Delhi Metro, Yamuna-expressway and Tata Power's Mundra ultra mega power project in Gujarat are among the six ventures that have figured in the list of world's most innovative, impactful infrastructure projects prepared by international accounting firm KPMG.
Reliance Power has terminated its mega power project in Jharkhand over inordinate delays in land acquisition.
Five states -- Maharashtra, Haryana, Rajasthan, Punjab and Gujarat -- face a massive power crisis.
The earlier resolution allowing these developers to charge higher power tariffs, now stands cancelled.
The mass cancellation of coal blocks by the Supreme Court has sent banks in a jittery mode as they have extended over Rs 1 lakh crore loans to power plants that were fed by these mines.
Supreme Court says guidelines were breached, no criteria were followed while allocating the blocks.
The Supreme Court on Monday held that all coal block allocations made since 1993 till 2010 before pre-auction era during previous National Democratic Alliance and United Progressive Alliance regimes have been done in an illegal manner by an "ad-hoc and casual" approach "without application of mind".
Reliance Power is yet to get a new CEO after J P Chalasani quit as managing director and chief executive officer.
Finance Minister Arun Jaitley announced slew of reforms for the masses.
Will get Rs 830 cr, Rs 329 cr respectively to offset higher coal costs
Higher power tariff would have fetched Tata's Mundra UMPP Rs 25,000 crore (Rs 250 billion) and Adani's project an additional Rs 18,500 crore (Rs 185 billion)
The Central Electricity Regulatory Commission (CERC) has said the first 660-Mw unit of Reliance Power's 3,960-Mw Sasan ultra mega power project (UMPP) could not achieve its "full load" in March 2013 and rejected the company's plea to appoint an independent technical committee to look into the readiness of that unit.
Indian manufacturers are concerned about losing market share to Chinese makers.
In a major blow to the corporate sector, the Supreme Court on Wednesday quashed allocation of 214 out of 218 coal blocks which were allotted to various companies since 1993 and in which it was claimed that around Rs 2 lakh crores were invested.
The Narendra Modi-led National Democratic Alliance government has given environment clearance to five projects since it took charge on May 26.
Experts have started giving comments on provisions that the govt must make in Budget 2016-17.
The government will have to get projects moving.
Stocks to watch: ACC, Ambuja Cements, India Cements, Shree Cement, Ultra Tech Cement.
In a major jolt to India's solar energy programme, the Rajasthan government might cancel the 4,000-Mw solar UMPP (ultra mega power project), which was expected to come up near Sambhar Lake.
The idea is to set up renewable energy generation capacity, including both solar and wind, along with the associated evacuation infrastructure, at a mega scale in the four Indian deserts -- Thar in Rajasthan, Rann of Kutch in Gujarat, Lahul & Spiti in Himachal Pradesh and Ladakh in Jammu & Kashmir.
Participants will watch out for the Brexit poll outcome in the late morning trades tomorrow.
In the next three years, Tata Power will invest anywhere between $150-200 million.
R-Power had produced the test certificate claiming March 30, 2013, as the date of commissioning.
Gujarat, the home state of Prime Minister Narendra Modi and portrayed as 'growth engine' of India has witnessed a steep fall in new investments for the second quarter of 2014-15 compared to the first quarter of the same fiscal.
Despite high exposure of public sector banks to power, iron and steel sectors, analysts remain in a wait-and-watch mode.
In the capital goods space, Punj Lloyd and KEC International could be in limelight for the expected turnround
The good news is that within the first 14 months, orders for manufacturing and commissioning of the entire 88,537 Mw capacity for the 12th Plan have been placed, according to the Central Electricity Authority, the country's apex power planning body.
Hike in planned public-sector capital expenditure will be credit-positive for infra cos
The government should give the first right of refusal in the ensuing coal mine auction to the companies which lost the blocks in the mass cancellation by the Supreme Court on Wednesday, former Coal Secretary PC Parakh said.
Since the court had earlier questioned distribution of mining rights through the screening committee route, experts say the solution worked out would be weighed on the basis of legality.
"On the one hand he says I was a 'yachak' (somebody pleading) and on the other hand he accuses me of having arrogance. It's very contradictory. I am willing to plead with the Centre for the cause of Bihar. He is the prime minister and can say whatever he wishes.
Sensex falls at close; metals, banks perform well.
Many top corporate groups hit hard, in penalties and sunk investments, beside loss of future revenue
Make in India right now is just a slogan. The policy content is missing or not clearly articulated. The lion with cogs and wheels must now show some majestic movement forward, says Rahul Khullar.
All evidence suggests that the US Federal Reserve will raise interest rates soon.
Sensex in green in afternoon trade.
Budget will get a welcome reception from the international biz.
With their balance sheets under stress, private companies have lost interest in them.
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