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India is a key market for EDF

India is a key market for EDF

Marianne Laigneau, Group Senior Executive and Vice President- International Division, ElectricitT de France (EDF), believes that India and France see eye-to-eye on fighting global warming and in making low carbon energy choices. 'Our company's strategy in India,' she says, 'àis in line with the vision of the Government of India of generating 40 per cent renewable energy by 2030, and we look forward to a long-term partnership with the government and other Indian stakeholders, mainly on three pillars.'

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Land acquisition and MOEF clearances have held up projects

Land acquisition and MOEF clearances have held up projects

Roads and highways sector has observed a significant growth over the past few years compared to the other heavy civil engineering sectors such as power and water. The growth has come, especially in the EPC mode of the business, whereas PPP and annuity based projects have also witnessed a few bids.

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Karnataka signs PPAs

Karnataka signs PPAs

The Karnataka Government has signed two long-term power purchase agreements (PPAs) for 992 MW with Damodar Valley Corporation (DVC) and Nuclear Power Corporation of India Ltd (NPCIL). The agreement with DVC is for 450 MW at Rs 4.40 per unit and with NPCIL for 442 MW from the Kudankulam nuclear power plant at Rs 3.30 a unit.

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ONGC to form JV with NPCIL

ONGC to form JV with NPCIL

ONGC plans to have joint venture (JV) with Nuclear Power Corp of India (NPCIL). The company is to invest aro­und Rs 2,940 crore in 5- 6 years in the project. ONGC plans to buy 49 per cent of the shares of one of the five proposed nuclear plants of NPCIL

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