Dabhol's assets will be demerged into the power plant and the LNG terminal.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
If indeed the issues involved between the government and RBI are of immense public interest, why not make public the arguments of both the government and the RBI, irrespective of the outcome of the process, says Tamal Bandyopadhyay.However, the Act is silent on what happens if the governor's views differ from that of the government. If Patel does not want to budge from his stance the government can either see merit in the Governor's arguments and decide against going ahead with its plan or overrule him. My guess is that the issues raised by the government need to be sorted out not at the November 19 board meeting but between the Governor and the government, says Tamal Bandyopadhyay.
The firm expects its recent equity infusion, debt refinancing and the compensatory rate to lead to a turnaround in its financial position.
A Delhi court on Monday framed defamation charges against Aam Aadmi Party leader Arvind Kejriwal in a case filed by Delhi Chief Minister Sheila Dikshit's political secretary for his alleged remarks against her during power tariff hike protests in October 2012.
Goa, Uttarakhand and Meghalaya will initiate schemes to enable 24x7 power to consumers.
Reliance Infra-backed BSES discoms have sought Rs 450 crore "dues" from Delhi government and the Municipal Corporation of Delhi to overcome their immediate "financial difficulties" and avoid black outs in 70 per cent areas even as the AAP dispensation maintained it will not adopt a "lenient" approach in dealing with the firms.
Has the Modi government been more at odds with institutions than other governments? There is no doubt that there have been more run-ins. While the RBI and CBI cases have drawn attention, there have been others, less publicised, Subhomoy Bhattacharjee points out.
On paper, only 8,000 villages remain to be electrified in the country, but the situation on the ground shows euphoria over numbers is misplaced
'You can never bring about a change if you only bring in outsiders. Consultants will never feel what changes are necessary and where,' says Railway Minister Suresh Prabhu.
It's been a decade of ordeals for the residents of the plush Mayfield Gardens in Gurgaon who are living in their crore plus apartments without basic amenities of water, power and sewage. A Ganesh Nadar reports.
Power plant load factors are at historic lows of around 60 per cent.
NTPC to be the worst hit, stock slides to five-year low on announcement.
Should the party expand to Punjab, Bihar and other places, or should it consolidate its gains in Delhi? This was one of the questions before the party when it split sometime back. An answer is yet to emerge.
Regulator's nod assumed more importance after the Maggi issue.
Merging tribunals may lead to administrative convenience, but pendency of cases is likely to increase
Rates to go up as Delhi power regulator works out plan to liquidate past dues.
Sensex in green in afternoon trade.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
With their balance sheets under stress, private companies have lost interest in them.
Moving from pricing control to a free market means stiff competition.
CAG may not be the cure-all for the ills that afflict PPP projects and is perhaps a sub-optimal solution to the problem.
The bench said the AAP contention that the LG is bound to act on the aid and advice of Council of Ministers was "without substance and cannot be accepted".
'There is tension between the zones all the time.'
A week after taking office, Arvind Kejriwal and his ministers have ambitious promises to keep.
More, many market gurus expect the Sensex to reach 30,000 levels by December and 40,000-45,000 in three to four years.
The AAP has adopted policies in an ad hoc manner, without thinking them through or deriving them from a broader framework. This must change if the AAP is to become a credible alternative, says Praful Bidwai.
Who are the men the prime minister relies on to execute his impressive agenda?
'The Modi government believes the industrialist, the capitalist, has to pay for the assets of the government which belong to the people of India.'
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