In a bid to boost power capacity, Union Budget 2011-12 extended tax holiday for power sector projects including Ultra Mega Power Projects which take off this fiscal.
Category: Power & New and Renewable Energy
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NTPC, Petronet negotiate
NTPC, implementing the Kayamkulam power plant in Kerala, has sought long-term pricing comfort from Petronet LNG (PLL).
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Brighton is setting up nuclear reactor making plant at Vizag
Brighton Group of USA signed a memorandum of understanding with the Andhra Pradesh government for setting up a Rs 2,880 crore nuclear power equipment manufacturing facility near Visakhapatnam.
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Vizhinjam signs three agreements
Vizhinjam International Seaport (VISL) has signed three separate agreements with the State Bank of Travancore, Rail Vikas Nigam and Kerala State Electricity Board for the first phase of its project.
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How smart is your grid?
The potential to adopt smart grid technologies and designs in India in a big way in view of the anticipated growth in power infrastructure within the country is huge.
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Jain Irrigation to enter green energy sector
Jain Irrigation Systems is planning to commercially enter the green energy sector by offering its expertise to food processing.
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Subsidy for wind power gen
India plans to continue offering a subsidy to wind farm developers which rewards them based on the amount of power they generate and the incentive will conÂtinue beyond March 2012.
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TN evokes special powers to acquire land for metro
The Tamil Nadu government has evoked special powers conferred by the Land Acquisition Act, 1894, to deny affected property owners the opportunity to raise objections towards land acquisition for Chennai Metro Rail (CMRL).
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Orissa discoms invested Rs 1,426 crore on capex
Central Electricity Supply Utility of Orissa (Cesu), Northern Electricity Supply Company of Orissa (Nesco), Southern Electricity Supply Company of Orissa (Southo) and Western Electricity Supply Company of Orissa (Wesco) have together invested Rs 1,425.58 crore on capital expenditure since the privatisation of electricity distribution in the state.
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WBGEDC uses green power
The West Bengal Green Energy Development Corporation (WBGEDC) along with a private partner will execute a central project to supply power to 41 villages in the Sunderbans on a public-private partnership basis.