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October,16,2018,Tuesday

WEEKLY NEWS UPDATES IN POWER/COAL/MINES/RE

LATEST NEWS

Jaiprakash Power Posts Rs 4 Cr Profit In Apr-Jun

Jaiprakash Power Posts Rs 4 Cr Profit In Apr-Jun

Jaiprakash Power Ventures today posted a profit of about Rs 4 crore on standalone basis for the April-June quarter of 2018-19.

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MOST NOTABLE STORIES OF THE WEEK

Energy efficiency drive: Tamil Nadu fourth among industria states

Energy efficiency drive: Tamil Nadu fourth among industria states

Tamil Nadu is ranked fourth among industrialised states in pursuing energy efficiency initiatives. According to the first edition of the survey released by Niti Aayog on Thursday, the state lags in energy efficiency programmes for buildings.

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Gadkari Urges Indian Banks To Be Part Of Infra Growth Story

Gadkari Urges Indian Banks To Be Part Of Infra Growth Story

Urging Indian Banks to be a part of infrastructure growth story, Union Minister Nitin Gadkari today said there are several foreign direct investors keen on investing in the space.

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Finmin May Approve Rs 4,000 Crore Subsidy For FAME II: Officials

Finmin May Approve Rs 4,000 Crore Subsidy For FAME II: Officials

The finance ministry is likely to approve a subsidy outlay of nearly Rs 4,000 crore for the second phase of FAME India scheme to promote electric and hybrid vehicles, official sources said today.

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Bhushan Power

NCLAT Allows Bidders Of Bhushan Power To Revise Offers By Monday

The National Company Law Appellate Tribunal (NCLAT) today permitted all the three bidders of debt-ridden Bhushan Power & Steel Ltd -- Tata Steel, Liberty House and JSW -- to file revised resolution plans by Monday.

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CIL To Buy ₹12,000 Cr Worth Mining Equipment

CIL To Buy ₹12,000 Cr Worth Mining Equipment

Coal India Ltd (CIL) is looking to procure mining equipments worth ₹12,000-13,000 crore in the next two to three years to ramp up its coal production to one billion tonne.

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US signs MoU with India for 41 MW power project in Andhra

US signs MoU with India for 41 MW power project in Andhra

US trade development agency on Tuesday signed a memorandum of understanding with an Indian private company for the development of a 41-MW hybrid wind, solar, and energy storage power plant in Andhra Pradesh.

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India's logged a record $98 billion in deals this year

India's logged a record $98 billion in deals this year

Indian companies have been involved in deals worth a record $97.6 billion this year. Top banker JPMorgan Chase & Co. is predicting more offshore interest in the nation, particularly in technology, media and telecom.

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Reliance Power may earn Rs 2,000 cr from Mumbai power consumers

Reliance Power may earn Rs 2,000 cr from Mumbai power consumers

Mumbai suburban power consumers may end up paying about Rs 2,000 crore to Reliance Power via the Mumbai power distribution business in the next couple of years.

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