Engineering major Larsen & Toubro expects to bag at least two thermal projects out of the 12 which are likely to come up for bidding over the next one year, a senior company official has said.
Tag: Power
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Goa to get Rs.700 cr infra boost
In a major step to give a boost to the poor infrastructure in Goa, the Chief Minister Laxmikant Parsekar has proposed to increase the budget of the state infrastructure development corporation (GSIDC)-the special purpose vehicle for such projects-to Rs 700 crore which is almost three times of the previous year.
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Post-Budget Impact Assessment
Increase in effective rates of additional duty of excise/customs levied on petrol and high speed diesel oil from Rs 2 per litre to Rs 6 per litre.
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RE-INVEST: 2,66,000 MW green energy commitments
RE-INVEST was held in New Delhi from 15th to 17th February 2015 with the primary aim of attracting large-scale, longer tenure investments in the country´s renewable energy sector. The Ministry of New and Renewable Energy organized the event with the support of the Prime Minister´s ´Make in India´ infinitive.
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Coal India Q3 profit down 16.2% to Rs.3,262.49 crore
Coal India Ltd´s net profit in the quarter ended 31 December declined 16.2 per cent to Rs 3,262.49 crore compared with the year-ago period as the national miner sold less coal through electronic auctions in order to meet domestic power sector demand as directed by the Coal Ministry.
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NTPC commits to add 10,000 MW of solar
NTPC has committed to add 10,000 MW through solar projects at RE-Invest - 2015, the first renewable energy global investment meet which was held in New Delhi. Dr Arup Roy Choudhury, CMD, NTPC, presented the certificate of commitment to Prime Minister Narendra Modi in the presence of Piyush Goyal, Minister of State (Independent Charge) for Power, Coal and New & Renewable Energy and PK Sinha, Secretary, Power, GOI.
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Investments in RE will be protected
Piyush Goyal, Union Minister of State (IC) for Power, Coal & New and Renewable Energy (RE) has assured the country that the government will make sure that the investments in India will be protected and encouraged.
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Solar & wind power policies released in Andhra Pradesh
Piyush Goyal, Union Minister of State for Power, Coal and New and Renewable Energy and Andhra Pradesh Chief Minister N Chandrababu Naidu have jointly released the Andhra Pradesh Solar and Wind Power Policies for 2015.
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Leading Leader
Tushar Mehendale is Managing Director of ElectroMech Material Handling Systems. Over the last 35 years, ElectroMech has developed a strong dedicated workforce of more than 500, and since 1999, Mehendale has been leading this team.
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Power Play
The power sector had been facing serious challenges over the past few years. The key issues pertain to shortfall in supply of coal and gas, delay in clearances for projects and the declining financial health of electricity distribution utilities.