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...

Suzlon

Conceived in 1995 with just 20 people, Suzlon is now a leading wind power company with: Over 16,000 people in 25 countries Operations across the Americas, Asia, Australia and Europe Fully integrated supply chain with manufacturing facilities in...