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  • May win order worth Rs 100cr from Power Grid: Diamond Power

    Amit Bhatnagar, MD of Diamond Power Infrastructure Limited says Power Grid contributes 25 percent to total orderbook and 20 percent in the exports.

  • Plans for Rs 1 lk crore capex in next 4 yrs: Power Grid

    Plans for Rs 1 lk crore capex in next 4 yrs: Power Grid

    Speaking to CNBC-TV18, IS Jha, Director - Projects and Additional Charge & CMD said he expects revenue growth with a strong order book.

  • Targeting one more PPA, better H2 this fiscal: Power Grid

    Targeting one more PPA, better H2 this fiscal: Power Grid

    State-owned Power Grid Corporation of India Ltd (PGCIL) reported a 20.54 percent rise in its standalone net profit at Rs 1,448.04 crore for the quarter ended September 30 on higher income from operations.

  • Revise FY16 revenue guidance lower to 10%: KEC Intl

    Revise FY16 revenue guidance lower to 10%: KEC Intl

    Rajeev Aggarwal, CFO, KEC International, says lower commodity prices and currency depreciation in Brazil hit revenues.

  • Assam-Agra proj to add Rs 8k-10k cr in Q2: Power Grid

    Assam-Agra proj to add Rs 8k-10k cr in Q2: Power Grid

    In an interview with CNBC-TV18, RK Nayak, Chairman & Managing Director (CMD) of Power Grid said the company will continue to report steady numbers in the coming quarters.

  • Corporate fund raising from mkt to continue: Prime Database

    Corporate fund raising from mkt to continue: Prime Database

    The maximum amount of money which a bank raises, goes directly into the power and housing sectors, Prithvi Haldea, Chairman, Prime Database told CNBC-TV18.

  • Eye over 8% margins in FY16, says KEC International MD

    Eye over 8% margins in FY16, says KEC International MD

    Vimal Kejriwal, MD & CEO, KEC International accounted robust performance in the company's core Transmission and Distribution (T&D) businesses and lower commodity prices as reasons to their growth.

  • Worst behind JSPL; co winning blocks for decent price: IIFL

    Worst behind JSPL; co winning blocks for decent price: IIFL

    Dole says losing Mandakini block is a sentiment deterrent for Adani Power, but the Jitpur block should help Adani Power tie up coal for its Korba plant

  • Power Grid to seek World Bank loan for solar transmission

    Power Grid to seek World Bank loan for solar transmission

    The World Bank has expressed an interest in funding the solar transmission for Power Grid and the company may finalize on a USD 500 million loan in the next six months from it, according to CMD RN Nayak.

  • Hold 70% stake in JV with local company: Fedders Lloyd

    Hold 70% stake in JV with local company: Fedders Lloyd

    The company holds a 70 percent stake in the JV and is confident of maintaining margins of around 10-11 percent going ahead.

  • India to grow way ahead of global targets: ABB Global CEO

    India to grow way ahead of global targets: ABB Global CEO

    In an exclusive conversation with CNBC TV18‘s Archana Shukla, ABB Global CEO, Ulrich Spiesshofer says the Indian business will grow way ahead of ABB‘s global revenues growth targets of 4-7% in the next 5 years

  • Aim to maintain capex guidance of Rs 22500 cr: Power Grid

    Aim to maintain capex guidance of Rs 22500 cr: Power Grid

    The large-cap power utility firm has no intention of any equity dilution in coming days. The company raised Rs 5,321 crore during FPO last year, of which Rs 2,000 crore is yet to be utilised.

  • Current order book stands at Rs 2200cr: Bajaj Electricals

    Current order book stands at Rs 2200cr: Bajaj Electricals

    Four orders have been secured for transmission lines in Tamil Nadu and West Bengal, joint managing director Anant Bajaj said.

  • SC verdict on coal blocks: Pros discuss impact on economy

    SC verdict on coal blocks: Pros discuss impact on economy

    The Supreme Court on Monday declared all captive coal blocks allocated since 1993 as illegal.

  • Raichur-Solapur line's working fine, stable now: Power Grid

    Raichur-Solapur line's working fine, stable now: Power Grid

    Power Grid's Raichur-Solapur line has been connected to national grid. RN Nayak, the CMD says there were four trippings in the first week. Two were to increase reliability and were done intentionally, and the other two were because of a few glitches. For the last month there has been no tripping.

  • Bidding for projects in Odisha, Bihar: Ashoka Buildcon

    Bidding for projects in Odisha, Bihar: Ashoka Buildcon

    The company will now try for distribution in Bihar, Punjab, Odisha and other states and are in the process of bidding in Odisha and Bihar said Satish Parakh, MD, Ashoka Buildcon.

  • 'Deficit southern states to benefit from grid unification'

    'Deficit southern states to benefit from grid unification'

    RV Shahi, Former Power Secretary says the total generation capacity at the moment is 240,000 MW, whereas the grid is drawing not more than 120,000-130,000 MW.

  • NTPC incentive unlikely under draft power rules: Quant

    NTPC incentive unlikely under draft power rules: Quant

    Abhineet Anand, Power Analyst, Quant Capital, spoke with CNBC-TV18 on the impact of the CERC draft regulations on NTPC and other power companies.

  • Final FPO price expected on Dec 2: Power Grid

    Final FPO price expected on Dec 2: Power Grid

    With this, the government of India holding of 69.42 percent will come down to 57.89 percent, CMD RN Nayak said.

  • L&T bags Rs 2309cr worth orders in Q3 so far

    L&T bags Rs 2309cr worth orders in Q3 so far

    Despite winning orders of just Rs 2,300 crore in Oct-Nov, L&T believes the company is in line with its order book guidance. L&T has received orders in various segments and is quite satisfied with its performance.

  • Rs 7k cr capitalization enough to take view for yr: PGCIL

    Rs 7k cr capitalization enough to take view for yr: PGCIL

    RN Nayak, Chairman & MD, Power Grid, says capitalization is more than Rs 7,000 crore as on date. According to him, it is sufficient to take a view for the whole year.

  • Power Grid ups capex by 10% to Rs 1.10 lakh cr

    Power Grid ups capex by 10% to Rs 1.10 lakh cr

    RN Nayak, CMD of Power Grid Corporation of India told CNBC-TV18 that it has reviewed the capex of the plan and have found that the capex is increasing from Rs 100,000 crore to Rs 110,000 crore.

  • Transformers & Rectifiers eye over Rs 700cr revenue in FY14

    Transformers & Rectifiers eye over Rs 700cr revenue in FY14

    Jitendra Mamtora, CMD, Transformers and Rectifiers India, says in an interview to CNBC-TV18, says that distribution companies continue to pose problems for the company. Mamtora adds that the company plans to post a revenue of over-Rs 700 crore and EBITDA margins of close to 8 percent for FY14.

  • Will not cut capex; eye on consultancy income: Power Grid

    Will not cut capex; eye on consultancy income: Power Grid

    N Nayak, CMD, Power Grid Corporation of India, says on CNBC-TV18 that the company will not cut capex and increas it focus on boosting income from the consultancy business

  • IIFL expects power sector to perform well over 6-12 months

    IIFL expects power sector to perform well over 6-12 months

    "Power stocks are underperforming due to routine profit booking," says Harshavardhan Dole, analyst, IIFL in an interview to CNBC-TV18. Dole expects the power sector to perform well over the 6-12 months, as the sector heads into recovery.

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