Synefra owns three SEZs, and their parent company Suzlon is a big investor. Now, as SEZs brace up to bear the brunt of taxes and a headlong plunge in investor confidence, JR Tanti says the new imposition is insensitive to the humongous investments at stake.
Category: Power & New and Renewable Energy
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Expertspeak: The dire need to understand SEZs
Synefra owns three SEZs, and their parent company Suzlon is a big investor. Now, as SEZs brace up to bear the brunt of taxes and a headlong plunge in investor confidence, JR Tanti says the new imposition is insensitive to the humongous investments at stake.
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Mining: Go mega for energy security and better infra
A shortfall in coal supply can badly affect the power production of the country as over 70 per cent of total power produced in India is from coal-based projects.
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IPCL consortium to invest Rs 264.5 bn in power sector
A consortium of India Power Corporation (IPCL) and DPSC proposed an investment of Rs 26,450 crore in the power sector in four to five years.
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PowerGrid to invest Rs 1 tn in 12th plan
Powergrid Corporation of India is finalising plans for a capital expenditure of about Rs 100,000 crore during the 12th Five Year Plan period.
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700 MW nuke plant
Following the government approval, the construction of the 700 mw indigenous Pressurised Heavy Water Reactor (PHWR) atomic power plant at Rawatbhata in Rajasthan began.
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FLSmidth receives EPC project
Jhabua Power awarded approximately EUR 25 million worth coal handling plant project to FLSmidth.
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RPower gets RBI nod to raise ECB for Tilaiya UMPP
Reliance Power has received in-principle approval from the RBI for raising external commercial borrowings (ECB) of $2 billion for its 4,000 mw ultra mega power project at Tilaiya in Jharkhand.
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Pvt cos contribute 84% to power capacity addition
Projects funded by the private sector added 5,122 MW of more capacity in 2010-11, about 84 per cent of the target set by the commission, while power projects run by the Central government added only half of the targeted capacity.
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UMPP projects a huge draw
Tata Power, Larsen & Toubro, Adani and Vedanta are amÂong the 20 companies that have bid for the government's fifth ultra mega power project (UMPP) at Bedabahal in Orissa.