Yearly Archives: 2017

smart meter

L&T wins Rs 1,000 crore contract to maintain 5 million smart meters Larsen...

The smart meter tender, floated by state-owned Energy Efficiency Services Limited (EESL) earlier this year, was divided into two parts — meter procurement and...
NCLT

NCLT extends time period for Corporate Insolvency Resolution Process for Electrosteel Steels Limited ...

The order was passed by the Kolkata Bench of NCLT on December 19, 2017, Electrosteel Steels informed the BSE on Thursday . The scrip...
power assets

Brookfield-Kotak bids for Jaypee’s power assets

The consortium submitted its bid to the committee of creditors and top executives gave a detailed presentation on operational and financial details for the...
coal supplies

Coal supply surge pulls down spot power prices Spot power prices have declined...

Improved coal supplies and reduced power demand in winter boosted inventory levels of the fuel at power plants. Coal stocks at plants are close...
captive blocks

Govt forms panel to find ways to increase output of captive coal blocks

Over 40 captive blocks were producing close to 40 million tonnes before the Supreme Court cancelled all licences in 2014. Now the production is...
CIL

Government sanguine about coal sector in 2018 on demand upswing The government is...

Also, the government is hopeful of a better show by state-owned Coal IndiaBSE 0.15 % (CIL), which is expected to achieve an output of...
Mines

Law to spend mine revenue improved people’s condition: Narendra Singh Tomar

Mines Minister Narendra Singh Tomar told the Lok Sabha that district mineral foundations, which were created after the Mines and Minerals (Development and Regulation)...
JSW Steel

Aion-JSW Steel files Rs 3,500 crore resolution plan for Monnet Ispat

The Aion Capital-JSW Steel consortium, which last week emerged as the frontrunner to acquire bankrupt Monnet Ispat and Energy, submitted a Rs 3,500-crore resolution...
Tata Power Delhi

PFC, Tata Power Delhi Distribution ink MoU for power distribution

State-run Power Finance Corporation said its consultancy arm PFC Consulting Ltd (PFCCL) has entered into a memorandum of understanding (MoU) with Tata Power Delhi...
NPCIL

NPCIL spent Rs 706 crore more on KNPP component, CAG finds The Nuclear...

The Comptroller and Auditor General report on KNPP units 1 and 2 was tabled in the Lok Sabha today. According to the report, the cost...
Majuli Island

Mr. Gadkari to visit Majuli Island in Assam on December 29, 2017 Union...

Brahmaputra Board under Ministry of Water Resources, River Development and Ganga Rejuvenation was entrusted the work of protection of Majuli Island from floods and...
power transmission

L&T’s construction arm wins Rs 1,600-crore job order Larsen & Toubro's (L&T) construction...

In a BSE filing, the company said its L&T Construction's power transmission and distribution business has secured an order worth of Rs 1,600 crore...
Smart City

Progress in smart city projects in Guwahati, Dharamshala not satisfactory: Official The housing...

In a review of smart city projects by the ministry today, it was flagged that these two cities were lagging in implementation of projects...
renewable energy

Government unlikely to scrap customs duty on import of solar panels

The renewable energy ministry had backed the demand by solar developers that such equipment should continue to be exempted from duty. This would mean developers...
steel making facility

JSPL successfully completes Basic Oxygen Furnace in Odisha plant Jindal Steel & Power...

With the completion of the new steel making facility, JSPL will be able to utilize the full capacity of its 4 mtpa blast furnace,...
Hyderabad real estate

Hyderabad residential launches up 30% since 2014, says JLL In a positive development...

In a positive development for Hyderabad real estate, which has been facing sluggishness for the past several years, the residential launches in the city...
bharatmala

NHAI will issue Rs 5k cr bonds for senior citizens in February to fund...

The authority is looking to tap into the retirement savings of senior citizens to raise around Rs 5,000 crore in the first tranche that...
Delhi Electricity Regulatory Commission

Delhi power distributions companies seek to shift peak hours From the next financial...

Power discoms BSES Rajdhani, BSES Yamuna and Tata Power Delhi have sent their proposals to the Delhi Electricity Regulatory Commission (DERC) for tariffs and...
solar plant

MP aims to beat China, build world’s biggest solar park Just a day...

While half of the power from the Rewa plant - one of the biggest in the country - will be supplied to Delhi Metro,...
highways corridors

India eyes ₹25,000-cr highway corridors to link trade points with neighbours To facilitate...

“About 2,000 km of highways will be constructed to link major highways corridors to international trade points,” the Road Transport and Highways Minister told...

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