Industry Leaders come together for digital push
Reliance Jio Infocomm Ltd (‘Jio’), the world’s fastest growing digital services company and Uber, the country’s preferred ridesharing app, have announced a strategic partnership aimed at bringing the benefits of Jio Digital Life ecosystem to their users.
Jindal Steel and Power Ltd (JSPL), seeking to reduce its debt and reverse past two years of losses, will commission the blast furnace at its greenfield Odisha plant next month, three years after a Supreme Court order striking down a linked coal mine had stalled the progress of the estimated Rs 35,000-crore project.
Addressing the Momentum Jharkhand Global Investors’ Summit in Ranchi, Union Road Transport, Highways and Shipping Minister Nitin Gadkari on Thursday
NTPC mainly produces power from coal but also has hydro, solar and wind power projects. Adding coal production in its business, it has successfully become an integrated energy company with interests diversified across the fuel value chain and in line with global standards.
India’s largest thermal power generation company, NTPC Limited is now an integrated power and coal producing firm. NTPC on Thursday flagged off the first consignment of coal from its Pakri Barwadih coal mine in Jharkhand to the company’s Barh power project in Bihar. The Pakri Barwadih coal mine has estimated mining capacity of 15 Million Tons Per Annum (MTPA) and has been allotted to NTPC as basket mine to meet the fuel shortfall of its power stations.
CCEA approves award of contract to 31 contract areas (44 fields) of
Discovered Small Fields of ONGC and OIL
Coal India (CIL) on Saturday reported a 22 per cent decline in consolidated net profit at Rs 2,884.4 crore for the third quarter ended December 31.
In the recently concluded 750 MW Rewa Solar Park auction in Madhya Pradesh, bids reached a new record low of Rs.3.30 (~$0.494)/kWh (levelized tariff over 25 years) over a rupee lower than the previous low tariff of Rs.4.34 (~$0.065)/kWh,
The three companies submitted the lowest bids from a lot of 20 bidders, both national and international, who had initially submitted their proposals to develop the Rewa solar park in Madhya Pradesh. The bids had closed on January 23.
The reverse bidding process for the Rewa solar park in Madhya Pradesh saw record first year low tariffs by the bidding companies. While Mahindra emerged the successful bidder for Unit-1 and submitted the lowest first year tariff at Rs 2.979 a unit, Acme Solar bid further low for the second unit of Rewa at Rs 2.970 a unit and Solenberg bid the lowest first year tariff of Rs 2.974 for the third unit of Rewa.
Chandrasekaran joined TCS in 1987 after completing his master’s in computer applications from Regional Engineering College, Trichy, Tamil Nadu, India. Under his leadership, TCS has become the largest private sector employer in India with the highest retention rate in a globally competitive industry.
Team EnergyInfraPost India’s largest integrated power company, Tata Power on Friday announced the appointment of Natarajan Chandrasekaran as the Chairman and Additional Director of the company from February 11. After making TCS as the world’s most powerful brand in IT services, Chandrasekaran has now been given additional charge of Tata Power and take it to new […]
The Inter-Ministerial Task Force has recommended shifting of coal linkage of Gujarat State Electricity Corporation Ltd (GSECL) of about 1.2 Million Tonne from South Eastern Coalfields Limited (SECL) to Western Coalfields Limited (WCL), leading to annual savings in transportation cost of about Rs. 100 crore to GSECL.