L and T power , the power division of larsen & toubro India may soon start the process of IPO .
The company has plans to invest Rs.25000 crores in Power sector.
Thermal and Hydro will be the main areas.
Company plans to start bidding for power plants in future
Indosolar is going to launch an IPO to raise 400 crores .
Company plans pre placement of IPO with institutions for raising 125 crores.
Company is in the business of solar photovoltaic cells . Present capacity is around 80 MW . Company plans to expand production to 250 MW per year .
IPO allotment , placement and [...]
News about TNEB Power purchase
With the power demand in the state poised to shoot up by nearly 8% this year, particularly during peak summer, the Tamil Nadu
Electricity Board (TNEB) will be forced to purchase power again and allocate funds for it from its limited resources.
While the power demand touched an all-time high of [...]
Suzlon bags 21 MW order from Gujarat Alkalies & Chemicals
This is a repeat order. Company has won similar order from the company in the past.
Suzlon energy won a 27 MW order from ITC.
Suzlon is the market leader for wind turbines in India
Suzlon RE Power wins US wind turbine order
Suzlon Energy said on Wednesday that its German unit REpower Systems has signed a contract to supply wind turbines with a total
capacity of 18.45 megawatts to US firm Heritage Sustainable Energy LLC.
Suzlon owns a majority stake in REpower, Germany’s third largest wind turbine maker. REpower’s US subsidiary clinched [...]
NHPC to miss target
NHPC Ltd, the country’s largest hydro power producer, is likely to miss its generation capacity addition target of 5,322 Mw for the current Plan period (2007-12) by over 30 per cent owing to geological and law & order problems at project sites. The company will, however, manage to meet its annual commitment [...]
Visa Steel Ltd has informed that the Company has commenced operation of its 2nd 25MW Power Plant situated at Kalinganagar Industrial Complex, Jaipur, Orissa.
Anticipating slowdown in industrial demand, companies are banking on commonwealth game orders for a near term boost
SM Trehan, MD, Crompton Greaves, says the company generates cash of Rs 350-400 crore every year and that is good enough to take the deal forward
Banerjee comes to the Pune-headquartered firm with a rich international experience across a diverse range of businesses
Windpower major Suzlon Energy today said it is exploring ways to raise finance, including private equity placement
Meanwhile, the BSE Sensex was up 344.16 point……
Tata Power Company has received an amount of Rs 31……
Power Grid Corporation of India has announced that……