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Power Energy News

Power-Energy-News By Industry-News-The Economic Times

03/02/2012 04:32 AM

Levy of import duty on power equipment will hurt sector: APP

Private power companies have requested the government to keep any proposed move in this regard in abeyance for the time being.Levy of import duty on power equipment will hurt sector: APP

 

03/02/2012 04:40 AM

Thermax expects revenues to fall in next fiscal

Thermax expects revenues to decline in the first few quarters of the next fiscal year hurt by sluggish growth in orders in key segments, its MD said.Thermax expects revenues to fall in next fiscal

 

03/02/2012 04:11 AM

GVK to raise Rs 1200 crore for Alaknanda power project

GVK Power & Infrastructure (GVKPIL) is in talks with lenders to raise additional Rs 1200 crore for the Alaknanda hydel power project.GVK to raise Rs 1200 crore for Alaknanda power project

 

03/02/2012 02:02 AM

Lanco refutes allegation of Rs 13,000 crore scam

A Narasimhan, senior vice-president (corporate communications), said, “Lanco Group has equity participation in few of the companies that have won the National Solar Mission projects in 2010.”Lanco refutes allegation of Rs 13,000 crore scam

 

03/02/2012 12:24 AM

Thermax gets 40% lower orders in October-December

Thermax received orders worth Rs 5.9 billion in October-December, compared with Rs 9.9 billion a year ago.Thermax gets 40% lower orders in October-December

 

02/02/2012 07:06 PM

Pay 5% more for power from February-April in Delhi

People in the city will have to shell out more for electricity with power regulator effecting a 5% hike in tariff to adjust power purchase cost of distribution cos. Pay 5% more for power from February-April in Delhi

 

02/02/2012 08:14 AM

RIL secures $400 million loan guarantee from SACE

Reliance Industries has secured a $400 million equivalent loan from Italian export-credit agency SACE SpA, for expansion of its petrochemical capacityRIL secures $400 million loan guarantee from SACE

 

02/02/2012 06:50 AM

New pricing may see cut in higher grade coal imports

India may need to import less high-quality coal as the government changes pricing to encourage Coal India to produce more of the grades.New pricing may see cut in higher grade coal imports

 

02/02/2012 02:56 AM

NTPC in talks with GAIL for sourcing gas supplies

State-run NTPC today said it is in talks with GAIL for signing a long-term term pact for sourcing imported gas for its plants.NTPC in talks with GAIL for sourcing gas supplies

 

02/02/2012 02:40 AM

NTPC in favour of penalty on Coal India for not meeting supply commitments

State-run NTPC would also like the government to set up a coal regulator to ensure the world's top coal producer is meeting its supply commitments.NTPC in favour of penalty on Coal India for not meeting supply commitments

 

01/02/2012 11:56 PM

Coal India deal with South Africa's Limpopo province stalled

In terms of a MoU signed last year between CIL & Limpopo's state-owned mining company Corridor Mineral Resources, a JV would develop new coal mines in the province.Coal India deal with South Africa's Limpopo province stalled

 

01/02/2012 06:52 PM

Panel suggests CIL to meet power companies' demands or face penalty

PM Manmohan Singh had set up the committee last month after leading industrialists, including Ratan Tata and Anil Ambani, sought his intervention.Panel suggests CIL to meet power companies' demands or face penalty

 

01/02/2012 06:44 PM

Anil Ambani's Reliance Power asks government not to review surplus coal decision

Reliance group has urged the government not to review the decision to allow the use of surplus coal from mines attached to its Sasan project.Anil Ambani's Reliance Power asks government not to review surplus coal decision

 

01/02/2012 09:59 AM

AP power cos to invest Rs 14,000 crore to strengthen network

The power utilities in Andhra Pradesh are planning to invest Rs 14,000 crore over the next four years to strengthen transmission in the stateAP power cos to invest Rs 14,000 crore to strengthen network

 

01/02/2012 08:37 AM

Not in favour of ramping up coal imports: NTPC

India's largest power generation company NTPC is not in favour of ramping up its coal imports as this would escalate the cost of electricityNot in favour of ramping up coal imports: NTPC