Government mulls second round of 2,500 MW medium-term PPA auctionPower sector is facing stress due to coal shortage and other issues.Many power projects are starving for coal in the absence of PPAs.
Government may auction power contracts with coal suppliesThe proposals are being deliberated at the high-level empowered committee headed by the cabinet secretary that is likely to meet next on Fr...
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.
Space odyssey to broadcast people's messages to stars in autumn this yearMessages from around the world will be beamed into space at the speed of light as part of a cultural project to create a celestial time cap...
'Spectre' rules global box office at $300 millionJames Bond thriller "Spectre", starring Daniel Craig and Christoph Waltz, has earned $300 million at the global box office in less than two...
'Spectre' breaks records with $80 million openingIn the UK, the film has taken in an estimated $64 million in its first seven days of release, the biggest opening run in box-office history.
- India, UK to collaborate on 12 new R&D projects
India, UK today announced 12 new research and development collaborations in the fields of advanced manufacturing, smart energy grids and en...
- GDF Suez keen to join race for BG's 65% stake in Gujarat gas
BG is already in talks with several bidders, including Germany's E.ON, domestic energy majors and international private equity funds.
- BG likely to offer MGL stake along with Gujarat unit
"The mega bulk deal could be valued at Rs 8,000-9000 crore and will make the winner the largest gas marketing entity in the country," said ...
- Indian, global companies vie for BG's 65% pie in Gujarat Gas
French and German energy majors Electricite de France and E.ON and two US- and UK-based PE firms have submitted non-binding bids for BG's 6...
- Hyderabad-based IMIMobile acquires UK's WINplc
Hyderabad-based IMIMobile, provider of mobile technology company has just acquired WINplc, at a cost of $26 million, its first major overse...
- Alstom awarded a contract for 1 bn pounds by RWE
Alstom has been awarded a contract worth approximately 1 billion pounds by RWE power plc for the design and construction of a full turnkey,...
- EDF to buy British Energy for $23 bn
Electricite de France (EDF), the world’s biggest nuclear utility, agreed to buy British Energy Group Plc for a sweetened £12.5 billion ($23...
- 7 Indian firms among top 250 global energy companies
In the annual rankings of Platts Top 250 Global Energy, ONGC and Reliance Industries have made into the top 50 with rankings of 23 and 39 r...
- Carbon trading: It’s all about commoditising dirty air
You have figured out commodities that can be grown, mined, touched. In 2007, step on the gas and trade in dirty air. Carbon dioxide is the ...
- Iberdrola set to buy out Scottish Power for £12b
Iberdrola, Spain’s second-largest power company, agreed to buy Scottish Power for £11.6 billion ($22.5 billion) to gain access to customers...
- Protectionism will not work in the long run: Deutsche Bank
A research report by Deutsche Bank - believed to be one of the banks that funded Mittal Steel - has said that protectionist strategies are ...