Daily Pioneer reported that Coal India Chairman cum CMD, CCL, Mr Gopal Singh, was honoured with ‘Leadership Award’ during the ‘National Power Summit -2018’ held in Hyderabad on February 09.
Reliance Infrastructure Ltd. (RInfra) EPC has received Letters of Award (LOA) from Government of India undertakings for two road projects.
teel Authority of India Ltd. (SAIL) has earned Profit Before Tax (PBT) of INR 82 Crore in the third quarter of this current financial year (Q3FY18) after ten quarters. This marks an evident step in the turnaround of the Company which continually thwarted challenges and has steadily moved forward towards profitability.
Economic Times reported that government is taking steps to ease the entry of importers of solar panels and modules into the new solar import regime, where they have to pay a 7.5% levy on such equipment, along with various cesses, amounting to around 10%.
PTI cited Petroleum Minister Mr Dharmendra Pradhan as saying that give major oil and natural gas PSUs would set up a joint company for a 1500 km gas pipeline at an estimated cost of INR 6000 crore stretching from Guwahati to Tinsukia via Numaligarh to supply gas to the NE states.
The construction arm of Larsen & Toubro has won orders worth INR 2275 crore across various business segments.
Siemens Gamesa Renewable Energy released its results for the first quarter of fiscal 2018 (October-December); financial performance was in line with the guidance for the year, and commercial activity was strong in all business units.
Azure Roof Power offers superior rooftop solar power solutions for commercial, industrial, government, and institutional customers in cities across India to lower their energy bill and meet their greenhouse gas emission reduction targets.
Economic Times reported that the renewable energy sector in India is on the road to consolidation and players with smaller portfolios are looking at exiting the market as returns are shrinking in the face of lower tariffs and uncertainty on the policy front.
Times Of India reported that in a big boost to the power sector in the state, renewable energy giant Suzlon Group has expressed interest in setting up a power plant.