The company will be reporting its April-June quarter results (1QFY20) results on August 14, 2019 NEW DELHI: Jindal Steel and Power Ltd (JSPL) on Thursday said that it has not defaulted on any payments. The company said all speculations/rumours with respect to payment default are “baseless and false in nature”. “The business is going on […]
Free electricity decision the result of BJP’s effort: Manoj Tiwari
Earlier today, the Arvind Kejriwal government announced free electricity to those consuming up to 200 units and 50 per cent subsidy for those consuming between 201-400 units a month. New Delhi: Delhi BJP president Manoj Tiwari on Thursday claimed that the Delhi government’s decision to give free electricity to those consuming up to 200 units […]
NTPC chief for setting up of clean power projects without PPAs
In the current scenario, bankers and financial institutions insist for long-term PPAs before financial closure or fund tie-up of a project. New Delhi: Amid a row between discoms and clean energy developers over renegotiation of tariff, NTPC Chairman and Managing Director Gurdeep Singh on Friday suggested setting up of renewable projects without power purchase agreements […]
Electric Vehicles: Tata companies join hands to install 300 charging stations
As part of the initiative, the companies on Friday inaugurated seven charging stations in Pune to enable the e-mobility drive in the city. New Delhi: Tata Motors and Tata Power on Friday said they have come together to install 300 fast charging stations by the end of this fiscal in five cities — Mumbai, Delhi, […]
Adani Power completes acquisition of GMR Chhattisgarh Energy
The Raikheda power plant is situated close to the coal bearing areas of Chhattisgarh. New Delhi: Adani Power on Friday said it has completed acquisition of GMR Chhattisgarh Energy (GCEL), which owns and operates a 1,370 MW (2 X 685 MW) power plant at Raikheda village in Raipur. “52.38 per cent of the equity stake […]
Colorado Governor to Lead High-powered Trade Delegation to New Delhi, Mumbai and Bengaluru
Colorado Governor Jared Polis said the delegation will focus on expanding trade with India through partnerships in areas like renewable energy, clean technology and smart mobility. Washington: Colorado Governor Jared Polis on Tuesday announced that he will lead a high-powered trade delegation from the state to India this fall. Speaking at the ‘Colorado-India Business Roundtable’, […]
I-T attaches Rs 254-cr worth ‘benami’ equity of Ratul Puri; links him to VVIP choppers scam
Ratul Puri, the chairman of Hindustan Powerprojects Pvt (HPP) Ltd, is the nephew of Madhya Pradesh Chief Minister Kamal Nath. New Delhi: The Income Tax Department has attached Rs 254 crore worth of “benami” equity of Ratul Puri, which he is stated to have allegedly received from a suspect in the AgustaWestland VVIP chopper scam […]
Tender For 10 MWp Solar Power Plant at National Cancer Institute
Supply, installation, testing, commissioning, including operation and maintenance of 10 MWp Solar Power Plant of RESCO Renewable Energy Service Company model at National Cancer Institute, Badsa, Jhajjar, Haryana For more information please see below link:
Power discoms’ dues to generation companies stand at Rs 21,000 crore monthly
The analysis is based on data on 18 generators — 6 central and 12 private — with a total conventional capacity of 115 GW tied up with state discoms across the country New Delhi: The dues to be paid by power distribution companies in India to generators stand at a monthly average of Rs 21,000 […]
5,645 electric buses sanctioned for 65 cities: Amitabh Kant
Last week, the GST Council headed by finance minister Nirmala Sitharaman decided to cut the tax rates on e-vehicles from 12 per cent to 5 per cent with effect from August 1. New Delhi: Niti Aayog CEO Amitabh Kant on Monday said an inter-ministerial panel has sanctioned 5,645 electric buses for operations in 65 cities, […]