ONGC plans to have joint venture (JV) with Nuclear Power Corp of India (NPCIL). The company is to invest aroÂund Rs 2,940 crore in 5- 6 years in the project. ONGC plans to buy 49 per cent of the shares of one of the five proposed nuclear plants of NPCIL
Author: admin (Infratructure Today)
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Rs 6.5 lakh cr investment by 2017
The Department of Telecom (DoT) has projected an investment of Rs 6,50,000 crore in the sector in the next five years.
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BSNL Punjab services restored
After nearly a month of disruption, BSNL restored services between its landline telephones and private mobile operators.
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SPV to build broadband network
A special purpose vehicle (SPV) with equity participation from BSNL, MTNL and other public sector units such as RailTel, Gail and PowerGrid, amoÂng others, will undertake the 20,000-crore project to build a national broadÂÂband network to take high-speed internet to the hinterlands.
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NTPC may fall short in FY12
NTPC may fall around 18 billion units short of its potential production capacity in the current fiscal, as state electricity boards (SEBs) turn away from purchases of expensive electricity produced with imported coal.
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BHEL eyes power projects in Africa
State-owned Bharat Heavy Electricals Ltd (BHEL) will develop power projects in Uganda and Nigeria as part of India's plans to broaden economic engagement with African countries to secure access to oil and gas blocks in the continent.
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Indonesia to tighten coal export norms
Indonesia has circulated a draft decree seeking comments on imposing a ban on export of coal below 5,100 gross kcal per kg from 2014. Earlier, Jakarta brought in regulations that calÂled for all coal exports
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Plan Panel forms committee on power distribution
Planning Commission has set up a committee headed by BK Chaturvedi to help restore the financial health of the poÂwer distribution utilities.
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Kudankulam plant safe, say experts
Nuclear experts said that the Kudankulam Nuclear Power Plant (KKNPP) has built into its design a multi-layered safety mechanism along with additiÂonal protocols to safeguard agaÂinst systemic or human error at the 2,000-MW station.
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Coal shortage cuts thermal generation
According to Central Electricity Authority (CEA) the thermal generation in the couÂntry dipped during September and the April-September period. In a report it said, although the coal-based plants achieved a growth rate of 6.46 per cent over the same period last year,