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VISAKHAPATNAM: The NTPC-Simhadri power project is making all efforts to start commercial production from the unit and AP will get 452 MW from the 1,000-MW (two units of 500 MW each) generated in the second phase, according to Mr D.K Sood, General Manager in-charge of the plant. While talking...
BANGALORE: ReGen Powertech, the Chennai-based wind turbine maker has raised Rs 52 crore from two large private equity firms, as it looks to upgrade the capacity at its manufacturing plant inUdaipur. TVS Capital, jointly promoted by the TVS and Shriram Groups, and Summit FVCI, a fund advised and managed...
HYDERABAD: Indian infrastructure firm Madhucon Projects, which is setting up its first overseas power project in Indonesia, has on Tuesday announced signing a power purchase agreement (PPA) with the Indonesian government power utility PTPLN (PERSERO). Madhucon, which is currently setting up 1,920MW of power projects near Krishnapatnam in Andhra...
NEW DELHI: The Central Information Commission (CIC) has directed India’s nuclear power plant operator to publicize safety analysis reports of the Kudankulam atomic power plant within a month. In a contentious two-year dispute between environmentalists and the nuclear power establishment, the apex information commission, in an order on its...
With climate change emerging as a critical factor in contemporary policy making, priorities in energy security infrastructure planning and development have also changed accordingly. Despite being a relatively new area, renewable energy is becoming increasingly important inIndia’s energy security matrix. Luckily for the country, it is rich in renewable...
NEW DELHI: The government can go ahead and allocate mining leases on a first come, first served (FCFS) basis, attorney general GE Vahanvati has told the government. The AG’s advice, sought by the mines ministry where around 400 requests for mining leases are pending, comes at a time when...
NEW DELHI: Railways is still the preferred mode of transportation for commodities such as coal, raw material for steel plants, fertiliser and foodgrains. This is despite the steep freight rate hikes effected earlier this year. But a drop in throughput of cement might be a cause for concern. This...
NEW DELHI: NMDC has hiked iron ore prices by around 10 per cent on rising demand for the raw material used in making steel. The state-run miner’s latest move may prompt key customers such as Essar Steel India Ltd, JSW Steel Ltd and Rashtriya Ispat Nigam Ltd (RINL) to...
The Indian Air Force (IAF) has undertaken upgradation of its fighter aircraft to enhance their combat potential and to ensure their operational relevance, said Defence Minister A.K. Antony in the Lok Sabha on Monday. In a release by the ministry, Antony said that contract to upgrade MiG-29 was signed...
In a first, Indiaa nd Japan have decided to conduct a joint exercise involving their navies later this year off that country. A decision to this effect was taken during the meeting between External Affairs Minister S M Krishna and his Japanese counterpart Koichiro Gemba at the 6th India...
Taking a dig at India’s defence expenditure which was lowest compared to countries like China and Pakistan in terms of GDP, a Parliamentary panel said there was an urgent need to build defence capabilities to fight a ‘two-front war’. The panel highlighted huge gaps between the required and existing...
The recent launch of the Agni 5, the intercontinental ballistic missile, makes it a good time to look at how the Defence Research and Development Organisation (DRDO) is managing its finances and funding for ambitious projects. IndiaSpend carried out a 10-year study of available figures and found DRDO seemingly...
NEW DELHI: The Supreme Court today ruled that the Central Government’s permission was required to proceed with the criminal prosecution and trial of five Army personnel on charges of killing five persons in a fake encounter in Pathribal in Anantnag district of Jammu and Kashmir on March 25, 2000....
Deal with Aditya Birla Group will help Biyani move closer to his goal of making his company debt-free by March ’13 MUMBAI: Life has turned full circle for Kishore Biyani. He set up a garments company in 1987 that went on to become Pantaloon Retail (India) Ltd (PRIL), the...
MUMBAI: The Insurance Regulatory and Development Authority has taken a U-turn in its stance on single premium life policies by deciding to allow companies to sell such policies after threatening to halt them, citing high risk. Life insurers have been lobbying that these products are not as risky as...
By Barun Das Gupta KOLKATA: Assam politics has for quite some time been as dull as ditchwater. People have lost all interest in the ongoing talks between the ULFA leaders and the Centre. They have realized that the talks will continue for a long time without producing any tangible...
By Rashmi Saksena What a vulgar move, what an indecent proposal! How gross can the Union Cabinet get by recently passing a Bill that seeks to make it illegal for below 18 year olds to have sex. Before I raise the hackles of conservatives, concerned parents of adolescent girls...
From Pradeep Kapoor LUCKNOW: After drubbing in UP assembly polls, BJP is gearing up for better performance in civic polls scheduled in June-July. Civic polls are biggest test for newly appointed state BJP Luxmi Kant Bajpai who has to ensure good performance for party. Senior BJP vice-president and MLA...