The NRSC satellite imagery revealed that the lake covered approximately 162.7 hectares. Its area increased to 167.4 hectares on September 28 but drastically reduced to 60.3 hectares.
T Mandal, general manager (project) with NHPC, had been abducted from Vaishali district in Bihar on November 19.
As temperatures soar across the country, amid searing heat wave, analysts see power demand hitting fresh record highs this year. The time, therefore, may be opportune to add related stocks on dips as higher demand boosts earnings visibility, they said. On April 18, India's electricity demand touched a new high of 216 gigawatts.
The KMSS and the All Assam Students Union are opposing the NHPC's dam project at the lower Subansiri site and are blocking the movement of men and materials related to the project at Gerukamukh on the Assam-Arunachal Pradesh border.
PCB completes first phase of COVID-19 vaccination for players and support staff. In the first phase, 57 men players, 13 officials of the men's team and 13 NHPC men and women coaches were vaccinated.
National Hydroelectric Power Corporation will hit the market with an initial public offering by August this year and govt has assured the 'mini-ratna' status to the public sector unit. The IPO, scheduled for last year, got delayed as the company had not appointed non-official directors on time, a condition mandatory for any company to float an IPO. As per the guidelines of market regulator Sebi, 50 per cent of the board must be of non-official directors.
Technical Experts Committee comprising Dr C D Thatte, ex-chairman, Central Water Commission and Dr MS Reddy, ex-chairman, CWC set up by the Planning Commission for comprehensive review of Subansiri Lower Project submitted its report to Planning Commission.
Man arrested in NHPC engineers' kidnap case
The Centre has completed asset monetisation worth Rs 96,000 crore during FY22, surpassing the target of Rs 88,000 crore. For FY23, it has set itself a goal of Rs 1.62 trillion, and already has a pipeline of assets worth Rs 1.6 trillion under advanced stages of implementation, an official said. Union Finance Minister Nirmala Sitharaman on Tuesday reviewed the progress made by several ministries and nudged departments to achieve the targets set for them, the official added.
Ajit Mishra answers reader queries on the stock market.
The UT has been facing a widespread power shutdown Since Sunday owing to a deadlock between the Power Development Department (PDD) employees and the administration over the latter's bid to privatise electricity in the region.
Ruling out any plans to restructure the National Investment Fund (NIF), the government on Friday said the proceeds from divestment of the NHPC and Oil India Limited (OIL) will be credited to the NIF.
The government on Wednesday said the public offer for sale of shares in state-run power firms NTPC and NHPC will come as and when market conditions are appropriate.
A day after the Union Cabinet paved the way for the government reducing its stakes in Oil and Natural Gas Corporation (ONGC), Coal India Ltd (CIL) and NHPC, the shares of these companies fell 3.4-5.2 per cent on bourses.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Either the stake in these companies will be sold or they may partner private firms.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
NTPC and NHPC, which together own a third of India's electricity generation, have roped in state-owned power sector financing firm, Power Finance Corporation for the joint venture along with TCS. "We (referring to NTPC and NHPC together) are the largest power generators and we hope to create a market for this," said NTPC Chairman and Managing Director R S Sharma.
Billionaire Gautam Adani's Group on Wednesday announced the acquisition of SoftBank Group Corp's renewable power business in India for a deal value of $3.5 billion (approximately Rs 25,500 crore), to become the world's largest solar company. In a statement, Adani Green Energy Ltd, the renewable energy unit of the port-to-energy conglomerate, said it has inked share purchase agreements to buy 100 per cent of SB Energy India from SoftBank and Bharti Group. Without giving deal details, the statement said the transaction values SB Energy India at an enterprise valuation of approximately $3.5 billion, it stated. The transaction marks the largest acquisition in the renewable energy sector in India.
Ajit Mishra answers reader queries on the stock market.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
The activist, who advises various farmer organisations, was arrested when Assam was witnessing widespread protests against the Citizenship (Amendment) Act.
While small-caps have delivered higher returns than their large-cap peers, investors would do well to recognise the incremental risk of investing in these companies.
5% stake sale in ONGC will fetch Rs 11,477 crore to the exchequer, while 10% divestment in Coal India will likely garner Rs 15,740 crore.
Ministers might be fond of attributing the Sensex's rise to renewed interest from foreign investors, betting on an impending revival in the economy, but share prices are influenced more by supply and demand.
Ajit Mishra, vice president, research, Religare Broking, answers your stockmarket queries.
For first time in 8 yrs, stake sale proceeds could exceed Budget Estimates. ONGC's acquisition of HPCL alone could get the exchequer more than Rs 30,000 crore.
The list mostly contains PSUs which were up for sale in the last fiscal.
Offloading shares in ONGC, CIL, NHPC may fetch govt more than the year's target.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Phase-wise revocation of the controversial Armed Forces (Special Powers) Act and return of power projects to Jammu and Kashmir are the two most important wishes of Chief Minister Omar Abdullah.
Assam is set to get more power from the 2,000 MW Subansiri Hydro-electric project that is under construction by the National Hydro Power Corporation at Gerukamuhk on Assam-Arunachal Pradesh boundary despite stiff resistance from anti-mega dam protestors.
The J&K chief minister called the firing unpardonable and promised action against those guilty. Mukhtar Ahmad reports.
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
Jammu and Kashmir Chief Minister Omar Abdullah on Tuesday hit out at the Central Industrial Security Force over the killing of a youth during firing on protesters, calling it a "murder" and alleged that the "excessive" force used was "unwarranted and inexcusable".
Ajit Mishra, vice president, Research, Religare Broking, answers your queries.
West Bengal Chief Minister Mamata Banerjee on Tuesday went around some quake-hit areas in Sikkim where the toll has climbed to 50 and promised all help to the state to tide over its major crisis.
This comes at a time when the COVID-19 crisis is expected to derail the government's revenue maths for 2020-21, hitting the mop-up from sources such as taxes and divestment.
Areas in East and Central Delhi face a blackout risk from Saturday as the State-run National Thermal Power Corporation on Friday rejected the Delhi government's plea not to stop electricity supply to the BSES Yamuna Power Ltd for defaulting on payments.
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