Kalpataru bags 2 orders of Rs 384 crore

Mumbai, Oct 27 : Kalpataru Power Transmission Ltd, a leading global Engineering, Procurement, Contruction (EPC) player in power Transmission and Distribution sector, has secured two orders about worth Rs 384 crore from PMC Projects...

GE lands $750 mn gas turbine order from R-Power

General Electric Co said on Monday it won a $750 million contract to supply gas-fired electric turbines to India’s Reliance Power (R-Power). The turbines will be part of a 2,400-megawatt (Mw) expansion of an...

Japan, India to sign trade, investment deal

TOKYO: The leaders of Japan and India were set to sign a broad economic partnership agreement on Monday, seeking to slash import taxes on a range of goods from auto parts to bonsai plants...

FinMin opposes import duty on power equipment

The Finance Ministry is believed to have disfavoured the imposition of import duty on power equipment for ultra mega power projects (UMPPs) for now — a move that could benefit private players that are...

Anil Ambani group to invest Rs 75,000 cr in M.P

The Anil Dhirubhai Ambani Group will invest Rs 75,000 crore in core power, mining and cement projects in the next five years in Madhya Pradesh. Mr Anil Ambani, Chairman, Reliance ADA Group, announced his...

India to supply power to Bangladesh from 2012

New Delhi, Oct 23 (PTI) Commerce Minister Anand Sharma today said India would start supplying electricity to the neighbouring country Bangladesh from 2012. India has agreed to supply 250 MW electricity from its grid...

India resists U.S. pushback on nuclear liability

NEW DELHI: After initially trying to dilute the nuclear liability law at the draft stage to accommodate the concerns of American suppliers, the Manmohan Singh government has told the United States that the Act,...

Konark to put Rs 1k cr in renewable energy

Mumbai, Oct 20 (PTI) Business conglomerate Konark Group has earmarked Rs 1,000 crore for foray into power sector where it plans to generate 100 MW of renewable energy by 2013, a top company official...