Gujarat moves SC to ensure power plans not disrupted

Gujarat moves SC to ensure power plans not disrupted

The Gujarat government has approached the Supreme Court to prevent consumer groups such as Energy Watchdog and Prayas Energy from influencing decision on resolution proposal of Rs 50,000-crore imported coal-based plants of Tata Power, Adani Power and Essar Power.

Crude may cool off some bit; gold looking up

Crude may cool off some bit; gold looking up

The commodities markets kept investors glued to it during the week gone by with crude oil swinging to the news reports coming out of the US, Iran and Saudi Arabia while all eyes were on the precious metals amid strong volatility in equity and currency markets.

Jaiprakash, RKM, 5 others bag 1,900MW power supply deals

Jaiprakash, RKM, 5 others bag 1,900MW power supply deals

Seven companies including RKM PowerGen, Jaiprakash Associates and MB Power have secured contracts to supply 1,900 MW of power to five states. Power Finance Corp Consulting Ltd, a wholly-owned subsidiary of state-owned Power Finance Corp, awarded the contracts on Friday.

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