At Rs 1,000 crore, investment banking giant Goldman Sachs' is making its biggest investment in India and it's all going to ReNew Wind Power, a company owned by former Suzlon COO Sumant Sinha reports CNBC-TV18's Anchal Gupta.
The Power Ministry has said that companies producing power should approach the state utilities directly, if they want their tariffs reworked, reports CNBC-TV18's Anchal Gupta.
Maharashtra Chief Minister Prithviraj Chavan has promised that all infrastructure projects, whatever the stage of development, will be completed on time. However, this will be a herculean task and the Chief Minster is well aware of this, reports CNBC-TV18's Anchal Gupta.
In a blow to Reliance Power, Environment Minister Jairam Ramesh has clarified that the ‘No Go’ status of the coal block, which would have supplied coal to the company's ultra mega power project in Sasan, remains as of now, reports CNBC-TV18’s Anchal Gupta.
Hindustan Construction Company (HCC) has had a trying quarter. It was hit by a stop of construction at its flagship Lavasa project and delayed approvals in other projects.
The government's infrastructure investment target of USD 1 trillion is all fine, but the industry is divided on just how this money should be raised.
The government is giving energy conservation a fresh boost. The next set of energy conservation measures for industry will mean that not just power plants, but every company making products that use energy, will have to pull up their socks.
Spanish wind power giant Gamesa will invest Rs 400 crore to manufacture wind power equipment in India. it has also brushed aside speculation of interest in buying a stake in Suzlon. Anchal Gupta and Vidhi Godiawala report.
Policymakers in the power sector are not tetchy about budget 2011. However, power companies are complaining loud and clear. They say a lot more has to be done to re-energise the sector. CNBC-TV18’s Anchal Gupta and Vidhi Godiawala share the details of the complaints from budget 2011.
Budget 2011 has paid no small attention to the infrastructure sector and the paragraph devoted to it hold both good, and some not so good news, report CNBC-TV18’s Anchal Gupta and Gopika Gopakumar.
Tata Power may have won the first round in its battle with Reliance Infra, with the Bombay High Court ruling in its favour. But the war is far from over, reports CNBC-TV18’s Anchal Gupta and Ashwin Mohan.