The $1.2-billion Indo-Bangla power joint venture is planning to award the contract for construction of the plant by April 2015 and expected to start commercial generation by FY18.
Tag: 2014
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Tata Power scouts for renewable deals
To expand its clean energy portfolio, Tata Power is looking for opportunities in India as well as overseas, including in the Middle East and Africa. It has an installed generation
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TN power transmission corridor to be set up
Tamil Nadu Chief Minister Jayalalithaa made a series of announcements covering energy, transport and Adi Dravidar welfare sectors running into several crores of rupees.
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Siemens bags PowerGrid contract
Siemens has bagged a contract worth Rs 411 crore from Power Grid Corporation (PGCIL) for setting up three Static Var Compensators (SVCs), each in Punjab, Rajasthan and Jammu & Kashmir.
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JSW Energy posts 51% rise in net
JSW Energy reported a 51 per cent increase in its net profit for the quarter ended 30 June. The net profit figure stood at Rs 325 crore compared to Rs 214 crore reported in the same quarter of the previous year.
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GE invests in wind energy projects
GE Energy Financial Services has invested in three wind projects of Atria Power from its $1 billion fund. The three wind farms include two projects in Madhya Pradesh and one in Andhra Pradesh
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$1.5 bn FDI in telecom
In the first two months of the current fiscal, the foreign direct investment (FDI) in the telecom sector has registered US$ 1.5 billion against US$ 9 million in the corresponding months of the previous year.
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BSNL-MTNL in pact with ONGC
BSNL and MTNL have inked a five-year pact with ONGC to provide all telecom services to the state-owned oil firm on a pan-India basis.
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Bharti Airtel to sell more infra in Africa
Bharti Airtel will sell more infrastructure in Africa to reduce debt and cut capital expenditure on passive infrastructure
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Nokia bags key deals with Indian operators
Nokia Networks has bagged 12 deals with major Indian operators during the first half of 2014, against 16 signed last year, according to the company