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Adani suspends Australia project’s engineering work over delay in approvals
Mon, Jun 29 2015. 08 37 PM

Adani suspends Australia project’s engineering work over delay in approvals

Firm says it needs to synchronise its budget, project timelines and spending to meet changes
Indian power plants find Rs1.2 trillion of capacity has no takers
Mon, Jun 29 2015. 12 54 PM

Indian power plants find Rs1.2 trillion of capacity has no takers

High interest rates and weak industrial demand have coupled with unusually cool summer and unseasonal rains to curtail electricity usage
Loan costs fall for fuel marketers, leaving funds for expansion
Mon, Jun 29 2015. 12 10 AM

Loan costs fall for fuel marketers, leaving funds for expansion

OMCs benefit from weak crude prices, end of diesel subsidies and prompt compensation for subsidized fuels
GMR to revamp Rs4,500 crore Odisha plant loan
Sun, Jun 28 2015. 11 59 PM

GMR to revamp Rs4,500 crore Odisha plant loan

Infrastructure group is looking to pare high-cost debt, obtain additional funds to repay loans, says top finance executive
Govt to review mine clearance status of companies
Sun, Jun 28 2015. 07 56 PM

Govt to review mine clearance status of companies

Govt had recently auctioned 29 coal blocks in two tranches to private companies and garnered over Rs.2 trillion
Narendra Modi to launch integrated power scheme in Varanasi on Sunday
Sat, Jun 27 2015. 04 23 PM

Narendra Modi to launch integrated power scheme in Varanasi on Sunday

IPDS is one of the flagship programmes of the power ministry and will be at the core attempt to ensure 24x7 power for all
Tata, Reliance and Mahavitaran hike power tariff in Mumbai
Sat, Jun 27 2015. 02 19 PM

Tata, Reliance and Mahavitaran hike power tariff in Mumbai

MERC has approved an increase in tariff of 2.44% for Mahavitaran, while 5.2% and 3.92% for Reliance Infra and Tata Power, respectively
Four private firms likely to bid for <span class='WebRupee'>Rs.</span>4,000 crore transmission projects
Fri, Jun 26 2015. 10 38 PM

Four private firms likely to bid for Rs.4,000 crore transmission projects

The request for proposal (RFP) will be submitted for the 4 power transmission projects worth Rs.4,058 crore
India to auction oil and gas blocks this fiscal year
Fri, Jun 26 2015. 10 36 PM

India to auction oil and gas blocks this fiscal year

The government is contemplating to make three major changes in the auctioning system
Discoms’ finances key for 24x7 power: Jayant Sinha
Thu, Jun 25 2015. 10 04 PM

Discoms’ finances key for 24x7 power: Jayant Sinha

Sinha says govt looking at all possible options to manage the stress
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