IPA Special

TN Chief Minister Again Asks For Full Capacity From Kudankulam Unit

CHENNAI: Amidst growing power demand this summer, Tamil Nadu chief minister J Jayalalithaa on Wednesday wrote yet another letter to Prime Minister Manmohan Singh, reiterating her earlier appeal that the entire 1,000 MW generated from the first unit of the Kudankulam Nuclear Power Plant (KNPP) be allotted to the...

Apr 26 · >

Solar Power Project In Maharashtra Cleared, Says Official

JODHPUR: The environment ministry has cleared the way for the world’s largest consolidated solar power project to be located in Dhule,Maharashtra, a top government official said. A marquee project for the Maharashtra government to advertise its renewable energy commitments, the 125 megawatt (MW) solar plant was among the first...

Apr 26 · >

Government May Re-Introduce Sops For Wind Farms

MUMBAI: The renewable energy ministry is planning to re-introduce incentives for the wind energy sector to allay fears that capacity addition could fall after the sops were withdrawn from April 1. The government rolled back two key incentives for the sector this year: accelerated depreciation and generation-based incentive. Industry...

Apr 26 · >

Global Venture Funding In Wind Energy Sector Touched $240 Million

KOLKATA: Wind energy may have attracted lukewarm response in India but global venture funding in wind energy sector touched $240 million with record 12 deals during first quarter of 2012 according a report by Mercom Capital Group. This is in sharp contrast to two deals totaling $12 million in...

Apr 26 · >

Solar Energy Corporation To Be Fully Functional By June

JODHPUR: State-run Solar Energy Corporation, formed primarily for executing the Jawaharlal Nehru National Solar Mission (JNNSM), will be fully functional by June. “The broad mandate of the company will be to help the ministry to implement JNNSM. It will be fully functional in another two months,” Director Ministry of...

Apr 26 · >

New Coal Royalty Formula To Hit Captive Miners

NEW DELHI: The government’s decision to switch to a new royalty formula for coal would erode the benefit currently available to captive coal miners by way of reduced royalty rates. At the same time, it would increase state governments’ royalty collection multi-fold. As captive miners do not engage in...

Apr 26 · >

Coal India Ltd Workers To Get Life Cover: Govt

NEW DELHI: Coal India Ltd workers will get Rs 1,12,800 life cover from the coal companies, minister of state for coal Pratik Prakashbapu Patil said on Wednesday. Coal India Ltd has recently revised the wages and salaries of coal workers with effect from July 1, 2011, he said in...

Apr 26 · >

Government To Auction 54 Coal Blocks

NEW DELHI: The government has identified 54 coal blocks with total geological reserves of about 18.22 billion tonnes for auction to various companies, minister of state for coal Pratik Prakashbapu Patil said in a written reply to Lok Sabha on Wednesday. Of the 54 blocks, 16 with 7.27 billion...

Apr 26 · >

CIL Inks Fuel Supply Pacts With Five Power Firms

NEW DELHI: State-owned Coal India Ltd (CIL) has so far entered into fuel supply pacts with five power firms for minimum assured supply of coal as per a government directive. “So far five firms have signed fuel supply agreements with CIL, including Lanco Anpara Power and Bajaj Hindustan,” a...

Apr 26 · >

Ukraine On Brink Of Missile Deal With India

Ukraine is close to signing one of it’s biggest ever defense deals for air-to-air missiles with India. The deal for R-27 air-to-air missiles is worth hundreds of thousands of dollars, is in the final stages and is waiting for approval from the Ukrainian leadership. The Vympel R-27 (AA-10 Alamo)...

Apr 26 · >

Astra Microwave Wins Rs 310 Crore Defence Contract

BANGALORE: In one of the largest defence offset contracts awarded to a mid-tier Indian firm Astra Microwave Products Ltd has bagged Rs 310 crore deal from one of its overseas customers. The Hyderabad-based microwave and radar component maker will supply critical radar sub-systems to the vendor which is participating...

Apr 26 · >

Copter Deal: Antony Seeks Fresh Report On ‘Tainted’ Italy Firm

NEW DELHI: Defence Minister AK Antony today directed his ministry officials to get a fresh report from the Indian Embassy in Rome following media reports in the Italian media alleging malpractices by an Italian company which is also supplying 12 helicopters for the VVIP Communication Squadrons of the Indian...

Apr 26 · >

Risat-1 Satellite Launch A “Grand Success”: ISRO

The PSLV-C19, the newest in the series of polar satellite launch vehicles of the Indian Space Research Organisation (ISRO), burst off the launch-pads of Sriharikota in the wee hours of Thursday on its space mission of placing indigenously developed Radar Imaging Satellite the RISAT-1 in a polar circular orbit....

Apr 26 · >

Indian Army Gears Up For War Games In Rajasthan Desert

The Indian Army has launched a massive summer exercise in the Rajasthan desert involving over 50,000 troops and several hundred artillery guns and infantry combat vehicles. The games will take place to strengthen the army’s efforts to shore up it’s battle worthiness on the western front with Pakistan. The...

Apr 26 · >

Indian, Thai Navies Conduct Joint Exercise In Andaman Sea

Indian and Thai navies have undertaken a week-long joint exercise in the Andaman Sea to combat terrorism, piracy and arms smuggling. The joint Coordinated Maritime Patrols (CORPAT) was represented on the Indian side by INS Bangaram of the Andaman and Nicobar Command. The Royal Thai Navy was represented by...

Apr 26 · >

Agni V: Fired By Domestic Industry

About 450 people, right from the top missile scientist to the contract worker, sweated it out 24×7 for nearly a fortnight on the Wheeler Island, off the coast of Odisha. The dedication and team work culminated in the success of Agni V,India’s longest range ballistic missile, on April 19....

Apr 26 · >

Bofors Slugfest As Ex-Agent Clears Rajiv On Payoffs, But Not On Q

NEW DELHI: Even as the BJP decided to rake up afresh the Bofors gun issue after latest disclosures in the media today by the former Swedish investigator Sten Lindstrom that Rajiv Gandhi had protected the identity of Italian businessman Ottavio Quattrocchi, the Congress party interpreted this as a vindication...

Apr 26 · >

MoD ‘Bugging’: Tejinder Singh Takes Army Chief To Apex Court

NEW DELHI: Lt Gen Tejinder Singh (retd) today moved the Supreme Court seeking a CBI probe into the alleged role of outgoing Army Chief Gen VK Singh in the reported bugging of the Defence Minister’s office. The government has already denied that the minister’s office was bugged. The retired...

Apr 26 · >
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