Larsen & Toubro`s Chairman AM Naik has kicked off a restructuring plan that will divide the Rs 3,7000 crore engineering and infrastructure behemoth into nine virtual companies.
Category: Power & New and Renewable Energy
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IOC revisits Ennore for LNG and power
Indian Oil Corporation (IOC) will commission a detailed feasibility report (DFR), which will cost Rs 3-4 crore on a 2.5 mt a year liquefied natural gas (LNG) import terminal at Ennore.
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India to explore power lines via Bangladesh
According to Union Power Minister Sushil Kumar Shinde India is exploring the possibility of setting up transmission lines.
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Firms rush for gas-based power projects in Karnataka
Global companies including GE, AES and Marubeni Corporation and Indian corporations, including Tata, Jindals, RPower, and L&T have evinced interest in setting up three gas-based power stations in Karnataka with a total capacity of 2,100 MW.
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Bhel cuts down on delivery time
Beginning April 2011, BHEL will deliver boilers, two months ahead of the existing schedule and will aim to reduce the schedule by a total of four months for orders to be booked beginning 2012-13.
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65,000 MW in 12th plan
India is slated to add 65,000 MW of power during the 12th Five Year Plan as various power projects will be commissioned by then.
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4,000 MW project in Vizag
NTPC has plans to set up 4,000 MW power project at Pudimadaka, Anakapalli Mandal in Andhra Pradesh at a cost of Rs 23,000 crore.
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NTPC floats tender to source super-critical equipment
NTPC will float tenders worth Rs 17,000 crore this month-end for sourcing super-critical equipment.