A security supervisor in Thane was arrested by the Anti-Corruption Bureau for allegedly demanding and accepting a bribe from security guards under his supervision.
The electricity board lost Rs 1,111.35 crore owing to irregularities.
Eighteen Shiv Sainiks were arrested in Pune on Monday after they allegedly beat up some Maharashtra State Electricity Board employees.
Shiv Sena leader Naresh Mhaske was arrested for allegedly assaulting a government servant in Thane after a heated altercation, police said on Wednesday. Mhaske, Leader of House in Thane Municipal Corporation, was arrested on Tuesday and produced before a local magistrate, who released him on bail, police sources said.
With this the curtain falls on all legal proceedings in India and abroad involving the two companies.\n
The Shiv Sena has been holding protests against frequent load-shedding in most parts of Maharashtra, which is going through a severe power crisis.\n
Angry over irregular power supply, irate farmers on Tuesday ransacked the Maharashtra State Electricity Board office in Kalvan in Nasik district.
The Maharashtra government has decided to allow MSEB to draw power from phase I of Dabhol Power Company at an optimum level of 83 per cent and tariff of about Rs 2.80 per KWH.
'A government whose policies are focused around making the life of ordinary citizens, specially the most deprived sections, richer; a government that prioritises education, health and transport, that doesn't treat its citizens as subjects who must come to it for everything, is rare in our country.' 'When such a government is thrown out, one is left stunned,' notes Jyoti Punwani.
Last month, Sena activists had gone on a rampage, attacking MSEB offices at a number of places across the state protesting frequent power cuts.
Both the buildings have been evacuated. Sniffer dogs and a bomb disposal squad have been pressed into service.\n\n\n\n\n\n
Debt-ridden firm Reliance Capital on Monday objected to the proposed 33.12 per cent stake sale of Prime Focus Ltd (PFL) by Credit Suisse to PFL's promoter group at Rs 44.15 per share. Anil Ambani's Reliance Group company Reliance Capital in a statement termed the proposed transaction as a blatant abuse of the purported rights by Credit Suisse under certain lending agreements with the RCAP Group. However, Reliance Capital did not share the details of the "blatant abuse of the purported rights".
Ratnagiri Gas will be an equal JV between NTPC and GAIL if MSEB which has been offered a small stake does not pick up equity
Upholding an order of Maharashtra Electricity Regulatory Authority, the Bombay high court on Thursday asked Tata Power Company to pay Rs 289 cr
As many as 13 persons attacked him with swords and other sharp-edged weapons, the police said.
ICICI Bank, IDBI Bank, SBI and Canara Bank collectively hold 18.12 per cent equity in RGPPL, which operates the plant.
Gas prices have fallen to $10 per million British thermal unit. But the fate of the power project, run by Ratnagiri Gas and Power Pvt Ltd, will hang in balance till the committee takes a decision on gas pooling, reduction in certain taxes and providing per unit subsidy.
Nagpur police commissioner SPS Yadav says Marlon Samuels' conversation with an alleged bookmaker was no crime, but it certainly violated the ICC Code of Conduct.
With prices in Gurgaon touching Rs 9,000 per sq ft, investors are looking to making an exit.
The Supreme Court on Monday admitted an appeal filed by Enron promoted Dabhol Power Corporation challenging a Bombay high court order
The power situation is expected to be normal by 1300 IST
"Overdrawing of power by neighbouring states and low voltage has led to power disruption," a senior Maharashtra State Electricity Board official said.
Offshore lenders to bankrupt Enron Corp's $2.9 billion Indian power plant in Dabhol want to terminate the power purchase agreement with Maharashtra State Electricity Board, a statement from a consultant of the banks said.
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