India will invest Rs.68,256.70 crore on eight public sector power companies in 2016-17 as against Rs.58,642.89 crore a year ago, according to the Union Budget 2016 document.
Category: Power & New and Renewable Energy
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Budget 2016: Nuclear gets Rs.3,000 cr yearly allocation
Finance Minister Arun Jaitley´s announcement of a Rs.3,000 crore yearly allocation for the next two decades for nuclear power generation is certainly a welcome move, said a top atomic energy official. ´
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Budget 2016: APP says cess to increase tariff
The Association of Power Producers (APP) has said the increase in Clean Environment Cess announced by the government would have an adverse impact on power tariffs and could lead to an increase of 1213 paise a unit
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UP Govt announces Mini Grid policy
The UP government has announced a mini grid policy for promoting small power generation units through non-conventional sources in rural areas.
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L&T bags Rs.1,404 cr international orders
L&T said it has bagged orders worth Rs.1,404 crore across various business verticals. The first order, worth Rs.1,014 crore, is for electrification upgrade work in the Middle East.
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BHEL bags order for 800MW power plant in TN
BHEL has bagged an order from the TN government to set up the state´s first 800 MW thermal power plant. The North Chennai Supercritical TPS Stage III is located in Thiruvallur district. The letter of award for the project was handed by CM Jayalalithaa to Atul Sobti, Chairman & MD, BHEL.
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Solar is simple! As long as the sun shines and you have the right technology with the right equipment, it´s good business
Punj Lloyd Infrastructure Limited (PLIL) is a wholly owned subsidiary of Punj Lloyd which was incorporated as a project development company focussing on public private partnership (PPP) projects in transportation, energy and urban infrastructure.
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Ready and loaded
The cost of loading goods is precise and exactly definable, allowing a scientific approach to problems and solutions with a quantifiable return on investments (RoI).
Loading bays are the heart and soul of a warehouse but are also unfortunately, the most overlooked areas.
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Govt may surpass solar projects target in FY16
The government is confident of receiving bids for 3,000 MW of solar projects this financial year against the set target of 2,000 MW.
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MNRE to approach FinMin to raise Rs.10,000 crore via tax free bonds
Ahead of the Budget, the Ministry of New and Renewable Energy is planning to approach Finance Ministry to seek its permission for raising Rs.10,000 crore through issuance of tax free bonds in order to fund the clean energy projects in the country.