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  • Odisha gets investment proposals worth Rs 4,940 crore in wind energy sector

    On the occasion, the prospective investors had one-to-one meetings with senior government officials and officials of state nodal agency GRIDCO, wherein an investment proposal of Rs 4,940 crore was assured by different investors for 575 MW capacity of wind energy.

  • SJVN, Grid Corporation of Odisha to form JV for hydro, solar projects

    SJVN, Grid Corporation of Odisha to form JV for hydro, solar projects

    The two companies signed a Memorandum of Understanding (MoU) at Bhubaneswar for developing hydro and solar projects by incorporating a joint venture company

  • NHPC rises 2% on power purchase agmt with Odisha govt for 35 yrs

    NHPC rises 2% on power purchase agmt with Odisha govt for 35 yrs

    "Power purchase agreement (PPA) in respect up-coming Teesta-IV Project, West Bengal & Teesta-V Power Station, Sikkim have been signed on February 21, 2017 with GRIDCO, Government of Odisha," the state-run power company said in its filing.

  • GMR up 11%, to get EBITDA boost post CERC's tariff order

    GMR up 11%, to get EBITDA boost post CERC's tariff order

    The company said this long pending order would entitle GMR Group to collect all arrears of power supply from GMR Kamalanga Energy to GRIDCO for power supplied till September 2015. Going forward, the order will help improve company‘s EBITDA by Rs 120 crore, it added.

  • JSL Stainless signs power purchase agreement with GRIDCO

    JSL Stainless signs power purchase agreement with GRIDCO

    JSL Stainless has signed power purchase agreement with GRIDCO. The company is going to set up 1320 MW thermal power plant in Orissa via SPV JSL Energy, quoting NewsWire18, reports CNBC-TV18. It touched an intraday high of Rs 113 and an intraday low of Rs 108.55. At 13:23 hrs the share was quoting at Rs 111.80, up Rs 3.50, or 3.23%.

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