A deal with the Assam government, which holds majority stake in the company through Assam Industrial Development Corporation Ltd, is likely by October.
Business opportunity after phased diesel deregulation the main trigger.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
First right of refusal may be limited to firms working under NELP, leaving out pre-NELP blocks run by big firms such as RIL and Cairn India.
Railway officials said important projects at crucial stages would now be stuck for a long time.
Bansal's exit came at a time when some good investment and policy decisions were expected.
This year, Coal India plans to gauge the domestic market through a tie-up with MMTC and State Trading Corporation.
The finance ministry has rejected the formula and, instead, suggested an alternative that takes into account well-head prices of suppliers in Qatar, Oman, Abu Dhabi and Malaysia.
Qatar, Dubai and Sharjah want 80,000 additional seats per week as part of bilateral negotiations with India.
GMR, GVK have taken up the issue with civil aviation ministry.
LPG alone will save us Rs 8,000 cr a year: M Veerappa Moily.
In the initial phase, it would concentrate on destinations in south India, and on providing connectivity to small towns.
LIC had evinced interest to purchase the land at Baba Kharak Singh Marg at around Rs 800 crore.
This carbon credit system is expected to generate greater financial viability for regional operators.
The company wants 'economic restitution' due to rupee depreciation and changes in law.
Officials differ, say firm should first fly regional.
This was in response to the assertion of some officials of the finance ministry and the Department of Industrial Policy & Promotion that a strategically placed comma in DIPP's press note on FDI in civil aviation meant foreign airlines were allowed to hold up to 49 per cent stake in existing Indian carriers, as well as new airline companies being set up.
Air India's total debt stands at about Rs 43,000 crore. It also has dues worth hundreds of crores to oil companies, airports and vendors
The state-run carrier will shortly invite bids to replace its fleet of 11 ATR-42s and Bombardier CRJ planes with newer fuel-efficient turbo prop planes to improve its operating result.
Underrecovery from sensitive petroleum products seen at Rs 1,55,000 cr in current fiscal.
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