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Fitch affirms NTPC's FC IDR at 'BBB-'; outlook stable
May 24, 2012 at 12:35 | Source: Moneycontrol.com
Fitch Ratings has affirmed India-based NTPC Limited's Long-Term Foreign-Currency Issuer Default Rating (FC IDR) at 'BBB-', National Long-Term rating at 'Fitch AAA(ind)', and its National Short-term rating at 'Fitch A1+(ind)'. The Outlooks on the Long-Term ratings are Stable.
Sensex maintains uptrend; Tata Power, Reliance Infra up 4%
May 21, 2012 at 12:31 | Source: Moneycontrol.com
The BSE Sensex gained 60 points due to consistent buying interest in banks, auto and capital goods stocks. Index heavyweight Reliance Industries and TCS too were quite supportive while the fall in Infosys and ITC has limited the upside.
Fitch migrates Delton Cables to non-monitored category
Apr 30, 2012 at 14:08 | Source: Moneycontrol.com
Fitch Ratings has migrated India-based Delton Cables Limited's 'Fitch BB+(ind)' National Long-Term rating with a Negative Outlook to the non-monitored category.
Adhunik subsidiary Neepaz sold to Nagpur Automotive
Apr 30, 2012 at 10:42 | Source: SME Mentor
Adhunik Metaliks Limited, sold its forging subsidiary, Neepaz V Forge, to Nagpur Automotive Industries Private Limited for Rs 230 crore ($44 million), outlaying a strategy to divest non-core assets.
PFC builds a wholly-owned subsidiary
Apr 27, 2012 at 13:34 | Source: Moneycontrol.com
On April 26, 2012 Power Finance Corporation has built a Special Purpose Vehicle, Deoghar Mega Power Limited, as a wholly-owned subsidiary company for the development of second Ultra Mega Power Project (UMPP) in the state of Jharkhand.
China power giant inks $2.4b India project
Apr 13, 2012 at 13:26 | Source: Reuters
Power Construction Corporation of China said on Friday it had signed a USD 2.4 billion contract to build the second phase of a massive coal-fired power complex in southern India that will help meet soaring local demand for electricity.

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Tata Power Company Limited : Tata Power’s Maithon Power Plant organizes “Off the Job Safety Session” for Ladies Club at Dhanbad
Safety is of utmost importance at Tata Power, India's largest integrated power company. Towards this effort, Tata Power's Maithon Power Plant organized "Off the Job Safety Session " for Ladies Club at Dhanbad. The initiative is in line with Tata Power's ...
May 17, 2012 at 09:04 | Source: 4-traders (press release)
Tata Power Company Limited : Tata Power trounces Hindustan Unilever to lift Salver Cup
It has successful public-private partnerships in Generation, Transmission and Distribution in India namely "Tata Power Delhi Distribution Limited" with Delhi Vidyut ... Tala hydro plant in Bhutan to Delhi and 'Maithon Power Ltd.' with Damodar Valley ...
May 15, 2012 at 23:54 | Source: 4-traders (press release)
TATA Power to add 8500 MW capacity by FY13 end
The company is looking to put up 8500 MW power plant by end of FY13, of which 5050 MW is to come from Mundra and Maithon power projects With Bumi ... stake in Bumi Resources to Coastal Gujarat Power Limited, the SPV that controls Mundra project.
May 26, 2012 at 04:35 | Source: SteelGuru
Tariff revision for Mundra UMPP not lost cause: Tata Power
Q: Could you give us a update on the operational performance at your Mundra power project and also at the Maithon facility ... the discussion that is right now happening between Coal India Limited and the various government bodies. For Unit II, we will ...
May 23, 2012 at 09:25 | Source: MoneyControl.com

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