Upholding an order of Maharashtra Electricity Regulatory Authority, the Bombay high court on Thursday asked Tata Power Company to pay Rs 289 cr
The process to restart the 2184-MW Dabhol power plant has received a jolt with promoters, GE and Bechtel, slapping an arbitration notice on Maharashtra State Electricity Board for recovery of Rs 26,000 crore (Rs 260 billion) towards investments and l
Bihar is heading for a major power crisis with 16,000 power workers and engineers deciding to go on an indefinite strike from Tuesday in support of their demands for unfreezing DA.
Both the buildings have been evacuated. Sniffer dogs and a bomb disposal squad have been pressed into service.\n\n\n\n\n\n
Foreign lenders to Enron Corp's $2.9 billion stalled Dahbol power project said on Thursday they had launched arbitration proceedings in a London court to recover their loans and exit from the Indian project.
Offshore lenders to bankrupt Enron Corp's $2.9 billion Indian power plant in Dabhol want to terminate the power purchase agreement with Maharashtra State Electricity Board, a statement from a consultant of the banks said.
The victory was the second from three matches for the army team, in the NFL
The government said on Monday that it would give state power utilities Rs 40,000 crore (Rs 400 billion) over the next five years to reform the ailing industry after huge losses and decades of poor management.\n\n
Kuldeep Kaur, wife of an assistant lines man of the Punjab State Electricity Board and a resident of Dhaleke village in Moga, has won Rs 1.5 crore Punjab State Baissakhi Bumper lottery.
The losses of state electricity boards have come down by a massive Rs 8,000 crore (Rs 80 billion) in 2003-04, thanks to the Centre's incentive-based initiative through accelerated power development and reform programme (APDRP).
The financial fraud, one of the biggest in the state as per records, was being investigated by the different departments of Himachal Pradesh for the past over four years.
Bharat Heavy Electricals Ltd on Monday said it has bagged a Rs 599 crore (Rs 5.99 billion) contract for setting up a 250 MW thermal power plant in Beed district of Maharashtra.
How the 4 ministries have performed
Indicating that it would take some more time to restart the controversial Phase I of Dabhol Power project in Maharashtra, Power Minister Anant Geete said in Lok Sabha.
The father of Mehdi Masroor Biswas, the alleged handler of the pro-Islamic State Twitter account who was arrested in Bengaluru on Saturday, said that he did not know about it and claimed that his son's internet account was hacked.
Market players say the government is likely to attempt, at least, one big-ticket sale this month.
Leader of Opposition in Kerala Assembly Ramesh Chennithala demanded a judicial probe into the circumstances that led to opening of shutters of 40-odd dams at a time in the state.
Ratnagiri Gas will be an equal JV between NTPC and GAIL if MSEB which has been offered a small stake does not pick up equity
NTPC, which currently generates over 43,000 MW, aims to add 14,000 MW capacity by 2017.
'That was triggering stone-throwing.' 'So if the cops were not so visible, the chances of any violence is reduced.'
A day after veteran Bharatiya Janata Party leader L K Advani met him at Hazaribagh jail, Yashwant Sinha on Wednesday secured bail from a local court having spent a fortnight in prison following his refusal to seek relief after his arrest during a power crisis stir.
Analysts said with more power sector companies referred to the NCLT by banks, large companies would be at an advantage.
The protest over electricity crisis by the Bharatiya Janata Party in Hazaribagh, Jharkhand entered the third day even as senior party leader Yashwant Sinha and others did not apply for bail on Wednesday after they were arrested and remanded to judicial custody in connection with alleged assault of an electricity board official.
'Now is the time for India to course correct and for the government also to course correct,' says businessman Mangesh Khatri.
Over 7.24 lakh displaced people have been sheltered in 5,645 relief camps dotting the state, they said.
The Centre said that there was no legal provision to declare a disaster as a national calamity, amid demands for declaring the floods as a national disaster.
It is impossible for Mumbaikars not to glimpse themselves or someone they know in Sudhir Patwardhan's paintings.
Water level in the Mullaperiyar dam is threatening to cross the permissible limit of 142 feet, leading to fears about the safety of the people living downstream from it in Kerala even as six spillway shutters were opened on Monday night to release excess water.
Many private players have been under pressure due to factors such as macro-economic issues and delay in receivables from state electricity boards with weak financial health.
The CISF headquarters in Delhi said any issue related to service leave had nothing to do with the jawan taking the extreme step.
As deputy governor, Patel headed the RBI panel to draft the monetary policy report, which became the basis of the ongoing reforms at the apex bank
The last revision was done in June wherein passenger fares were revised by 4.2 per cent and freight rates by 1.4 per cent.
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