NEW DELHI: French power firm GDF Suez SA will take 26 per cent capacity in the 3.5 million tonne a year floating LNG import facility being set up off the Andhra Pradesh coast. Andhra Pradesh Gas Distribution Corp Ltd, a 50:50 joint venture of GAIL Gas Ltd and Andhra...
SINGAPORE: Oil edged higher in Asian trade today but prices were capped ahead of a Spanish government bond auction amid fears anaemic demand could reignite jitters over the euro zone debt crisis. Prices were supported by renewed concerns over West Asia supply owing to the standoff between key producer...
KOLKATA/BHUBANESWAR: The site for the second Ultra Mega Power Project (UMPP) in Odisha, to come up in the western part of the state, is expected to be finalized soon. A team of the Central Electricity Authority (CEA) will visit possible sites in Kalahandi and Bolangir districts during April 24-25...
KOLKATA/RAIPUR: The damaged ash dam did not distress the power production in the Korba station of the National Thermal Power Corporation (NTPC) as the fiscal 2011-12 ended with a good note. The station produced 18030.297 million units (MUs) of power in the financial year 2011-12 despite most of its...
NEW DELHI: Three weeks after the prime minister suggested to world leaders at a nuclear summit in Seoul that India should get membership in the world’s four major export control regimes, foreign secretary Ranjan Mathai on Wednesday fleshed out that statement into a detailed case. Addressing a gathering of...
The Coal Ministry is likely to begin this week the process of issuing show-cause notices to 58 captive coal block holders, including PSUs, which have not started the development work of mines in stipulated time. “The coal ministry is likely to issue show-cause notices to 58 coal block holders,...
KOLKATA/BHUBANESWAR: In a setback to the expansion plan of state owned Odisha Power Generation Corporation (OPGC), the Ministry of Coal has ruled out the possibility of offering tapering coal linkage for the 1,320 MW project at Banharpali near Jharsuguda. The expansion project which involved adding two units of 660...
KOLKATA: Coal India’s board remains divided over fuel supply agreements (FSAs) with private power producers for plants being commissioned after December 2011 although its has agreed to abide by the Presidential Directive to sign agreements with older plants, company sources said. In its meeting last week, discussions about plants...
GCM vitiated, charges could not be proved: AFT CHANDIGARH: After having spent a year in jail on conviction over charges which “were never proved beyond doubt”, a Colonel has been honourably acquitted, with the army being directed to reinstate him in service in the post and rank from where...
Action needed to end critical deficiencies by Gurmeet Kanwal The Army Chief’s leaked letter to the Prime Minister and the CAG’s recent report have revealed that the state of defence preparedness is a cause for serious concern. The Chief’s letter has brought into the public domain what has been...