Archive for the 'Power' Category

Videocon buys 10% in Mozambique oil firm

Following the stake buy, Videocon will get an equivalent stake of 10% in an oil block Anadarko in Mozambique

PFC to raise Rs 300cr via bonds

Sources said each of the 10 bankers to the issue have committed Rs 50 crore

Origin underlying year profit up 20%

Origin Energy Ltd, Australia’s second-largest power retailer and a takeover target, posted a 19.7% rise in full-year underlying profit.

Mitsubishi to triple solar cell output

Japan’s Mitsubishi Electric Corp plans to invest over 10 billion yen ( million) to triple its output capacity of solar cells by March 2012.

JKPDC plans 690 MW Rattle power project

The state has invited bids from global players for the hydro-electric project to be developed on developed on build-own-operate and transfer basis

NTPC approaches govt to raise $25bn ECBs

NTPC is pursuing this matter with the power minister to achieve its ultimate objective of becoming a 50,000 Mw company by 2012

Suzlon says turbine function normal

A news report had said the company is facing complaints in India over technical problems with turbines

PSEB plans 2,640MW thermal power project

Punjab State Electricity Board has floated a special purpose vehicle to facilitate the development of a 2,640 MW thermal project

Thermax to invest 500cr in new plant

Thermax Ltd, a Pune-based boiler and absorption chiller manufacturer has decided to set up a new Rs 500-crore manufacturing plant.

Govt wants AXE deo ad off air

Government has cracked the whip against FMCG major Hindustan Unilever’s AXE Dark Temptation Deodorants advertisement terming it indecent.