Powergrid Corporation of India, the country’s largest transmitter of electricity, is planning to offer bandwidth on its fibre optic network to entertainment companies for the first time.
“We plan to enter the entertainment space with a joint venture in Andhra Pradesh. We are talking to two private companies which will actually roll out the business,” said […]
Anil Ambani-promoted Reliance Power (R-Power) has roped in international consultancy firm Ernst & Young (E&Y) to upgrade its Sasan ultra-mega power project (UMPP) in Madhya Pradesh to conform to the norms for receiving carbon credits.
This move will help the power project generate an additional revenue of Rs 200-300 crore every year.
This move will help the […]
Polymer products maker Time Technoplast Ltd on Monday said it has completed the acquisition of Bahrain-based Gulf Power Beat WLL through its subsidiary NED Energy Ltd, Hyderabad.
In this regard, the firm yesterday signed a share purchase agreement with GPW and also completed the necessary formalities, it said in a filing with the Bombay Stock Exchange.
Time […]
Reliance Industries (RIL) and Bhel are in talks to form a joint venture (JV) for setting up solar fab units. The development comes close on the heels of the Mukesh Ambani Group company’s plan to invest over Rs 30,000 crore in the chip manufacturing business. While RIL is scouting for partners for setting up two […]
Indiabulls Real Estate Ltd has informed that Indiabulls Power Generation Ltd (IPGL) has been awarded the Letter of Intent for Bhaiyathan Thermal Power Project (Bhaiyathan TPP) in Chhattisgarh state by Chhattisgarh State Electricity Board (CSEB). IPGL is a subsidiary of Indiabulls Power Services Ltd (IPSL), a subsidiary of Indiabulls Real Estate Ltd (the Company).
Chhattisgarh State […]
During the year 2007-08, lignite production and excavation of overburden and power generation have surpassed previous records and are the highest for any year since inception
Neyveli Lignite Corp. Ltd. (NLC) on Tuesday announced that during the year 2007-08, lignite production and excavation of overburden and power generation surpassed previous records and were the highest for […]
Power Grid Corporation has raised close to $1 billion (Rs 4,000 crore) via loans from Asian Development Bank (ADB) and The World Bank.
According to a release issued by Power Grid to the BSE today, the company has signed a loan agreement with ADB, Manila for $400 million. The loan is part of ADB’s newly introduced […]
elReliance Power, the flagship company of the Reliance Anil Dhirubhai Ambani (ADA) Group, will place orders worth Rs 10,000 crore for 12 boiler, turbine and generators (BTGs) for its power plants in a few days. This will be the largest ever such order worldwide to be placed with a power equipment manufacturer.
Five international boiler and […]
The power arm of Reliance Anil Dhirubhai Ambani Group (R-ADAG) — Reliance Power (RPL) — has accelerated the implementation of its 4,000 mw Sasan ultra mega power project (UMPP). It now plans to commission at least two units of the mega project within the Eleventh Plan period (by 2012). The new target would mean the […]
Larsen & Toubro Ltd (L&T) has announced that the Company is all set to ramp up its manufacturing capacity of super-critical boilers and super-critical turbine generators to 4000 mw per annum. The foundation stone for the upgraded facility was laid at Hazira on March 19, 2008 in presence of Mr. A M Naik, Chairman and […]
