In a bid to boost power capacity, Finance Minister Pranab Mukherjee said tax holiday for power sector would be extended till 31 March 2012.
Category: Power & New and Renewable Energy
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High bets on geothermal
The government is readying a policy on geothermal energy. Companies planning to encash on it are Tata Power, Thermax and GeoSyndicate.
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THDC commisions 1st unit
The Tehri Hydro Development Corporation (THDC) has commissioned the first 100 MW unit of the 400 MW Koteshwar Hydro Power project synchronising it with the Northern Grid.
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Siemens bags Metro contract
Chennai Metro Rail (CMRL) has awarded a Rs 305 crore contract for power supply and overhead equipment (OHE) to Siemens AG, Germany, and its Indian arm Seimens India Consortium.
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HCC caters to Orissa project
Hindustan Construction Company (HCC) has bagged two orders aggregating Rs 152 crore from Hindalco Industries.
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1st floating solar plant
Tata Power will build the country’s first low-cost, high-efficiency floating solar plant in partnership with Australia’s Sunengy.
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Power cos in Guj to pay cess
Gujarat Green Cess Bill, 2011 that stipulates levying a cess of Rs 0.02 per unit of electricity generated by power firms using non-renewable sources was passed by the state assembly.
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BHEL bags power deal from Bajaj
Bharat Heavy Electricals (BHEL) has bagged the main plant package contract for three coal-fired thermal units of 660 MW each, with supercritical parameters.
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RInfra, R-power ink EPC deal
Reliance Infrastructure received a Rs 7,200 crore order for engineering, procurement and construction (EPC) from Reliance Power (R-Power).
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Tata's new seat of power
Consequent to the forthcoming retirement of Prasad Menon on 31 January, Tata Power appointed Anil Sardana as the Managing Director with effect from February.