GAIL (India) and Gujarat State Petronet ltd (GSPL) are at loggerheads over who should transport natural gas from ONGC’s KG basin fields. Both companies have filed applications before the sector regulator seeking authorisation to lay pipeline and argued their case.
CCEA approves construction of major railway line projects worth Rs 4,000 crore for increasing power flow to Tamil Nadu and Kerala
All the three projects will be completed in four years by 2020-21. The three projects will generate direct employment during construction for close to 84 lakh mandays.
In what will provide a major boost to the railway network in various parts of Tamil Nadu and Kerala, the Cabinet under Prime Minister Narendra Modi on Wednesday gave its approval to three major railway line projects worth nearly Rs 4,000 crore.
Cabinet approves construction of doubling of railway line with electrification between Vanchi-Maniyachchi- Nagercoil via Tirunelveli
Vanchi-Maniyachchi- Nagercoil via Tirunelveli is an important trunk route serving Southern end of Tamil Nadu and Kerala. The section is heavily passenger oriented which also serve the goods traffic from nearby ports.
Considering the increase in future demand in the southern end of Tamil Nadu and Kerala, the Centre on Wednesday approved a Rs 1000 crore project for doubling the railway line capacity between Vanchi-Maniyachchi- Nagercoil via Tirunelveli.
NTPC is increasing its bets on solar power as tariffs keep falling on the back of decline in prices of cells and modules in the global market. The shift in business strategy of India’s largest coal-fired generator cannot be ignored.
Dr Baru will replace incumbent A Didar Singh who is due to retire after serving in the post for nearly five years.
Former Advisor to Prime Minister Manmohan Singh and noted journalist Sanjaya Baru will be the next secretary general of Federation of Indian Chambers of Commerce and Industry (Ficci). He will take charge of office on September 1.
With K M Singh attaining the age of superannuation, state-owned NHPC Ltd has entrusted the additional charge of the post of CMD, NHPC to Ratish Kumar, Director (Projects) for a period of three months from August 1, 2017.
The World Bank loan is proposed to flow to the interested Solar Power Park Developers (SPPDs) through IREDA
World Bank financing of USD 100 Million for development of internal infrastructure of solar parks has been planned by Indian Renewable Energy Development Agency Ltd. (IREDA) under the aegis of Ministry of New & Renewable Energy.
As per DFS data, the total advances towards electricity generation sector reported by Scheduled Commercial Banks (SCBs) is about Rs. 4.71 lakh crore and most of them are standard assets.
Union Minister of State (IC) for Power, Coal, New & Renewable Energy and Mines, Mr Piyush Goyal informed the Upper House of the Parliament (Rajya Sabha) that Government has reviewed the status of 34 stressed Thermal Power Projects, as per the list provided by Department of Financial Services (DFS), with an estimated debt of about
Rs. 1.77 lakh crore.
Essar Projects India Ltd. (EPIL), a leading EPC contractor, today announced the successful testing and commissioning of the Coke Drum Structure Package (CDSP) for Bharat Petroleum Corporation Limited’s Kochi Refinery (BPCL-KR). The contract value of this package is Rs. 645 crores.
Prime Minister Narendra Modi on Friday reviewed the progress of the India’s flagship scheme–Ujwal DISCOM Assurance Yojana (UDAY) for the operational and financial turnaround of state distribution companies and
various aspects of mineral block auction at a high level meeting today.