BackEnergy | NPCIL says IOC, Nalco keen on joint ventures
Energy | NPCIL says IOC, Nalco keen on joint ventures
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New Delhi: Power producer Nuclear Power Corp. of India Ltd, or NPCIL, said Indian Oil Corp. Ltd, or IOC, and National Aluminium Co. Ltd, or Nalco, are keen to form joint ventures to build atomic energy plants in the country.
The companies may be offered minority stakes in ventures, NPCIL chairman S.K. Jain told reporters in New Delhi on Friday. NPCIL and NTPC Ltd may soon sign an accord for a separate venture to build as many as eight atomic reactors, he said.
—Bloomberg
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Bhel gets Rs1,300 cr power plant order
New Delhi: Equipment manufacturer Bharat Heavy Electricals Ltd, or Bhel, has received a Rs1,300 crore order for the supply and installation of a boiler, turbine and generator package at the upcoming Vallur thermal power project at Ennore in Tamil Nadu, a company release on Friday said.
—NewsWire18
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GSPCL plans to sell shares in three months
New Delhi: State-run explorer Gujarat State Petroleum Corp. Ltd plans to sell as much as a 10% stake in the company in three months, Saurabh Patel, energy minister of Gujarat, said in New Delhi on Friday.
—Bloomberg
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