Vedanta, Torrent, among companies in race for Coastal EnergenIn February last year, the Chennai bench of the National Company Law Tribunal (NCLT) admitted the power producer for corporate insolvency a...
05 May, 2023, 06.34 AM IST
Fuel cost pass-through: Govt panel allows 6 gencos to raise charges by up to 20 paise a unitThe Centre had invoked the emergency clause provided under Section 11 of the Electricity Act to ask 13 projects to import coal and start ge...
30 May, 2022, 06.52 AM IST
Emergency clause invoked on power plants in national interest: Power SecyAt a meeting on Friday in the power ministry, most lenders agreed to offer funding support to restart operations of the stressed assets, bu...
07 May, 2022, 12.31 AM IST
Govt orders all imported coal plants to operate amid high power demandThe directive will bring on stream at least 7 GW power plants of Essar Power, Coastal Energen in states such as Gujarat, Andhra Pradesh and...
06 May, 2022, 05.11 PM IST
ED files charge sheet in case linked to sale of inferior coal to PSUsThe case pertains to "over valuation of coal prices whereby PSUs paid higher price for the purchase of lower quality of coal", it said.
05 May, 2022, 02.37 PM IST
Power Minister RK Singh meets companies, banks to restart 5 GW units"Barring one or two plants which are not feasible to run as they have been shut down for 5-6 years and will take about one year time to rev...
03 May, 2022, 06.26 AM IST
Power Minister RK Singh to meet states, lenders on reviving stressed plantsIndustry sources say peak demand is expected to rise further to 220-GW in May compared to approximately 215-GW in April. The maximum demand...
02 May, 2022, 09.47 AM IST
Power crisis: States turn to idle plants to avoid a grid collapseSeveral states have asked such plants to resume operations and are willing to pay a higher price for power generated from costlier gas and ...
22 Apr, 2022, 06.15 AM IST
Coal units in 10 states asked to install anti-emission gearAccording to the revised categorisation of thermal power plants by the Central Pollution Control Board (CPCB), these 79 coal-fired power pl...
22 Dec, 2021, 07.18 AM IST
2 more power plants lined up for one-time settlementLenders have placed their hope on the resolution of two struggling thermal power plants, Coastal Energen and Jindal India Thermal operating...
28 Jan, 2020, 07.30 AM IST
Banks to take 55% haircut on Coastal Energen’s debt of Rs 6,500 croreLenders have agreed to sell the company’s debt to a consortium comprising Hong Kong’s alternative investment fund SSG Capital and the distr...
07 Nov, 2019, 10.41 AM IST
PPA auction for stressed power stations gets bids for 2,200 mwBids were received for 2,200 mw PPAs against 2,500 MW offered by the government.
27 Jun, 2018, 09.22 AM IST
Coal & Oil Group secures Rs 1,600 crore additional funds for 1,200-MW projectDubai-based Coal & Oil Group has received Rs 1,600 crore additional funding for its 1,200-MW project at Tuticorin in Tamil Nadu.
23 Dec, 2013, 04.55 PM IST
- US Headquartered Xylem aims to grow in water solutions
New York based technology company ITT’s Indian venture Xylem Water Solution will complete supply of largest sea water handling vertical col...
01 Nov, 2012, 07.08 PM IST
- Significant progress in 1200 MW thermal plant: Coastal Energen
CEPL, the power generating company of Coal and Oil Group, announced it had achieved "significant process" of its 1200 MW Mutiara Thermal at...
19 Jan, 2012, 03.19 PM IST
- Coal & Oil enters into shipping contract with Korean firm
The $600 mn Coal and Oil has entered into a long-term shipping agreement with $5 billion Korean company STX Pan Ocean to carry coal for Coa...
03 May, 2010, 07.27 PM IST
- Coastal Energen tie up with Chinese Co for power equipment
Coastal Energen, the privately held power generation venture of Coal & Oil group, has signed a boiler turbine generator ( BTG) procurement ...
26 Feb, 2009, 06.38 PM IST