In a bid to expedite clearances for power projects, the power ministry will soon approach the cabinet with a proposal that allows all schemes below Rs 1500 crore (Rs 15 billion) automatic approval.\n
Did Prime Minister Narendra Modi have his facts wrong when he claimed during his address to the nation from the ramparts of the Red Fort that Nagla Fatela, a tiny village in Uttar Pradesh, had finally been electrified, seven decades after independence?
The cut-off date the RBI chose was March 1, 2018. This meant that by the end of August if these accounts were not resolved, then they would have to proceed through insolvency.
Piyush Goyal has begun his term as railway minister with characteristic energy, but not all his new initiatives are being praised
Infrastructure ministries asked to quickly resolve issues.
'The reshuffle was expected to show some sign about the BJP's awareness of the looming difficulties.'
'But there is no certainty that the new inductees will be able to breathe life into the government,' says Amulya Ganguli.
The Aam Aadmi Party office in suburban Andheri was on Saturday allegedly vandalised by a group of some 20-25 persons with the party claiming that the attack was the handiwork of the Nationalist Congress Party.
This will help expedite private sector power projects, said sources.
Having set an ambitious target for capacity addition, the power ministry on Monday sought to push ahead with the agenda seeking regulators for coal and petroleum sectors even as it criticised public sector power companies
As many as 10 merchant bankers, including ICICI Securities and SBI Cap, had evinced interest in managing the stake sale.
The ministry of finance has estimated that about Rs 1,800 crore (Rs 18 billion) would be needed to restart the Dabhol Power plant, lying idle for the past three years.
in the first lot 74 blocks will be auctioned, but the number of mines a company can bid will be capped to avoid monopoly.
Electricity Act 2003 is likely to be notified in the next 10 days while national electricity and tariff policy will be formulated in the next six-eight months
Minister of state for power Piyush Goyal will gift wooden-framed 'appreciation letters' to one million govt employees.
Power Ministry on Tuesday held discussions with National Thermal Power Corporation and financial institutions, including IDBI, as part of efforts to restart power generation at the idle Enron-promoted Dabhol Power project.
In an attempt to restart the controversial Enron promoted Dabhol power project, the power ministry is holding high-level talks with minority partners, GE and Bechtel.
The government is expected to hold negotiations with the promoters of Dabhol Power Corporation -- GE and Bechtel -- next week for restarting generation at the power project.
The Union Power Ministry has selected Rashtriya Ispat Nigam Limited (Visakhapatnam Steel Plant) for the National Energy Conservation Award 2002, first prize in the integrated steel plants sector.\n\n\n\n
Virtually ending the debate on whether or not divest in power giant National Thermal Power Corp, power ministry will soon approach Cabinet for its approval to increase corporation's equity by 10 per cent by way of issuing fresh equity in the market.
On eve of completion of one year of the Narendra Modi government one of the not-so-debated issues has been the indecision and confusion in selecting a cabinet secretary suitable for the National Democratic Alliance government.
The average rating was seven out of 10.
CAG audit is likely to be completed in six months.
LG, Panasonic: Making in and for India LG and Panasonic are looking to revive their fortunes in India by building local insights into their new products.
To increase gas availability for power plants, the Ministry of Petroleum and Natural Gas has taken various steps.
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