Although banking sector stress may have 'bottomed out', as he puts it, India's infrastructure sector remains vulnerable to risks, both inherent and external. Corporate restructuring should not be thrown out the window as a solution for problems that are extraneous to a project.
Category: Power & New and Renewable Energy
Post
Post
Pioneering in waste energy recovery
RINL, the corporate entity of Visakhapatnam Steel Plant is pioneering in recovery of waste energy to become self sufficient in power generation to meet its growing requirements and also to reduce its dependence on the state grid.
Post
New CFO at Essar Energy
Essar Energy, the India-focused integrated energy company, announced the appointment of Deepak Maheshwari as Chief Financial Officer. P Sampath, the current Chief Financial Officer, moves to a new role as the President of Business Optimisation and Improvement for Essar Energy
Post
Steering growth
As the MD and CEO of Azure Capital Advisors, Shailesh Ghorpade is responsible for laying down the vision of the company, managing the overall brand and steering the company towards achieving goals while ensuring highest standards in corporate governance.
Post
The undisputed leader
PP Gupta, the present promoter of Techno Electric & Engineering Company (TEECL), is an Honours Graduate in Industrial Engineering with Post-Graduation in Management from Indian Institute of Management, Ahmedabad.
Post
Solar projects held up due to absence of clear policy
The Federation of Andhra Pradesh Chamber of Commerce and Industries on March 26 stated that about 750 mw solar power projects are stranded for want of clarity in policy issues and clearances in Andhra Pradesh.
Post
Oil ministry takes efforts to ensure CAG’s audit
Union Petroleum Secretary Vivek Rae said his ministry was making all efforts to see that the Comptroller and Auditor General (CAG) is able to audit Reliance Industries' (RIL) spending on KG-D6 block. He said there have been some differences between CAG and RIL on the scope of audit but they are being resolved. He expressed hope that CAG would be able to resume audit by either month or early next
Post
Meghalaya to have hi-tech renewable energy policy: CM
The Meghalaya government is contemplating a hi-tech, environment-friendly approach to counter power deficiency in the state besides contributing to the environment through its Meghalaya Renewable Energy Policy, which is on the offing, the State Chief Minister Mukul Sangma said. He also holds the power portfolio.
Post
Power industry demands gas price pooling
Industry players in the power sector demanded the union oil ministry to form a common natural gas price pool for core sectors such as power and fertilisers. They also asked the ministry to raise the domestic supply of natural gas for power plants by diverting 6 million standard cubic metre per day (mscmd) of gas being supplied to the non-core sector and reserving the new
Post
SunCoke Energy invests Rs 3.68 bn in Indian JV
US listed SunCoke Energy invested around Rs 368 crore to acquire 49 percent stake in the joint venture, VISA SunCoke, while the Indian partner Visa Steel would hold 51 percent stake. In its board meeting the Kolkata-based steel company Visa Steel formally announced the joint venture, which