The country’s largest power-producer NTPC will double its investment on expansion. This state- run company had invested Rs 11,000 crore for last year’s expansion and now they are aiming for Rs 21,000 for their expansion activities. This information was given by their Chairman and Managing Director Arup Roy Choudhury. The company will keep an eye […]
CESC Ltd which is an RP-Sanjiv Goenka Group company had confirmed that it had acquired two hydroelectric power plants owned by India Bulls. These plants are in Arunachal Pradesh which has a total power capacity of 146 mw. These two power plants are namely Pachi Hydro Power Projects Ltd and Papu Hydro Power Projects Ltd. […]
A 4,000 MW ultra power project will be developed in Jharkland. This was made possible with the effort of State-run Power Finance Corp in forming special vehicle, Deoghar Mega Power Ltd. With this, the Deoghar will not become the second Ultra Mega Power Plant in the State while the first is the Tilaiya. The latter […]
The joint venture of Bharat Forge Ltd. and Alstom, the Alstom Bharat Forge Power Ltd. (ABFPL) has bagged an order worth Rs.1570 crore orders for supply, engineering, manufacturing of super critical steam turbine generators for NTPC’s upcoming power project at Solapur, Maharashtra. This JV is expected to be commissioned by 2013 with an annual capacity […]
There is a lot of heated discussion going over Kudankulam Nuclear Power project. We had earlier told you that the 2000MW Kudankulam Nuclear Power Plant got TN Govt.’s Green Signal after a long time. these days; PMO mentioned that first unit of production of electricity will start in 40 days from now. Sources confirm that […]
Piramal Healthcare on Monday announced that it has bought world-wide rights for potential Alzheimer’s tracers developed by molecular-imaging and development. However, the deal amount was not disclosed. In the statement, Piramal mentioned that the company is shifting from making branded generic medicines to making exclusive patent protected products indicating their change in approach with regards […]
Finally on Monday the Tamil Nadu government gave a green signal to Kudankalam Nuclear Plant. TN Chief Minister J Jayalalitha announced this information after discussing it with her ministers of cabinet. This is a project of 2000MW which started in 2001, but due to public protests, this project was locked down from September 2011. The […]
Finance Ministry is on a go to recover the fiscal deficit. As a part of this the government is planning to put back the excise duty cut on diesel. According to the data given by the oil ministry officials the government will be able to get a minimum Rs.35, 000 crore only by increasing the […]
