The auction of coal linkages for the power sector is slotted to happen soon Union Minister Piyush Goyal has confirmed that Power Ministry will soon approach the cabinet to seek necessary approvals.
State-owned NTPC registered an annual profit of Rs 10,243 crore during 2015-16, showing a mild decline from the previous year’s figure of Rs 10,291 crore. The company, a leading power producer, has
When the going gets tough, the tough get going. And sure enough, at a time when many metals-and-minerals companies have been brought to their knees by a downturn in the commodities cycle
Essar Power expects to spend Rs 1,400 crore this year to import coal from countries such as South Africa , Indonesia, Australia, Mozambique and Russia . The company has developed an indigenous
Hong Kong's CLP Group, the largest overseas investor in power in India, wants a piece of the country's solar energy action. CLP (formerly China Light & Power), is finalising its solar debut
To encourage solar power generators and equipment manufacturers, the New and Renewable Energy Ministry will unveil a policy on solar zones that would be spread over one or more districts of a
State-owned ONGC is mulling buying majority stake in GSPC’s Krishna Godavari basin gas block which will help prevent the Gujarat Government firm’s Rs19,500 crore loan from turning into an NPA. Since the
The slowdown in the capital goods industry has pushed Union government-controlled Bhel (Bharat Heavy Electricals Ltd) into its first-ever annual loss of Rs 896 crore for the year ended March. It had
India is on track to become one of the largest installers of solar power globally as its installed solar capacity has reached 6,000 megawatts from 10 megawatts in less than six years,
Sembcorp Gayatri Power Limited(SGPL) announced today that it has synchronised the first 660 Mw unit of its 1,320 Mw power plant in Andhra Pradesh to the grid. The company already owns and
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