The government has approved a new policy for allocation of power to be generated by upcoming state-run thermal power plants.
FlashNews:
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GVK to develop LNG terminal in Gujarat
GVK Power and Infrastructure has signed an agreement with the Guajrat government to develop a new terminal for importing gas at Okhamadhi in Jamnagar district.
Vedanta-Cairn subject to 11
The Ministry of Oil and Petroleum is willing to give in-principle approval for Vedanta Resources’ acquisition of Cairn India, provided the Vedanta agrees to a set of 11 preconditions.
From 23.18 mt to 71 mt by 2020
Tuticorin port has plans to triple its cargo handling capacity from 23.18 mt to 71 mt by 2020.
Airtel 3G service to cover all circles by March 2012
Bharti Airtel plans to take third-generation (3G) services to 1,500 cities in India by the March-end 2012.
Plugging in solar-powered towers
The high-powered schmoÂozing at the World Economic Forum in Davos, Switzerland, has yielded a project to install solar-powered cell phone towers in India.
Essar begins gas production from Raniganj CBM block
Essar Oil has begun gas production from its Raniganj coal bed methane block in West Bengal.
ONGC takes on East coast gas block by itself
ONGC has decided to develop the gas-rich exploration block in the Krishna Godavari basin by itself.
1,000 MW to beat the heat
Andhra Pradesh government will buy 1,000 MW in March and 800 MW in April to meet demands during summer.
Suzlon, Caparo to develop 1,000 mw wind energy by 2013
Suzlon Energy has signed an order with Caparo Energy (India) (CEIL) to develop 1,000 MW of wind power projects in India by March 2013.

