Hyderabad-based Ind-Barath Power is looking to raise Rs 1,000 crore through private equity, after the company shelved its plans to go public due to volatile market conditions.
Tag: 2011
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Jindal to set up largest IWT system
For creating and operating infrastructure for transportation of coal, required for NTPC's power plant at Farakka, West Bengal, through inland waterways, Jindal ITF and NTPC have entered into a strategic agreement.
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Concor links more locations with Guj ports
Direct container services from various north Indian locations to Mundra and Pipavav ports in Gujarat have been introduced by Container Corporation of India (Concor).
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TERI to analyse tariff scheme
The Shipping Ministry has engaged The Energy and Resources Institute (TERI) to anĂÂalyse the port-wise 'cost plus' method of tariff fixation as envisaged in the Tariff Guidelines of 2005.
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Cabinet nod for Land Acquisition Bill
The Union cabinet has approved the Land AcqĂÂuisition Bill. In the redefined version, a rider has been added that urban projects should be meant for production of goods or services for public.
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SBI can't sponsor infra fund
State Bank of India (SBI) can't set up a new unit to run the operation owing to a regulatory hurdle.
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Poor policy hits power FDI
NTPC has blamed insufficient 'politico-administrative' support to tackle commercial losses and poor health of government utilities for low foreign direct investment (FDI) inflows into the Indian power sector.
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7 DPRs of power projects
The Central Electricity Authority (CEA) has received the Detailed Project Reports (DPRs) of seven hydroĂÂ-power projects which will generate 3,760 MW of power in the north east region.
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Project delays in states cost Centre Rs 66,619 crore
Delays in projects being implemented in various states will cost the Union Government an additional Rs 66,619 crore.
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SPM at New Mangalore Port
Mangalore Refinery and Petrochemicals (MRPL) hopes to start the single point mooring (SPM) system within the New Mangalore Port (NMP) limits by May 2012.