Quick turnovers are not the salient feature of a vibrant economy alone, it seems. Rural Electrification Corporation (REC) has seen turnovers of a different kind: four CMDs in two years. Rajeev Sharma takes over the reins from HD Khunteta who took over from JM Phatak only in May last year for a period of “three months or until further ordersâ€. He served for seven months, while Phatak was CMD for less than a year.
Category: Power & New and Renewable Energy
Post
Post
MTHL qualification pre-bid meeting
Mumbai, December 14, 2011 – 17 companies, representing prospective consortiums involving more than 50 companies – Indian and international – showed up for the MTHL's pre-qualification-bid meeting on payment of rupees eight lakh eighty thousand each for the bid processing fees,
Post
National biomass mission
The Union Government plans to launch a national mission on biomass on the lines of the programme to promote solar energy in the country.
Post
Suzlon expects $1-bn new orders every quarter
Suzlon Energy will focus on value engineering to remain competitive and has set a target of bagging $1 billion worth of new orders every quarter for the next few years.
Post
IMFA power plant to be commissioned in 2012
A 120 MW captive power plant of Indian Metals and Ferro Alloys at Choudwar in Orissa will be functional by mid-2012, IMFA Managing Director Subhrakant Panda has said recently.
Post
Coal-based power projects in Uttarakhand
The Centre has asked the Uttarakhand government to provide free of cost land for setting up coal-based power plants in the hill state.
Post
Bracing Up
Since we're in December, it's probably a good time to look back at the year. The 6.9 per cent quarterly growth figures for the previous quarter come in the year's sunset month, and the fiscal year's growth is now downgraded to about 7.3 per cent.
Post
On the foothills of an uncertain year
One of the key challenges in infrastructure is facilitating the flow of projected but large amounts of capital into infrastructure. Current trends indicate that there might be a funding shortfall of over $300 billion,
Post
India to build 19 atomic power plants in 12th Plan
The Union Government said 19 new atomic power plants were planned during the 12th Plan period. However, no new nuclear power projects will be launched in the remaining period of 11th Five Year Plan ending March 2012.
Post
KEC bags Saudi order
KEC International (KEC) has secured order from Saudi Arabia for supply and construction of transmission lines on turnkey basis.