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Finland’s Fortum plans solar power expansion in India

Finnish state-controlled utility Fortum (FUM1V.HE) on Tuesday said it was planning to invest 200-400 million euros ($228-456 million) in solar power projects in India. "Some large-scale greenfield development will be targeted to

12 Apr 2016

Power & Energy

Canada’s SkyPower looking to offload equity in Madhya Pradesh project

Canada-based solar power developer SkyPower Global, which won contracts to set up plants of 150 MW in Madhya Pradesh last July, is looking to offload equity in the project and may subsequently

11 Apr 2016

Power & Energy

Cairn India has indemnity from Cairn Energy on Rs 20,000 crore tax

Cairn India has full indemnity from its former promoter Cairn Energy of UK against levy of any tax for past deeds, including the two-year old Rs 20,495 crore retrospective tax demand,

11 Apr 2016

Power & Energy

India-Iran to finalise on Farzad-B gas project by October

India and Iran would seal ‘development, financial and commercial’ terms to develop the prolific gas project – Farzad B in the Persian Gulf by a consortia of New Delhi-based explorers led by

11 Apr 2016

Power & Energy

TAPI project: Pact inked for $200 million investment in studies

Shareholders of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Pipeline Company Limited today signed an agreement to invest $200 million in studies and engineering for the $10 billion project to transport natural gas to energy-hungry countries

11 Apr 2016

Oil & Gas·Power & Energy

Adani Power says it falls under ‘composite scheme’

Adani Power today said the Appellate Tribunal for Electricity has rejected the claims of discoms and consumer representatives, who had appealed against compensatory tariff to the company. The Tribunal (APTEL) on April

11 Apr 2016

Power & Energy

Suzlon bags 105 Mw wind project order from Greenko Group

Renewable energy major Suzlon Group on Monday announced its maiden order win of 105 Mw from Greenko Group with over 1 Gw of operating assets. "The project will be located in Andhra

11 Apr 2016

Power & Energy

Why SunEdison’s exit won’t hurt India’s solar sector

Its exit is unlikely to impact the market too much as there are other American and Chinese players waiting to step into the gap. SunEdison’s decision to sell its investment in India

08 Apr 2016

Power & Energy

ONGC Board approves Field Development Plan (FDP) for development of Cluster 2 fields of Deep-water NELP Block KG-DWN-98/2

Board of Directors of ONGC have, in its 280th meeting held today, approved the Field Development Plan (FDP) for the development of fields falling under Cluster 2 of the Deep-water NELP

08 Apr 2016

Power & Energy

ONGC, NTPC & CIL to revive 3 urea plants with Rs 18K cr outlay

Cash-rich public sector firms ONGC, NTPC and Coal India were today asked to adopt one shut urea plant each for revival which would cost about Rs 18,000 crore over the next four

08 Apr 2016

Power & Energy

Power & Energy - Page 108

Finland’s Fortum plans solar power expansion in India

Canada’s SkyPower looking to offload equity in Madhya Pradesh project

Cairn India has indemnity from Cairn Energy on Rs 20,000 crore tax

India-Iran to finalise on Farzad-B gas project by October

TAPI project: Pact inked for $200 million investment in studies

Adani Power says it falls under ‘composite scheme’

Suzlon bags 105 Mw wind project order from Greenko Group

Why SunEdison’s exit won’t hurt India’s solar sector

ONGC Board approves Field Development Plan (FDP) for development of Cluster 2 fields of Deep-water NELP Block KG-DWN-98/2

ONGC, NTPC & CIL to revive 3 urea plants with Rs 18K cr outlay

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Power & Energy - Page 108

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