW DELHI: The All India Power Engineers’ Federation (AIPEF) and the National Confederation of Officers’ Associations of Central Public Sector Undertakings (NCOA) have come out strongly against the proposed Jaitapur nuclear power plant. Terming...

Hydro scam could get buried now

Arunachal Pradesh chief minister Dorjee Khandu’s death in a chopper crash could bury a ‘hydro project signing scam’, dealing a fiscal blow to several corporate houses. Between 2006, the year before Khandu replaced Gegong...

Birla Power Solutions to raise $100 million; stock up

MUMBAI: Portable generator-maker Birla Power Solutions is looking at raising up to $100 million in the current financial year from private equity players to part finance its diversification plans, the company’s managing director told...

PFC’s Rs 5000-cr FPO to open on May 10

State owned Power Finance Corporation (PFC), which provides financial assistance to power sector, has fixed May 10 as a opening date for its follow-on public offer (FPO) of 229,553,340 equity shares. It is a first divestment...

GE to launch 660, 800 MW steam turbines in India

Looking to strengthen its presence in the fast-growing power sector, General Electric will introduce 660 and 800 MW supercritical steam turbines in India this year. With India targeting a capacity addition of 1,00,000 MW...

Need to review safety at N-plants: Parikh

India’s Integrated Energy Policy (IEP) expert group chief Kirit Parikh has said that there is a need to completely review the safety measures at India’s various nuclear energy plants in view of the Japan...