12 more nuclear plants in India soon: DAE chief

12 more nuclear plants in India soon: DAE chief

India will soon have 12 more nuclear plants soon to improve the power situation and ensure there is a free flow of uninterrupted power supply for both industries and residential use, a statement issued on Monday here quoted Secretary of the Department of Atomic Energy (DAE), K.N. Vyas, as saying.

Jindal Power bags 500 mw PPA under Pilot Scheme-II

Jindal Power bags 500 mw PPA under Pilot Scheme-II

The power purchase agreement will be signed in due course when the aggregator finalises with the distribution companies (DISCOMs) that are going to buy this power, said Bharat Rohra, managing director and chief executive officer of Jindal Power, a unit of Jindal Steel and Power (JSPL).

Stressed power resolution comes to a standstill

Stressed power resolution comes to a standstill

The resolution of 40,000 MW of stressed power projects has come to a standstill with lenders turning reluctant to engage with investors in the absence of fresh directions from the Reserve Bank of India and regulatory overreach that has made lowering of tariff mandatory from projects being sold at lower valuations.