An arbitral tribunal has passed an award amounting to over Rs 2,000 crore in favour of Jindal ITF Ltd in a case pertaining to transport of coal to Farakka thermal power plant of the state-run power producer NTPC.
The Competition Commission of India (CCI) Wednesday said it has approved the USD 13.2-billion deal to acquire global power solutions business of Johnson Controls International by Brookfield and CDPQ.
NHPC has signed a Memorandum of Understanding (MoU) with Neyveli Lignite Corporation of India (NLCIL) in the area of Power Trading on 18 February 2019 at Chennai.
Kolkata: Power companies that participated in an auction for long-term fuel supply contracts may sue Coal India for holding another round of auction and not allowing them to bid.
Discom is planning to install additional transformers and 2500 distribution boxes in industrial belts housing small scale units.
New Delhi: Tata Power’s losses at its 4,000-MW Mundra power unit are likely to halve as the company is close to finalising revised tariff with power distribution companies (discoms).
Distribution companies continued to miss targets on power supply losses under the Ujjwal Discom Assurance Yojna (UDAY), with states like Uttar Pradesh, Bihar, Jharkhand, Rajasthan, Madhya Pradesh and Chhattisgarh lagging far behind the actual targets.
NTPC Ltd has shut down Talcher Super Thermal Power Station (TSTPS) after coal stock in its stockyard plummeted due to strike by local villagers.
India’s Power Finance Corp Ltd said on Monday the company was not considering extending the open offer to the minority stakeholders for its deal with REC Ltd.
I do not see negative impact on my financials. Very recently, we have received approval from Reserve Bank of India also. So, all regulatory approvals are in place for this deal.