Gujarat Urja Vikas Nigam

The company has won 200 MW under base capacity at a tariff of Rs 2.75/kWh and another 200 MW under a green shoe option at a tariff of Rs 2.71/kWh from GUVNL under a tariff-based competitive bidding process followed by an e-Reverse auction.

Gujarat Industries Power rises 4% on PPA agreement for 25 years

Gujarat Industries Power Company shares climbed 4.5 percent intraday Tuesday after signing power purchase agreement for 25 years with Gujarat-based company.

Essar Power may sell gas-based plants in Gujarat to pare debt

Burdened by a whopping Rs 20,369 crore debt, private utility Essar Power is looking to sell two of its gas-based plants in Gujarat to reduce debt, a senior company official said.

EDF Energies, SITAC set up JV for wind power

While SITAC has been a part of the Indian wind energy industry since 2007, this is EDF Energies first foray in the country's onshore wind market.

ITC replaces TCS as India's most admired company

In the latest list for the year 2014, ITC is followed by engineering and infrastructure major Larsen and Toubro (L&T), another FMCG giant Hindustan Unilever, carmaker Maruti Suzuki and public sector bank SBI among the top five most admired companies in India.

Essar Grp takes tough stand as gas-based power loses favour

Essar Steel's bid to reduce its cost structures may land its sister concern Essar Power in trouble, reports CNBC-TV18's Archana Shukla.