Power Project

Under the Maharashtra cabinet's decision, the UPS will be implemented from March this year, benefiting all state government employees, according to an official statement.

Tata Power arm commissions 225 MW hybrid power project in Rajasthan

Hybrid power systems generate electricity from two or more sources, usually renewable.

CBI questions Karti Chidambaram in 'bribe-for-visa' case for 3rd consecutive day

The CBI is questioning Karti Chidambaram since Thursday in the 11-year old case which the Congress leader has termed as "most bogus" and a result of "political vendetta"

Govt deallocates coal block in Jharkhand allotted for power project

"It is noted that even after lapse of 10 years since allocation of the coal block (Mourya coal block), no significant progress has been made to operationalise the coal block," the coal ministry said in a letter to the company.

Tata, ICICI JV to raise $850mn for investing in power plants

Tata Power and ICICI Venture have joined hands to set up a joint venture, which will raise USD 850 million to invest in operational and almost ready power projects.

Suzlon bags 71.40-mw wind power project from GIPL

"Suzlon will install 29 units of S97-120m wind turbine generators (WTGs) with all steel hybrid tower and 5 units of S97-90m WTGs with tubular tower having a rated capacity of 2.1 mw each," the company said in a statement.

Inox Wind bags 100 MW wind power project from Tata firm

The order is TPREL's fourth project with Inox Wind taking the cumulative orders placed with the energy solutions provider to over 300 MW, Inox Wind said in a statement today.

Inox Wind bags 50 MW wind power project from TPREL in MP

The order is TPREL's third project with Inox Wind after two previous orders of 172 MW. TPREL is a 100 percent subsidiary of Tata Power and has 300 MW of commissioned renewable assets," Inox Wind said in a regulatory filing.

Lanco Infratech subsidiary starts 371-MW unit in Andhra

Lanco Kondapalli Power is an Independent Power Project (IPP) located at Kondapalli Industrial Development Area near Vijayawada in Andhra Pradesh, India.

46,000 MW power projects facing viability issues: Crisil

Power projects with around 46,000 MW capacity are facing viability issues due to lack of long-term purchase agreements, inadequate fuel supply and aggressive bidding to win projects, says a Crisil report.

Revenue from Bangla project to come in from 2018: Rel Power

Reliance Power has signed an agreement with Bangladesh Power Development Board for setting up a 3,000 mw liquid gas-fired plant along with a floating terminal to import gas in ships to power the unit. The total investment will be USD 3 billion, Lalit Jalan, Group Director, Reliance Power told CNBC-TV18.

IL&FS signs 2 MoUs in China worth $4 bn

With Prime Minister Narendra Modi on a visit to China, infrastructure development and finance firm IL&FS said it had signed agreements with two Chinese companies, Industrial and Commercial Bank of China and power producer Huadian for its projects.

Rights issue to cut debt; coal bids not aggressive: GMR

GMR has opened a Rs 1400-crore rights issue, recently upped its stake in the Delhi Airport and was also in the news for what some analysts said was “aggressive” bidding in the coal auction. In an interview, the company CFO discussed each.

Gayatri Projects' maiden power plant commences ops

To elabourate upon the JV's plans going forward, Gayatri Projects MD TV Sandeep Reddy spoke to CNBC-TV18.

Budget 2015: India to set up 5 new UMPPs for Rs 1 lakh crore

"Five more ultra mega power projects (UMPPs), under the plug and play model will be set up with total investments of Rs one lakh crore," Finance Minister Arun Jaitley said in his first full-year Budget for 2015-16.

McNally Bharat up 4% on order for sub-stations construction

"The company has received an order for design, engineering, supply and construction of various sub-stations for a power project for a value of Rs. 117.95 crore (approximately)," said the company in its filing.

Lanco Infratech bags Rs 3,960 cr contract

Lanco emerged as the successful bidder for the contract which has been awarded by Tamil Nadu Generation and Distribution Corporation Ltd. With this contract, the group's order book now stands at Rs 27,005 crore.

Coal India signs fuel supply pacts for 71,500 MW capacity

Amid continuous delays, the Cabinet Committee on Investment (CCI) had earlier said that timelines for signing of fuel supply pacts for power projects of 78,000 MW capacity should be met.

Coal India signs fuel supply pacts for 71,500 MW capacity

Amid continuous delays, the Cabinet Committee on Investment (CCI) had earlier said that timelines for signing of fuel supply pacts for power projects of 78,000 MW capacity should be met.

NTPC pegs FY14 capex at Rs 20,200cr: CMD

According to NTPC's Arup Roy Choudhury, their coal imports are progressing on track. The company's FY14 capex plans stand at Rs 20,200 crore, he adds.

Speedier clearances no magic wand for India's infra logjam

The government hopes that speeding up the launch of hundreds of new power plants, highways and oil exploration blocks will breathe new life into an economy that has fallen off its perch as an emerging market high-flier.

Cabinet may discuss NTPC's Jharkhand plant transfer in Jan

The relocation issue of NTPC's proposed North Karanpura power project in Jharkhand to another site in the state is likely to be discussed early next month by the Cabinet, according to a top Coal Ministry official.

Reliance Power seeks arbitration against distribution cos

Reliance Power ltd said it has filed for arbitration against 11 state distribution companies which had contracted to buy power from its delayed 4000-MW power project in Andhra Pradesh.

RPower's Butibori plant starts generation

Reliance Power today said the first of two units of its 600 MW Butibori thermal power plant in Maharashtra have started generating electricity.

Gammon holds order book of Rs 10,000cr, says CFO

Parag Parikh, CFO, Gammon Infrastructure said that things have slowed down in the broader infrastructure segment over the last six months. The power sector has been worst hit and has almost come to a standstill, opined Parikh.