BASF SE, the world's largest chemical producer, will set up a petrochemical production hub at a cost of 16,000 crore in Gujarat in a joint venture with Adani Group.
2 min read18 Jan 2019A muted reaction to the Tata Power-BEST PPA deal suggests that investors are awaiting bigger triggerssuch as resolution of the Mundra power plant issuebefore considering any rerating of the Tata Power stock
2 min read8 Jan 2019Right now, Tata Power is absorbing the losses from the Mundra power plant. As a consequence, analysts ascribe negative value to the asset
2 min read30 Oct 2018Tata Power is also negotiating with power procurers in five states to allow it to sell surplus power produced in the open market
3 min read18 May 2018Adani Power's Mundra plant falls in an SEZ developed by the Adani group; approval from the Board of Approval for SEZs is mandatory to make the demerger effective
1 min read12 Jul 2017Adani Power posted a net loss of Rs4,960.53 crore for the fourth quarter ended March 2017 as compared to a profit of Rs1,012.19 crore in the corresponding quarter of the previous year
1 min read28 May 2017Tata Power plans to sell non-core investments to counter the impact of the SC ruling that disallowed it to charge higher tariff from its Mundra plant
1 min read25 Apr 2017Central Electricity Regulatory Commission's compensation formula will not be able to end cost under-recoveries , say analysts
2 min read9 Dec 2016Govt panel puts Adani Power's 1,600 MW Jharkhand plant on hold, asks firm to scout for another location to expand existing 4,620 MW Mundra plant
2 min read14 Jun 2016How coal prices move and whether there is clarity on compensatory tariffs it will get for Mundra plant are critical for Tata Power
2 min read19 Nov 2014The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared