Finance Minister P Chidambaram on Friday took stock of the power ministry's ambitious plans to set up five ultra mega power projects of 4,000 MW each envisaging an investment of Rs 75,000 crore
'The two-word answer is: Proper oversight,' says T N Ninan.
The Centre for Advanced Management and Power Studies invites applications for its MBA Programme in Power Management at the National Power Training Institute.
In a major blow to Reliance Energy's plans to expand its business in power sector, the Central Electricity Regulatory Commission has rejected the application of the Anil Ambani-controlled company for a transmission licence.
A mix of industrialists and businessmen, who have inherited riches or rose from humble backgrounds and even endured boom and bust cycles, the top five MPs are illustrative of how the political stock of the wealthy is increasing rapidly.
After days of speculation, Prime Minister Manmohan Singh confirmed he would meet his Pakistan counterpart Nawaz Sharif in New York, when he is expected to convey concerns over "barbaric" incidents on the LoC and continued terrorism emanating from Pakistan.
State-run Power Finance Corporation plans to diversify into merchant banking and insurance sectors to mobilise cheaper resources as part of its initiatives to enhance lending to power projects.
Prime Minister Narendra Modi took a dig at pre-election promises to reduce power and water bills, saying he wondered how such promises could be made in states which were dependent on electricity from outside.
'This is part of our efforts to make it easier to do business.'
Arguing that the Bharatiya Janata Party did not accept his offer for "land" at a place "other than the disputed site" for building the Ram temple, SP supremo Mulayam Singh Yadav accused the saffron party of using the temple issue for electoral gains.
The price of wind power may soon compete with conventional fossil fuels, according to researchers in the United States
Singh also interacted with delegations representing different communities, including Kashmiri Pandits, Sikhs, Shias, Gujjars, Bakarwals and Paharis.
As coal stocks at thermal plants fall to critical levels, economic recovery could be hi.
Currently, 23 power units with a cumulative capacity of 30,000 MW have super critical coal stock situation A lack of synchronised approach between the concerned ministries and power plants, has led to this crisis, says Shreya Jai.
Infrastructure growth declined marginally to 4.7 per cent during December 2005 from 4.8 per cent a year ago, largely on account of a sharp decline in crude oil output and poor performance in power sector.
The European Business Group in India on Wednesday called for cooperation in implementation of central policies and abolition of trade barriers.
The infrastructure sector received a huge facelift in the last nine years with improvement in road and railway networks, power generation and teledensity, among others, says the UPA government's report card.
Reliance Infra-backed BSES discoms on Tuesday criticised the Delhi government for recommending to power regulator Delhi Electricity Regulatory Commission to revoke their licenses, saying the proposal was "arbitrary" and "illegal" and will be a huge setback to power sector reforms.
With a view to increase efficiency and competition in the power sector, Central Electricity Regulatory Commission on Monday allowed open access in transmission system to power generating and distributing companies with immediate effect.
Largest deal in thermal power space; Lanco to use proceeds to lower debt.
Setting the bar high for 10 per cent growth, Prime Minister Manmohan Singh on Tuesday promised to explore FDI in retail, sort out problems in power sector and work for a flexible labour market.
Euro-zone growth could improve because of (a) reduced pace of fiscal tightening and (b) stronger exports, but weak domestic demand and a fragile banking system could increase deflation risks that could force the European Central Bank to turn further accommodative.
"The Group of Ministers (GoM) headed by Defence Minister Pranab Mukherjee has held several meetings. A solution is in sight," Union Power Minister P M Sayeed.
With the coming of Electricity Act 2003, the power sector, which was highly regulated with lot of licensing requirements, is in the throes of a long awaited change.
Cameron is the second British PM to visit Kolkata after John Major about 16 years ago.
The government on Thursday ruled out giving another extension to various states for unbundling their electricity boards as part of measures to encourage non-government entities in the power sector.
In an hour-long chat on rediff.com on Thursday, A K Prabhakar, senior VP and Head -- Equity Research (Retail), Anand Rathi Financial Services Ltd, discussed the best stocks to put the investors' money in.
The financial year ending Saturday saw such big-ticket events that set the directional tone for the country's business journey.
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