The alarming increase in bad loans from infrastructure was partly responsible for restructuring of bank loanks. B Sriram, Managing Director, State Bank of Bikaner & Jaipur, which saw a fall in its profits in the quarter ending December,
Category: Power & New and Renewable Energy
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Transforming Punjab
The first-ever Progressive Punjab Investors Summit attracted commitments worth Rs 65,000 crore, but infrastructure enablement will be a critical factor in realising those investments.
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Towards infra reform for industrial enablement
Sir M Visweswaraiah, considered the architect of Karnataka, famously said: Industrialise or perish. At that time, the state was the first to generate electricity and a first in many other developmental respects.
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Welspun to set up solar plant in Punjab
Welspun Energy (WEL) announced an MoU with Punjab government to set up solar power project of 150 MW capacity. WEL will invest over Rs 1,300 crore for this project over the next three years.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
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Renewable: More NPAs?
Hindsight: FY 2013-14 was a mixed year. Compared to last year, the limited capacity addition what we are seeing in this financial year are either and the solar power plants under REC mechanism, or projects that were to be executed last year or allotments done last year for execution.
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Power: Satisfactory in parts
Hindsight: The electrical equipment industry, after experiencing a healthy growth since 2009-10, declined to -7.8 per cent in 2012-13.
However, the industry revived in the first half of current fiscal (H12014) and grew at 6 per cent mainly backed by rise in domestic demand.
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Lanco unit wins energy conservation award
Lanco Kondapalli Power Plant situated at Kondapalli Industrial Development Area near Vijayawada, has been awarded the National Energy Conservation Award 2013 in the award function held recently at Vigyan Bhavan, New Delhi. President Pranab Mukherjee presented the award to the Director & CEO of Lanco Kondapalli Power, P Panduranga Rao. Lanco Kondapalli Power Plant won the National level first prize among gas-based power plants in the thermal power sector.
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Govt strives to prevent delays in power projects
The Union Government is closely monitoring the power projects under construction to avoid delays, said the Union Minister of State (I/C) of Power Jyotiraditya Scindia. Central Electricity Authority (CEA) is performing the duties of monitoring of the power projects in pursuance of 73 (f) of Electricity Act, 2003. In addition, a Power Project Monitoring Panel (PPMP) has been set up by the Ministry of Power to independently follow up and monitor the progress of the hydro/thermal projects and regula
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Govt strives to prevent delays in power projects
The Union Government is closely monitoring the power projects under construction to avoid delays, said the Union Minister of State (I/C) of Power Jyotiraditya Scindia. Central Electricity Authority (CEA) is performing the duties of monitoring of the power projects in pursuance of 73 (f) of Electricity Act, 2003. In addition, a Power Project Monitoring Panel (PPMP) has been set up by the Ministry of Power to independently follow up and monitor the progress of the hydro/thermal projects and regula