Tata Technologies, a Tata group's design and engineering arm is all set to enter sectors such as energy including oil & gas, medical devices and telecom.
Category: Power & New and Renewable Energy
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Govt-owned power discoms’ losses swell 2.5 times in 3-yrs
The losses of power distributing firms to the government-owned power generating firms have swelled to a mammoth Rs 15,792 crore at the end of last September while last yearĂâs government promised loss restructuring package for electricity distribution companies is yet to be realised. The swelled sum is a two-and-a-half times jump over total dues of Rs 6,200 crore three years back in June 2010.
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TN’s 4,000-mw UMPP comes with captive port
A chance to operate a minor captive port at Panaiyur village in Tamil Nadu will go to the winner of the tender of the 4,000-mw ultra mega power project (UMPP) contract in the state.
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IIFCL-UK sanctions credit to Indian infra projects
In the United Kingdom (UK), Indian government-owned Infrastructure Finance Company (IIFCL-UK), the London arm, has sanctioned credit for a slew of power projects in the country. The projects that have received Board sanction of the London arm on October 10 include GMRĂâs power project at Chhattisgarh, the Shishir Bajaj GroupĂâs power project at Lalitpur and the port component of the Pipavav project.
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Govt to invite Rs 20,000 cr bids for power projects
The Union government is to call global bids in the next two months for a dozen inter-state power transmission projects worth over Rs 20,000 crore. The government's initiative is to connect power generation projects in Chhattisgarh, Haryana, Rajasthan and Tamil Nadu states.
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Govt invites bids for solar plants
India has called bids for solar plants. To build 750 megawatts of solar plants, India is offering Rs 18.75 billion ($303 million) grants, say media reports. The bids are due by November 29, State-run Solar Energy Corp. of India said on its website.
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Govt okays scheme to set up 750 mw solar plants
The Cabinet Committee on Economic Affairs has approved the implementation of a scheme for setting up of 750 mw of grid-connected solar PV power projects under Batch-1 of Phase-11 (2013-17) of the Jawaharlal Nehru National Solar Mission (JNNSM) with Viability Gap Funding (VGF) support from the National Clean Energy Fund (NCEF).
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Godawari Power & Ispat to set up steel plant in C’garh
A steel plant with a capacity of 1 million tonne has been planned by Godawari Power and Ispat at a cost of Rs 4,500 crore in Rajnandgaon district in Chhattisgarh. The company is a subsidiary of Raipur-based Hira Group. It is now doing feasibility studies for setting up the project.
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Pooling cash flow
The concept of pooled financing comes at a time when the industry needs it more than ever in recent history.Clearing nearly Rs 2 lakh crore (still a small fraction of the pending part of the pie) was the first step for the Cabinet Committee for Investments and the special committee set up by the Prime Minister's Office for this express purpose.
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Tech, manpower, containerisation boost efficiency
Experts say that while it may be unfair to compare one port's efficiency level with another's, internal factors like the level of investment in mechanisation, and others including containerisation and availability of skilled labour are impacting port operations.