Vedanta secures 11-year Rs 3,900 cr loan from PFCThe group plans to increase the operating capacity of its power business in India to 4.8 GW by FY27, sources with knowledge of the matter s...
15 Apr, 2024, 07.03 PM IST
NARCL improves offer for Vidarbha Industries PowerThe offer comes amid a landmark Supreme Court order that dismissed Axis Bank's petition to admit the company into insolvency stating that t...
01 Apr, 2023, 01.24 AM IST
JSPL acquires Monnet Power for Rs 410 crore at auctionNaveen Jindal-promoted JSPL acquired Monnet Power for a captive purpose. The 1,050 MW Monnet Power plant is located next to JSPL's Angul st...
09 Dec, 2022, 07.26 AM IST
Vedanta to buy Athena Chhattisgarh Power for Rs 564 croreThe acquisition for a purchase price of Rs 564.67 crore is likely to be completed in the ongoing financial year, adding that the considerat...
07 Jul, 2022, 06.46 PM IST
Adani, Jindal Power Cos in Race to Buy Ind-Barath ThermalInterest in distressed power companies has recently increased due to a shortage of power supply and the government nudge to state-owned ban...
22 Jun, 2022, 11.59 PM IST
Vedanta outbids JPL for AthenaResources conglomerate Vedanta's final offer of ₹565 crore was much higher than the staggered payment of ₹400 crore it had offered under th...
10 May, 2022, 11.04 AM IST
Resolved power assets can't service debt as Covid-19 pandemic has reduced demandThe turnaround time of these projects has increased because of the pandemic, raising concerns on fresh investments in the sector amid globa...
18 Aug, 2020, 12.00 AM IST
Banks may refer GMR, Prayagraj, SKS, 8 other power companies to NCLTThe other companies are SKS Ispat Power, Meenakshi Energy, Athena Chhattisgarh Power Jhabua Power, KSK Mahanandi, Coastal Energen and Jinda...
06 Sep, 2018, 09.18 PM IST
FIPB to take up 16 FDI proposals at April 5 meetingFIPB, chaired by the Economic Affairs Secretary, will also consider the proposal of Gulf Quarry General Trading FZC which has sought approv...
23 Mar, 2016, 03.28 PM IST
Government raises Rs 12,591 crore from auction of 3 coal minesGovt kitty has swelled by Rs 12,591 cr with the sale of 3 mines to Hindalco, Jindal Power & Indrajit Power today, the third day of the seco...
07 Mar, 2015, 06.36 PM IST
Hindalco, Jindal Power bag mines on 3rd day of auctionsHindalco Industries has bagged Dumri mine in Jharkhand for an estimated Rs 9,809 crore, while Jindal Power won Tara block for Rs 2,103 cror...
07 Mar, 2015, 02.35 PM IST
Mandakini Exploration and Mining bags coal block in Odisha for Rs 602 per tonneTrimula Industries won the Meral coal block in Jharkhand, beating Usha Martin and Easternrange Coal Mining Pvt Ltd.
06 Mar, 2015, 03.20 AM IST
Day 2 of auction: Trimula bags coal mine in JharkhandOn Day 2 of coal auctions, Trimula Industries bagged Meral mine in Jharkhand, taking the total number of mines won by the firm to five.
05 Mar, 2015, 03.12 PM IST
Delhi homes consume the most power, Tamil Nadu ranks thirdThe national capital and the tourist paradise of Goa have, in fact, held the top two slots for some years, but Tamil Nadu has overtaken Pun...
11 Sep, 2014, 08.24 AM IST
Panel recommends green clearance to Fatehpur East Coal mineA high level committee has recommended green clearance for Fatehpur East Coal Pvt Ltd's mining project in Chhattisgarh but with certain rid...
30 Jul, 2014, 03.52 PM IST
Environmental activist Ramesh Agrawal: We need compliance, not more environmental lawsThe National Environment Appellate Authority [which NGT replaced] was not working properly. At one point it had only one member, JC Kala.
01 Jun, 2014, 04.27 AM IST
CCI to take up Rs 49000 crore troubled power plants todayCabinet Committee on Investments is likely to consider fast tracking Rs 49000 crore worth power plants of Reliance Power and Essar Power.
26 Aug, 2013, 02.26 PM IST