The contract, signed with an unnamed conglomerate, spans the remaining life of 182 MW of wind assets and consolidates projects linked to Inox Green’s shared infrastructure across Western India. Inox Green Energy Services has signed a comprehensive operations and maintenance (O&M) agreement for 182 MW of wind energy projects with the renewable arm of one...
Tag: public sector undertakings
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Govt invites bids from PSUs for 5 lignite blocks
The Union government has called bids from public sector undertakings (PSUs) for 5 lignite blocks with an estimated 156 million tonne of reserves. The lignite blocks in Gujarat and Rajasthan will be awarded to State-run companies depending on various factors like location of the end use project and preparedness of the end use project, a government notice said.
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SCI may cater to state-run firms to get assured revenue
Industry analysts suggest Shipping Corporation of India (SCI) to enter into joint venture agreements with public sector undertakings (PSUs) in order to get assured cargo and revenue stream. During 2012-13, SCI incurred a net loss of Rs 114 crore while its total revenue stood at Rs 4,152 crore. At a time when the economy and trade flows are in a downturn, catering to the logistic needs of state-run com
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Panel suggests merger of SAIL and RINL
In order to create a steel company of global scale and bring down costs of production, the Committee on Public Undertakings suggested the merger of state-owned steel giants Steel Authority of India (SAIL) and Rashtriya Ispat Nigam (RINL). In a recent report, the panel, which is a body of Lok Sabha members, asked the government to specify clearl
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Minister may hold meeting with PSUs to review investment
Between March 22 and April 22 Finance Minister P Chidambaram may hold a meeting with heads of public sector undertakings (PSUs) to review their capital expenditure plan, reports suggest. During the meeting, the minister may discuss capital expenditure plans of PSUs for the coming financial year and also to prod the private sector to invest more