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Pooling  cash flow

Pooling cash flow

The concept of pooled financing comes at a time when the industry needs it more than ever in recent history.Clearing nearly Rs 2 lakh crore (still a small fraction of the pending part of the pie) was the first step for the Cabinet Committee for Investments and the special committee set up by the Prime Minister's Office for this express purpose.

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CLP project finally approved

CLP project finally approved

China Light and Power (CLP) India has finally got the technical approval from the Central Electricity Authority (CEA) for its 1,200 MW gas-based power plant in Gujarat, expected to cost Rs 6,000 crore involving expansion of its existing Bharuch plant.