Jharkhand Integrated PowÂer, of Anil Ambani’s ReliaÂnce group, has proposed to join hands with NTPC in mining coal from mines in Jharkhand that have been given to the entities to fuel their upcoming power projects.
FlashNews:
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Nandi Infrastructure Corridor Enterprises (NICE) executing the Bangalore and Mysore espressway, plans to raise Rs 2,000 crore through an initial public offer (IPO).
Nine way split for L&T
Larsen & Toubro`s Chairman AM Naik has kicked off a restructuring plan that will divide the Rs 3,7000 crore engineering and infrastructure behemoth into nine virtual companies.
India to explore power lines via Bangladesh
According to Union Power Minister Sushil Kumar Shinde India is exploring the possibility of setting up transmission lines.
Firms rush for gas-based power projects in Karnataka
Global companies including GE, AES and Marubeni Corporation and Indian corporations, including Tata, Jindals, RPower, and L&T have evinced interest in setting up three gas-based power stations in Karnataka with a total capacity of 2,100 MW.
65,000 MW in 12th plan
India is slated to add 65,000 MW of power during the 12th Five Year Plan as various power projects will be commissioned by then.
4,000 MW project in Vizag
NTPC has plans to set up 4,000 MW power project at Pudimadaka, Anakapalli Mandal in Andhra Pradesh at a cost of Rs 23,000 crore.
NTPC floats tender to source super-critical equipment
NTPC will float tenders worth Rs 17,000 crore this month-end for sourcing super-critical equipment.
CIL and Visakhapatnam Port to build berth
Coal India plans to form a partnership with the Port of Visakhapatnam on the east coast to increase import capacity as power generation demand rises.