New Delhi: The government on Wednesday approved the signing of Memorandum of Understanding between India and Saudi Arabia on establishing a mechanism for investment in infrastructure. The MoU will be a step forward in engaging with the institutions of Saudi Arabia to attract a potential investment into the infrastructure sector, an official statement said. It […]
New Delhi: Anil Ambani-led Reliance Power has asked the Sebi to immediately ban Edelweiss Group from the capital market, alleging “illegal and market disruptive activities” to cause a steep plunge in the company’s share price. Reliance Group, last week, accused L&T Finance and Edelweiss Group entities of “illegal” and “motivated” actions in invoking the pledged […]
Mumbai: The Bombay High Court rejected Anil Ambani led Reliance Group petition seeking relief against pledged share sale by Edelweiss Financial Services Group. Anil Dhirubhai Ambani Group (ADAG) had moved the Bombay High Court seeking a stay on the sale of pledged shares of its three listed firms — Reliance Power, Reliance Infra and Reliance […]
Vikram Solar, one of India’s leading module manufacturer and a prominent rooftop solar & EPC solutions provider has bagged the project order for a 1 MW Floating solar plant for Hindustan Zinc Limited. The plant will be located at Ghosunda Dam, Near Chittorgarh, Rajasthan. This would be Vikram Solar’s 2nd floating solar project after the […]
New Delhi: As it were 28,594 families have been cleared out to be energised over the nation, according to the official data by Ministry of Power. Of the number, whereas 20,134 households units are cleared out in Chhattisgarh, 8,460 are however to be zapped in Rajasthan, the Saubhagya dashboard appeared. To date, 16,94,616 and 7,07,727 […]
New Delhi: Investments worth over Rs 2.50 lakh crore in thermal power projects (based on domestic coal, imported coal and gas) are facing stress, and immediate remedial measures are needed to ensure that they are revived in a time-bound manner, as per a report.
New Delhi: In spite of a prior arrangement to support its obtaining of the Center’s 52.63per penny stake in Rural Electrification Corporation (REC) fundamentally through borrowings, state-run Power Finance Corporation (PFC) will probably draw Rs 10,000 crore from its ‘stores and surplus’ to do the Rs 14,000-crore buy. The arrangement will appear in the not […]
Kochi: KREEPA Green Power Expo 2018–19, being organised by the Kerala Renewable Energy Entrepreneurs’ and Promoters’ Association (KREEPA), in association with the ministry of new and renewable energy, ANERT and Suchitwa Mission, will be held from February 13 to 15 at the Bolgatty Event Centre here. Power Minister M. M. Mani will inaugurate the third […]
Hyderabad: TS Transco and Genco Chairman and Managing Director (CMD) D. Prabhakar Rao made a surprise inspection of the ongoing 220 KV High Temperature Low Sag (HTLS) conductor works at Shivarampally on Thursday.
Bengaluru: In a big energy saving move, the Kempegowda International Airport installed a 3.35 MW rooftop solar power plant to cater to its needs on Wednesday. With an annual solar generation of around 4.7 million units, the plant could see the airport become self- sustaining in power by 2020.
Hyderabad: The National Thermal Power Corporation Limited (NTPC) has threatened Telangana that it would discontinue power supply if the outstanding bills of Rs 1,356.06 crore were not cleared.
New Delhi: State-run power giant NTPC on Tuesday said it has signed an agreement with HDFC Bank for a Rs 2,500 crore loan to part finance capital expenditure.