The country's largest power producer, NTPC, which will add another 20,000 MWs by 2017 and induct large sized units of 1000 MWs during the 12th Plan, has its initial public offering oversubscribed by 13.4 times in the stock exchange.
The Central Bureau of Investigation on Monday filed its first charge-sheet in a Delhi court in the coal blocks allocation case against Navabharat Power Pvt Ltd for allegedly misrepresenting facts and making "fraudulent" claims to "embellish" its applications to get allotments between 2006 and 2009.
The first task before him is to get used to the idea of working with the Monetary Policy Committee
SC judges suspected a lack of objective criteria in the selection.
India, South Korea sign 7 agreements to boost cooperation.
The Planning Commission has given its nod to state-owned Power Finance Corporation to raise capital through a public offering in which government is also likely to offload up to 10 per cent stake this fiscal.
India's power sector is looking up with as many as 11 state electricity boards having reported reduction in losses during the last two years and the public-sector companies increasing their recoveries
Corporates understand that the PMO drives all key decisions in this government.
Power Finance Corporation, a government-owned development financial institution, is likely to enter the capital market this year for enhancing its equity by up to 15 per cent. \n\n\n\n
The unconditional apology was tendered over the filing of an irregular affidavit opposing the panel's jurisdiction.
Prime Minister Narendra Modi will retain DoPT, Atomic Energy as well as all important policy issues and portfolios not allocated.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
A selection of Indian corporations are cutting costs and contributing to a green economy by embracing clean fuel and India Inc sees a strong business case in adopting renewable energy to power their operations.
Kelkar plan may see power tariff rise 30% Ministry of power has said that tax liability of the power sector would increase by up to 30 per cent if the Kelkar report on direct and indirect taxes was implemented.
There was no word on whether or when Patel would be talking to the media about his priorities and plan of action as head of Mint Street
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.
Adopting villages for electrification and introducing corporate-style induction programmes in ministries were some of the ideas thrown up when Power and Coal Minister Piyush Goyal got celebrity author Chetan Bhagat to speak to his staff.
Merger of the three key ministries is expected to help in removing the hurdles in these areas.
The Finance Ministry has called a meeting of heads of public sector banks to clear stalled projects.
In a curious turn of events on Wednesday, Prime Minister Narendra Modi picked Rajeev Topno, a 1996 batch Indian Administrative Service officer from the Gujarat cadre and a part of the Prime Minister's Office under former PM Manmohan Singh, as private secretary.
The Union Cabinet on Wednesday cleared changes in the Act. Union Power Minister Piyush Goyal earlier this week said the Bill would be tabled in Parliament soon.
The private discoms that join the scheme would only benefit in terms of operational efficiency and there will not be any financial bailout
The move to implement a proposal of star ratings on passenger vehicles, similar to those seen on electrical appliances, is likely to be delayed by several months. Stakeholders from the automobile sector and the government are divided over key facets.
Chief Minister Arvind Kejriwal on Friday accused BSES discoms of trying to "blackmail" the government by threatening power cuts upto 10 hours a day, and warned them of strict action including possible cancellation of licenses.
She said her party has been consistently advocating dialogue, both with Pakistan and all sections of the society within the state, including the separatists, for a permanent resolution of the Kashmir issue.
The BJP's manifesto for UP elections promised many things. But, given the state's precarious financial position, fulfilling these promises is likely to prove tricky, says Ishan Bakshi.
Dharmendra Pradhan lays bare the next course of action for his ministry and says RIL will have to pay the same price at which it produced the volumes.
In the third reshuffle since coming to power, Prime Minister Modi raised the strength of his Council of Ministers from 73 to 76.
The Cabinet Committee of Economic Affairs has approved a hike in gas prices from April 2014.
Oil Minister M Veerappa Moily has asked the finance ministry to cut duties on branded petrol and diesel that offer better mileage and help cut fuel consumption.
Under attack over the alleged power projects scam in Arunachal Pradesh, Union minister Kiren Rijiju on Tuesday rejected allegations of wrongdoing and said those who have "planted" the story against him "will be beaten up with shoes".
Beijing wants assurance that its investments won't come under scrutiny
If nothing is done, the country is set to become 83 per cent energy-import-dependent by 2040.
'If the government starts playing favourites, if the government acts in a manner which is not transparent, then natural resources which belong to not just you and me, but future generations, they fritter away. The anger against corruption, the anger against India's natural resources being looted is a consequence of the fact that within society there is a huge amount of turmoil and discontentment. Why should an Empowered Group Of Ministers or the Cabinet Committee on Economic Affairs decide the administered price of gas?' asks Paranjoy Guha Thakurta in this exclusive interview with Rediff.com's Sheela Bhatt.
As Prime Minister Narendra Modi is set to deliver his third Independence Day speech on August 15, he is inviting ideas from citizens on issues he should speak on
Aditya Thackeray may want Mumbai's shops and restaurants to remain open 24x7 but the Maharashtra government won't be okaying it in a hurry, says Neeta Kolhatkar.
A day after deciding to nearly double natural gas prices to $8, Finance Minister P Chidambaram on Friday hinted that power and fertiliser units may get gas at subsidised rates to keep electricity and urea costs down.
Who are the men the prime minister relies on to execute his impressive agenda?
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances