Transformers & Rectifiers expects total investments of states in the transmission sector to go up to Rs 60,000 crore in the near future.
The ministry and state-run auctioneer MSTC launched the web portal to mark a shift from present manual auction process to electronic mode for determining the lowest bidder for the projects, the ministry said in a release.
Power major Tata Power is looking abroad as it faces challenges in India. Addressing the Tata Power AGM in Mumbai today, Tata Group chairman Ratan Tata said that the company was seeking opportunities overseas to fulfill the needs of its shareholders, reports CNBC-TV18’s Swati Khandelwal Jain.
Anand Agarwal, CEO and director of Sterlite Technologies in an interview on CNBC-TV18 spoke about the latest BSE announcement they made about their wholly owned subsidiary of the Jabalpur Transmission Company completing 100% acquisition of the Bhopal-Dhule Transmission Company Ltd.