The High Level Clearance Authority (HLCA) has approved seven projects with investments totalling Rs 41,900 cr. Among the projects cleared was an FDI proposal by Japan based J Green Power Ltd to set up 423 MW gas-based power plant at a cost of Rs 3,106 crore.
Tag: Tata Power
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Maharashtra to distribute LED bulbs
The Maharashtra government has set a target of distributing seven crore LED bulbs to domestic consumers in the next one year as part of energy conservation.
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A Versatile Genius
Sanjay Aggarwal, Managing Director, Fortum India, has assumed the responsibility of initiating and developing a future growth platform for Fortum in India.
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Smart power solutions for smart cities
Good quality power enables a technologically advanced set-up to facilitate good quality of life for people by delivering ´smart concept´ in a holistic manner. For example, e-mobility is a critical aspect of a smart city
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Power plants falter on green regulations
A staggering 90 per cent of coal-based thermal power plants in India fare unsatisfactorily on the environmental front. While state-owned power generation companies are among the worst performers, plants owned by private firms have performed better on environmental and energy parameters.
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Tata Power SED to invest Rs.500 crore
Tata Power´s defence engineering unit, Tata Power Strategic Engineering Division (SED), is investing around Rs 500 crore in Vemagal, Kolar district, Karnataka. It is planning to set up a manufacturing plant dedicated to the defence sector. The new plant, which is expected to come up in 50 acres of land, will be the company´s largest manufacturing unit set-up in the country.´
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VOX POP
The Finance Minister has taken a very pragmatic approach and crafted a Budget in a manner which can provide a boost to both infrastructure and manufacturing which will create employment and also augment India´s competitiveness vis-a-vis its peers and at the same time adhered to the Prime Minister´s ´Make in India´ vision
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Biomass power generation industry attracts investments of over Rs.600 crore´ every year´
Biomass-based power generation is renewable, widely available, carbon-neutral technology and has the potential to provide significant employment and income generation in the rural areas.
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Tata Power buys Ideal´s 540 MW plant in Nagpur
Tata Power has agreed to buy the entire stake in Ideal Energy Projects Ltd (IEPL) for an undisclosed amount. IEPL owns a 540-MW coal-based thermal power project near Bela village in Nagpur, Maharashtra, of which 270 MW was commissioned in May 2013
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Powering India Green
Increasing energy demand, climatic change, government initiatives and abundant untapped natural resources have been the key drivers behind the country´s movement towards renewable energy.