Avantha Group’s Jhabua Power, which is undergoing insolvency proceedings, has received expressions of interest from JSW, Adani Power, National Thermal Power Corporation (NTPC) and Tata Power-backed Resurgent Power, said people directly briefed on the matter.
International benchmark Brent crude oil futures were at $83.25 per barrel at 0115 GMT, down 91 cents, or 1.1 percent, from their last close.
Electricity in the state is set to get more expensive from April 1. While the Maharashtra State Electricity Distribution Company Limited (MSEDCL) will hike the cost of electricity by 3% for every unit, Tata Power and Adani Electricity — which cater to Mumbaiites only
Indian Oil, Adani, Bharat Gas, Torrent emerge biggest winners under 9th and 10th round of CGD auctions
Indian Oil Corporation (IOC), the country’s largest fuel retailer, and Gautam Adani-led Adani Gas have emerged as the largest winners for City Gas Distribution (CGD) licenses, winning 17 and 15 Geographical Areas, respectively, under the ninth and tenth rounds of CGD auctions.
State-owned Indian Oil Corp (IOC) has emerged as the biggest bidder for city gas licences in the 10th bid round that also saw Adani Group, Hindustan Petroleum Corp Ltd (HPCL) and Indraprastha Gas Ltd as the other prominent bidders, according to oil regulator PNGRB.
State govt raises electricity duty for consumers of BEST, Adani and Tata Power; move expected to raise Rs 1,100 crore
The electricity consumers in the city, who are already grappling with inflated bills, have got one more shock from the state government. The government has increased electricity duty for consumers of BEST
The Gujarat government last week passed an order to allow thermal power plants owned by Adani, Tata and Essar groups to pass on the higher cost of coal to discoms, which means that ultimately consumers will bear the brunt of higher power tariffs.
The Uttar Pradesh Cabinet on Monday approved selection of Adani Transmission and Power Grid Corporation for setting up transmission networks for evacuation of power from two thermal power projects —2×660 MW Obra-C project and 2×660 MW Jawaharpur project.
Bringing relief to thermal power plants owned by Tata, Adani and Essar groups, the Gujarat government Saturday passed an order to allow pass-through of higher cost of coal to end consumers, a source said.
The Supreme Court on Tuesday sought response from Adani Enterprises-led joint venture Parsa Kente Collieries to a plea seeking deallocation of two coal blocks in Chhattisgarh and filing of a criminal case for violation of allotment