Oil India (OIL) targets Rs 19,000-crore capital expenditure during the 12th Five Year Plan. The explorer is also planning to foray into other sources of energy such as solar and wind.
Category: Power & New and Renewable Energy
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Private sector leads power capacity additions
The private sector developers accounted for much of the power capacity addition that has taken place so far this fiscal. During April-October 2011, the private sector added 4,301 MW, more than what was added by the public sector utilities put together.
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MERC rejects JSW Energy's power tariff revise plan
Regulatory authorities have rejected JSW Energy's plea to revise power tariffs because of difficulty in procuring fuel from Indonesia, a decision that analysts said was a setback for other companies seeking higher electricity rates on similar grounds.
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NTPC to import 4 mt of coal
NTPC has floated a tender for importing 4 million tonne of coal to bridge the shortfall of the fuel from domestic sources. The country's biggest power producer has decided to import the coal directly, rather than depend
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Rs 25,000 cr mega infra projects cleared
The government gave regulatory clearances to three mega infrastructure projects involving an investment of Rs 25,000 crore. These are the first among a few projects the government has shortlisted to be put on a fast track.
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Infrastructure: New catalyst in the equation
Canada's steady and ongoing investment in India means that the confidence and basic market understanding are pre-eminent among Canadian companies. Jai Mavani explains what the entry points, facilitations and barriers are to invest in India's infrastructure.
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The China Gate
The former India Chairman of Boston Consulting Group is smiling, as are domÂestic power equipment manufacturers. Not only will imported power equipment on large projects be levied duties,
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Areva T&D India bags contract
Areva T&D India said its transmission business, now a part of Alstom Grid, has bagged a Rs 400-crore contract from Rajasthan Rajya Vidyut Prasaran Nigam to design and build a 765-kV turnkey substation at Anta near Kota.
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Powergrid to double new lines
Power Grid Corporation of India (PGCIL) plans to install about 65,000 circuit km (ckm) of transmission lines during the 12th Five Year Plan (2012-2017), which is more than twice the likely installation in the current Plan.
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PFC to raise Rs 16,800 cr
Power Finance Corp (PFC) is hoping to raise nearly Rs 16,800 crore in the coming months through issue of securities, including tax-free bonds. Further, PFC has received regulatory approval for $1 billion