Tata Power plans to raise $450 million by issuing corporate hybrid securities, revising its target upwards from $300-400 million, and may be used for securing long-term coal supplies and repaying debt.
Category: Power & New and Renewable Energy
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CLP project finally approved
China Light and Power (CLP) India has finally got the technical approval from the Central Electricity Authority (CEA) for its 1,200 MW gas-based power plant in Gujarat, expected to cost Rs 6,000 crore involving expansion of its existing Bharuch plant.
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K'taka has big re plans
Karnataka has accorded sanction to 21 renewable energy (RE) projects for a combined generation capacity of 114 MW.
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Tata to add 8500 MW
Tata Power, which has 3,127 MW, is on track to becoming power gen leader again as it commences operation of the first unit at its mega power project in Mundra by September.
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1,360 MW power plant near Jhansi
Foraying into energy sector, diversified business group JK Organisation will set up a 1,360 MW power plant near Jhansi in Madhya Pradesh.
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1,360 MW power plant near Jhansi
Foraying into energy sector, diversified business group JK Organisation will set up a 1,360 MW power plant near Jhansi in Madhya Pradesh.
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Power packed investments for TN
Electricity sector leads the proposed investments in Tamil Nadu with Rs 258,849 crore, out of a total of over Rs 3.13 lakh crore.
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Nuclear site planning: Site selection is first step in nuke safety
Location of a nuclear power plant is the first step to its safety. Although not a single death has occurred in Fukushima so far because of radiation, questions are raised about why a modern nuclear plant in a high seismic and Tsunami-prone location proved so vulnerable.
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Merchant power cos under pressure
Lower merchant power rates and higher coal prices would ensure sustained pressure on profitability of non-integrated companies.
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REC to launch 3 SPVs
REC Transmission Projects Company (RECTPCL)—Bid Process Coordinator (BPC) for three transmission projects—will incorporate three Special Purpose Vehicles (SPVs).